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Daily News Wrap-Up: Uttar Pradesh Approves 72 MW KUSUM Solar Tariffs

The Uttar Pradesh Electricity Regulatory Commission approved the tariffs and the execution of 25 power purchase agreements for grid-connected solar power projects with...

December 18, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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ReNew Signs Deal with Google for 150 MW Solar Project in Rajasthan

Decarbonization solutions company ReNew has signed a long-term agreement to enable the development of a 150 MW solar project in Rajasthan. Under this partnership, Google...

December 17, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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LEAPTING Secures 1 GW Solar Module Cleaning Robot Order from ReNew

Robotic solar module cleaning equipment supplier, LEAPTING, has secured an order from ReNew Power to supply automatic solar module cleaning robots for more than 1 GW of...

December 12, 2025

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Meghana Prasad

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Modules

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Solar
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IndiGrid to Acquire ISTS Asset from ReNew to Evacuate 2.5 GW Solar Energy

Power transmission and renewable energy company IndiGrid has executed definitive agreements to acquire Gadag Transmission (GLT), an interstate transmission system (ISTS)...

December 3, 2025

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Parth Shukla

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Grid

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Other
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Inox Air to Supply Nitrogen for Solar Cell Plants of ReNew and Grew

Industrial, electronic, and specialty gas manufacturer Inox Air Products (INOXAP) has entered into long-term partnerships with Grew Energy and ReNew Energy Global to...

November 28, 2025

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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ReNew to Invest ₹600 Billion in Clean Energy Projects in Andhra Pradesh

Decarbonization solutions company ReNew will invest approximately ₹600 billion (~$6.76 billion) to set up multiple green energy projects in Andhra Pradesh. This adds to...

November 14, 2025

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Parth Shukla

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Solar
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ReNew Reports Rise in Revenue in Q2, Profit Slips Marginally

Decarbonization solutions company ReNew posted a total revenue of ₹38.55 billion (~$434 million) in the second quarter (Q2) of the financial year (FY) 2026, a 32%...

November 12, 2025

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Meghana Prasad

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Finance and M&A

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Solar
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ReNew Secures $331 Million from ADB for Hybrid Renewable Energy Project

Decarbonization solutions company ReNew Energy Global (ReNew) has secured $331 million in debt funding from the Asian Development Bank (ADB) to support the development...

November 10, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar

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Wind
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ReNew Receives Revised Share Buyout Proposal from Investors

Decarbonization solutions company ReNew Energy Global (ReNew) has received a best and final non-binding proposal from the consortium led by Abu Dhabi Future Energy...

October 15, 2025

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Staff

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Finance and M&A

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Press Releases
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Sembcorp to Acquire 300 MW Solar Project from ReNew

Sembcorp Green Infra, a wholly owned subsidiary of Singapore-based energy solutions company Sembcorp Industries, has signed a share purchase agreement with ReNew to...

October 8, 2025

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Staff

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Finance and M&A

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Solar
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ReNew’s Revenue and Profit in Q1 FY 2026 Up on Higher Module Sales

Decarbonization solutions company ReNew has reported a 1,202% year-over-year (YoY) increase in net profit to ₹5.13 billion ($59 million) in the first quarter (Q1) of the...

August 14, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: Solar Helps Textile and Ceramic Firms Save ₹152 Million Yearly

Taking the green route, four companies from the textile and ceramic industries have cumulatively saved ₹152.26 million (~$1.7 million) since 2024 by procuring power from...

June 18, 2025

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Mercom Staff

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Daily Wrap-up
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Higher Solar Module Sales Propel ReNew’s Net Profit Up 415% in Q4 FY 2025

Decarbonization solutions company ReNew has reported a 415% year-over-year (YoY) increase in net profit to ₹3.14 billion (~$36.48 million) in the fourth quarter (Q4) of...

June 17, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Month In a Minute: Top Headlines from the Indian Renewable Sector in May 2025

India added 6.7 GW of solar capacity in the first quarter of 2025, according to Mercom India’s latest Q1 2025 India Solar Market Update Report. The numbers reflect a 25%...

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Adani Green, ReNew, and ACME Solar: Top Utility-Scale Solar Developers in 2024

Adani Green Energy, ReNew, ACME Solar, NTPC Renewable Energy, and O2 Power emerged as the top utility-scale solar project developers in India for 2024, according to...

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