world-bank

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Daily News Wrap-Up: MNRE Extends Solar Inverter Self-Certification Deadline

The Ministry of New and Renewable Energy (MNRE) extended the implementation timeline of mandatory compliance under the Solar Systems, Devices and Components Goods Order,...

July 13, 2026

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Mercom Staff

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Daily Wrap-up
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World Bank Approves $890 Million Financing Package for PM Surya Ghar

The World Bank has approved an $890 million (~₹84.95 billion) financing package to support the PM Surya Ghar: Muft Bijli Yojana. The financing package comprises an $820...

July 10, 2026

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Melvin Mathew

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Solar
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Maharashtra Approves ₹123 Billion Clean Energy and Storage Program

The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...

April 30, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy

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Solar
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World Bank Provides $198 Million Guarantee for SBI’s Rooftop Solar Initiative

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

February 19, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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World Bank Approves $1.5 Billion to Accelerate Low-Carbon Energy in India

The World Bank has approved $1.5 billion in financing to bolster India’s efforts in developing low-carbon energy. The initiative, part of the second low-carbon...

July 1, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Masdar Secures Financing for 250 MW Solar and Energy Storage Project in Uzbekistan

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy project developer, secured $159 million in financing for the development of a 250 MW solar...

May 24, 2024

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Staff

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Solar

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Storage
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Daily News Wrap-Up: Odisha Offer for Sale of 500 MW Solar Power

Grid Corporation of Odisha (GRIDCO) has invited bids from intra-state off-takers to buy 500 MW of solar power through a tariff-based competitive bidding process with a...

December 27, 2023

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Mercom Staff

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Daily Wrap-up
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Himachal Pradesh DISCOM Floats Tender for 50 MW Solar Projects

Himachal Pradesh Power Corporation (HPPCL) has invited bids to develop 50 MW of solar power projects anywhere in the state. The scope of work includes design, supply,...

December 26, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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Blended Finance Key to India’s Transition to Clean Energy: IFC

Blended finance is set to play a crucial role in bolstering India’s transition to clean energy by its capacity to attract greater private investment into impactful...

September 26, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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World Bank’s $1.5 Billion Loan to Support India’s Low-Carbon Energy Transition

The World Bank Group’s Board of Executive Directors has approved $1.5 billion in financing to accelerate the development of low-carbon energy in India by scaling-up...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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World Bank Loans $200 Million to Himachal Pradesh to Add 10 GW of Renewables

The World Bank‘s Board of Executive Directors approved a loan of $200 million to the Government of Himachal Pradesh to help the Indian state achieve its target of adding...

June 29, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Maldives Invites Bids for 20 MW of Grid-Connected Solar Projects

The Ministry of Finance, Maldives, on behalf of the Ministry of Environment, Climate Change and Technology, has invited bids to select developers to install 20 MW of...

May 16, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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West African States Kick Off $311 Million Project to Boost Renewables

The new Regional Emergency Solar Power Intervention Project (RESPITE) has commenced operations in Freetown, Sierra Leone, to expand electricity access to millions of...

February 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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World Bank To Provide $200 Million for Two Solar Projects in India

The World Bank has signed agreements with the Government of India and the Solar Energy Corporation of India (SECI) for loans and grants worth $200 million to deploy...

January 10, 2023

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Satish Shetty

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Finance and M&A

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Other

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Solar
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World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project...

December 23, 2022

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Gourav Mishra

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Other

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Renewable Energy

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