Renewable Energy

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ACME Cleantech Wins SECI’s Auction to Supply 75,000 MT of Green Ammonia

ACME Cleantech Solutions has won Solar Energy Corporation of India’s (SECI) auction to supply 75,000 metric tons (MT) of green ammonia annually to 12 fertilizer plants...

July 30, 2025

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Tina Freese

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Renewable Energy

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Tenders and Auctions
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REMCL Issues RfS for Supply of 1 GW Round-the-Clock Renewable Power

REMCL, a joint venture between the Ministry of Railways and Rail India Technical and Economic Service, has issued a request for selection (RfS) for the supply of 1,000...

July 30, 2025

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Tina Freese

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Renewable Energy

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Tenders and Auctions
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Odisha Identifies 45 Pumped Storage Project Sites, to Issue Guidelines Soon

Odisha’s Energy Department has released the ‘Odisha Pumped Storage Projects (PSP) Policy’, identifying 45 potential PSP sites for implementation. Such PSPs will be...

July 29, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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Capacity Additions Push Adani Green’s Revenues Up 31% in Q1 2026

Adani Green Energy (AGEL) reported a 31% year-over-year (YoY) revenue surge, from ₹25.28 billion (~$291 million) to ₹33.13 billion (~$382 million) in the first quarter...

July 29, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Hybrid Power Can Play a Central Role in Strengthening Grid Stability

India’s renewable energy landscape has transitioned from standalone solar and wind installations to highly customized hybrid power projects that often include energy...

July 29, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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MENA Weekly Round-Up: Saudi Arabia Inks Key Pacts on Renewable Energy

Saudi Arabia’s ACWA Power signed a series of agreements and MoUs with European energy leaders, TotalEnergies (France), Edison (Italy), and EnBW (Germany), to establish a...

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India Must Build a Resilient Domestic Supply Chain for BoS Components

India’s clean energy ambitions are entering a critical new phase. While the solar manufacturing ecosystem has made significant strides, particularly in module production,...

July 28, 2025

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Arjun Joshi

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Manufacturing

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Renewable Energy
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Strong Subsidiary Performance Drives NextEra’s $2 Billion Profit in Q2 FY 2025

U.S.-based power producer NextEra Energy reported a net income of $2.02 billion in the second quarter (Q2) of the financial year (FY) 2025, a 24.98% year-over-year (YoY)...

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MNRE Releases ₹679.5 Million Funding to Four Hydrogen Valley Clusters

The Ministry of New and Renewable Energy (MNRE) has approved the release of ₹679.5 million (~$7.8 million) as the first tranche of central financial assistance (CFA) to...

July 28, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Impacted by the Big Beautiful Bill, Tesla’s Net Income Drops 23% in Q2 2025

Electric vehicle (EV) maker Tesla reported a net income of $1.3 billion in the second quarter (Q2) of 2025, a 23% year-over-year (YoY) fall from the same period last...

July 25, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Enlog Wins Mercom India’s Third Startup Pitch Competition

Enlog, an AI-powered energy management and IoT solutions provider, emerged as the winner of Mercom’s Third Startup Pitch Competition for Cleantech Companies, held during...

July 25, 2025

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Arjun Joshi

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Other

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Renewable Energy
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CERC Directs Phased Rollout of Power Market Coupling from January 2026

The Central Electricity Regulatory Commission (CERC) has directed a phased implementation of market coupling across power exchanges, starting with the day-ahead market...

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Winners of Mercom’s 2025 Renewable Industry Awards Announced

The winners of the fifth annual Mercom India Awards have been announced. These prestigious awards, presented to the winners by Union Minister of New and Renewable Energy...

July 24, 2025

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Arjun Joshi

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Renewable Energy

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Solar
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India Can Realistically Achieve Its Net-Zero Target by 2050

India’s energy landscape is on the verge of a transformative shift, driven by the urgent need to address climate change, ensure energy security, and foster economic...

July 24, 2025

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Arjun Joshi

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Other

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Renewable Energy
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India Sets Target of 1.8 TW of Renewable Energy Capacity by 2047

India has set a target of 1,800 GW of renewable energy capacity by 2047, said Sudeep Jain, Additional Secretary, Ministry of New and Renewable Energy, at the Mercom...

July 24, 2025

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Melvin Mathew

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Other

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Renewable Energy

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