Despite record-low renewable energy tariffs, several states have entered long-term thermal power purchase agreements (PPAs) at significantly higher tariffs of ₹5.38 (~$0....

The Central Electricity Regulatory Commission (CERC) has approved tariffs ranging from ₹2.56 (~$0.028)/kWh to ₹2.57 (~$0.029)/kWh discovered at NHPC’s auction for...

The Central Electricity Regulatory Commission (CERC) has permitted special purpose vehicles (SPVs) or subsidiaries of renewable energy companies to submit land and...

Global Renewable Synergy Company (GRSC), a subsidiary of Bangkok-headquartered Global Power Synergy Company (GPSC), has divested 3% of its shares in India-based green...

According to Mercom’s Q3 2024 India Solar Market Update report, the top five funding deals in India’s solar sector in 2024 saw a 42.85% year-over-year increase, securing...

The North Western Railway has invited bids for the installation of 7.28 MW grid-connected rooftop solar power systems at residential buildings in the Jaipur division....

Onward Solar Power, Jevargi Solar (Rays Infra), Essar Renewables, Mahindra Susten, and Avaada Energy have won NHPC’s auction to develop 1.2 GW interstate...

Ferrovial, a sustainable infrastructure builder and operator, announced the acquisition of a 257 MW solar project in Leon County, Texas, U.S. The acquisition agreement...

From: Mercom Capital Group Ferrovial, a sustainable infrastructure builder and operator, announced the acquisition of a 257 MW solar project in Leon County, Texas, U.S....

Avaada Energy, the renewable energy division of Avaada Group, has secured financing of ₹3.15 billion (~$37.8 million) from Aseem Infrastructure Finance (AIFL) for a...

energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax equity commitment for a 108...

From: Mercom Capital Group energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax...

Avaada Energy, the renewable energy division of Avaada Group, has secured green financing of ₹11.9  billion (~$143 million) from the State Bank of India (SBI), a public...

Origis Energy, a vertically integrated renewable energy platform and solar project developer, secured a $136 million construction financing facility and conversion to a...

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and solar project developer, secured a $136 million construction financing...