Sunsure to Supply 12.7 Million Units of Solar Power to Auto Parts Firm Daeseung
Renewable solutions provider Sunsure Energy has signed a power purchase agreement (PPA) with Daeseung Autoparts India and Ilgahng Automotive to supply a cumulative of 12.7 million units of power annually from its 75 MW solar project in Tamil Nadu.The company has signed agreements to supply a total of 8 MW of solar power to Daeseung’s […]
Execution Risks Loom for Indian Battery Storage Developers as Tariffs Drop Sharply
India’s standalone battery energy storage system (BESS) tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over whether projects can be executed and, if so, whether they can meet the required quality standards at such aggressive tariffs.
POWERGRID Invites Bids for 100 MW/200 MWh Battery Storage Project in Punjab
Listen to this article Power Grid Corporation of India (POWERGRID) has invited bids to set up a 100 MW/200 MWh battery energy storage system (BESS) at
Daily News Wrap-Up: CERC Extends Connectivity Deadline for Delayed Projects
The Central Electricity Regulatory Commission (CERC) granted conditional relief to renewable energy developers whose interstate transmission system connectivity was revoked due to delays in project commissioning. The Commission held that the Central Transmission Utility of India acted in accordance with the Connectivity and General Network Access Regulations, 2022, when it issued revocation notices. The Karnataka […]
Rajasthan Adopts Tariff for 2 GWh Standalone Battery Storage Projects
The Rajasthan Electricity Regulatory Commission (RERC) has adopted a tariff of ₹285,000 (~$3,106.52)/MW/month for 500 MW/2,000 MWh standalone battery energy storage systems (BESS).
India’s Solar Imports Up 34% in Q4 2025, Exports Down 70% QoQ
Listen to this article India imported solar cells and modules worth over $1.12 billion (₹100.2 billion) in the fourth quarter (Q4) of 2025, a 55.6%
FTC Solar’s Q4 Revenue Jumps 149% YoY on Higher Demand for Solar Trackers
U.S.-based solar tracker provider FTC Solar’s revenue surged 148.9% year-over-year (YoY) to $32.9 million from $13.9 million in the fourth quarter (Q4) of 2025. The revenue was above the midpoint of the company’s guidance range of $30 million to $35 million. Higher sales volumes and increased absorption were the primary drivers of the significant YoY […]
MERC Approves 2000 MW/4000 MWh BESS Procurement For MSEDCL To Boost Grid Stability And Renewable Integration
The Maharashtra Electricity Regulatory Commission has approved a competitively discovered tariff for large-scale battery storage projects, enabling 2,000 MW/4,000 MWh capacity procurement. The tariff is set at Rs. 1,65,998 per MW per month for 15 years, facilitating renewable energy integration and ensuring a stable electricity supply. Viability Gap Funding will support project affordability. The post […]
Tata Power and Salesforce Partner to Build AI-Driven Clean Energy Ecosystem
Tata Power has partnered with Salesforce to enhance its rooftop solar, EV charging, and smart home energy businesses, supporting India’s net-zero goals. The collaboration will utilise Salesforce’s AI platform to improve operational efficiency and customer engagement, enabling better lead management and streamlined processes. This partnership aims to accelerate Tata Power’s clean energy initiatives and growth. […]
CERC Examines Dispute Over Renewable Project Connectivity Revocation Under GNA Regulations
On March 2, 2026, the Central Electricity Regulatory Commission addressed petitions from Serentica Renewables and ReNew Green Energy regarding the revocation of connectivity for renewable projects by CTUIL. The developers argued the cancellation was premature, citing delays from regulatory and environmental challenges. The Commission allowed them to proceed with commissioning while reviewing the case. The […]