⚡ Quick Read What happened: The CERC has granted TEQ Green Power XI (O2 Power) a one-month extension to commission the remaining 10.8 MW of its 151.2 MW wind project and inject infirm power. Why it matters: This ruling highlights the regulatory flexibility available to developers facing project delays due to external factors like right-of-way…
⚡ Quick Read What happened: Madhya Pradesh saw a 142% year-over-year growth in solar open access capacity in 2025, with open access now accounting for 23% of the state’s large-scale solar installations. Why it matters: Rising grid tariffs and export market sustainability mandates are driving C&I consumers to prioritize rooftop solar, captive projects, and battery…
⚡ Quick Read What happened: GS Power Partners secured a $250 million debt facility, while KKR announced a $310 million investment in India’s e-bus sector alongside PMI Electro and Allfleet. Why it matters: These capital injections signal robust investor confidence in renewable project development and the accelerating electrification of public transport in India. Watch: The…
⚡ Quick Read What happened: The Central Electricity Authority projects India’s peak power demand will reach 459 GW by 2036, while CERC has adopted tariffs for 1,500 MW of NTPC solar projects and 1,670 MW of NHPC solar projects. Why it matters: The massive capacity expansion and regulatory tariff adoption provide clear price discovery benchmarks…
⚡ Quick Read What happened: Arevon Energy secured $920 million for a 1.2 GWh BESS project in California, while rPlus Energies raised $650 million for its 520 MW Blacks Creek Energy Center in Idaho. Why it matters: These large-scale capital inflows demonstrate robust investor appetite for long-duration storage and hybrid projects, signaling a global trend…
⚡ Quick Read What happened: India added 547 MWh of battery storage in 2025, reaching a cumulative capacity of 1,082 MWh, a 26% YoY increase. Why it matters: Developers are increasingly integrating storage to mitigate deviation settlement penalties and meet evolving DISCOM requirements for renewable energy. Watch: Future growth hinges on addressing the 18% GST…
⚡ Quick Read What happened: The CERC has officially adopted a tariff of ₹2.45/kWh for SECI’s 1,200 MW solar capacity under the CPSU program, rejecting SECI’s request for a higher ₹2.57/kWh rate. Why it matters: The ruling reinforces the sanctity of competitive bidding processes and sets a precedent for how ‘change-in-law’ claims regarding GST must…
⚡ Quick Read What happened: ACME Solar Holdings has commissioned 155 MW/470.25 MWh of battery energy storage systems (BESS) in Rajasthan, bringing its total operational storage capacity to 951.74 MWh. Why it matters: These merchant-operated projects demonstrate a viable business model for BESS by leveraging peak and off-peak price differentials to enhance grid stability. Watch:…
⚡ Quick Read What happened: The CERC has officially adopted tariffs of ₹2.68 and ₹2.69/kWh for 1,500 MW of ISTS-connected solar projects procured by NTPC. Why it matters: This approval provides regulatory certainty for major developers like Avaada and Apraava, validating the current competitive price benchmarks for large-scale solar. Watch: The execution of Power Purchase…
⚡ Quick Read What happened: The CERC has approved tariffs between ₹2.43/kWh and ₹2.47/kWh for NHPC’s 1,670 MW ISTS-connected solar projects, including a 500 MW greenshoe allocation. Why it matters: The approval validates the use of greenshoe options in competitive bidding, setting a precedent for scaling capacity at the lowest discovered tariff. Watch: Future regulatory…