Home » Daily Newsletter » CERC Issues Draft Guidelines For Boosting Virtual PPAs
The Rajasthan Electricity Regulatory Commission (RERC) has released draft regulations for Green Energy Open Access (GEOA), aiming to streamline renewable power procurement through intra-state transmission networks under the Electricity Act, 2003. The proposed framework will govern open access to electricity from renewable sources—both captive and...
United States (US)-based solar tracker company Nextracker has recently signed a 305 MW solar project with ReNew Private in Anantapur, India. Nextracker has contracted for over 10 GW of annual manufacturing capacity in India, besides establishing an R&D centre for excellence in Bengaluru. The firm...
Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The...
Roofsol Energy Pvt. Ltd., a player in India’s solar EPC sector, has announced the successful commissioning of over 29 MWp of solar capacity through 14 projects spread across 12 Indian states and more than five industrial sectors. The newly commissioned installations are expected to generate...
India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3...
A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and...
NTPC Green Energy Limited (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025. NTPC's renewable energy arm, NGEL secured a cumulative capacity of 80MW/320MWh/Month under the competitive bidding process. Whereas, Gujarat-based Opera Energy secured...
The Gujarat Urja Vikas Nigam Limited (GUVNL) has signed Battery Energy Storage Purchase Agreements (BESPAs) with Gujarat-based Advait Energy and Rajasthan-based H.G. Infra Engineering, following the Gujarat Electricity Regulatory Commission’s (GERC) approval of tariffs discovered through a competitive bidding process for 500 MW/1,000 MWh standalone...
China’s CATL, a global leader in battery manufacturing, was recently listed on the Hong Kong Stock Exchange (HKEX) under ticker 3750, marking the first A-share company to seek a secondary listing in Hong Kong with a price cap. The company offered 135 million shares before...
Indian energy firm Exicom recently unveiled Harmony Direct 2.0, a next-generation DC (direct current) fast charger powered by Harmony OS, described by the company as the country’s first indigenously developed charger operating system. The launch was made at a company-hosted industry event in Gurugram, where...
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