Uma Gupta
DISCOMs continue to exceed their 3% fiscal deficit limit, highlighting need for state oversight
Besides direct lending, states continue to fund DISCOMs through grants and subsidies, but ongoing financial losses suggest the need for enhanced fiscal discipline and operational oversight.
ACME Solar Holdings assigned ‘AA-/Stable’ rating by ICRA
ICRA Ltd has assigned ‘AA-’ credit rating with ‘Stable’ outlook on ACME Solar Holdings’ long-term non-fund based bank facilities. The rating reflects ACME Solar’s diversified portfolio across multiple locations and offtakers (primarily central), revenue visibility from long-term power purchase agreements (PPAs), optimal generation performance and comfortable debt coverage metrics.
India installed 17.5 GW solar in first five months of this fiscal: ICRA report
India installed 17.5 GW of solar and 2.6 GW of wind power capacity in the first five months of FY2026 (April–August 2025), according to a new report by ICRA.
SECI announces maiden debenture issue to strengthen renewable energy investments
Solar Energy Corp. of India’s maiden debenture issue received an overwhelming response with 43 bids totaling INR 2,156.75 crore, against the total issue size of INR 600 crore.
India added 44.2 GW of new solar modules and 7.5 GW of cell manufacturing capacity in H1 2025: Mercom
TOPCon led module manufacturing capacity additions with 39.9 GW, followed by 3 GW of monocrystalline modules. For the first time, 1.2 GW of HJT module capacity was added in the country.
Adani Green switches on 408.1 MW renewable energy projects at Khavda
Adani Green Energy Ltd has operationalized 87.5 MW solar, 124.8 MW wind, and 195.8 MW hybrid power projects at Khavda, Gujarat, through its various stepdown subsidiaries.
Premier Energies secures solar electrification orders in West Africa
Premier Energies Ltd has secured contracts worth $19.95 million for the supply and installation of solar power systems in the Republic of Benin, West Africa.
Oyster Renewable secures INR 1,844 crore loan for 342 MW solar-wind hybrid project
Oyster Renewable Energy has achieved financial closure for its 342 MW solar-wind hybrid power project in Madhya Pradesh by securing a project loan of INR 1,844 crore from Union Bank of India.
Loom Solar launches 10 kW three-phase hybrid inverter for C&I solar
Loom Solar has introduced the Fusion 103H three-phase 10kW/48V hybrid inverter combining the functions of a traditional solar inverter and a battery inverter in a single device. The inverter is designed for both on-grid and off-grid use and is suitable for larger homes, commercial buildings, and industries.
Prime minister Narendra Modi lays foundation stone of SECI’s 300 MW AC solar PV project in Andhra Pradesh
Prime Minister Narendra Modi recently laid the foundation stone of Solar Energy Corp. of India Ltd’s 300 MW AC solar PV project in Andhra Pradesh virtually. The project, located Ramagiri in Sri Sathya Sai district, is SECI’s largest self-owned solar PV installation.
