Breaking
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SECI Unveils Winners of 1 GW Firm and Dispatchable Renewable Energy Auction

The Solar Energy Corporation of India (SECI) has announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) power from interstate transmission system (ISTS)-connected r...

August 7, 2026

Mercom Research Focus

Solar Tender and Auction Activity Declines in Q2 2026

Government agencies issued tenders for approximately 5.4 GW of solar capacity in the second quarter (Q2) of 2026, down 5.7% from 5.7 GW in the previous quarter and 21.5% lower than 6.8 GW in the same quarter last year. The decline...

August 4, 2026

Manufacturing

US Imposes 15% Tariff on Polysilicon Derivatives, Sets Solar Import Prices

The U.S. has announced a 15% additional tariff on certain polysilicon products and set minimum import prices for polysilicon, wafers, and solar cells and modules, effective December 4, 2026, regardless of the country of origin. Pr...

August 7, 2026

Floating Solar

NTPC SAIL Announces Winner of 20 MW Floating Solar Auction

NTPC SAIL Power Company (NSPCL), a joint venture of NTPC and Steel Authority of India (SAIL), has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 20 MW floating solar project in Ch...

August 5, 2026

Latest News

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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY) from $602.5 million. The revenue missed analysts’ estimates by $161.27 million....

August 7, 2026

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MNRE Eyes Faster Green Energy Corridor Phase III Rollout with PPP Model

The Ministry of New and Renewable Energy (MNRE) has structured the Green Energy Corridor (GEC) Phase III as a public-private partnership program under tariff-based competitive bidding, with private transmission service providers bearing construction...

August 7, 2026

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River Mobility Raises $120 Million in Series C Funding

Electric two-wheeler manufacturer River Mobility has raised $120 million (~₹11.4 billion) in a Series C funding round led by Elev8 Venture Partners and Claypond Capital. The funding round also saw participation from Singularity AMC, Anicut Capital,...

August 7, 2026

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Odisha Issues Draft Rules for Distributed Renewable Energy Systems

The Odisha Electricity Regulatory Commission (OERC) has issued draft regulations to enable efficient integration of distributed renewable energy systems (DRES) through multiple metering options, storage requirements, billing mechanisms, and grid...

August 7, 2026

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Daily News Wrap-Up: Tamil Nadu Announces Top-up Subsidy for Rooftop Solar

The Tamil Nadu government announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to ₹100,000 (~$1,052). The state government will provide a top-up subsidy of ₹22,000...

August 7, 2026

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Aegeus Technologies’ Initial Public Offering Oversubscribed 24 Times

Robotic solar module cleaning equipment supplier Aegeus Technologies’ ₹237 million (~$2.49 million) initial public offering (IPO) was subscribed 24.33 times at the end of the bidding window on August 6, 2026. The IPO consisted of a fresh issue of 2....

August 6, 2026

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Cabinet Approves ₹237 Billion National Compressed Biogas Program

The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas production in India. The program will run from the financial year (FY) 2026-27 through...

August 6, 2026

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Solar Landscape Secures $150 Million for Distributed Solar Pipeline

Solar Landscape, a U.S.-based developer and operator of distributed solar and storage projects, has secured a development financing facility of up to $150 million from Copenhagen Infrastructure Partners to support its U.S. distributed solar pipeline....

August 6, 2026

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