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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

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

Mercom Research Focus

Solar Corporate Funding Jumps 56% YoY to $16.9 Billion in 1H 2026

Global solar companies raised $16.9 billion in corporate funding during the first half (1H) of 2026, a 56% year-over-year (YoY) increase from $10.8 billion in the corresponding period of 2025, according to Mercom Capital Group’s 1...

July 31, 2026

Energy Storage

Storage, Engineering, and Service Become Distributed Solar’s Growth Drivers

India’s distributed solar and energy storage markets are expanding, driven by time-of-day (ToD) tariffs, evolving rooftop regulations, backup power requirements, peak-shaving applications, and falling lithium-ion battery prices. I...

August 4, 2026

Latest News

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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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BESCOM Invites Bids for 500 MW Distributed Solar Projects

Bengaluru Electricity Supply Company (BESCOM) has invited bids to develop 500 MW of grid-connected distributed solar projects. The projects will be developed under the Mukhya Mantri Soura Krishi Yojane. The tender covers 54 projects across Davangere,...

August 6, 2026

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India Can Build a Domestic Long-Duration Energy Storage Industry: Interview

Lithium-ion batteries dominate India’s energy storage market today, but researchers and industry are also exploring alternative technologies for long-duration energy storage that could improve domestic manufacturing and reduce dependence on...

August 6, 2026

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Higher Energy Storage System Sales Boost Sunrun’s Q2 Revenue by 53% YoY

U.S.-based residential solar and battery storage provider Sunrun reported total revenue of $869.99 million in the second quarter (Q2) of 2026, a 52.8% year-over-year (YoY) increase from $569.34 million, driven by higher energy storage system sales....

August 6, 2026

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Ore Energy Raises $43 Million to Scale Iron-Air Battery Manufacturing

Ore Energy, a developer of iron-air batteries for long-duration energy storage, has raised $43 million in Series A funding in a round co-led by Plural and HV. Positron Ventures also participated in the round, bringing the company’s total funding to...

August 6, 2026

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Tamil Nadu Announces PM Surya Ghar Rooftop Solar Subsidy of Up to ₹100,000

The Tamil Nadu government has 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 6, 2026

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SECI Seeks PMU for 100 MW Solar/120 MWh Battery Storage Project

The Solar Energy Corporation of India (SECI) has invited bids to procure a phasor measurement unit (PMU) for a 100 MW solar project integrated with a 40 MW/120 MWh battery energy storage system in Rajnandgaon, Chhattisgarh. The scope of work...

August 6, 2026

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GE Vernova to Supply 163 MW Turbines for Enfinity’s Wind Farm

Energy equipment manufacturer GE Vernova has signed an agreement with Enfinity Global to supply and install 43 of its 3.8 MW-154m onshore wind turbines. The turbines, with a collective capacity of 163.4 MW, will be installed at Enfinity Global’s...

August 6, 2026

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Maharashtra Regulator Approves BEST’s 220 MW Solar/440 MWh Storage Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved Brihanmumbai Electric Supply and Transport Undertaking’s (BEST) proposal to procure 220 MW of solar power bundled with a 110 MW/440 MWh energy storage system from the Solar Energy...

August 6, 2026

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