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Maharashtra’s Storage Mandate Reshapes Rooftop Solar Economics

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly dependent on their ability to offset peak-hour tariffs rather ...

June 17, 2026

Energy Storage

NTPC REL Announces Winner of 250 MW Solar Plus 200 MWh Storage Auction

NTPC Renewable Energy (NTPC REL) has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 250 MW solar project with a 50 MW/200 MWh battery energy storage system (BESS) in Sitapur, Utta...

June 16, 2026

Mercom Research Focus

India Adds 4.6 GWh of Battery Energy Storage Capacity in Q1 2026

India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India Research’s Q1 2026 India’s Energy Storage Landscape Report. The c...

June 16, 2026

Mercom Research Focus

ALMM-II Mandate May Strain Cell Supply for Standalone Module Manufacturers

India’s solar manufacturing sector is bracing for short-term pressure in the cell supply chain, with the Ministry of New and Renewable Energy’s (MNRE) mandating that projects use solar cells from the Approved List of Models and Ma...

June 15, 2026

Latest News

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Project Finance Brief: Cypress Creek Secures $3.5 Billion

From: Mercom Capital Group Cypress Creek Energy, a solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases of the Steel River Energy Center, a three-phase solar and battery storage project in...

June 17, 2026

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Funding and M&A Roundup: Eclipse Raises $23 Million

From: Mercom Capital Group Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a Series A financing round to expand battery storage deployment across Europe....

June 17, 2026

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Tripura Invites Bids for 81.5 MW Residential Rooftop Solar Projects

Tripura State Electricity Corporation (TSECL) has invited bids to install 81.5 MW of grid-connected rooftop solar systems for residential consumers across Tripura under the PM Surya Ghar Muft Bijli Yojana. Bids must be submitted by July 14, 2026....

June 17, 2026

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Mumbai Mall to Save ₹217 Million Through Zero-Capex HVAC Retrofit

Commercial and industrial (C&I) consumers are increasingly looking beyond renewable energy procurement to reduce electricity costs, with energy efficiency upgrades emerging as another avenue to lower operating expenses. One such example is a...

June 16, 2026

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NTPC REL Issues EPC Tender for 1.2 GWh Battery Storage Project in Rajasthan

NTPC Renewable Energy (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy (NGEL), has issued an engineering, procurement, and construction (EPC) tender to set up a 300 MW/1,200 MWh interstate-transmission system (ISTS)-connected battery...

June 16, 2026

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NTPC REL Floats Land & Power Evacuation Tender for 500 MW Solar Projects

NTPC Renewable Energy (NTPC REL) has invited bids for the land and power evacuation package to develop 500 MW of interstate transmission system (ISTS)-connected solar projects in Ananthapuram, Andhra Pradesh. The last date to submit bids is July 15,...

June 16, 2026

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NTPC Renewables Tenders 2.2 GWh Battery Storage Project in Rajasthan

NTPC Renewable Energy (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package to develop a 500 MW/2,200MWh interstate transmission system (ISTS)-connected battery energy storage system at its Shimboo ka Burj Solar...

June 16, 2026

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MENA Weekly Round-Up: Morocco to Develop 16 GW Renewables

Morocco plans to invest $16 billion in developing 16 GW of renewable energy capacity over the next five years. By the end of 2025, the country’s operational renewable energy capacity stood at around 5.5 GW, accounting for more than 45% of its total...

June 16, 2026

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Chhattisgarh Hikes Power Tariff Across Categories for FY 2026-27

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has approved an average tariff increase of 6.23% across consumer categories for the financial year (FY) 2026-27, amounting to ₹0.42 (~$0.0044)/kWh. The Chhattisgarh State Power...

June 16, 2026

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