Mercom Research Focus
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Energy Storage Firms Secure $8.9 Billion in Corporate Funding in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across 55 deals in 1H 2025, according to Mercom Capital Group’s 1H ...

August 10, 2026

Mercom Research Focus

India’s Solar Power Generation Rises 45.9% YoY to 62.8 BU in Q2 2026

India generated approximately 62.8 billion units (BU) of solar power in Q2 2026, increasing 45.9% year-over-year (YoY) from 43 BU in Q2 2025, according to the Central Electricity Authority (CEA). Solar generation rose 20.2% quart...

August 10, 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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Daily News Wrap-Up: Energy Storage Funding Drops 2% YoY in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across 55 deals in 1H 2025, according to Mercom Capital Group’s 1H and Q2 2026 Funding...

August 11, 2026

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Amara Raja Energy to Invest ₹5.5 Billion in Subsidiaries

Battery manufacturer Amara Raja Energy & Mobility has approved additional investments totaling ₹5.5 billion (~$57.64 million) in two of its wholly owned subsidiaries to support its lithium-ion battery gigafactory development and manufacturing...

August 11, 2026

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Tracker Firm FTC Solar Enters Indian Market Amid 31% Revenue Jump in Q2

U.S.-based solar tracker company FTC Solar reported revenue of $26.2 million in the second quarter (Q2) of 2026, up 31% year-over-year (YoY) from $20 million. Revenue beat analysts’ expectations by $1.77 million. Product revenue increased 41% YoY to...

August 11, 2026

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Array’s Q2 Revenue Drops 6% YoY, Higher Volumes Push EBITDA

U.S.-based solar tracker company Array Technologies reported revenue of $342.1 million in the second quarter (Q2) of 2026, down 5.6% year-over-year (YoY) from $362.2 million. The revenue exceeded analysts’ expectations by $28.29 million. The...

August 11, 2026

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Verdant Energy and Aura Power Merge to Form Solar, Storage IPP in the UK

Solar project developers Verdant Energy and Aura Power Developments have merged to form a solar and battery energy storage system (BESS) independent power producer (IPP) with approximately 1 GW of operating and under-construction assets in the U.K....

August 11, 2026

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Solar and Wind Additions Push Global Renewable Energy Capacity to 5.2 TW

Global renewable energy capacity reached 5,155 GW at the end of 2025, following annual additions of 693 GW, taking renewables’ share of global installed power capacity to 49.5%, according to the International Renewable Energy Agency (IRENA)....

August 11, 2026

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Assam Regulator Directs DISCOM to Follow Existing Rooftop Solar Rules

The Assam Electricity Regulatory Commission (AERC) has directed Assam Power Distribution Company (APDCL) to continue processing all rooftop solar applications in accordance with the applicable regulations, the Assam Solar Generation Promotion Policy,...

August 10, 2026

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Waaree Buys Stake in Smart Meter Company Eppeltone for ₹218 Million

Waaree Smart Meters, a step-down subsidiary of Waaree Energies, has acquired a 24.21% equity stake in smart meter manufacturer Eppeltone Engineers for approximately ₹217.8 million (~$2.3 million). According to Waaree, the acquisition aims to...

August 10, 2026

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Renewable Manufacturing Needs a New Generation of Skilled Engineers: Interview

India’s renewable energy ambitions are creating demand for a new generation of engineers, researchers, and manufacturing professionals with specialized skills. However, the workforce pipeline has struggled to keep pace with rapid growth in...

August 10, 2026

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Terra Clean Seeks Power Buyers for Long-Term Renewable Energy Procurement

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has invited expressions of interest (EoIs) from commercial & industrial (C&I) organizations interested in sourcing long-term renewable power under the group captive open...

August 10, 2026

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