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NTPC REL Announces Winners of 1 GW Solar Module Supply Auction

NTPC Renewable Energy (NTPC REL) has announced the winners of its auction to supply modules for its upcoming 1 GW solar projects in the Lalitpur and Chitrakoot districts of Uttar Pradesh. The projects were divided into three block...

July 16, 2026

Mercom Research Focus

India’s Wind Installations Slipped 15% QoQ in Q2 2026

India added 1.3 GW of wind power capacity in the second quarter (Q2) of calendar year (CY) 2026, down 15% from the previous quarter and 18% from the same period last year, according to Mercom India Research. Wind installations slo...

July 16, 2026

Mercom Research Focus

India’s Energy Storage Pipeline Hits 25% of 2032 Requirement

India’s energy storage pipeline has crossed 110 GWh across the under-development and pre-construction stages, according to data from the Mercom India Renewable Energy Project Tracker. The pipeline includes battery energy st...

July 16, 2026

Sponsored News

The Complete Guide to Power Trading in India for C&I Consumers

Do you know that if your facility has a sanctioned load of 1 MW or more, you can buy cheaper electricity directly from the national market right now? Most commercial and industrial (C&I) consumers don’t realize they’re s...

July 14, 2026

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Pharma Firm Kilitch to Save Around ₹15 Million Annually with Rooftop Solar Project

The healthcare sector stands to benefit significantly from transitioning to solar energy, given its high power requirements. By leveraging available rooftop space, healthcare facilities can meet part of their energy needs through clean power,...

July 16, 2026

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Emmvee Plans 9 GW Ingot-Wafer Expansion Amid Revenue and Profit Hike

Bengaluru-based solar cell and module manufacturer Emmvee Photovoltaic Power reported revenue from operations of ₹15.56 billion (~$162.5 million) in the first quarter (Q1) of the financial year (FY) 2027, a 51% year-over-year (YoY) increase from ₹10....

July 16, 2026

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Cabinet Approves ₹1.28 Trillion Program to Boost Semiconductor Ecosystem

The Union Cabinet has approved Semicon 2.0, the second phase of India’s semiconductor incentive program, with a total budget outlay of ₹1.28 trillion (~$14.9 billion) to strengthen the country’s semiconductor design and manufacturing...

July 16, 2026

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Japan Awards 89 MW Solar Capacity at an Average Tariff of $0.04/kWh

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has selected 29 bids for a total capacity of 89.2 MW in its auction to install 91 MW of solar projects under its 28th solar auction. The auction was open to...

July 16, 2026

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Sterling & Wilson’s Revenue Drops 9.7% YoY in Q1 FY 2027 Due to Lower EPC Business

Sterling and Wilson Renewable Energy (SWREL) has posted revenue of ₹15.90 billion (~$165.1 million) in the first quarter (Q1) of the financial year (FY) 2027, a 9.7% year-over-year (YoY) decline from ₹17.62 billion (~$182.9 million) during the same...

July 16, 2026

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ACME Solar Secures ₹26 Billion for 450 MW/1,800 MWh FDRE Project

Gurgaon-based independent power producer ACME Solar Holdings has secured long-term project financing of ₹26.47 billion (~$274.5 million) for its 450 MW/1,800 MWh firm and dispatchable renewable energy (FDRE) project from REC. The funding will...

July 16, 2026

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Exide Invests ₹1 billion in Subsidiary to Fund Lithium-ion Cell Facility

Exide Industries (EIL) has announced an investment of ₹1 billion (~$10.38 million) in Exide Energy Solutions (EESL) to fund a gigawatt-scale lithium-ion cell manufacturing facility that is being set up in Bengaluru. The investment was made through...

July 16, 2026

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Gujarat Mandates 51% Renewable Power for Data Centers Under New Policy

The Gujarat government has unveiled its Viksit Gujarat Data Center Policy, which mandates that data center developers source at least 51% of the electricity consumed by their facilities for core operations from renewable energy. The renewable energy...

July 16, 2026

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Waaree Commissions 5.15 GWh Battery Storage Container Manufacturing Plant

Waaree Energy Storage Solutions, a subsidiary of Waaree Energies, has commenced operations at its 5.15 GWh battery energy storage container manufacturing facility in India. The company said it expanded the facility’s planned battery storage...

July 16, 2026

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Sri Lanka Floats Tender for 250 MW/1,000 MWh Battery Energy Storage Systems

Sri Lanka’s National System Operator (NSO) has issued a request for proposals to set up 250 MW/1,000 MWh of standalone battery energy storage systems on a build-own-operate basis, with a 15-year operational period. The energy storage systems will be...

July 16, 2026

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