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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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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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SolarEdge Returns to Profitability in Q2, Expects Weak Funding Environment in Q3

Israel-based solar inverter manufacturer SolarEdge reported revenue of $346.2 million in the second quarter (Q2) of 2026, a 19.6% year-over-year (YoY) increase from $289.4 million and surpassing analysts’ expectations by $5.08 million. The...

August 6, 2026

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Energy Storage Can Turn Curtailed Solar into Reliable Power: Interview

Rising renewable energy penetration, rapid capacity additions, and evolving regulatory environment are making energy storage an essential part of India’s power system.. In the first quarter of 2026, the country added 4.6 GWh of battery energy...

August 6, 2026

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Daily News Wrap-Up: SECI Issues Tender for Geothermal Assessment

The Solar Energy Corporation of India (SECI) invited expressions of interest for geothermal resource assessment and development in the union territory of Andaman & Nicobar Islands. The last date to submit bids is September 18, 2026. The...

August 6, 2026

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New Research Improves Day-Ahead Solar Forecasting Accuracy by 13%

Researchers at North Carolina State University have demonstrated techniques that improved day-ahead solar power forecasting by up to 13% compared with the most consistently performing individual model. The findings were published in the Journal of...

August 5, 2026

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Maharashtra Regulator Approves Tariffs to Procure 2.27 GW of Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company’s (MSEDCL) petition seeking adoption of tariffs discovered for the long-term procurement of 2.27 GW of solar power under the...

August 5, 2026

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