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JAKEDA Announces Winners of 153 MW Rooftop Solar Auction

Jammu and Kashmir Energy Development Agency (JAKEDA) has announced the winners of its empanelment auction to select developers to set up grid-connected rooftop solar projects on government buildings under the renewable energy serv...

May 25, 2026

Grid

Can Automatic Generation Control and Grid-Forming Inverters Solve Grid Challenges?

With renewables overtaking coal-based sources in India’s installed power capacity, concerns are growing around intermittency, grid stability, and power balancing as solar and wind power injection increases. Solar-heavy states such...

May 25, 2026

Mercom Research Focus

Bridging the Solar Skills Gap as Academia Races to Catch Up

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of skilled workforce, according to industry leaders. The widening skil...

May 22, 2026

Mercom Research Focus

Solar Open Access Installations in India Surge 160% YoY to 2.7 GW

India added 2.7 GW of solar open access capacity in the first quarter (Q1) of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55% quarter-over-quarter increase from 1.7 GW and 160% year-o...

May 21, 2026

Latest News

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Spearmint Energy Secures $450 Million for Texas Battery Storage Project

Spearmint Energy, a utility-scale battery storage project developer, has closed approximately $450 million in financing for Red Egret, a 300 MW/600 MWh standalone battery energy storage project in Texas City, Texas. The financing package comprises a...

May 25, 2026

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Suzlon’s Q4 Revenue Up 45% YoY, Wind Turbine Sales Soar

Wind turbine manufacturer Suzlon Energy reported a revenue of ₹54.68 billion (~$571.89 million) in the fourth quarter (Q4) of the financial year, a 44.9% year-over-year (YoY) increase from ₹37.74 billion (~$394.71 million). Profit after tax (PAT)...

May 25, 2026

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Solar Financing Platform Stride Raises $15 Million in Series B Funding

Stride, a Vietnam-based rooftop solar financing platform, has raised $15 million in a Series B funding round to expand solar and battery adoption among households and micro, small, and medium enterprises in Vietnam. Lightrock and TRIREC co-led the...

May 25, 2026

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MNRE Asks DISCOMs to Expedite Commissioning of Rooftop Solar Projects

With less than a week to go for the Approved List of Models and Manufacturers (ALMM) List-II mandate for solar cells to kick in, the Ministry of New and Renewable Energy (MNRE) has advised distribution companies (DISCOMs) to facilitate the timely...

May 25, 2026

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Invertix Raises $2 Million for AI-based Renewable Asset Tools

Invertix, a startup developing AI-powered software for renewable energy asset management, has raised €1.7 million (~$1.97 million) in pre-seed funding. Vireo Ventures led the round, with participation from Italian Founders Fund and angel investors...

May 25, 2026

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NTPC Green Energy’s Q4 Revenue Rises 47% YoY But Profit Slips

NTPC Green Energy reported revenue from operations of ₹9.13 billion (~$95.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 46.7% year-over-year (YoY) increase from ₹6.22 billion (~$65 million). The company’s total income rose...

May 25, 2026

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Australia Awards 7.8 GW of Renewable Energy Projects Under Tender 7

Australia’s Department of Climate Change, Energy, the Environment, and Water (DCCEEW) has awarded 19 renewable energy projects under Tender 7 of the Capacity Investment program, with a combined capacity of 7.8 GW, exceeding the tendered 5 GW cap....

May 25, 2026

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SpaceX to Build 10 GW Solar Manufacturing Facility in Texas

Aerospace company SpaceX has announced that it will build a 10 GW solar manufacturing facility in Bastrop County near Austin, Texas, as part of its aims to launch AI data centers in Earth’s orbit. According to the company’s filings submitted to...

May 25, 2026

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Daily News Wrap-Up: India’s Solar Manufacturing Faces a Growing Skills Gap

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of skilled workforce, according to industry leaders. The widening skills gap has...

May 25, 2026

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