The Maharashtra Electricity Regulatory Commission (MERC) has adopted a weighted-average levelized tariff of ₹6.38 (~$0.066)/kWh for procuring 750 MW of round-the-clock (RTC) power from grid-connected renewable energy projects, complemented by power...

The Ministry of New and Renewable Energy (MNRE) approved the continuation of its Renewable Energy Research and Technology Development program from the financial year (FY) 2027 through FY 2031, with a total outlay of ₹4.37 billion (~$45.3 million)....

In the calendar year 2025, 119 GW of solar modules and over 9 GW of solar cell manufacturing capacity were added in the country, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. Buoyed by large utility-scale project...

From: Mercom Capital Group Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery storage project in Nottinghamshire, England. EIG and the National Wealth Fund...

Global markets for air conditioners have expanded rapidly in recent years. Annual AC unit shipments are now 25% higher than they were five years ago, driven largely by growth in emerging and developing economies, according to the International...

From: Mercom Capital Group PureSky Energy, a Denver-based developer, owner, and operator of community solar, commercial and industrial solar, and energy storage projects, has closed a $62 million upsizing of its corporate credit facility arranged by...

Oman’s Nama Power and Water Procurement Company invited bids to procure electricity from solar projects totaling 1,000 MW. The projects must be commissioned by the second quarter of 2030. The deadline for bid submissions is August 26, 2026. Bidders...

Global silver demand from the photovoltaic sector is expected to decline by 19% year-over-year (YoY) to 151 million ounces in 2026. According to the World Silver Survey 2026 published by the Silver Institute, the decline follows a 6% drop in 2025,...

Midwest Energy, the technology and clean energy arm of Hyderabad-based Midwest Business House, has commenced commercial production at its 1.2 GWh battery energy storage manufacturing facility in Bengaluru. The battery energy storage manufacturing...

Mahasamruddhi Renewable Energy (an SPV of Maharashtra State Road Development Corporation) has invited bids for the long-term supply of solar power via open access (third-party or group captive) from 115 MW solar power projects proposed along the...