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Shorter Battery Storage PPAs Gain Favor, but Bankability Remains Key

As India’s energy storage market matures, battery energy storage developers say power purchase agreement (PPA) tenures need greater flexibility than the customary 20-25-year contracts used for solar and wind projects. Contract dur...

October 6, 2026

Mercom Research Focus

Success of Green Energy Corridor III Hinges on Timely Project Execution

The Green Energy Corridor Phase III (GEC III) program has the potential to create new opportunities for transmission equipment suppliers, EPC firms, battery storage providers, and grid technology companies as India develops infras...

October 5, 2026

Featured

Battery Storage Emerges as Peak Demand Management Tool for Maharashtra Businesses

Proposed restrictions on using banked renewable energy across time-of-day periods are strengthening interest in battery energy storage systems (BESS) among commercial and industrial (C&I) consumers in Maharashtra, particularly...

October 1, 2026

Energy Storage

Lithium Prices in China Drop Over 20% in September as Demand Weakens

Lithium carbonate futures on Chinese markets plunged more than 20% in September 2026 amid weakening demand and concerns over excess battery cell production capacity. Lithium carbonate prices fell 21.2% to $18,258.32/metric ton (MT...

October 5, 2026

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US Residential Solar Prices Rise 3% as Market Adjusts to Tax Credit Expiry

Rising utility rates strengthened the case for U.S. residential solar, while prepaid third-party ownership (TPO) financing improved affordability for price-sensitive customers after the federal residential solar tax credit expired at the end of 2025,...

October 6, 2026

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Daily News Wrap-Up: Green Energy Corridor III Faces Execution Test

The Green Energy Corridor Phase III (GEC III) program has the potential to create new opportunities for transmission equipment suppliers, EPC firms, battery storage providers, and grid technology companies as India develops infrastructure to...

October 6, 2026

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Sumitomo Corporation to Invest in Hero Group’s 500 MW Renewables Project

Japan-based Sumitomo Corporation will invest in a 500 MW solar and wind project with a co-located 200 MWh battery energy storage system in Bidar, Karnataka, being developed by Hero Future Energies (HFE), the renewable energy arm of the Hero Group....

October 6, 2026

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MPERC Rejects Capacity-Based Transmission Billing Plea for Renewables

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has rejected MP Power Transmission Company’s (MPPTCL) petition seeking approval to bill transmission charges to renewable energy-based long-term open access (LTOA) and medium-term open...

October 6, 2026

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Rezolv Energy Secures $637 Million for 1.3 GW Romania Solar Project

Rezolv Energy, an Actis-backed independent renewable energy producer, has signed a financing package of up to €561 million ($637 million) for its 1.3 GW Dama Solar project in western Romania. The financing will support the project as it moves into...

October 6, 2026

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Vardhman Textiles to Source 27 MW Power from Serentica’s Wind-Solar Project

Textile manufacturer Vardhman Textiles has signed agreements to procure 27 MW of power from Serentica Renewables’ wind and solar projects for its facilities in Himachal Pradesh. The power will be supplied from a 40 MW wind energy project in...

October 6, 2026

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US Residential Solar-Storage Adoption Jumps to 37% in 2025

The share of new residential solar systems paired with battery storage systems in the U.S. increased to 37% in 2025 from 25% in 2024, according to a new Lawrence Berkeley National Laboratory report. California drove the increase, although storage...

October 6, 2026

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Businesses Gain Wider Access to Bank Financing for Renewable Energy Projects

Commercial and industrial (C&I) units investing in renewable energy projects have access to a growing range of bank financing options, including green loans with concessional interest rates, longer repayment periods, and collateral-free funding...

October 5, 2026

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Alight Acquires 2 GW Solar Portfolio in Sweden from Soltech Energy

Nordic solar developer and independent power producer Alight has acquired 40 large-scale solar projects in southern Sweden from Soltech Energy Solutions, a subsidiary of Soltech Energy Sweden. The portfolio has approximately 2 GW of planned solar...

October 5, 2026

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