Mercom Research Focus
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Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing, and rooftop solar projects in the first half (1H) of 2026, ac...

August 11, 2026

Mercom Research Focus

Energy Storage Firms Secure $8.9 Billion in Corporate Funding in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across 55 deals in 1H 2025, according to Mercom Capital Group’s 1H ...

August 10, 2026

Grid

Uttar Pradesh Regulator Admits Data Center Power Distribution License Plea

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has admitted a petition seeking a parallel electricity distribution license for a data center park in Noida. Adani Energy Solutions Step Eleven (AESSEL) and Adani Energy ...

August 11, 2026

Markets & Policy

Andhra Pradesh Allows Consumers to Install Up to 5 kW Rooftop Solar Systems

The Andhra Pradesh Electricity Regulatory Commission (APERC) has allowed consumers with single-phase low-tension (LT) connections to install rooftop solar systems of up to 5 kW. Under the APERC Grid Interactive Solar Rooftop Photo...

August 11, 2026

Latest News

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Bihar Draft Grid Code Proposes Primary Frequency Response for Renewables

The Bihar Electricity Regulatory Commission (BERC) has proposed that wind and solar projects with battery energy storage systems (BESS), with capacities above 10 MW and connected at 33 kV or higher, must be capable of increasing their output to at...

August 11, 2026

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Dilip Buildcon to Sell Stakes in Under-Construction Solar, Transmission Projects

Engineering, procurement and construction company Dilip Buildcon’s board of directors has approved the divestment of its stakes in an under-construction solar project in Madhya Pradesh and a power transmission project in Karnataka to Alpha...

August 11, 2026

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European Energy Secures $78 Million for UK Solar and Battery Project

European Energy,  a renewable energy project developer, has secured £58.1 million (~$78.5 million) in construction financing for its Indian Queens hybrid renewable energy project in Cornwall, U.K. The project comprises a 68 MW solar park and a 47.5...

August 11, 2026

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CIP Secures $510 Million for Solar Plus Storage Project in Mexico

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached financial close for the La Esperanza Solar project in Mexico. Located in Campeche, Mexico’s Yucatán Peninsula, the project will comprise 420 MW of solar...

August 11, 2026

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Lloyds Metals to Procure 66 MW of Wind, Solar Power from Gentari

Metals and mining company Lloyds Metals will invest up to ₹480.2 million (~$4.80 million) in three Gentari India (formerly Amplus Energy) special purpose vehicles (SPVs) to source 48 MW of wind and 17.59 MW of solar power for captive consumption....

August 11, 2026

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Pune Manufacturer Eyes ₹12 Million/Year Power Savings with Rooftop Solar

Automotive component manufacturers depend on a reliable and uninterrupted supply of electricity to ensure continuous production at their factories. Rooftop solar systems can help these facilities utilize available roof space to reduce grid power...

August 11, 2026

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Naked Energy Raises $12 Million to Expand Solar Thermal Manufacturing

Naked Energy, a solar thermal solutions provider, has secured a combined £8.9 million (~$12 million) investment from Great British Energy and Barclays Climate Ventures to establish a manufacturing facility in the U.K. Great British Energy is...

August 11, 2026

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Websol Energy’s Q1 FY 2027 Profit Rises 16% YoY on Higher Production

Solar cell and module manufacturer Websol Energy System reported revenue from operations of ₹3.73 billion (~$39.11 million) in the first quarter (Q1) of the financial year (FY) 2027, up 70% year-over-year (YoY) from ₹2.19 billion (~$22.96 million)....

August 11, 2026

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