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India’s DCR Solar Push Is Creating a Cost and Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s solar industry. Higher module prices, constrained domestic cell...

August 12, 2026

Mercom Research Focus

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

Energy Storage

GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap funding from the power system development fund (Phase-IX). NLC I...

August 12, 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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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the financial year 2027, up 23.9% year-over-year (YoY) from ₹34.01 billion (~$357.12...

August 12, 2026

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Daily News Wrap-Up: Storage-Backed Renewable Tenders Lead 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 of 2026, according to Mercom...

August 12, 2026

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Project Finance Brief: Solar Landscape Secures $150 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based developer and operator of distributed solar and storage projects, has secured a development financing facility of up to $150 million from Copenhagen Infrastructure Partners to support its U.S....

August 12, 2026

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Plug Power Q2 Revenue Beats Estimates, Expects Full Profitability in 2028

Hydrogen fuel cell solutions provider Plug Power reported revenue of $178.3 million in the second quarter (Q2) of 2026, an uptick of 2.5% year-over-year (YoY) from $173.97 million. It beat analysts’ expectation of $168.76 million by 5.6%. Net loss...

August 12, 2026

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NVVN Invites EOIs to Procure 263 MW of Solar Open Access Power

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC, has invited expressions of interest (EoIs) to procure 263 MW of solar power from NTPC’s operational solar projects through open access by commercial and industrial consumers,...

August 12, 2026

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Funding and M&A Roundup: Ore Energy Raises $43 Million

From: Mercom Capital Group 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...

August 12, 2026

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MENA Weekly Round-Up: BYD Energy Wins 5.2 GW Solar, 19 GWh Storage Project

BYD Energy Storage secured a major contract from Masdar to supply battery energy storage systems for the round-the-clock (RTC) renewable energy project in Abu Dhabi. Jointly developed by Masdar and the Emirates Water and Electricity Company, the RTC...

August 12, 2026

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NTPC Mining Invites EoIs for 40 MW Solar Power Projects

NTPC Mining (NML) has invited expressions of interest (EoIs) to develop a cumulative capacity of 40 MW of ground-mounted solar power projects at two locations in Jharkhand and Chhattisgarh under the renewable energy service company (RESCO) mode. The...

August 11, 2026

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