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Underbidding in Battery Energy Storage Auctions Raises Questions Over Project Viability

In recent standalone battery energy storage system (BESS) auctions, several companies have won projects at tariffs below the levelized cost of storage (LCOS), signaling an increasingly aggressive bidding environment. At such low t...

January 30, 2026

Mercom Research Focus

BEE’s New Building Code Could Boost Solar Adoption in Commercial Buildings

A new building code rolled out by the Bureau of Energy Efficiency (BEE) to improve energy efficiency in commercial buildings and office spaces could drive renewable energy adoption, provided states incorporate it into local buildi...

January 29, 2026

Energy Storage

CEA Highlights Pumped Storage as Base Load to Address Peak Power Demand

India’s total installed pumped storage project (PSP) capacity is expected to reach approximately 87 GW by 2033-34, according to the Central Electricity Authority’s (CEA) Roadmap to 100 GW of Hydro Pumped Storage Projects by 2035-3...

January 29, 2026

Energy Storage

Dispatchable Power Key to Support Industrialization: Economic Survey

India must approach the coming decade not as a climate policy problem in isolation, but as a broader energy system strategy that sequences the transition in line with growth, security, and institutional preparedness, according to ...

January 29, 2026

Latest News

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Max Healthcare Signs 4 MW Solar Power Purchase Agreement with Sunsure

Delhi-based hospital chain Max Healthcare has signed a long-term power purchase agreement (PPA) with renewable energy solutions provider Sunsure Energy to procure 4 MW of power from the latter’s 15 MW solar project in Chitrakoot, Uttar Pradesh. The...

January 30, 2026

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Stäubli Invests $10 Million to Scale Solar Connector Production in Bengaluru

Stäubli, an industrial and mechatronics solutions provider, has announced a $10 million expansion of its manufacturing facility in Bengaluru, Karnataka. The expanded facility will house assembly lines for manufacturing connectors that link solar...

January 30, 2026

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Rajasthan Regulator Proposes Demand Flexibility/Management Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has issued the draft Rajasthan Electricity Regulatory Commission (Demand Flexibility/Demand Side Management) Regulations, 2026, proposing a comprehensive regulatory framework to integrate...

January 30, 2026

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CEA Flags Non-Standard Transformer Ratings in State Utility Tenders

The Central Electricity Authority (CEA) has directed all state power utilities to strictly follow the ratings prescribed by it while floating tenders for transformers with a minimum voltage class of 66 kV. In a letter to 61 state power utilities and...

January 30, 2026

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NTPC Green Energy Sees 29% Revenue Growth, Sharp PAT Decline in Q3

NTPC Green Energy’s (NGEL) revenue rose 29.3% to ₹6.53 billion (~$71 million) in the third quarter of the financial year (FY) 2026, from ₹5.05 billion (~$54.9 million) a year ago. Profit after tax (PAT) stood at ₹173 million (~$1.88 million), a 73....

January 30, 2026

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Solarworld’s Q3 FY 2026 Revenue Jumps 184% on Strong EPC Execution

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported a revenue of ₹5.78 billion (~$62.88 million) for the third quarter (Q3) of the financial year (FY) 2026, up 184% year-over-year (YoY) from ₹2.04 billion (~$22.19...

January 30, 2026

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Luminous Enters Li-ion Battery Manufacturing with 500 MWh Assembly Line

Gurgaon-based energy solutions provider Luminous Power Technologies has inaugurated its first lithium-ion (Li-ion) battery assembly line at Baddi in Himachal Pradesh. The automated assembly line has an annual capacity of 500 MWh and can manufacture...

January 30, 2026

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China’s Installed Energy Storage Capacity Reached 213.3 GW in 2025

China’s total installed energy storage capacity reached 213.3 GW, increasing 54% year-over-year (YoY), according to preliminary data from the China Energy Storage Alliance (CNESA). The country has achieved its energy storage installation target two...

January 30, 2026

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Fraunhofer Launches 3 kV String Inverters for Medium-Voltage Solar

Germany’s Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) has launched the “PVgoesMV” project to demonstrate the world’s first medium-voltage solar projects using 3 kV string inverters, positioning the initiative as a response to...

January 30, 2026

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