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SECI Announces Winners of 1,500 MW/12,000 MWh of Pumped Storage Auction

Solar Energy Corporation of India (SECI) has announced the winners of its auction to set up 1,500 MW/12,000 MWh of pumped-storage projects (PSP) for on-demand usage under the PSP-I program. Greenko Energies secured 720 MW, quoting...

July 20, 2026

Markets & Policy

MNRE Extends ALMM Cell Exemption for Net Metering, Open Access Solar Projects

The Ministry of New and Renewable Energy (MNRE) has extended the exemption from the Approved List of Models and Manufacturers (ALMM) List II requirement for solar cells for net metering and open access renewable energy projects co...

July 18, 2026

Mercom Research Focus

India’s Energy Storage Pipeline Hits 25% of 2032 Requirement

India’s energy storage pipeline has crossed 110 GWh across the under-development and pre-construction stages, according to data from the Mercom India Renewable Energy Project Tracker. The pipeline includes battery energy st...

July 16, 2026

Markets & Policy

MNRE to Fund Pilot Line for Perovskite Photovoltaic Manufacturing

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of its Renewable Energy Research and Technology Development (RE-RTD) program from the financial year (FY) 2027 through FY 2031, with a total outlay of ₹...

July 21, 2026

Latest News

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Bihar Regulator Approves Generic Renewable Energy Tariffs for FY 2027

The Bihar Electricity Regulatory Commission (BERC) has approved the generic levelized tariffs for biomass, non-fossil fuel cogeneration, and waste-to-energy projects for the financial year (FY) 2026-27. The tariff for biomass gasifier projects has...

July 21, 2026

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Grid Software Solutions Provider Piq Energy Raises $5 Million in Funding

Piq Energy, a grid planning software company, has raised $5 million in an oversubscribed seed funding round led by Active Impact Investments. Cisco Foundation, Mobilize AI x Energy Ventures, New Climate Ventures, Ascent Energy Ventures, Umami...

July 21, 2026

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Sonnedix Acquires 260 MW Battery Storage Portfolio in Italy

Sonnedix, an independent solar power producer, has announced the acquisition of a 260 MW battery storage portfolio in Tuscania, Italy, from Sphera Energy. The portfolio comprises two adjacent standalone battery storage projects. One project has 160...

July 21, 2026

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Fidra Secures $312 Million Debt for West Burton Battery Project

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 will invest in the West Burton...

July 21, 2026

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POWERGRID Tenders 500 MW/1,000 MWh Battery Energy Storage Projects

Power Grid Corporation of India (POWERGRID) has invited bids under a long-term agreement (LTA) to develop 500 MW/1,000 MWh of standalone battery energy storage systems across India. The last date to submit bids is August 17. 2026. Bids will be...

July 21, 2026

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Kerala Regulator Approves DISCOM’s Revisions to 300 MW Peak Power Tender

The Kerala State Electricity Regulatory Commission (KSERC) has approved a Kerala State Electricity Board’s (KSEB) proposal to revise the bid evaluation methodology for an ongoing tender to procure 300 MW of peak power for five years. The...

July 21, 2026

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Germany’s Move to Cut Support for Small Solar Systems Triggers Criticism

Germany’s move to limit incentives to renewable energy projects has been criticized by the country’s solar industry, saying the proposed abolition of support for new, small solar systems from 2027 could put investments worth billions at risk. The...

July 21, 2026

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Daily News Wrap-Up: POWERGRID Tenders 1 GWh Battery Storage Projects

Power Grid Corporation of India (POWERGRID) invited bids for up to 250 MW/1,000 MWh of four-hour battery energy storage systems across India. The energy storage systems will have an operational period of up to 15 to 18 years. Bids must be submitted...

July 21, 2026

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US Starts Tariff Circumvention Probe into Solar Imports from Ethiopia

The U.S. has initiated an anti-circumvention inquiry to determine whether crystalline silicon solar cells and modules manufactured in Ethiopia and Vietnam using Chinese components are circumventing existing antidumping (AD) and countervailing duty...

July 21, 2026

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