Breaking
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SECI Unveils Winners of 1 GW Firm and Dispatchable Renewable Energy Auction

The Solar Energy Corporation of India (SECI) has announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) power from interstate transmission system (ISTS)-connected r...

August 7, 2026

Mercom Research Focus

Solar Tender and Auction Activity Declines in Q2 2026

Government agencies issued tenders for approximately 5.4 GW of solar capacity in the second quarter (Q2) of 2026, down 5.7% from 5.7 GW in the previous quarter and 21.5% lower than 6.8 GW in the same quarter last year. The decline...

August 4, 2026

Manufacturing

US Imposes 15% Tariff on Polysilicon Derivatives, Sets Solar Import Prices

The U.S. has announced a 15% additional tariff on certain polysilicon products and set minimum import prices for polysilicon, wafers, and solar cells and modules, effective December 4, 2026, regardless of the country of origin. Pr...

August 7, 2026

Floating Solar

NTPC SAIL Announces Winner of 20 MW Floating Solar Auction

NTPC SAIL Power Company (NSPCL), a joint venture of NTPC and Steel Authority of India (SAIL), has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 20 MW floating solar project in Ch...

August 5, 2026

Latest News

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Surge in Cell, Module Production Boosts Premier Energies’ Q1 Revenue by 35%

Solar module and cell manufacturer Premier Energies has reported a revenue of ₹24.63 billion (~$258.6 million) in the first quarter (Q1) of the financial year (FY) 2027, rising 35.25% year-over year (YoY) from ₹18.21 billion (~$191.18 million)....

August 7, 2026

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Enpal Sells Majority Stake in Subsidiaries for $75 Million

Enpal, a solar PV and battery leasing solutions company, is selling a majority stake in several of its subsidiaries that hold a portfolio of residential energy systems to an investor consortium. The consortium comprises Equitix Investment Management,...

August 7, 2026

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China Targets 3.5 TW of Renewable Energy Capacity by 2030

China has set a target to increase its total renewable energy generation capacity to around 3.5 TW by 2030 under its Renewable Energy Development Plan for the 15th Five-Year Plan period, according to the National Energy Administration (NEA). Annual...

August 7, 2026

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Navgrun Plans 1.2 GW TOPCon Solar Wafer and Cell Manufacturing Facility

Solar solutions company Navgrun has announced its plans to establish 1.2 GW of annual manufacturing capacity for TOPCon G12R solar wafers and cells. The planned facility will manufacture solar wafers, cells, modules, and building-integrated...

August 7, 2026

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Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY) increase from $15.24 million. The growth was driven by a 207% increase in its...

August 7, 2026

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Vikram Solar’s Q1 Revenue Up 38% YoY, Profit Hit by Higher Costs of Goods

Solar module manufacturer Vikram Solar reported consolidated revenue from operations of ₹15.63 billion (~$164.2 million) in the first quarter (Q1) of the financial year (FY) 2027, a 38% year-over-year (YoY) increase from ₹11.34 billion (~$119.1...

August 7, 2026

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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY) from $602.5 million. The revenue missed analysts’ estimates by $161.27 million....

August 7, 2026

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MNRE Eyes Faster Green Energy Corridor Phase III Rollout with PPP Model

The Ministry of New and Renewable Energy (MNRE) has structured the Green Energy Corridor (GEC) Phase III as a public-private partnership program under tariff-based competitive bidding, with private transmission service providers bearing construction...

August 7, 2026

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River Mobility Raises $120 Million in Series C Funding

Electric two-wheeler manufacturer River Mobility has raised $120 million (~₹11.4 billion) in a Series C funding round led by Elev8 Venture Partners and Claypond Capital. The funding round also saw participation from Singularity AMC, Anicut Capital,...

August 7, 2026

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