Mercom Research Focus
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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

Mercom Research Focus

India’s Solar Power Generation Rises 45.9% YoY to 62.8 BU in Q2 2026

India generated approximately 62.8 billion units (BU) of solar power in Q2 2026, increasing 45.9% year-over-year (YoY) from 43 BU in Q2 2025, according to the Central Electricity Authority (CEA). Solar generation rose 20.2% quart...

August 10, 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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India’s Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030, according to the Ministry of New and Renewable Energy. Non-fossil fuel sources now...

August 10, 2026

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Chhattisgarh Invites Bids for 1,000 Off-Grid Solar Systems with Storage

The Chhattisgarh State Renewable Energy Development Agency (CREDA) has invited bids for the rate contract for approximately 1,000 off-grid solar systems with battery storage across the state. The estimated value of the tender is ₹1 billion (~$10.51...

August 10, 2026

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Daily News Wrap-Up: SECI Announces Winners of 1 GW FDRE-RTC Auction

The Solar Energy Corporation of India (SECI) 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-connected renewable energy projects...

August 10, 2026

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TBK India Expands Rooftop Solar Capacity After Strong Phase 1 Returns

For automotive component manufacturers, machining, assembly, testing, and other production processes require an uninterrupted, stable electricity supply. Rooftop solar allows such facilities to use available roof space to reduce grid electricity...

August 7, 2026

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Inox Wind’s Q1 FY 2027 Revenue Slips 1.5% YoY to ₹8.14 Billion

Wind energy solutions provider Inox Wind reported revenue from operations of ₹8.14 billion (~$85.5 million) in the first quarter (Q1) of the financial year (FY) 2027, down approximately 1.5% year-over-year (YoY) from ₹8.26 billion (~$86.8 million)....

August 7, 2026

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Gujarat Regulator Approves ₹4.87/kWh Tariff for 250 MW FDRE Procurement

The Gujarat Electricity Regulatory Commission (GERC) has adopted a tariff of ₹4.87 (~$0.0511)/kWh for the procurement of 250 MW of firm and dispatchable renewable energy (FDRE), integrated with energy storage systems. The Commission directed Torrent...

August 7, 2026

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Heelstone Acquires 188 MW Development-Stage Solar Project in Texas

Heelstone Renewable Energy, an independent power producer and a Qualitas Energy company, has acquired the development-stage Cypress Pointe Solar project in Texas. Located in Sabine County within the Southwest Power Pool market, the project has a...

August 7, 2026

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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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