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Maharashtra’s Storage Mandate Reshapes Rooftop Solar Economics

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly dependent on their ability to offset peak-hour tariffs rather ...

June 17, 2026

Energy Storage

NTPC REL Announces Winner of 250 MW Solar Plus 200 MWh Storage Auction

NTPC Renewable Energy (NTPC REL) has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 250 MW solar project with a 50 MW/200 MWh battery energy storage system (BESS) in Sitapur, Utta...

June 16, 2026

Mercom Research Focus

India Adds 4.6 GWh of Battery Energy Storage Capacity in Q1 2026

India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India Research’s Q1 2026 India’s Energy Storage Landscape Report. The c...

June 16, 2026

Mercom Research Focus

ALMM-II Mandate May Strain Cell Supply for Standalone Module Manufacturers

India’s solar manufacturing sector is bracing for short-term pressure in the cell supply chain, with the Ministry of New and Renewable Energy’s (MNRE) mandating that projects use solar cells from the Approved List of Models and Ma...

June 15, 2026

Latest News

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Tripura Tenders 47.5 MW Rooftop Solar Projects for Residential Consumers

Tripura State Electricity Corporation (TSECL) has invited bids to install 47.5 MW of grid-connected rooftop solar systems for residential consumers under the PM Surya Ghar: Muft Bijli Yojana program, in the Dhalai, Dharmanagar, and Unakoti...

June 17, 2026

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Rajasthan Directs DISCOMs to Honor ALMM-II Exemptions for PM Surya Ghar

Rajasthan’s Energy Department has directed the state’s distribution companies (DISCOMs) to process all PM Surya Ghar: Muft Bili Yojana applications under the ‘Give it up’ category in accordance with the exemptions announced by the...

June 17, 2026

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Andhra Pradesh Power Regulator Rules Intrastate Connectivity Project-Specific

The Andhra Pradesh Electricity Regulatory Commission (APERC) has clarified that connectivity granted under the intrastate transmission system (InSTS) is project-specific and cannot be treated as a freely transferable right. While the provisions of...

June 17, 2026

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Daily News Wrap-Up: India Adds 4.6 GWh Energy Storage Capacity in Q1 2026

India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India Research’s Q1 2026 India’s Energy Storage Landscape Report. The country’s cumulative...

June 17, 2026

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Project Finance Brief: Cypress Creek Secures $3.5 Billion

From: Mercom Capital Group Cypress Creek Energy, a solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases of the Steel River Energy Center, a three-phase solar and battery storage project in...

June 17, 2026

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Funding and M&A Roundup: Eclipse Raises $23 Million

From: Mercom Capital Group Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a Series A financing round to expand battery storage deployment across Europe....

June 17, 2026

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Tripura Invites Bids for 81.5 MW Residential Rooftop Solar Projects

Tripura State Electricity Corporation (TSECL) has invited bids to install 81.5 MW of grid-connected rooftop solar systems for residential consumers across Tripura under the PM Surya Ghar Muft Bijli Yojana. Bids must be submitted by July 14, 2026....

June 17, 2026

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Mumbai Mall to Save ₹217 Million Through Zero-Capex HVAC Retrofit

Commercial and industrial (C&I) consumers are increasingly looking beyond renewable energy procurement to reduce electricity costs, with energy efficiency upgrades emerging as another avenue to lower operating expenses. One such example is a...

June 16, 2026

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NTPC REL Issues EPC Tender for 1.2 GWh Battery Storage Project in Rajasthan

NTPC Renewable Energy (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy (NGEL), has issued an engineering, procurement, and construction (EPC) tender to set up a 300 MW/1,200 MWh interstate-transmission system (ISTS)-connected battery...

June 16, 2026

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