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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

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

Mercom Research Focus

Solar Corporate Funding Jumps 56% YoY to $16.9 Billion in 1H 2026

Global solar companies raised $16.9 billion in corporate funding during the first half (1H) of 2026, a 56% year-over-year (YoY) increase from $10.8 billion in the corresponding period of 2025, according to Mercom Capital Group’s 1...

July 31, 2026

Energy Storage

Storage, Engineering, and Service Become Distributed Solar’s Growth Drivers

India’s distributed solar and energy storage markets are expanding, driven by time-of-day (ToD) tariffs, evolving rooftop regulations, backup power requirements, peak-shaving applications, and falling lithium-ion battery prices. I...

August 4, 2026

Latest News

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SolarEdge Returns to Profitability in Q2, Expects Weak Funding Environment in Q3

Israel-based solar inverter manufacturer SolarEdge reported revenue of $346.2 million in the second quarter (Q2) of 2026, a 19.6% year-over-year (YoY) increase from $289.4 million and surpassing analysts’ expectations by $5.08 million. The...

August 6, 2026

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Energy Storage Can Turn Curtailed Solar into Reliable Power: Interview

Rising renewable energy penetration, rapid capacity additions, and evolving regulatory environment are making energy storage an essential part of India’s power system.. In the first quarter of 2026, the country added 4.6 GWh of battery energy...

August 6, 2026

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Daily News Wrap-Up: SECI Issues Tender for Geothermal Assessment

The Solar Energy Corporation of India (SECI) invited expressions of interest for geothermal resource assessment and development in the union territory of Andaman & Nicobar Islands. The last date to submit bids is September 18, 2026. The...

August 6, 2026

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New Research Improves Day-Ahead Solar Forecasting Accuracy by 13%

Researchers at North Carolina State University have demonstrated techniques that improved day-ahead solar power forecasting by up to 13% compared with the most consistently performing individual model. The findings were published in the Journal of...

August 5, 2026

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Maharashtra Regulator Approves Tariffs to Procure 2.27 GW of Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company’s (MSEDCL) petition seeking adoption of tariffs discovered for the long-term procurement of 2.27 GW of solar power under the...

August 5, 2026

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Deep Tech Energy Startup Adiabatic Technologies Raises ₹83 Million

Deep Tech energy startup Adiabatic Technologies has raised ₹83 million (~$872,517) in a seed funding round led by Malpani Ventures and Avinya Ventures. Other investors who participated in the fundraise were Appreciate Capital, DeVC, Operators Studio...

August 5, 2026

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Domestic Solar Components Need Quality Standards and Policy Support: Interview

India has rapidly expanded domestic solar module manufacturing, while investments in cells, ingots, and wafers continue to gather pace. However, achieving a truly self-reliant manufacturing ecosystem will also require domestic production of...

August 5, 2026

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SECI Invites EoIs for Geothermal Projects in Andaman & Nicobar

The Solar Energy Corporation of India (SECI) has invited expressions of interest (EoIs) for geothermal resource assessment and development in the union territory of Andaman & Nicobar islands. The last date to submit bids is September 18, 2026....

August 5, 2026

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Transformers, Grid Equipment Manufacturing Need Solar-Like Policy Push: Interview

India’s renewable energy capacity is expanding faster than the transmission infrastructure needed to evacuate it, driving demand for transformers, substations, and other critical grid equipment. Transformer manufacturers are under pressure to...

August 5, 2026

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