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Mercom Calls for 1,000 GW 10-Year Solar Roadmap to Support India’s Energy Transition

India must set enhanced solar energy targets to provide long-term demand visibility for manufacturers, developers, investors, and financiers, and to support infrastructure development, transmission rollout, and resource planning, ...

July 2, 2026

Finance and M&A

Manufacturing, Storage Draw Capital as Clean Energy Financing Matures

India’s clean energy financing landscape has expanded significantly over the past decade, but investors are becoming more selective as the market matures, with capital shifting toward manufacturing, grid infrastructure, batt...

July 3, 2026

Market & Policy

How Industrial Decarbonization Can Power the Future of Clean Energy Growth

India’s decentralized energy market is emerging as a major driver of clean power demand supported by open-access policies, growing commercial and industrial (C&I) demand, and new business models that make renewable energy adop...

July 3, 2026

Grid

Clean Energy Expansion Spurs Transmission Manufacturing Demand

A panel of experts at the Mercom India Renewables Summit 2026 highlighted the availability of growing opportunities for domestic players to step up manufacturing of power transmission equipment with the rapid buildout of renewable...

July 3, 2026

Latest News

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Andhra Regulator Approves 2,000 MWh Battery Storage Procurement

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the tripartite battery energy storage purchase agreements signed between state distribution companies, APTRANSCO, and seven battery energy storage system (BESS) developers to...

July 6, 2026

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Gujarat Hikes Compensation for Land Acquired for Power Transmission Towers

The Gujarat government has announced a new compensation policy under which farmers will be paid twice the prevailing market value of their land acquired for erecting power transmission towers and power lines. The new policy replaces the circle...

July 6, 2026

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Delhi to Allow Only Electric Two-Wheeler Registrations from April 2028

The Delhi government has notified the Electric Vehicles Policy, 2026, introducing phased purchase incentives, scrapping benefits, exemptions from road tax and registration fees, and mandatory electrification timelines for key vehicle segments. The...

July 6, 2026

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Clean energy helped cut fossil fuel costs by $480 billion in 2025: IRENA

Installed renewable energy sources helped curb fossil fuel costs by an estimated $480 billion in 2025 as the cost advantage between clean energy and conventional sources of energy continues to widen, according to the International Renewable Energy...

July 6, 2026

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Daily News Wrap-Up: Industrial Decarbonization Drives Clean Energy

India’s decentralized energy market is emerging as a major driver of clean power demand, supported by open-access policies, growing commercial and industrial (C&I) demand, and new business models that make renewable energy adoption easier for...

July 6, 2026

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Madhya Pradesh Tenders 1.25 GWh Battery Energy Storage Projects

The M.P. Power Management Company (MPPMCL) has invited bids to set up 625 MW/1,250 MWh of standalone battery energy storage systems (2 units of 250 MW/500 MWh and 1 unit of 125 MW/250 MWh) under the Viability Gap Funding (VGF) program. The scope of...

July 6, 2026

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IEX Electricity Volume Rises 16% YoY to 37,534 MU in Q1 FY 2027

The Indian Energy Exchange (IEX) traded 37,534 million units (MU) of electricity in the first quarter (Q1) of the financial year (FY) 2027, a 15.9% year-over-year (YoY) increase. During the quarter, India’s energy consumption reached 485.4 billion...

July 3, 2026

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Royal Vopak Acquires Majority Stake in Green Energy Storage

Royal Vopak, a company that owns and operates infrastructure for the storage and handling of liquids and gases, has acquired a 79% stake in Green Energy Storage (GES) and taken a final investment decision for a 200 MW/800 MWh battery energy storage...

July 3, 2026

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Coal India Announces Winner of Auction for 20 MW Floating Solar Project

Coal India has announced the winners of its auction to develop a 20 MW floating solar project at Chilwa Taal in Gorakhpur, Uttar Pradesh. The tender was issued in December 2025. A joint venture of Northernexpress Infradevelopers and Rays Power Infra...

July 3, 2026

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Nesa Power Secures $9 Million Debt Funding from Maia Capital Partners

Nesa Power Group, a South Africa-based commercial and industrial renewable energy company, has secured R150 million (~$9 million) in mezzanine debt funding from Maia Capital Partners. Covington & Burling acted as legal counsel to Maia Capital...

July 3, 2026

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