India’s Department for Promotion of Industry and Internal Trade (DPIIT) has issued a standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals requiring government approval. The SOP identifies eligible sectors...

The Konkan Railway Corporation (KRCL) has invited bids for the supply, installation, testing, and commissioning of a 5 MW solar power project at Murdeshwar in Karnataka. The power produced by the project will be supplied to the Murdeshwar substation...

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the increasing competitiveness of the industry, according to Mercom India’s latest...

In 2025, inverter shipments to solar projects in India increased 40.8% compared to 2024, driven by record installations and a strong project pipeline targeted for commissioning in the first half of 2026, ahead of the phased reduction in interstate...

From: Mercom Capital Group Matrix Renewables, an independent power producer, has secured £245 million (~$332 million) in non-recourse financing. The funding package was structured as an underwritten project finance facility, provided by CIBC (London...

From: Mercom Capital Group Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H shares in Hong Kong on April 30, 2026, raising HK$39.12...

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $751.1 million in the first quarter (Q1) of the financial year (FY) 2026, a 130.4% year-over-year (YoY) increase from $326 million. Revenue exceeded analyst estimates of $529...

The Central Electricity Regulatory Commission (CERC) has approved the deviations sought by Madhya Pradesh Power Management Company (MPPMCL) and Uttar Pradesh Power Corporation (UPPCL) from the standard bidding guidelines for the procurement of 500...