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Satellite-Ground Irradiance Gaps Raise Risks for Solar Projects in India

India’s average solar irradiance ranges from 3.5 kWh/m²/day to 5.5 kWh/m²/day. Differences between satellite-derived irradiance estimates and actual ground conditions can create uncertainty in generation forecasts and financial mo...

September 21, 2026

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MNRE’s West Asia Advisory Offers More Time, but Developers Say Relief May Fall Short

The Ministry of New and Renewable Energy’s (MNRE) recent advisory for renewable energy projects offers some relief to developers grappling with equipment supply, logistics, and construction disruptions arising from the prolonged W...

September 18, 2026

Mercom Research Focus

Battery Storage Projects May Gain from Rule Change on Charging, Discharging

Battery energy storage system (BESS) developers with existing connectivity can increase the storage duration of their projects without seeking additional grid connectivity capacity under a new procedure issued by the Central Trans...

September 21, 2026

Mercom Research Focus

Solar Module Microcracks Raise Performance, Warranty Risks

In its 2026 PV Module Reliability Scorecard, solar testing lab Kiwa PVEL reported that 87% of the manufacturers it tested had at least one module fail a reliability test. Mechanical breakage was among the two biggest problem areas...

September 17, 2026

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MAHAPREIT Invites Bids for 2 MW Solar Projects in Goa

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids to develop approximately 2 MW of grid-connected flexible solar projects in Goa. The tender comprises a 700 kW project at the Kadamba Bus Stand, a 600 kW...

September 21, 2026

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RECPDCL Announces Winner of 400 kV Renewable Transmission Auction

REC Power Development and Consultancy (RECPDCL) has announced the winner of the auction to develop and operate an intrastate electricity transmission system in Maharashtra to evacuate power from renewable energy projects. Dilip Buildcon, an...

September 21, 2026

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SECI Tenders 4 MW Rooftop Solar Projects at Central Agricultural University

The Solar Energy Corporation of India (SECI) has invited bids to set up 4,083.75 kW of grid-connected rooftop solar projects under the renewable energy service company model at the constituent colleges/institutions of the Central Agricultural...

September 21, 2026

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Daily News Wrap-Up: Energy Storage Costs Go Beyond Battery Prices

Battery energy storage system project costs in India vary widely depending on system configuration, storage duration, grid interconnection requirements, engineering, procurement and construction scope, and operating requirements. Battery packs...

September 21, 2026

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Power Ministry Approves Transmission Line to Integrate 3 GW Renewables

The Ministry of Power has authorized POWERGRID to lay an overhead transmission line for the integration of additional renewable energy potential at Davanagere and Bellary in Karnataka. The line is being laid under the ‘Transmission system...

September 21, 2026

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Branch Energy Raises $33 Million to Expand Distributed Battery Storage

Branch Energy, a distributed energy company that provides battery storage systems to commercial buildings, has raised $33 million in a Series B funding round led by Piva Capital and Clean Energy Ventures. Active Impact Investments and Whitecap...

September 21, 2026

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Lithium Argentina Closes $180 Million Strategic Investment from Ganfeng

Lithium Argentina, a producer of lithium carbonate for lithium-ion batteries, has closed a $180 million strategic investment from Ganfeng Lithium Group through the issuance of a six-year unsecured convertible note. The note carries an annual coupon...

September 18, 2026

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Jupiter Power Secures $1.4 Billion for 1.5 GW Battery Storage Projects

Jupiter Power, a utility-scale energy storage project developer and operator, has closed $1.4 billion in financing across four transactions to support ten storage projects in Texas and Michigan. The utility-scale battery projects have a combined...

September 18, 2026

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