LATEST HEADLINES
Enphase’s Q4 2025 Revenue Down on Softening US, Europe Demand
Feb 9, 2026
Fluence Energy’s Revenue Jumps 154% to $475.2 Million in Q1 FY2026
Feb 9, 2026
Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors
Feb 6, 2026
Uttar Pradesh Adopts ₹2.57/kWh Tariff for a 400 MW Solar Project in Rajasthan
Feb 6, 2026
Adani Energy Solutions Delivers 10 Million Smart Meters Across Five DISCOMs
Feb 6, 2026
Bid prices in the battery energy storage system (BESS) market are declining sharply, driven by viability gap funding (VGF) support and intense competition. While VGF has reduced upfront project costs, it has also spurred aggressiv...
February 9, 2026
Energy Storage
Industry Opines Budget 2026 Marks a Focus Shift to Stable RenewablesThe Union Budget 2026 has provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean energy ecosystem, with energy storage systems as the key pill...
February 6, 2026
Finance and M&A
PFC Acquires Majority Stake in REC, Board Greenlights MergerPower Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the Union Budget 2026–27 announcement proposing the restructuring of...
February 6, 2026
Mercom Research Focus
India’s Solar Power Generation Rises 22% YoY in 2025 on Project Commissioning SurgeSolar power generation in India rose nearly 22% year-over-year (YoY) to 164.5 billion units (BU) in 2025, up from 133.7 BU, according to data published by the Central Electricity Authority (CEA). Solar power generation growth in Q...
February 5, 2026
LATEST HEADLINES
Enphase’s Q4 2025 Revenue Down on Softening US, Europe Demand
Feb 9, 2026
Fluence Energy’s Revenue Jumps 154% to $475.2 Million in Q1 FY2026
Feb 9, 2026
Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors
Feb 6, 2026
Uttar Pradesh Adopts ₹2.57/kWh Tariff for a 400 MW Solar Project in Rajasthan
Feb 6, 2026
Adani Energy Solutions Delivers 10 Million Smart Meters Across Five DISCOMs
Feb 6, 2026
Trending News
February 6, 2026
February 3, 2026
Tender & Auctions
Himachal Pradesh Invites Bids for DPR of 3 MW Solar Plus 2 MW BESS Project
February 6, 2026
Mercom Insights
VGF, LCOS, and the Changing Economics of Battery Storage in India
February 3, 2026
February 2, 2026
Grid
Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors
February 6, 2026
February 5, 2026
Energy Storage
VGF, LCOS, and the Changing Economics of Battery Storage in India
February 5, 2026
Latest News
Microinverter and battery storage supplier Enphase Energy reported revenue of $343.32 million for the fourth quarter (Q4) of 2025, down 10.29% year-over-year (YoY) from $382.71 million. The revenue, however, in Q4 surpassed analysts’ expectations by...
February 9, 2026
Utility-scale energy storage firm Fluence Energy recorded revenue of $475.2 million, an increase of approximately 154.4% year-over-year (YoY), in the first quarter (Q1) of the financial year (FY) 2026. The company recorded a net loss of $62.6...
February 9, 2026
Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches through a combination of primary infusion and/or secondary purchase. Euler Motors is...
February 6, 2026
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a tariff of ₹2.57 (~$0.028)/kWh for procuring power from 400 MW of solar projects by Uttar Pradesh Power Corporation (UPPCL). The Commission also approved the Power Purchase...
February 6, 2026
Adani Energy Solutions (AESL) has delivered 10 million smart electricity meters to distribution companies (DISCOM), with another 10 million deliveries expected in the coming financial year. AESL said it completed the installation of these smart...
February 6, 2026
Wind turbine manufacturer Suzlon Group’s revenue rose 42.4% year-over-year (YoY) to ₹42.28 billion (~$467.44 million) in the third quarter (Q3) of the financial year (FY) 2026 from ₹29.69 billion (~$328.24 million). Earnings before interest, taxes,...
February 6, 2026
Himachal Pradesh State Electricity Board (HPSEBL) has invited bids to conduct a detailed survey and prepare a detailed project report (DPR) for a 3 MW ground-mounted solar project with a 2 MW/4 MWh battery energy storage system (BESS) in Dehra town,...
February 6, 2026
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