Archive

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Battery Storage, Hybrid Projects Dominate Renewable Auctions in Q3 2026

Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing,...

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Premier Energies’ Q2 Revenue Surges 43% Amid Capacity Expansion

Solar cell and module manufacturer Premier Energies reported a revenue of ₹26.32 billion (~$278.25 million) in the second quarter (Q2) of the financial year (FY) 2027, a...

November 5, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: India’s Q3 Solar Generation Rises Nearly 49%

India generated approximately 56.9 billion units of solar electricity in the third quarter (Q3) of 2026, up 48.6% year-over-year (YoY) from 38.3 billion units (BU),...

November 5, 2026

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Mercom Staff

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Daily Wrap-up
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Energy Management Software Can Improve Battery Storage Economics: Interview

India’s growing renewable energy capacity is creating opportunities for battery energy storage systems (BESS), particularly as developers and consumers seek to manage...

November 5, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Flux Power’s Q1 Revenue Drops 49% on Higher Interest Rates and Fuel Prices

Lithium-ion energy storage solutions provider Flux Power reported revenue of $6.76 million in the first quarter (Q1) of fiscal year (FY) 2027, down 48.7% year-over-year...

November 5, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Over 16% of New US Utility-Scale Solar Co-Located with Battery Storage in 2026

More than 16% of the utility-scale solar capacity added in the U.S. through September 2026 was co-located with operational battery energy storage systems, compared to...

November 5, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Higher Surcharge Could Erode Savings for Telangana’s Open Access Consumers

The Telangana Electricity Regulatory Commission (TGERC) has increased the additional surcharge on eligible open access consumers from ₹0.13 (~$0.00137)/kWh to ₹0.82 (~$0....

November 5, 2026

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Arjun Joshi

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Mercom Research Focus

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Open Access

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Other
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Government Approves ₹28 Billion Program for Lithium and Nickel Processing

The Union Cabinet has approved a ₹28.14 billion (~$297.06 million) capital expenditure (CAPEX) support program to promote domestic processing of lithium, nickel and...

November 4, 2026

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Melvin Mathew

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Energy Storage

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EV

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Markets & Policy
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Cabinet Approves ₹145 Billion Viability Gap Funding for 92 GWh Energy Storage

The Union Cabinet has approved a ₹145 billion (~$1.53 billion) viability gap funding (VGF) program to support the development of 92 GWh of grid-scale energy storage...

November 4, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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CERC Rules 81% Wind Share Does Not Exempt Project from Hybrid DSM Regulations

The Central Electricity Regulatory Commission (CERC) has rejected a petition seeking to classify a 160 MW blended wind and solar power project in Karnataka as a wind...

November 4, 2026

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Arjun Joshi

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Market & Policy

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Wind
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Month in a Minute: Top Headlines from the Indian Renewable Sector in October 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW,...

November 4, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Türkiye Awards 785 MW of Solar Capacity in YEKA Auction

Türkiye’s Ministry of Energy and Natural Resources has awarded 785 MW of solar capacity across 11 projects under the Yenilenebilir Enerji Kaynak Alanları (YEKA GES) 2026...

November 4, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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CleanMax Q2 Profit Surges 82% YoY as Renewable Portfolio Expands

Clean energy solutions provider Clean Max Enviro Energy Solutions reported revenue from operations of ₹7.28 billion (~$80.08 million) in the second quarter (Q2) of the...

November 4, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Solar Tendering Surges 61% in Q3 2026

Government agencies stepped up solar tendering activity in the third quarter (Q3) of 2026, reversing the previous quarter’s slowdown. Tendering increased 61%...

November 4, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Neoen Secures $1.3 Billion Financing

From: Mercom Capital Group Neoen, an independent renewable energy producer that develops, finances, builds, and operates large-scale solar, wind, and battery storage...

November 4, 2026

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Staff

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Finance and M&A

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Other

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