Archive

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Higher Electricity Sales Drive Adani Green’s Q2 Revenue Up 42% YoY

Adani Green Energy (AGEL) reported consolidated revenue from operations of ₹42.58 billion (~$449.08 million) in the second quarter (Q2) of the financial year (FY) 2027,...

October 22, 2026

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Arjun Joshi

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Finance and M&A

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Other
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CERC Allows Transmission Charge Waiver for 50 MW Wind-Solar Hybrid Project

The Central Electricity Regulatory Commission (CERC) has allowed a 50 MW wind-solar hybrid project to retain its eligibility for a 100% waiver of interstate transmission...

October 21, 2026

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Arjun Joshi

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Markets & Policy

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Solar

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Wind
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Haryana Government’s Pushback Puts Parallel Power Distribution in Spotlight

The Haryana government’s opposition to the state electricity regulator’s recent decision to grant a parallel distribution license to a private entity has stoked the...

October 21, 2026

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B.S. Nagaraj

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Grid

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Market & Policy

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Mercom Research Focus
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IREDA’s Q2 Revenue Rises 14% on Sustained Renewable Energy Financing

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹23.45 billion (~$247.33million) in the second quarter...

October 21, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Rajasthan Regulator Orders Settlement of Solar Developer’s DSM Dues

The Rajasthan Electricity Regulatory Commission (RERC) has directed the Rajasthan State Load Despatch Centre (SLDC) to reconcile and facilitate payment of outstanding...

October 21, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Transrail Lighting to Acquire 49% Stake in 990 MW Solar Portfolio

Power transmission-focused engineering, procurement, and construction (EPC) company Transrail Lighting is acquiring a 49% equity stake in NOPL Pace Green Energy, which...

October 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Telangana Regulator Rules Grid Support Charges Must Be Capacity-Based

The Telangana Electricity Regulatory Commission (TGERC) has clarified that grid support charges (GSC) for co-located captive power projects (CPPs) must be calculated on...

October 21, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Waaree Renewable Technologies’ Q2 Revenue Up 36% but Profit Drops

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported consolidated revenue from operations of ₹10.58...

October 21, 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: US Solar Duties Threaten India’s Solar Exports

The U.S. Department of Commerce’s imposition of antidumping and countervailing duties on Indian solar cells could significantly affect India’s solar exports. The...

October 21, 2026

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Epyr Raises $17 Million in Series A Round

From: Mercom Capital Group France-based thermal energy storage provider Epyr has raised €15 million (~$17 million) in an oversubscribed Series A round led by SlateVC to...

October 21, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: energyRe Secures $815 Million

From: Mercom Capital Group energyRe, a solar, wind, and energy storage project developer, has secured $815 million in financing for five utility-scale solar projects...

October 21, 2026

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Staff

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Finance and M&A

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Other
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India’s Renewable Energy Expansion Hits a Transmission Roadblock

India’s transmission infrastructure comprised approximately 509,603 circuit kilometers (ckm) of transmission lines and 1,478 gigavolt-amperes (GVA) of transformation...

October 21, 2026

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Arjun Joshi

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Grid

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Market & Policy

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Mercom Research Focus
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TOPCon Accounts for Over 50% of India’s Operational Solar Cell Capacity

Tunnel oxide passivated contact (TOPCon) technology accounted for 51.6% of India’s operational solar cell manufacturing capacity, according to Mercom India’s PV...

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SolarEra Plans 5 GWh Battery Storage Manufacturing Facility in Pune

Pune-based engineering, procurement and construction services company SolarEra Green Renewables has announced plans to establish a 5 GWh annual capacity battery energy...

October 19, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Haryana Regulator Grants Parallel Power Distribution License for Gurugram, Nuh

The Haryana Electricity Regulatory Commission (HERC) has granted a parallel distribution license to operate in the Gurugram and Nuh districts of Haryana, providing...

October 19, 2026

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Melvin Mathew

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Market & Policy

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T&D

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