Archive

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European Energy Secures $270 Million for 225 MW Agri-PV Project

European Energy, a renewable energy project developer, has reached financial closure of €234.1 million (~$270 million) for a 225 MW agrivoltaic project in Vizzini,...

August 12, 2026

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Arjun Pradeep

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Finance and M&A

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Solar
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UltraTech Cement to Procure Solar Power from Waaree SPV’s 65 MW Project

UltraTech Cement, an Aditya Birla Group company, will procure solar power from a 65 MW project being developed by Waaree Forever Energies’ special purpose vehicle (SPV),...

August 12, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Yulu Raises $93 Million in Series C Funding, Eyes 200,000 EV Fleet

Electric mobility-as-a-service company Yulu has raised $93 million in a Series C funding round led by GEF Capital Partners. The funding comprises $63 million in equity...

August 12, 2026

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Rakesh Ranjan

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EV

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Finance and M&A
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Maharashtra Invites EOIs for 170 MW Floating Solar Project with Battery Storage

The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOIs) to develop a 170 MW AC floating solar project with a...

August 12, 2026

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Arjun Joshi

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Floating Solar

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Solar

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Tenders & Auctions
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Waaree Subsidiary Secures Medium Voltage Skids Order Worth ₹1.6 Billion

Waaree Transpower, the transformer solutions subsidiary of Waaree Energies, has secured an order worth approximately ₹1.6 billion (~$16 million) to supply 8.3 MVA...

August 12, 2026

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Parth Shukla

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Energy Storage

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Other
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DNHDDPCL Invites Bids to Empanel Agencies for 5 MW Rooftop Solar Program

DNH and DD Power Corporation (DNHDDPCL) has invited expressions of interest to empanel agencies to install 5,000 grid-connected rooftop solar systems in the Union...

August 12, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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MNRE to Continue Renewable Energy Skilling Program Until FY 2031

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Human Resource Development (HRD) Program in New and Renewable Energy from financial...

August 12, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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ACME Solar Refinances ₹21.5 Billion Debt to Redeem Offshore Dollar Bonds

Renewable energy company ACME Solar Holdings has completed the refinancing of ₹21.47 billion (~$225.01 million) of debt by redeeming existing non-convertible debentures...

August 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the...

August 12, 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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GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap...

August 12, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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India’s DCR Solar Push Is Creating a Cost and Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s...

August 12, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Storage-Backed Renewable Tenders Lead Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing,...

August 12, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Solar Landscape Secures $150 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based developer and operator of distributed solar and storage projects, has secured a development financing facility...

August 12, 2026

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Staff

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Finance and M&A

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Other
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Plug Power Q2 Revenue Beats Estimates, Expects Full Profitability in 2028

Hydrogen fuel cell solutions provider Plug Power reported revenue of $178.3 million in the second quarter (Q2) of 2026, an uptick of 2.5% year-over-year (YoY) from $173....

August 12, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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NVVN Invites EOIs to Procure 263 MW of Solar Open Access Power

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC, has invited expressions of interest (EoIs) to procure 263 MW of solar power from NTPC’s operational...

August 12, 2026

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Parth Shukla

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Solar

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Tenders & Auctions

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