Archive

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Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...

February 20, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Statiq Raises $18 Million to Expand EV Charging Network

Gurugram-based electric vehicle (EV) charging network operator Statiq has raised about ₹18 million through a mix of debt and equity. The funding round was led by...

February 20, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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NTPC Renewable Energy Commissions 165 MW at Khavda-II Solar Project

NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy (NGEL), has commissioned 165 MW capacity at the 1,200 MW Khavda-II Solar Project in Gujarat....

February 20, 2026

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Meghana Prasad

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Solar

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Utility Scale
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NIT Calicut to Save on Energy Bills with 1.2 MW Rooftop Solar Project

Educational institutions are among the many organizations increasingly adopting solar energy to meet their electricity demands, reduce electricity bills, and leave a...

February 20, 2026

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Parth Shukla

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C&I

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Rooftop

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Solar
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Vedanta Invites Bids for 25-40 MW Solar Projects at Thermal Plant in Chhattisgarh

Independent power producer Vedanta Power has invited expressions of interest from Indian and global engineering, procurement, and construction (EPC) contractors and...

February 20, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Supreme Court Raps Tamil Nadu Over Subsidized Electricity Promise

The Supreme Court has issued notices on a writ petition filed by the Tamil Nadu Power Distribution Corporation (TNPDCL) challenging Rule 23 of the Electricity...

February 20, 2026

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B.S. Nagaraj

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Market & Policy

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Other
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Goa Electricity Department Invites Bids for 5.1 MW Solar Project

The Electricity Department of Goa has invited bids for setting up a 5 MW ground-mounted solar power project and a 100 kW rooftop solar system at Goa Engineering College...

February 20, 2026

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Meghana Prasad

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Solar

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Tenders & Auctions
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Global Lithium-Ion Battery Market Surpassed $150 Billion in 2025: IEA

The global lithium-ion battery market exceeded $150 billion in 2025, up 20% from 2024, according to an International Energy Agency (IEA) report. The report noted that...

February 20, 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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Strong Domestic Policy Support, Scale May Moderate India Battery Storage Prices: Interview

Backed by a robust viability gap funding (VGF) program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Sponsored News
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APERC Issues Draft Amendments to Green Energy Open Access Rules

Andhra Pradesh Electricity Regulatory Commission (APERC) has issued the draft second amendment to the Andhra Pradesh Electricity Regulatory Commission (Green Energy Open...

February 20, 2026

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Parth Shukla

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Markets & Policy

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Solar

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Wind
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SolarEdge Narrows Loss in Q4 2025 on Enhanced Operational Performance

Israel-based solar inverter manufacturer SolarEdge reported revenue of $335.36 million in the fourth quarter (Q4) of 2025, an increase of 71% year-over-year  (YoY) from...

February 20, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India...

February 20, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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World Bank Provides $198 Million Guarantee for SBI’s Rooftop Solar Initiative

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

February 19, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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Andhra Pradesh to Remove Cap on Fuel, Power Cost Adjustment Pass-Through

The Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed removing the cap of ₹0.4 (~$0.0044)/kWh on the distribution licensee’s monthly...

February 19, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Madhya Pradesh Amends Open Access Rules, Clarifies Billing Mechanism

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has notified the Sixth Amendment to the MPERC (Terms and Conditions for Intra-State Open Access in Madhya...

February 19, 2026

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Meghana Prasad

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Markets & Policy

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Open Access

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Solar

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