Archive

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SBI Proposes Raising Loan Limits for Renewables Under Priority Sector Lending

The State Bank of India (SBI) has proposed that the limit for lending to renewable energy entities under priority sector lending should be increased from ₹350 million...

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Maharashtra Tenders 59 MW Floating Solar Plus 59 MWh Battery Storage Project

The Maharashtra Krishna Valley Development Corporation (MKVDC), Pune, has invited expressions of interest (EoIs) for the development of a 59 MW floating solar project...

July 8, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Skilling, R&D to Drive Solar Cell Manufacturing Growth

India’s solar cell manufacturing industry is entering a decisive phase as the domestic market adjusts to the implementation of the Approved List of Models and...

July 8, 2026

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Mercom Staff

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Daily Wrap-up
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POWERGRID Signs $493 Million Loan Agreement With JBIC

Power Grid Corporation of India (POWERGRID) has signed a loan agreement of up to ¥80 billion (~$493.5 million) with the Japan Bank for International Cooperation (JBIC)....

July 8, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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Project Finance Brief: Vena Energy Secures $965 Million Project Financing

From: Mercom Capital Group Vena Energy, an independent solar power producer, has secured approximately A$1.4 billion (~$965 million) in green financing facilities to...

July 8, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Eos Energy Secures $75 Million Equity Investment

From: Mercom Capital Group Eos Energy Enterprises, a zinc-based long-duration energy storage solutions provider, has announced a $75 million equity investment from...

July 8, 2026

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Staff

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Finance and M&A

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Other
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Maharashtra’s C&I Solar Market Shifts Toward Demand Matching

Maharashtra’s evolving renewable energy regulations have shifted the commercial and industrial (C&I) solar market from maximizing solar generation to...

July 8, 2026

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Arjun Joshi

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C&I

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Mercom Research Focus

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Solar
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Skilling, R&D, Cost Competitiveness Key to India’s Solar Cell Manufacturing Growth

India’s solar cell manufacturing industry is entering a decisive phase as the domestic market adjusts to the implementation of the Approved List of Models and...

July 7, 2026

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Melvin Mathew

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Manufacturing

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Solar
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APTEL Orders Fresh Tariff Review for 10 MW Rooftop Solar Project in Punjab

The Appellate Tribunal for Electricity (APTEL) has partly allowed a solar installer’s appeal against the Punjab State Electricity Regulatory Commission’s...

July 7, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Polysilicon Manufacturer United Solar Closes $50 Million Equity Investment

United Solar, a polysilicon manufacturer for the solar industry, has completed the financial close of a previously announced $50 million equity investment from the...

July 7, 2026

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Renu

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Solar
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CERC Allows Developer to Sell 100 MW of Infirm Solar Power Outside Agreement

The Central Electricity Regulatory Commission (CERC) has allowed a solar developer to continue injecting infirm power from the 100 MW solar component of its 600 MW...

July 7, 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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Eos Energy Secures $75 Million Equity Investment from Hudson Bay

Eos Energy Enterprises, a zinc-based long-duration energy storage solutions provider, has announced a $75 million equity investment from Hudson Bay Capital Management to...

July 7, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Solar Module Capacity Under ALMM Crosses 200 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 10,567 MW of solar module capacity. The...

July 7, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Grenergy Invites Bids for 1.5 TWh Hybrid Renewable Energy in Chile

Spanish clean energy producer Grenergy has invited bids through its subsidiary, GR Power, for the sale of 1.5 TWh of energy in Chile from its solar and battery storage...

July 7, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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TERI Floats Tender for 57.5 MW/115 MWh Battery Storage Systems in Delhi

The Energy and Resources Institute (TERI) has floated a tender to develop 57.5 MW/115 MWh of battery energy storage systems (BESS) across four 66/11 kV grid stations in...

July 7, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions

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