Archive

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AKME Fintrade Launches Platform for EV and Renewable Energy Financing

AKME Fintrade (India), a Reserve Bank of India-regulated non-banking financial company, has partnered with Finayo to launch AKME GreenX, a green finance platform...

July 28, 2026

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Melvin Mathew

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EV

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Finance and M&A

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Renewable Energy

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Solar
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ENGIE Achieves Financial Closure for 250 MW Khaba Solar Project

Energy solutions provider ENGIE India has secured approximately ₹9.82 billion (~$102.29 million) in financing for its 250 MW Khaba Solar Project in Barmer, Rajasthan....

July 28, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Terra Clean Floats Land Aggregation Tender for 350 MW Solar Project

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation, has invited bids to aggregate land for a 350 MW interstate transmission system (ISTS) connected...

July 28, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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AI Can Optimize Renewable Energy Systems Using Grid Data: Interview 

Artificial intelligence (AI) can help consumers design renewable energy systems, optimize energy assets, and improve operational efficiency using solutions tailored...

July 28, 2026

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Arjun Joshi

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Renewable Energy

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Technology
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Global Power Generation from Renewables to Grow by Over 8% in 2026: IEA

Global power generation from renewables is expected to grow by more than 8% in 2026, pushing its share in the electricity generation mix to 37% by 2027, up from 33% in...

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Daily News Wrap-Up: Solar’s Share in Renewables Rises to 56.4%

Solar continued to dominate India’s renewable energy landscape. Installed solar capacity reached 163.7 GW, accounting for 29.7% of the country’s total power capacity and...

July 28, 2026

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Mercom Staff

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Daily Wrap-up
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MahaGenco Issues Consultancy Tender for DPR of 2.2 GW Pumped Storage Projects

Mahagenco Renewable Energy (MahaGenco REL) has invited bids to prepare detailed project reports (DPR) for two pumped storage power projects with a combined capacity of 2,...

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Technology and Integration Will Define India’s Solar Manufacturing: Interview

As manufacturers invest in backward integration, advanced technologies, and exports, India’s solar manufacturing segment is entering a phase where competitiveness...

July 28, 2026

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Arjun Joshi

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Manufacturing

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Solar
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NextEra Energy’s Q2 Revenue Rises 12% as Large Load Demand Increases

U.S.-based power producer NextEra Energy reported operating revenue of $7.53 billion for the second quarter (Q2) of 2026, a 12.4% year-over-year (YoY) increase from $6.7...

July 28, 2026

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Arjun Joshi

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Finance and M&A

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Other
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IEX Revenue Rises 11% in Q1 FY 2027 as Power Trading Volume Grows

The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.58 billion (~$16.33 million) in the first quarter (Q1) of the financial year (FY) 2027, an 11.4%...

July 27, 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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Lebanon Invites EOIs for 350 MW Solar, 1,000 MWh Battery Storage Projects

The Lebanon Electricity Regulatory Authority (ERA) has invited expressions of interest (EOIs) for developing up to five grid-connected solar projects with a combined...

July 27, 2026

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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Canadian Solar Subsidiary Opens First Phase of 6 GW Solar Cell Plant

CS PowerTech, the U.S. manufacturing subsidiary of Canadian Solar, has inaugurated the first phase of its solar cell manufacturing facility in Jeffersonville, Indiana....

July 27, 2026

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Melvin Mathew

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Manufacturing

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Solar
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Bondada Acquires 60% Stake in Onix’s 225 MW Solar Project in Maharashtra

Bondada Engineering (BEL) has acquired a 60% equity stake in Onix IPP, which entitles the company to a controlling interest in a 225 MW solar power project in...

July 27, 2026

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Staff

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Finance and M&A

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Solar
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Grenergy Secures $114 Million for 618 MWh Battery Storage Project in Spain

Grenergy, a Spanish clean energy producer, has closed €100 million (~$117.7 million) in senior non-recourse financing, including credit facilities, for its 618 MWh...

July 27, 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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Greenvolt to Sell 57.47 MW Hungary Solar Project for $73 Million

Greenvolt Power, a developer of wind, solar, and battery energy storage projects, and part of the Greenvolt Group, has signed an agreement to sell a 57.47 MW solar...

July 27, 2026

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Renu

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Finance and M&A

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Solar

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