Archive

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Powertrac Invests ₹6 Billion on 1 GWh Containerized BESS Facility

Ahmedabad-based renewable energy solutions provider Powertrac Group has invested ₹6 billion (~$66.17 million) to set up a 1,000 MWh per annum containerized battery...

February 16, 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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MNRE Expands Solar Cell Manufacturing Capacity Under ALMM to 26,477 MW

The Ministry of New and Renewable Energy (MNRE) has issued the fifth revised list of the Approved List of Models and Manufacturers (ALMM List-II) for solar cells, adding...

February 16, 2026

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Melvin Mathew

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Manufacturing

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Solar
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Cosmic PV Power Adds 1.6 GW Solar Module Manufacturing Line in Gujarat

Module manufacturer Cosmic PV Power has commissioned an additional 1.6 GW TOPCon G12R solar module line at its Surat, Gujarat facility, bringing its total manufacturing...

February 16, 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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Uttarakhand Invites Bids for 250 MWh Standalone BESS Projects

Uttarakhand Power Corporation (UPCL) has floated tenders to set up standalone battery energy storage systems (BESS) with a cumulative capacity of 100 MW/250 MWh. The...

February 16, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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Punjab Floats Tender to Procure 1 GW of Solar Power

The Punjab State Power Corporation (PSPCL) has issued a tender to procure 1,000 MW of power from solar projects with capacities ranging from 1 MW to 5 MW, located...

February 16, 2026

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Meghana Prasad

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Solar

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Tenders & Auctions
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Coal India Steps Up Solar Spending, Exceeds Target for FY 2026

Coal India has stepped up its renewable energy investments, incurring a capital expenditure (CAPEX) of ₹9.61 billion (~$106.11 million) on solar projects in the ongoing...

February 16, 2026

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B.S. Nagaraj

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Finance and M&A

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Solar
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Vayona to Supply 65 MW of Wind Turbines to Oyster Renewable

Wind turbine manufacturer Vayona Energy has signed an agreement with independent power producer Oyster Renewable Energy to supply 64.8 MW of its 18 SG 3.6-145 wind...

February 16, 2026

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Parth Shukla

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Press Releases

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Wind
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APTEL Dismisses IEX’s Appeal Against CERC’s Market Coupling Directions

The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal filed by the Indian Energy Exchange (IEX) against the Central Electricity Regulatory Commission’s...

February 16, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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NTPC-Indian Oil JV Tenders 215 MW Wind Project in Andhra Pradesh

NTPC Green Energy (NGEL) has invited bids to develop a 215 MW wind project for IndianOil NTPC Green Energy (INGEL), a 50:50 joint venture between NGEL and the Indian Oil...

February 16, 2026

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Parth Shukla

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Tenders and Auctions

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Wind
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Goa Floats Tender for 300 MW Solar with 900 MWh Storage Projects

Goa Energy Development Agency (GEDA) has invited bids to set up 300 MW of solar projects integrated with a 150 MW/900 MWh battery energy storage system (BESS). Bids must...

February 16, 2026

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Meghana Prasad

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Energy Storage

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Solar

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Tenders & Auctions
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NTPC Invites Bids for 12,000 MWh/Day Non-Solar Hour Power Procurement

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC, has invited bids to procure 12,000 MWh/day of power from generators or energy storage providers...

February 16, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Germany Awards 2.3 GW Solar Projects in Latest Auction

Germany’s Federal Agency (Bundesnetzagentur) has awarded 2,341 MW of solar projects in its latest 2,328 MW auction. These projects comprise ground-mounted solar projects...

February 16, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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REC Silicon Narrows Net Loss by 94% in Q4 2025 Despite Revenue Decline

Norway-based silicon materials manufacturer REC Silicon reported a net loss of $17.3 million in the fourth quarter (Q4) of 2025, narrowing 94.48% year-over-year (YoY)...

February 16, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: Hardi Hydro Wins 250 MW/500 MWh BESS Auction

Madhya Pradesh-based Hardi Hydro Energy won SJVN’s auction to set up 250 MW/500 MWh of standalone battery energy storage (BESS) systems at the 1,360 MW Panipat thermal...

February 16, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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China Export Rebate Cuts May Raise India Solar, BESS Prices

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for...

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