Archive

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Kerala Textile Firm Targets 50% Electricity Savings with Rooftop Solar

For textile businesses, electricity is a recurring operational expense. Rooftop solar installations can help such businesses reduce their dependence on grid electricity,...

November 5, 2026

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Arjun Joshi

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C&I

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Solar
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Sunraycer Renewables Acquires 325 MW of Solar Projects in the US

Sunraycer Renewables, an independent power producer and a portfolio company of Crayhill Capital Management, has acquired two utility-scale solar projects totaling 325 MW...

November 5, 2026

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Dibin DB

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Finance and M&A

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Solar
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Candi Solar and Pentagreen to Fund 400 MW Solar-Plus-Storage Projects

Clean energy company Candi Solar has announced a $50 million partnership with Pentagreen Capital to finance 400 MW of solar and battery energy storage projects in India....

November 5, 2026

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Nimisha Dwivedi

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Energy Storage

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Finance and M&A

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Solar
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Websol Posts 115% Jump in Q2 Revenue, Announces Foray into EPC Business

Solar cell and module manufacturer Websol Energy System reported a revenue from operations of ₹3.61 billion (~$38.16 million) in the second quarter (Q2) of the financial...

November 5, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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SOLV Energy Acquires Texas Battery Storage Contractor ASB Energy Services

SOLV Energy, a company that provides construction, operation, and maintenance services for large-scale solar and battery storage projects, has acquired Texas-based ASB...

November 5, 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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NHPC Invites Bids for Battery Storage Projects in Uttar Pradesh

NHPC has invited bids to set up battery energy storage systems and supply solar-plus-battery storage power at the Jalaun Solar Park in Uttar Pradesh. Developed by...

November 5, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Green Genius Raises $72.5 Million Through Green Bond Issue

Renewable energy project developer Green Genius has completed a €65 million (~$72.5 million) green bond issue to refinance existing subordinated construction loans. The...

November 5, 2026

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Renu

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Finance and M&A

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Solar
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ARRAY Technologies, Shoals Technologies Agree to Stock-for-Stock Merger

ARRAY Technologies, a provider of solar tracking technology and fixed-tilt products and foundation solutions, and Shoals Technologies Group, a provider of electrical...

November 5, 2026

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Renu

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Finance and M&A

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Solar
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Battery Storage, Hybrid Projects Dominate Renewable Auctions in Q3 2026

Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing,...

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Premier Energies’ Q2 Revenue Surges 43% Amid Capacity Expansion

Solar cell and module manufacturer Premier Energies reported a revenue of ₹26.32 billion (~$278.25 million) in the second quarter (Q2) of the financial year (FY) 2027, a...

November 5, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: India’s Q3 Solar Generation Rises Nearly 49%

India generated approximately 56.9 billion units of solar electricity in the third quarter (Q3) of 2026, up 48.6% year-over-year (YoY) from 38.3 billion units (BU),...

November 5, 2026

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Mercom Staff

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Daily Wrap-up
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Energy Management Software Can Improve Battery Storage Economics: Interview

India’s growing renewable energy capacity is creating opportunities for battery energy storage systems (BESS), particularly as developers and consumers seek to manage...

November 5, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Flux Power’s Q1 Revenue Drops 49% on Higher Interest Rates and Fuel Prices

Lithium-ion energy storage solutions provider Flux Power reported revenue of $6.76 million in the first quarter (Q1) of fiscal year (FY) 2027, down 48.7% year-over-year...

November 5, 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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Over 16% of New US Utility-Scale Solar Co-Located with Battery Storage in 2026

More than 16% of the utility-scale solar capacity added in the U.S. through September 2026 was co-located with operational battery energy storage systems, compared to...

November 5, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Higher Surcharge Could Erode Savings for Telangana’s Open Access Consumers

The Telangana Electricity Regulatory Commission (TGERC) has increased the additional surcharge on eligible open access consumers from ₹0.13 (~$0.00137)/kWh to ₹0.82 (~$0....

November 5, 2026

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Arjun Joshi

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Mercom Research Focus

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Open Access

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Other

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