Archive

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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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REC’s Revenue Falls 3%, Profit Declines by 6% in Q1 FY 2027

Public infrastructure finance company REC recorded revenue from operations of ₹144.35 billion (~$1.5 billion) for the first quarter of the financial year (FY) 2027, down...

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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Solar Manufacturing May Outpace Demand Due to Grid Constraints: Interview

With 139 GW of solar module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM), India’s solar manufacturing industry may...

July 27, 2026

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Arjun Joshi

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Manufacturing

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Solar
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Waaree Renewable Bags EPC Contract for 800 MW Solar Projects

Waaree Renewable Technologies (WRTL) has received letters of award for engineering, procurement, and construction contracts for two ground-mounted solar projects with a...

July 27, 2026

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Staff

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Renewable Energy

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Solar
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SECI Tenders 5.29 MW Rooftop Solar Projects at Eight Government Institutions

The Solar Energy Corporation of India (SECI) has invited bids to select solar power developers for setting up 5.29 MW rooftop solar projects across eight government...

July 27, 2026

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Melvin Mathew

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Rooftop

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Solar

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Tenders & Auctions
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SJVN Invites Bids for 265 MW/530 MWh Battery Storage Project in Haryana

SJVN has invited bids to develop 265 MW/530 MWh of standalone battery energy storage systems (BESS) in Haryana. The tender comprises a 250 MW/500 MWh BESS project...

July 27, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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CEA Favors 100% Grid-Forming Inverters for Future Battery Storage Projects

The Central Electricity Authority (CEA) has recommended the use of 100% grid-forming (GFM)  inverters in all future battery energy storage system (BESS) projects to...

July 27, 2026

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B.S. Nagaraj

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Market & Policy

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T&D
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NTPC Green Energy’s Q1 Profit Rises 38% YoY on Higher Generation

NTPC Green Energy (NGEL) reported a net profit of ₹3.05 billion (~$31.55 million) in the first quarter (Q1) of the financial year (FY) 2027, a 38% increase...

July 27, 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: US FEOC Rules May Benefit Indian Solar Exporters

With the U.S. beginning to enforce the Foreign Entity of Concern (FEOC) rules and global buyers accelerating China+1 sourcing strategies, Indian solar module...

July 27, 2026

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Mercom Staff

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Daily Wrap-up
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IIT Jammu Invites EOIs for 2.2 MW Solar Project with 8 MWh Battery Storage

The Indian Institute of Technology (IIT) Jammu has invited expressions of interest (EOIs) to commission a 2.2 MW hybrid solar project integrated with an 8 MWh battery...

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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