Archive

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Odisha Proposes Ancillary Services Framework for Grid Security

The Odisha Electricity Regulatory Commission (OERC) has issued the draft Ancillary Services Regulations, 2026, which sets out a state-level framework for the procurement,...

May 22, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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IPX Power Closes $4.95 Billion Financing for Solar and Storage Projects

IPX Power, an independent power producer, has closed committed financing for the construction and operation of the Darden solar and battery storage projects in Fresno...

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Energy Trading Startup Shatterdome Energy Raises $3.5M Pre-Seed Funding

Shatterdome Energy, an AI-driven energy trading and virtual power plant startup, has raised $3.5 million in pre-seed funding to develop an energy trading platform for...

May 22, 2026

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Dibin DB

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Finance and M&A

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Smart Grid
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Veda Solar Begins Commercial Production of Modules at 1.5 GW Surat Plant

Veda Solar has commenced commercial production of solar modules at its Surat, Gujarat, manufacturing facility, with capacities ranging from 550 MWp to 630 MWp. The...

May 22, 2026

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Parth Shukla

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Manufacturing

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Modules

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Solar
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Fujiyama to Set Up 1.2 GW Solar Cell Manufacturing Plant in Madhya Pradesh

Rooftop solar solutions company Fujiyama Power Systems’ board of directors has approved a proposal to set up a 1.2 GW TOPCon solar cell manufacturing facility at its...

May 22, 2026

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Parth Shukla

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Manufacturing

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Solar
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I Squared Capital Launches $1 Billion Power Transmission Platform in India

I Squared Capital, a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India’s electricity grid, with plans to...

May 22, 2026

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Rakesh Ranjan

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Finance and M&A

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Grid
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MSMEs Gain Easier Access to Clean Energy Financing as Banks Expand Offerings

India’s clean energy transition initiatives are increasingly moving beyond utility-scale projects and into the country’s medium, small and micro enterprises (MSME)...

May 22, 2026

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Meghana Prasad

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C&I

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Solar
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Daily News Wrap-Up: India Installs 2.7 GW Solar Open Access in Q1 2026

India added 2.7 GW of solar open access capacity in the first quarter of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55%...

May 22, 2026

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Staff

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Daily Wrap-up
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Bridging the Solar Skills Gap as Academia Races to Catch Up

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of...

May 22, 2026

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Meghana Prasad

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Manufacturing

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Mercom Research Focus

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Solar
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Grasim Industries to Source Power from Ampin’s 52.3 MW Hybrid Renewable Project

Grasim Industries, a flagship company of the Aditya Birla Group, will procure renewable power from a 52.3 MW wind-solar hybrid project being developed by Ampin C&I...

May 21, 2026

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Meghana Prasad

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Markets & Policy

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Solar

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Wind
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KEI Industries to Source Power from BluePine’s 11 MW Solar Project

KEI Industries, a manufacturer and supplier of electrical wires, cables, and engineering, procurement, and construction (EPC) services, has signed agreements to source...

May 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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US Adds Record 9.7 GWh of Energy Storage Capacity in Q1 2026: Report

Despite policies disincentivizing clean energy growth, the U.S. added a record 9.7 GWh of energy storage capacity in the first quarter (Q1) of 2026, up 32%...

May 21, 2026

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Melvin Mathew

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Solar
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CERC Proposes New Connectivity Rules for Storage and Renewable Projects

The Central Electricity Regulatory Commission (CERC) has proposed a new framework for grid connectivity withdrawal, energy storage systems, land bank guarantees, source...

May 21, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Saatvik’s Q4 Revenue Soars on Product Diversification, Backward Integration

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue of ₹16.07 billion (~$167 million) in the fourth quarter (Q4) of the financial year (FY)...

May 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Airports Authority Floats Maintenance Tender for 1.5 MW Rooftop Solar Project

The Airports Authority of India has invited bids for the facility management and comprehensive maintenance contract of a 1.5 MW grid-connected rooftop solar project at...

May 21, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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