Archive

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Malaysia Launches 2.65 GW Solar Program with 1.25 GW Energy Storage

Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has launched the sixth Large-Scale Solar (LSS6) program, offering 2,650 MW of solar capacity...

July 23, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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Waaree Renewable Technologies’ Revenue Surges 53% in Q1 FY 2027

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported consolidated revenue from operations of ₹9.24...

July 23, 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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PFC Consulting Invites Bids for Transmission System in Maharashtra

PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 400/220 kV Malegaon (Saundane) air-insulated substation (AIS) in the...

July 23, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Solar Module Manufacturers May Face Cell Supply Shortage for 6-7 Months: Interview

The rush to comply with the Approved List of Models and Manufacturers (ALMM) guidelines for solar modules and cells has sparked concerns among industry stakeholders...

July 23, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over...

July 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Lithium Prices Drop as Suspended Mining Operations in China, Australia Restart

The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in...

July 23, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The...

July 23, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Maharashtra Regulator Orders MSEDCL to Clear Delayed Wind Payments

The Maharashtra Electricity Regulatory Commission (MERC) has directed Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹1.14 billion (~$11.84 million)...

July 23, 2026

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Parth Shukla

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Markets & Policy

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Wind
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Daily News Wrap-Up: Solar Cell Capacity Under ALMM-II Expands to 31.76 GW

The Ministry of New and Renewable Energy updated the ALMM List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’...

July 23, 2026

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Mercom Staff

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Daily Wrap-up
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Storage Market Could Become Bigger Than Solar and Wind Combined: Interview

As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm...

July 23, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Battery Material Company Sila Raises $300 Million in Funding

Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode material and support the...

July 22, 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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Solar Cell Capacity Under ALMM List-II Grows to 31.76 GW

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) List-II for solar cells, adding Avaada Electro as a new...

July 22, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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AMPYR Distributed Energy Secures $194 Million for European Expansion

AMPYR Distributed Energy (ADE), a distributed energy solutions provider backed by AGP Group, has secured €170 million (~$194 million) in debt facilities from existing...

July 22, 2026

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Renu

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Finance and M&A

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Solar
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JSW Energy’s Q1 FY 2027 Profit Falls 36% YoY on Higher Finance Costs

Independent power producer JSW Energy reported consolidated revenue of ₹54.37 billion (~$564.59 million) in the first quarter (Q1) of the financial year (FY) 2027,...

July 22, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Solar Policy Consistency Key to Investors’ Confidence in India: Interview

The Approved List of Models and Manufacturers (ALMM) mandate for solar cells, which came into effect on June 1, 2026, is one of the most widely discussed topics in...

July 22, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar

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