Archive

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Gujarat Industries Power Company Invites Bids for 120 MWh Battery Storage System

The Gujarat Industries Power Company (GIPCL) has invited bids to design, engineer, supply, erect, test, and develop a 20 MW/120 MWh battery energy storage system at its...

May 26, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Adani Green Commissions 3.37 GWh Battery Storage System in Gujarat

Adani Green Energy (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system at Khavda, Gujarat. The battery storage system is designed to support grid...

May 26, 2026

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Meghana Prasad

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Energy Storage

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Market & Policy
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Amara Raja Q4 Revenue Up 15.5% YoY, Advances Cell, BESS Expansion Plans

Energy storage solutions provider Amara Raja Energy and Mobility reported consolidated revenue from operations of ₹35.36 billion (~$371.19 million) in the fourth quarter...

May 26, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Insolation Energy’s Revenue Doubles in Q4 FY 2026 on Higher Solar Demand

Jaipur-based solar module manufacturer Insolation Energy posted revenue of ₹7.92 billion (~$83.12 million in the fourth quarter (Q4) of the financial year (FY) 2026, up...

May 26, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Daily News Wrap-Up: JAKEDA Reveals Winners of 153 MW Rooftop Solar Auction

Jammu and Kashmir Energy Development Agency announced the winners of its empanelment auction to select developers to set up grid-connected rooftop solar projects on...

May 26, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Rajasthan Regulator Cuts RVPN’s FY 2026-27 Transmission Charges to ₹37.8 Billion

The Rajasthan Electricity Regulatory Commission (RERC) has approved the true-up of Rajasthan Rajya Vidyut Prasaran Nigam’s (RVPN) transmission business for the financial...

May 26, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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ALMM June 1 Mandate for Solar Cells Stays, MNRE Rules Out Blanket Extension

The Ministry of New and Renewable Energy (MNRE) has declared that there will be no blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II...

May 25, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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KIOCL Tenders 2.7 MW Floating Solar Project in Karnataka

KIOCL, under the Ministry of Steel, has issued a tender for a floating solar project with a minimum capacity of 2.7 MW on the water reservoir at its blast furnace unit...

May 25, 2026

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Parth Shukla

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Floating Solar

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Solar

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Tenders & Auctions
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Spearmint Energy Secures $450 Million for Texas Battery Storage Project

Spearmint Energy, a utility-scale battery storage project developer, has closed approximately $450 million in financing for Red Egret, a 300 MW/600 MWh standalone...

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Suzlon’s Q4 Revenue Up 45% YoY, Wind Turbine Sales Soar

Wind turbine manufacturer Suzlon Energy reported a revenue of ₹54.68 billion (~$571.89 million) in the fourth quarter (Q4) of the financial year, a 44.9% year-over-year...

May 25, 2026

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Melvin Mathew

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Finance and M&A

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Wind
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Solar Financing Platform Stride Raises $15 Million in Series B Funding

Stride, a Vietnam-based rooftop solar financing platform, has raised $15 million in a Series B funding round to expand solar and battery adoption among households and...

May 25, 2026

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Renu

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Finance and M&A

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Solar
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MNRE Asks DISCOMs to Expedite Commissioning of Rooftop Solar Projects

With less than a week to go for the Approved List of Models and Manufacturers (ALMM) List-II mandate for solar cells to kick in, the Ministry of New and Renewable Energy...

May 25, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Invertix Raises $2 Million for AI-based Renewable Asset Tools

Invertix, a startup developing AI-powered software for renewable energy asset management, has raised €1.7 million (~$1.97 million) in pre-seed funding. Vireo Ventures...

May 25, 2026

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Dibin DB

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Finance and M&A

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Solar
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JAKEDA Announces Winners of 153 MW Rooftop Solar Auction

Jammu and Kashmir Energy Development Agency (JAKEDA) has announced the winners of its empanelment auction to select developers to set up grid-connected rooftop solar...

May 25, 2026

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Arjun Joshi

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Rooftop

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Solar

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Tenders & Auctions
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NTPC Green Energy’s Q4 Revenue Rises 47% YoY But Profit Slips

NTPC Green Energy reported revenue from operations of ₹9.13 billion (~$95.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 46.7% year-over-year...

May 25, 2026

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Arjun Joshi

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Finance and M&A

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Other

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