Archive

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Tamil Nadu Proposes New Multi-Year Tariff Framework Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) has released its draft multi-year tariff (MYT) regulations for distribution licensees (DISCOMs) covering...

May 13, 2026

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Arjun Joshi

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Grid

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Market & Policy
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HPERC Issues Draft Rules Defining Useful Life for Solar, Wind, Biomass Projects

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued the draft Promotion of Generation from the Renewable Energy Sources and Terms and Conditions...

May 13, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Nextpower to Acquire Zigor’s Power Conversion Assets and Apex Power

Nextpower (previously known as Nextracker), a solar PV solutions provider, has entered into a definitive agreement to acquire complementary assets of Zigor Corporation’s...

May 13, 2026

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Renu

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Finance and M&A

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Solar
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Tamil Nadu Approves Procurement of 12 MW of Solar Power Under PM KUSUM

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved tariffs in the range of ₹3.02 (~$0.0315)/kWh to ₹3.09 (~$0.0323)/kWh for the procurement of 12 MW...

May 13, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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NTPC Invites Bids for Repowering 5 MW Solar Project in Andaman

NTPC has invited bids for an engineering, procurement, and construction (EPC) package to repower its 5 MW NTPC Andaman solar project at Garacharma in Port Blair. The...

May 13, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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CleanMax’s Q4 Revenue Up 29% on Higher Renewable Energy Sales

Clean energy solutions provider Clean Max Enviro Energy Solutions’ income for the fourth quarter (Q4) of the financial year (FY) 2026 rose 29.2% year-over-year (YoY) to...

May 13, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Fabric Manufacturer G.M. Syntex Saves ₹40 Million Annually by Going Solar

Large commercial and industrial (C&I) consumers are increasingly turning to solar power to meet sustainability goals and reduce their electricity expenditure....

May 13, 2026

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Melvin Mathew

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C&I

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Rooftop

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Solar
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GRID India Suggests Stability Safeguards for Battery Storage Projects

The Grid Controller of India (GRID India) has suggested to the Central Transmission Utility (CTUIL) that all new battery energy storage systems (BESS) above 50 MW be...

May 13, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Solar Tenders and Auctions Drop in Q1 2026

In the first quarter (Q1) of 2026, government agencies issued nearly 6 GW of solar tenders, a 68% year-over-year decrease from 17 GW but almost double the capacity...

May 13, 2026

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Mercom Staff

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Daily Wrap-up
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Sunrun Q1 2026 Revenue Rises 43%, Beats Analyst Estimates of $688 Million

U.S.-based residential solar and battery storage provider Sunrun reported a revenue of $722.2 million in Q1 2026, increasing 43% year-over-year (YoY) from $504.3 million....

May 13, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Renewable Energy Solution Providers to Gain from Green Energy Transition

The transition to green energy continues to accelerate in India, driven by policy support, declining solar technology costs, and rising electricity demand across...

May 13, 2026

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Meghana Prasad

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C&I

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Renewable Energy
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Torrent Power’s Q4 FY 2026 Revenue Flat Due to Gas Market Volatility

Gujarat-based Torrent Power posted revenue of ₹64.06 billion (~$673.03 million) in the fourth quarter (Q4) of the financial year (FY) 2026, down 0.8% year-over-year...

May 13, 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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India’s Solar Power Generation Soars 24.3% YoY to 52 BU in Q1 2026

In Q1 2026, India achieved a significant milestone, generating approximately 52 billion units (BU) of solar power, registering a 24.3% year-over-year (YoY) increase, as...

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Project Finance Brief: Solar Landscape Secures $600 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million green-labeled senior debt warehouse facility to...

May 13, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Nyobolt Raises $60 Million

From: Mercom Capital Group Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, raised $60 million in a Series C funding round, bringing the company’s...

May 13, 2026

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Staff

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Finance and M&A

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Other

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