Archive

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Aegeus Technologies’ Initial Public Offering Oversubscribed 24 Times

Robotic solar module cleaning equipment supplier Aegeus Technologies’ ₹237 million (~$2.49 million) initial public offering (IPO) was subscribed 24.33 times at the end...

August 6, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Cabinet Approves ₹237 Billion National Compressed Biogas Program

The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas...

August 6, 2026

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Rakesh Ranjan

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Markets & Policy

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Other
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Solar Landscape Secures $150 Million for Distributed Solar Pipeline

Solar Landscape, a U.S.-based developer and operator of distributed solar and storage projects, has secured a development financing facility of up to $150 million from...

August 6, 2026

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Renu

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Finance and M&A

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Solar
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BESCOM Invites Bids for 500 MW Distributed Solar Projects

Bengaluru Electricity Supply Company (BESCOM) has invited bids to develop 500 MW of grid-connected distributed solar projects. The projects will be developed under the...

August 6, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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India Can Build a Domestic Long-Duration Energy Storage Industry: Interview

Lithium-ion batteries dominate India’s energy storage market today, but researchers and industry are also exploring alternative technologies for long-duration...

August 6, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Higher Energy Storage System Sales Boost Sunrun’s Q2 Revenue by 53% YoY

U.S.-based residential solar and battery storage provider Sunrun reported total revenue of $869.99 million in the second quarter (Q2) of 2026, a 52.8% year-over-year...

August 6, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Ore Energy Raises $43 Million to Scale Iron-Air Battery Manufacturing

Ore Energy, a developer of iron-air batteries for long-duration energy storage, has raised $43 million in Series A funding in a round co-led by Plural and HV. Positron...

August 6, 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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Tamil Nadu Announces PM Surya Ghar Rooftop Solar Subsidy of Up to ₹100,000

The Tamil Nadu government has announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to...

August 6, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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SECI Seeks PMU for 100 MW Solar/120 MWh Battery Storage Project

The Solar Energy Corporation of India (SECI) has invited bids to procure a phasor measurement unit (PMU) for a 100 MW solar project integrated with a 40 MW/120 MWh...

August 6, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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GE Vernova to Supply 163 MW Turbines for Enfinity’s Wind Farm

Energy equipment manufacturer GE Vernova has signed an agreement with Enfinity Global to supply and install 43 of its 3.8 MW-154m onshore wind turbines. The turbines,...

August 6, 2026

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Staff

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Renewable Energy

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Wind
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Maharashtra Regulator Approves BEST’s 220 MW Solar/440 MWh Storage Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved Brihanmumbai Electric Supply and Transport Undertaking’s (BEST) proposal to procure 220 MW of solar...

August 6, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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SolarEdge Returns to Profitability in Q2, Expects Weak Funding Environment in Q3

Israel-based solar inverter manufacturer SolarEdge reported revenue of $346.2 million in the second quarter (Q2) of 2026, a 19.6% year-over-year (YoY) increase from $289....

August 6, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Energy Storage Can Turn Curtailed Solar into Reliable Power: Interview

Rising renewable energy penetration, rapid capacity additions, and evolving regulatory environment are making energy storage an essential part of India’s power...

August 6, 2026

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Melvin Mathew

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Energy Storage

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Renewable Energy
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Daily News Wrap-Up: SECI Issues Tender for Geothermal Assessment

The Solar Energy Corporation of India (SECI) invited expressions of interest for geothermal resource assessment and development in the union territory of Andaman &...

August 6, 2026

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Mercom Staff

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Daily Wrap-up
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New Research Improves Day-Ahead Solar Forecasting Accuracy by 13%

Researchers at North Carolina State University have demonstrated techniques that improved day-ahead solar power forecasting by up to 13% compared with the most...

August 5, 2026

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Melvin Mathew

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Solar

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Technology

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