Archive

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Daily News Wrap-Up: India’s Downstream Battery Capacity Hits 86 GWh

India’s battery energy storage manufacturing sector is heavily concentrated in downstream manufacturing, which accounts for 92% of operational capacity, compared with...

October 23, 2026

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Mercom Staff

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Daily Wrap-up
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Longer Contracts, Higher Expectations Reshape India’s Solar O&M Market

India’s solar operations and maintenance (O&M) segment is moving beyond routine equipment servicing as developers and asset owners place greater emphasis on...

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VECKTA Raises $11 Million to Expand Onsite Solar and Storage Platform

VECKTA, an energy planning and procurement platform, has raised $11 million in an oversubscribed Series A funding round led by Origin Ventures. The funding will support...

October 23, 2026

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Renu

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Finance and M&A

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Solar
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Pivot Energy Secures $500 Million Corporate Credit Facility

Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit facility from Nuveen Energy...

October 23, 2026

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Renu

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Finance and M&A

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Solar
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Old Industrial Building Structures Limit Rooftop Solar Sizing in Tamil Nadu

Commercial and industrial (C&I) rooftop solar developers in Tamil Nadu face structural and electrical infrastructure constraints that limit the capacity they can...

October 23, 2026

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Arjun Joshi

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C&I

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Mercom Research Focus

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Solar
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Solar PPA Prices Rise 6% YoY in North America, Fall 4% in Europe

Solar power purchase agreement (PPA) prices in North America increased 6% year-over-year (YoY) in the third quarter (Q3) of 2026, while prices in Europe declined 4.1%,...

October 23, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Kerala Introduces Tariff Framework for Battery and Pumped Storage Projects

The Kerala State Electricity Regulatory Commission (KSERC) has notified the Multi-Year Tariff Regulations, 2026, introducing a tariff framework for battery energy...

October 22, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Navitas Solar Secures $20 Million to Expand into Solar Cell Manufacturing

Surat-based solar module manufacturer Navitas Solar has secured growth capital of up to $20 million from Switzerland-based impact asset manager responsAbility and plans...

October 22, 2026

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Parth Shukla

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Finance and M&A

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Manufacturing

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Solar
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CTUIL Sets Four-Hour Battery Storage Requirement for Grid Connectivity

The Central Transmission Utility of India (CTUIL) has set a minimum discharge duration of four hours for specific battery energy storage system connectivity applications...

October 22, 2026

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Parth Shukla

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Grid

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Market & Policy
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Gujarat Regulator Notifies Battery Energy Storage Regulations

The Gujarat Electricity Regulatory Commission (GERC) has notified the Grid Interactive Battery Energy Storage System Regulations, 2026, establishing a framework for the...

October 22, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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India’s Downstream Battery Storage Manufacturing Capacity Reaches 86 GWh

India’s operational battery energy storage manufacturing capacity is heavily concentrated in downstream manufacturing, which accounts for 92% of the total, while...

October 22, 2026

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Parth Shukla

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Energy Storage

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Mercom Research Focus
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Daily News Wrap-Up: Transmission Roadblocks Threaten Renewables Expansion

Greater visibility into transmission readiness, earlier identification of potential delays, and closer coordination between generation and network development could help...

October 22, 2026

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Melvin Mathew

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Daily Wrap-up
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Rooftop Solar Offers Significant Savings Potential for Uttar Pradesh Industries

Commercial and industrial (C&I) consumers in Uttar Pradesh could substantially reduce electricity costs through rooftop solar, with an estimated levelized cost of...

October 22, 2026

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Melvin Mathew

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C&I

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C&I

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Rooftop

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Solar
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Gujarat Regulator Bars Termination of PPA for Delayed 280 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Urja Vikas Nigam (GUVNL) from terminating its power purchase agreement (PPA) for the...

October 22, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Haryana Power Purchase Centre Invites Bids for Solar Plus Storage Projects

The Haryana Power Purchase Centre, a joint forum created by the Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam, has invited bids to develop...

October 22, 2026

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions

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