Archive

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India’s RTC Push Is Laying the Groundwork for Hourly Clean Energy Matching: Interview

India’s power system has advanced in time-based operations, with electricity scheduled and dispatched in 15-minute intervals. Yet, the country’s clean energy accounting...

May 19, 2026

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Meghana Prasad

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Grid

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Market & Policy
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Tripura Electricity Regulator Approves ₹12.75 Billion Tariff Recovery

The Tripura Electricity Regulatory Commission (TERC) has approved the tariffs for Tripura State Electricity Corporation (TSECL) for the financial year ending March 2027....

May 19, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Automation, Higher Deliveries Send Eos Energy Q1 Revenue Soaring

U.S.-based energy storage solutions provider Eos Energy Enterprises posted revenue of $57 million in the first quarter (Q1) of 2026, up 444.7% year-over-year (YoY) from...

May 19, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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Crux Secures $500 Million Debt Facility for Clean Energy Tax Investments

Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s infrastructure credit...

May 18, 2026

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Dibin DB

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Finance and M&A

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Solar
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Uttarakhand Issues Draft Resource Adequacy Planning Framework

The Uttarakhand Electricity Regulatory Commission (UERC) has proposed a resource adequacy framework for the state’s power sector to ensure the availability of sufficient...

May 18, 2026

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Melvin Mathew

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Grid

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Market & Policy
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Japan Awards 1.2 GW of Battery Storage Capacity Under Decarbonization Program

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has announced the results for the FY 2025 Long-Term Decarbonized Power Source...

May 18, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Gujarat Regulator Adopts Tariffs for GUVNL’s 500 MW Wind Power Procurement

The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam’s (GUVNL) petition to adopt tariffs for 500 MW of wind power capacity. The...

May 18, 2026

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Meghana Prasad

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Markets & Policy

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Wind
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GERC Approves Tariffs for 335 MW/670 MWh Energy Storage Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja...

May 18, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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PFC, REC Boards Decide to Approach President for Merger Approval

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the...

May 18, 2026

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Solex’s Q4 Revenue Surges 248% on Higher Module Manufacturing, EPC Orders

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026,...

May 18, 2026

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Arjun Joshi

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Finance and M&A

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Other
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UREDA Tenders 6.5 MW Rooftop Solar Projects on Government Buildings

The Uttarakhand Renewable Energy Development Agency (UREDA) has invited bids under two tenders to select engineering, procurement, and construction (EPC) contractors for...

May 18, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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CERC Approves ₹2.15/kWh Tariff for 170 MW Neemuch Solar Project

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹2.15 (~$0.0224)/kWh for a 170 MW solar project to be developed as Unit 3 of the Neemuch...

May 18, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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NLC India Announces Winner of 250 MW/500 MWh EPC Battery Storage Auction

NLC India has announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s...

May 18, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: India Adds 1.6 GW of Wind Capacity in Q1 2026

India added nearly 1.6 GW of wind power capacity in the first quarter (Q1) of the calendar year 2026, up 14% quarter-over-quarter from 1.3 GW. The capacity additions...

May 18, 2026

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Mercom Staff

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Daily Wrap-up
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Higher Sales Volume Pushes Premier Energies’ Revenue Up 40% YoY in Q4 FY 2026

Solar module and cell manufacturer Premier Energies has posted revenue of ₹22.7 billion (~$237.12 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up...

May 15, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar

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