Archive

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Solarium Green Commissions 1 GW Solar Module Plant in Gujarat

Solar engineering, procurement, and construction (EPC) company Solarium Green Energy has commissioned a fully automated 1 GW solar module manufacturing facility in...

March 18, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Deendayal Port Invites Bids for Green Hydrogen Storage and Fuel-Cell Power Project

Deendayal Port Authority has invited bids to set up a metal hydride technology-based green hydrogen storage system with a capacity of at least 3 kg and fuel cell-based...

March 18, 2026

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions
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India’s Non-Fossil Power Capacity Reaches 52.3% as of January 2026

India’s non-fossil energy sources have reached 52.3% of the country’s total installed power capacity of 520.5 GW as of January 2026, while thermal power continues to...

March 18, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy

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Solar
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UltraTech Cement to Source Power from Sunsure Energy’s 60 MW Solar Project

UltraTech Cement, an Aditya Birla Group company, has signed an energy supply agreement and a share subscription & shareholders’ agreement to procure power from...

March 18, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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PFC Consulting Tenders ISTS to Evacuate 6.5 GW Renewable Energy in Gujarat

PFC Consulting has invited bids to establish an interstate transmission system (ISTS) to evacuate 5,500 MW of renewable energy from the Jam Khambhaliya Renewable Energy...

March 18, 2026

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Arjun Joshi

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Grid

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Tenders & Auctions
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KKR to Invest Up to $310 Million in E-Bus Companies Allfleet and PMI Electro

Global investment firm KKR will invest up to $310 million (~₹28.63 billion) and form a partnership with electric bus (e-bus) platform Allfleet and e-bus manufacturer PMI...

March 18, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Waaree Energies Drawn into Arbitration Over Enel Green Power India Deal

Waaree Energies has received a request for arbitration from Enel Green Power Development over a dispute arising from a share purchase agreement in 2025, under which...

March 18, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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CleanMax’s Income Rises 14% YoY in Q3 FY 2026

Clean energy solutions provider Clean Max Enviro Energy Solutions reported a total income of ₹4.66 billion (~$50.45 million) in the third quarter (Q3) of the financial...

March 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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India Added 119 GW Solar Module and 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar module and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

March 18, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Use of ALMM-listed Solar Wafers Mandatory a Week After List Publication

The Ministry of New and Renewable Energy has expanded the Approved List of Models and Manufacturers (ALMM) framework by introducing a seven-day cut-off window after the...

March 18, 2026

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Arjun Joshi

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Manufacturing

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Markets & Policy

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Solar
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Funding and M&A Roundup: MGA Thermal Secures $12 Million

From: Mercom Capital Group MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, has secured A$17 million (~$12 million) in funding. The...

March 18, 2026

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Staff

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Finance and M&A

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Other
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Punjab Proposes Carry-Forward of Banked Energy for InSTS Open Access Projects

The Punjab State Electricity Regulatory Commission (PSERC) has proposed amendments to the Punjab State Electricity Regulatory Commission (Terms & Conditions for...

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Daily News Wrap-Up: Easing Group Captive Power Rules May Boost C&I Participation

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual...

March 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Project Finance Brief: Prime Infra Secures $4.6B for Pumped Hydro Projects

From: Mercom Capital Group Prime Infra, an infrastructure developer and operator, closed two financing agreements totaling Php273.47 billion (~$4.6 billion). According...

March 18, 2026

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Staff

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Finance and M&A

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Other
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RenewSys Commissions 3 GW Solar Module Facility in Maharashtra

Mumbai-based solar components manufacturer RenewSys has commissioned a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra. The...

March 18, 2026

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Meghana Prasad

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Manufacturing

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Solar

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