Archive

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Rajasthan Floats Consultancy Tender for 45 MW Renewable Energy Projects

Rajasthan Renewable Energy Corporation (RRECL) has invited bids to select an agency to prepare detailed project reports (DPRs) for 45 MW of renewable energy projects in...

August 13, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Maharashtra Invites EOIs for 115 MW Floating Solar Project with Battery Storage

The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOIs) to develop a 115 MW floating solar project with a...

August 13, 2026

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Arjun Joshi

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Floating Solar

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Solar

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Tenders & Auctions
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Odisha Amends Renewable Energy Policy to Support Wind, Storage

The Odisha government has announced additional incentives for battery energy storage, removed the capacity cap on wind project allocations, and extended electricity duty...

August 13, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Inox Clean Raises ₹15 billion from Motilal Oswal Group

Motilal Oswal Group has committed ₹15 billion (~$157.20 million) to Inox Clean Energy, the integrated renewable energy platform of the INOXGFL Group. Of the amount, ₹10...

August 13, 2026

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Staff

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Finance and M&A

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Renewable Energy
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APTEL Upholds Capacity-Based Wheeling Charges for Captive Wind Project

The Appellate Tribunal for Electricity (APTEL) has upheld Ajmer Vidyut Vitran Nigam’s (AVVNL) decision to levy wheeling charges based on the higher of contracted or...

August 13, 2026

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Parth Shukla

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Grid

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Market & Policy
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Bihar Offers Rooftop Solar Subsidy Top-up of ₹10,000/kW Under PM Surya Ghar

The Bihar government has approved additional financial assistance of ₹10,000 (~$105)/kW for residential consumers installing rooftop solar systems under PM Surya Ghar:...

August 13, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Strong Solar Module Demand Drives Insolation Energy’s Q1 Revenue up 105%

Jaipur-based solar module manufacturer Insolation Energy posted revenue of ₹7.41 billion (~$77.6 million) in the first quarter (Q1) of the financial year (FY) 2026-27,...

August 13, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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India Adds Record 27 GW of Solar Capacity in First Half of 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year (CY) 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India...

August 13, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: DCR Push Triggers a Solar Module Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s solar...

August 13, 2026

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Melvin Mathew

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Daily Wrap-up
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Gujarat Tenders 1 GW/4 GWh Standalone Battery Storage Projects

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up 1,000 MW/4,000 MWh of standalone battery energy storage systems (BESS) in the state (Phase-X). The projects...

August 13, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Solar Plus Storage Cuts Grid Imports and Diesel Use at Maharashtra Firm

A manufacturing facility in Maharashtra has reduced its monthly grid electricity purchases by 11.1% and lowered diesel consumption after integrating a 600 kW/1.2 MWh...

August 13, 2026

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Arjun Joshi

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C&I

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Energy Storage

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Solar
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India’s Floating Solar Push Hinges on More Than Subsidies

India’s nascent floating solar market has struggled to scale amid high project costs, complex reservoir engineering, fragmented water-surface allocation, and limited...

August 13, 2026

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Arjun Joshi

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Floating Solar

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Mercom Research Focus

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Solar
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Octillion Opens Third Battery Plant in India With 3 GWh Annual Capacity

U.S.-based Octillion Power Systems, a supplier of battery systems for electric vehicles, has opened its third manufacturing facility in India in Halol, Gujarat, adding...

August 12, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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European Energy Secures $270 Million for 225 MW Agri-PV Project

European Energy, a renewable energy project developer, has reached financial closure of €234.1 million (~$270 million) for a 225 MW agrivoltaic project in Vizzini,...

August 12, 2026

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Arjun Pradeep

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Finance and M&A

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Solar
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UltraTech Cement to Procure Solar Power from Waaree SPV’s 65 MW Project

UltraTech Cement, an Aditya Birla Group company, will procure solar power from a 65 MW project being developed by Waaree Forever Energies’ special purpose vehicle (SPV),...

August 12, 2026

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Parth Shukla

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Finance and M&A

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Solar

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