Archive

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Tamil Nadu Targets 50% Renewables in Power Mix by 2031

Tamil Nadu plans to increase renewable energy to 50% of its power mix by 2031, backed by new solar and wind capacity, battery energy storage systems, pumped storage...

August 26, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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PFC Awards Transmission Project to Support 4.5 GW of Pumped Storage Capacity

PFC Consulting has announced the winner of the auction to develop an interstate transmission system (ISTS) for a network expansion near Satara in Maharashtra, to support...

August 26, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Australia Launches Tender for 1.8 GW Renewable Energy Capacity

Australia has issued a tender to add around 1.8 GW of renewable generation capacity in Western Australia’s Wholesale Electricity Market, under its Capacity Investment...

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Eastern Railway Invites Bids for 1.5 MW Rooftop Solar Systems

The Asansol Division of the Eastern Railway has invited bids to install grid-connected rooftop solar systems with a total capacity of 1,500 kW under the renewable energy...

August 26, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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MENA Weekly Round-Up: Egypt Approves 1 GW Solar, 600 MWh Battery Project

Egypt approved a major solar-plus-storage project in Minya Governorate, granting Nefer Minya Renewable Energy a golden license to develop 1 GW of solar capacity...

August 26, 2026

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Melvin Mathew

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Energy Storage

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Solar
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Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG

From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan...

August 26, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: MNRE Issues Cybersecurity Compliance Date for Wind OEMs

The Ministry of New and Renewable Energy (MNRE) directed original equipment manufacturers listed under the Approved List of Models and Manufacturers for wind turbines to...

August 26, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: AMPIN Secures $195 Million for Hybrid Storage Project

Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement-backed 100...

August 26, 2026

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Staff

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Finance and M&A

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Other
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Competitive Green Loans Lower Financing Barrier for C&I Rooftop Solar

Access to finance is becoming less of a barrier for commercial and industrial (C&I) consumers looking to adopt rooftop solar and other renewable energy solutions, as...

August 26, 2026

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Rakesh Ranjan

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C&I

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Finance and M&A

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Solar
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Soaring Input Costs, Weak Rupee Cast Shadow on Solar Project Economics

The sharp rise in key commodity prices, coupled with a weaker rupee, policy uncertainty, and geopolitical disruptions, is intensifying cost pressures across India’s...

August 26, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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L&T Wins 6 GWh Battery Storage Order in the Middle East

Larsen & Toubro (L&T) has secured an order to set up three battery energy storage projects in the Middle East, with a combined storage capacity of 6 GWh. L&T...

August 25, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Fujiyama to Add 1 GWh Lithium Battery Production Capacity in Madhya Pradesh

Solar energy solutions provider Fujiyama Power Systems (UTL Solar) will invest ₹50 million (~$524,001) to add 1 GWh of lithium battery manufacturing capacity at its...

August 25, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Karnataka Cuts Generic Tariff for PM Surya Ghar Projects

The Karnataka Electricity Regulatory Commission (KERC) has approved new generic tariffs for grid-connected distributed solar projects and solar projects under different...

August 25, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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MNRE Asks Wind Turbine OEMs to Prove Cybersecurity Compliance by August 31

The Ministry of New and Renewable Energy (MNRE) has directed original equipment manufacturers (OEMs) listed under the Approved List of Models and Manufacturers (ALMM)...

August 25, 2026

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Rakesh Ranjan

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Markets & Policy

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Wind
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Renewables Account for 63% of Türkiye’s Installed Power Capacity

Renewable energy sources accounted for 62.8% of Türkiye’s installed electricity capacity, reaching 79.43 GW at the end of July 2026, according to the country’s Ministry...

August 25, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy

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