Archive

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Solar Cell Manufacturing Capacity Under ALMM-II Grows to 45 GW

The Ministry of New and Renewable Energy (MNRE) has added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II,...

October 30, 2026

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Melvin Mathew

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Manufacturing

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Solar
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Regulator Rejects Kerala’s Costly Power Purchase Proposals, Flags BESS Delays

The Kerala State Electricity Regulatory Commission (KSERC) has partially approved Kerala State Electricity Board’s (KSEB) proposal to procure short-term...

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NTPC REL Invites Bids for Solar Project in Andhra Pradesh

NTPC Renewable Energy (NTPC REL) has invited bids for the engineering, procurement, and construction (EPC) package, including land, for a solar power project connected...

October 30, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Unreliable Power Supply Hindering EV Charging Infrastructure Growth: Interview

India’s expanding battery energy storage and electric vehicle (EV) charging markets are creating new opportunities for domestic equipment manufacturers. However,...

October 30, 2026

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Rakesh Ranjan

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Energy Storage

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Technology
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Daily News Wrap-Up: India’s Q3 2026 Renewable Policies Focus on Grid Stability

India’s renewable energy policies are increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during...

October 30, 2026

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Mercom Staff

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Daily Wrap-up
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Strong Tracker Demand Lifts Nextpower’s Q2 Revenue by 23%

U.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in the second quarter (Q2) of fiscal year (FY) 2027, up 22....

October 30, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Solar, Battery Storage Help Lower Power Prices in California, Texas: SEIA

California and Texas recorded an estimated wholesale electricity cost savings of $2.5 billion and $3.55 billion, respectively, between June and August 2026 compared with...

October 30, 2026

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Staff

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Markets & Policy

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Solar
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Global Battery Storage Failure Rate Dropped 98% Between 2018 and 2025: Report

The annual failure rate of lithium-ion battery energy storage systems (BESS) declined by 98% globally from 2018 to 2025,  according to a report by the Electric Power...

October 30, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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IEX’s Q2 Revenue Rises 8% as Electricity Trading Volumes Grow

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year...

October 29, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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ACME Solar’s Q2 Profit Jumps 134% YoY on Renewable and Storage Growth

Gurugram-based independent power producer ACME Solar Holdings reported a total income of ₹10.07 billion (~$100.7 million) in the second quarter (Q2) of the financial...

October 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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APGENCO Invites Bids to Supply Solar Modules for 400 MW Solar Project

Andhra Pradesh Power Generation Corporation (APGENCO) has invited bids to supply solar modules for its 400 MW grid-connected solar power project in Anantapuramu district,...

October 29, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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UPERC Approves Noida Power’s 300 MW RTC Renewable Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved Noida Power Company’s (NPCL) proposal to procure 300 MW of firm and dispatchable renewable...

October 29, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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ENNA Solar to Acquire 166 MW Solar, 612 MWh Battery Storage Project in Romania

ENNA Solar, a unit of Croatian-based renewables and logistics company ENNA Group, has signed an agreement to acquire a 166 MW solar project with a 612 MWh battery energy...

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Otovo Raises $3 Million in Private Placement to Fund Acquisitions

Otovo, an artificial intelligence-enabled platform providing behind-the-meter energy services for homes and businesses, has completed a $3 million private placement to...

October 29, 2026

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Renu

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Finance and M&A

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Solar
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Tamil Nadu Mandates Battery Storage for New Solar, Hybrid Projects

The Tamil Nadu government has introduced the Battery Energy Storage Systems Policy, 2026, mandating battery storage for new solar and wind-solar hybrid projects of 1 MW...

October 29, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy

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