Archive

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Ola Electric Board Approves ₹15 Billion Fundraise Plan

Electric vehicle manufacturer Ola Electric Mobility’s board of directors has approved a resolution to raise up to ₹15 billion (~$158.84 million) through the issuance of...

September 7, 2026

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Melvin Mathew

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EV

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Finance and M&A
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Tunisia Awards 455 MW of Solar Projects in Sixth Authorization Round

Tunisia’s Ministry of Industry, Mines and Energy has awarded contracts to developers for 309 solar projects, with a cumulative capacity of 455 MW, under the sixth round...

September 7, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Delhi Regulator Rejects BEE’s ₹125 Million Penalty Claim Against NDMC

The Delhi Electricity Regulatory Commission (DERC) has rejected the petitioner, Bureau of Energy Efficiency’s (BEE) claim seeking a penalty of ₹125.44 million (~$1.33...

September 7, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Shilpa Medicare to Source Solar Power from NeoGreen’s 13 MW Project

Pharmaceutical company Shilpa Medicare will source 13 MW of solar power from NeoGreen Power in a group captive arrangement for its operations in Karnataka. NeoGreen...

September 7, 2026

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Parth Shukla

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C&I

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Solar
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Kajaria Ceramics to Procure Power from Sunsure’s 20 MW Wind-Solar Project

Ceramic and vitrified tiles manufacturer Kajaria Ceramics has signed a long-term power purchase agreement (PPA) with Gurugram-based renewable energy solutions provider...

September 7, 2026

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Parth Shukla

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Solar

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Wind
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UP Regulator Allows UPPCL to Procure Power at Previous Year’s Purchase Cost

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed Uttar Pradesh Power Corporation (UPPCL) to continue procuring electricity from certain renewable...

September 7, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Jharkhand Regulator Rejects Steel Rope Firm’s RPO Recalculation Plea

The Jharkhand State Electricity Regulatory Commission (JSERC) has rejected a steel rope manufacturing company’s petition seeking recalculation of its Renewable Purchase...

September 7, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Leanwatts Raises $2 Million Seed Funding to Expand Power Electronics Platform

Hyderabad-based power electronics startup Leanwatts has raised approximately $2 million (₹181.5 million) in seed funding across two tranches, led by Trivest Partners,...

September 7, 2026

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Melvin Mathew

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Finance and M&A

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Manufacturing

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Solar
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IEX Clocks Record Monthly Trading Volume in August, Rises to 13.94 BU

Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity traded volume of 13,938 million units (MUs) in August 2026, an increase of 20.2% year-on-year...

September 7, 2026

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Arjun Joshi

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Other

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Renewable Energy
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MENA Adds Record 16 GW of Renewable Energy Capacity in 2025: Report

The Middle East and North Africa (MENA) region’s cumulative solar and wind capacity is projected to reach 404 GW by 2035, up from 49 GW currently, according to...

September 7, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Maharashtra Regulator Adopts Tariff for Renewable Energy Transmission Project

The Maharashtra Electricity Regulatory Commission (MERC) has adopted annual transmission charges of ₹1.45 billion (~$15.90 million) for a transmission project to...

September 7, 2026

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Parth Shukla

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Grid

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Market & Policy
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Daily News Wrap-Up: Clean Energy Manufacturing Faces R&D Gap

With a record solar capacity addition of 27 GW in the first half of 2026 and a 110 GWh storage pipeline, India’s clean energy build-out is gathering pace as the country...

September 7, 2026

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Melvin Mathew

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Daily Wrap-up
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US Adds Record 20.2 GWh of Energy Storage Capacity in Q2 2026

The U.S. added a record 6.7 GW/20.2 GWh of battery energy storage system (BESS) capacity in the second quarter (Q2) of 2026, according to the U.S. Energy Storage Market...

September 7, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Aukera Energy Closes $533 Million Credit Facility

Aukera Energy, a pan-European renewable energy and battery storage developer, has closed a €460 million (~$533 million) structured credit facility led by institutional...

September 7, 2026

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Renu

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Energy Storage

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Finance and M&A
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CEA’s Proposed Storage Mandate Could Reshape Solar and Wind Project Economics

The Central Electricity Authority’s (CEA) proposal to mandate co-located energy storage systems (ESS) for new ground-mounted solar and onshore wind projects could...

September 7, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Renewable Energy

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