Archive

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APTEL Quashes TNERC Order Rejecting Extension for 50 MW Solar Project

The Appellate Tribunal for Electricity (APTEL) has set aside an order of the Tamil Nadu Electricity Regulatory Commission (TNERC) that had refused to grant a...

July 31, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Bloom Energy Revenue Jumps 165% YoY in Q2, Beats Analysts’ Expectations

Fuel cell and electrolyzer manufacturer Bloom Energy reported a record revenue of $1.07 billion in the second quarter (Q2) of 2026, a 165.5% year-over-year (YoY)...

July 31, 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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Zenobē Acquires Battery Energy Storage Project Developer sdp energie

Zenobē, an owner and operator of grid-scale battery storage, has acquired Bavaria-based battery energy storage developer sdp energie. According to Zenobē, this...

July 31, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Thermal Battery Company Antora Energy Raises $550 Million in Funding

Antora Energy, a developer of thermal batteries, has raised $550 million in an oversubscribed Series C funding round co-led by G2 Venture Partners and Eclipse. New...

July 31, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Tata Power Begins Work on 800 MW Wind-Solar Project in Andhra Pradesh

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has begun construction of an 800 MW wind-solar project in Andhra Pradesh. The project will comprise 400...

July 31, 2026

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Parth Shukla

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Solar

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Wind
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Cabinet Clears ₹50 Billion PM Surya Sarovar Floating Solar-Storage Program

The Union Cabinet has approved the Pradhan Mantri Surya Sarovar Yojana, a ₹50.7 billion (~$530.20 million) program to develop 5 GW of floating solar projects with...

July 31, 2026

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Melvin Mathew

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Floating Solar

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Markets & Policy

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Solar
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Solar Module Sales Lift Waaree’s Q1 Revenue; New US Production Lines Soon

Solar module manufacturer Waaree Energies reported revenue of ₹79.38 billion (~$831.06 million) in the first quarter (Q1) of the financial year (FY) 2027, up 79.2%...

July 31, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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First Solar Reaffirms 2026 Guidance Despite 4% YoY Q2 Revenue Fall

U.S.-based solar module manufacturer First Solar reported net sales of $1.06 billion in the second quarter (Q2) of 2026, a 3.7% year-over-year (YoY) decline from $1.1...

July 31, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Uttar Pradesh Draft Electricity Grid Code Focuses on Renewables, Storage

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the draft Uttar Pradesh Electricity Grid Code Regulations, 2026, proposing a revised framework for...

July 31, 2026

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Arjun Joshi

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Grid

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Market & Policy
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ACME’s Revenue Up 68% in Q1 on Higher Electricity Sales

Gurugram-based independent power producer ACME Solar Holdings reported a revenue of ₹8.58 billion (~$90.8 million) in the first quarter (Q1) of the financial year (FY)...

July 31, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Avaada Bags $1.3 Billion Financing for 2.15 GW Renewables Portfolio

Renewable energy company Avaada Group has secured approximately $1.3 billion in financial closure for its 2.15 GW renewable energy portfolio. The financing was approved...

July 31, 2026

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Staff

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Finance and M&A

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Solar

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Wind
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APTEL Upholds Guarantee Encashment in Delayed 1.5 GW Tamil Nadu Solar Project

The Appellate Tribunal for Electricity (APTEL) has upheld the encashment of performance guarantees by the Tamil Nadu Generation and Distribution Company (TANGEDCO) due...

July 31, 2026

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Parth Shukla

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Markets & Policy

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Solar
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Rajasthan Invites Bids for 696 Public EV Charging Stations

The Rajasthan Renewable Energy Corporation (RRECL) has invited bids to commission public electric vehicle (EV) charging infrastructure across 236 locations in the state....

July 31, 2026

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Arjun Joshi

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Electric Vehicles

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Tenders & Auctions
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Daily News Wrap-Up: Solar Module Industry May Consolidate Due to Oversupply

On the sidelines of the Mercom India Renewables Summit 2026, Mercom India spoke with Khalid Nadeem, Chief Operating Officer at SAEL, about the growing role of battery...

July 31, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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Solar Corporate Funding Jumps 56% YoY to $16.9 Billion in 1H 2026

Global solar companies raised $16.9 billion in corporate funding during the first half (1H) of 2026, a 56% year-over-year (YoY) increase from $10.8 billion in the...

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