Archive

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IndiGrid Raises ₹15 Billion in Funding Through Institutional Placement

Power transmission and renewable energy company IndiGrid has raised ₹15 billion (~$163.15 million) in funding through an institutional placement, bringing the total...

January 23, 2026

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Parth Shukla

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Finance and M&A

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Grid
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SAEL Commissions 800 MW of Solar Projects at Khavda in Gujarat

New Delhi-based solar and waste-to-energy company SAEL Industries has commissioned 800 MW of solar projects at the Khavda Renewable Energy Park in Gujarat. The company...

January 23, 2026

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Parth Shukla

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Solar

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Utility Scale
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NTPC Invites Bids for 1 GWh Compressed Air Long-duration Energy Storage Projects

NTPC has invited expressions of interest (EoI) to develop a pilot or utility-scale project for a compressed air-based, including liquified air-based, long-duration...

January 23, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Climate Fintech Company Cloover Raises $1.2 Billion in Debt, Equity

Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...

January 23, 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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Data Center Firm Nxtra Increases Renewable Energy Use by 14.5% in FY 2025

Nxtra Data, Airtel’s data centre arm, has outlined its sustainability strategy and performance for the financial year (FY) 2025 in its Sustainability Report,...

January 23, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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Government to Infuse ₹50 Billion Equity Into SIDBI

The Union Cabinet has approved equity support of ₹50 billion (~$545.72 million) to the Small Industries Development Bank of India (SIDBI). SIDBI offers loans to micro,...

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Premier Energies Commissions 400 MW Solar Cell Manufacturing Line in Telangana

Hyderabad-based solar module and cell manufacturer, Premier Energies, has announced the commissioning of a 400 MW solar photovoltaic cell (Mono PERC) manufacturing...

January 23, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Gujarat Regulator Revises Commissioning Timelines for Renewable Energy Projects

The Gujarat Electricity Regulatory Commission (GERC) has allowed petitions filed by Gujarat Energy Transmission Corporation (GETCO) seeking amendments to the state’s...

January 23, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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GWEC: Asia-Pacific to Lead as Global Wind Capacity Heads Toward 2 TW by 2030

Asia-Pacific continues to drive global wind growth, led by China and India, as worldwide wind capacity is expected to surpass 2 TW by 2030, according to the Global Wind...

January 23, 2026

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Meghana Prasad

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Markets & Policy

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Wind
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Daily News Wrap-Up: Global Corporate Solar Funding Fell 16% YoY in 2025

The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024,...

January 23, 2026

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Mercom Staff

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Daily Wrap-up
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Solar Tender and Auction Activity Slumps in 2025

In 2025, tender announcements for utility-scale solar projects declined to nearly 44 GW, down 45% from 2024, according to Mercom India Research. During the year, around...

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Antimony Chalcogenide Solar Cell Efficiency Hits a New High of 10.7%

Researchers at the University of New South Wales (UNSW) Sydney have set a world record efficiency for solar cells based on antimony chalcogenide, achieving a certified...

January 23, 2026

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Meghana Prasad

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Solar

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Technology
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C&I Power Procurement Shifts to Open Access and Rooftop Solar Amid Rising Tariffs

Rising electricity tariffs and evolving regulations are pushing India’s commercial and industrial (C&I) consumers to rethink how they procure power. Businesses are...

January 23, 2026

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Rakesh Ranjan

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C&I

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Solar
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POWERGRID Invites Bids to Select Partner for 1.5 GWh BESS in Tamil Nadu

Power Grid Corporation of India (POWERGRID) has invited bids to set up 375 MW/1,500 MWh standalone battery energy storage systems (BESS) in seven locations in Tamil Nadu....

January 22, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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CIE India to Procure Power from Two Captive Solar Projects of 8.3 MW

Pune-based CIE Automotive India will procure power from two captive solar projects with a cumulative capacity of 8.3 MW being developed by AMPIN Energy in Maharashtra...

January 22, 2026

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Meghana Prasad

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Open Access

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Solar

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