Archive

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Navitas Solar Secures $20 Million to Expand into Solar Cell Manufacturing

Surat-based solar module manufacturer Navitas Solar has secured growth capital of up to $20 million from Switzerland-based impact asset manager responsAbility and plans...

October 22, 2026

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Parth Shukla

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Finance and M&A

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Manufacturing

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Solar
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CTUIL Sets Four-Hour Battery Storage Requirement for Grid Connectivity

The Central Transmission Utility of India (CTUIL) has set a minimum discharge duration of four hours for specific battery energy storage system connectivity applications...

October 22, 2026

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Parth Shukla

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Grid

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Market & Policy
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Gujarat Regulator Notifies Battery Energy Storage Regulations

The Gujarat Electricity Regulatory Commission (GERC) has notified the Grid Interactive Battery Energy Storage System Regulations, 2026, establishing a framework for the...

October 22, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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India’s Downstream Battery Storage Manufacturing Capacity Reaches 86 GWh

India’s operational battery energy storage manufacturing capacity is heavily concentrated in downstream manufacturing, which accounts for 92% of the total, while...

October 22, 2026

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Parth Shukla

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Energy Storage

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Mercom Research Focus
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Daily News Wrap-Up: Transmission Roadblocks Threaten Renewables Expansion

Greater visibility into transmission readiness, earlier identification of potential delays, and closer coordination between generation and network development could help...

October 22, 2026

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Melvin Mathew

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Daily Wrap-up
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Rooftop Solar Offers Significant Savings Potential for Uttar Pradesh Industries

Commercial and industrial (C&I) consumers in Uttar Pradesh could substantially reduce electricity costs through rooftop solar, with an estimated levelized cost of...

October 22, 2026

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Melvin Mathew

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C&I

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C&I

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Rooftop

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Solar
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Gujarat Regulator Bars Termination of PPA for Delayed 280 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Urja Vikas Nigam (GUVNL) from terminating its power purchase agreement (PPA) for the...

October 22, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Haryana Power Purchase Centre Invites Bids for Solar Plus Storage Projects

The Haryana Power Purchase Centre, a joint forum created by the Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam, has invited bids to develop...

October 22, 2026

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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Higher Electricity Sales Drive Adani Green’s Q2 Revenue Up 42% YoY

Adani Green Energy (AGEL) reported consolidated revenue from operations of ₹42.58 billion (~$449.08 million) in the second quarter (Q2) of the financial year (FY) 2027,...

October 22, 2026

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Arjun Joshi

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Finance and M&A

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Other
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CERC Allows Transmission Charge Waiver for 50 MW Wind-Solar Hybrid Project

The Central Electricity Regulatory Commission (CERC) has allowed a 50 MW wind-solar hybrid project to retain its eligibility for a 100% waiver of interstate transmission...

October 21, 2026

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Arjun Joshi

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Markets & Policy

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Solar

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Wind
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Haryana Government’s Pushback Puts Parallel Power Distribution in Spotlight

The Haryana government’s opposition to the state electricity regulator’s recent decision to grant a parallel distribution license to a private entity has stoked the...

October 21, 2026

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B.S. Nagaraj

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Grid

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Market & Policy

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Mercom Research Focus
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IREDA’s Q2 Revenue Rises 14% on Sustained Renewable Energy Financing

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹23.45 billion (~$247.33million) in the second quarter...

October 21, 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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Rajasthan Regulator Orders Settlement of Solar Developer’s DSM Dues

The Rajasthan Electricity Regulatory Commission (RERC) has directed the Rajasthan State Load Despatch Centre (SLDC) to reconcile and facilitate payment of outstanding...

October 21, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Transrail Lighting to Acquire 49% Stake in 990 MW Solar Portfolio

Power transmission-focused engineering, procurement, and construction (EPC) company Transrail Lighting is acquiring a 49% equity stake in NOPL Pace Green Energy, which...

October 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Telangana Regulator Rules Grid Support Charges Must Be Capacity-Based

The Telangana Electricity Regulatory Commission (TGERC) has clarified that grid support charges (GSC) for co-located captive power projects (CPPs) must be calculated on...

October 21, 2026

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Rakesh Ranjan

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Grid

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Market & Policy

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