Archive

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Mecpower Solutions, Navitas Solar Plan 5 GWh Storage Facility in Gujarat

Renewable energy infrastructure company Mecpower Solutions and solar module manufacturer Navitas Solar have announced plans to jointly establish a 5 GWh battery energy...

October 28, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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CERC Proposes Including Pump Storage Projects in High Price-Day Ahead Market

The Central Electricity Regulatory Commission (CERC) has proposed including pumped storage projects as an eligible category in the High Price-Day Ahead Market (HP-DAM)...

October 28, 2026

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Staff

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Energy Storage

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Market & Policy
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Karnataka Proposes 43.33% Renewable Purchase Obligation by FY 2030

The Karnataka Electricity Regulatory Commission (KERC) has proposed increasing the state’s Renewable Purchase Obligation (RPO) to 43.33% by the financial year (FY)...

October 28, 2026

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Arjun Joshi

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Market & Policy

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Other

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Renewable Energy
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NVVN Invites Bids for Rooftop Solar Projects in West Bengal and Bihar

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids under the Ministry of Home Affairs to install grid-connected rooftop solar projects in West Bengal and Bihar. The total...

October 28, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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China’s Solar Capacity Additions Drop 53.9% in 9M 2026

China added 110.83 GW of solar power capacity in the first nine months (9M) of 2026, down 53.9% year-over-year (YoY) from 240.27 GW, according to the latest electricity...

October 28, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Tata Motors to Deploy 3,000 Electric Trucks for Amazon’s Freight Operations

Tata Motors will deploy 3,000 of its electric trucks across India to support e-commerce company Amazon’s freight movement between facilities, within cities, and along...

October 28, 2026

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Parth Shukla

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EV

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Press Releases
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Waaree’s Q2 Revenue Up 24%, Aims to Expand US Module Plant Capacity to 4.8 GW

Solar module manufacturer Waaree Energies reported revenue from operations of ₹75.18 billion (~$783.13 million) in the second quarter (Q2) of the financial year (FY)...

October 28, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Violence, Line Disputes Delay India’s Transmission Growth

Beyond compensation and right-of-way disputes, power transmission developers are grappling with violence, vandalism, and intimidation that have halted construction,...

October 28, 2026

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Mercom Staff

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Daily Wrap-up
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CERC Approves Tariffs for SECI’s 1.2 GW Peak Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs of ₹6.27 (~$0.0659)/kWh and ₹6.28 (~$0.0660)/kWh for 1,200 MW of renewable energy projects with...

October 28, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy
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What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers,...

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Funding and M&A Roundup: Pivot Energy Secures $500 Million Credit Facility

From: Mercom Capital Group Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit...

October 28, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Akaysha Energy Secures $1.2 Billion

From: Mercom Capital Group Australian battery energy storage developer Akaysha Energy has refinanced its existing project-level debt through an A$1.75 billion (~$1.2...

October 28, 2026

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Staff

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Finance and M&A

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Other
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Solar’s Share in India’s Renewable Capacity Rises to 58% at the end of Q3 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW,...

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Saatvik Looks Beyond Solar to Inverters, Batteries, BESS, and Transformers: Interview

India’s solar manufacturing industry faces uncertainty over domestic sourcing requirements, growing pressure from U.S. trade restrictions, and competition from...

October 28, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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CERC Adopts Tariffs for 448 MW of FDRE Procurement

The Central Electricity Regulatory Commission (CERC) has approved the tariff for SJVN’s procurement of 448 MW of firm and dispatchable energy (FDRE) on a round-the-clock...

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