Author: Melvin
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...
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....
Solar module manufacturer Waaree Energies’ revenue from operations for the third quarter (Q3) of FY 2026 rose 118.8% year-over-year (YoY) to ₹75.65 billion (~$826.77...
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,...
The global energy storage market grew 43% year over year in 2025, adding 106 GW of new capacity worldwide, a significant increase from 73 GW in 2024, according to Wood...
Despite regulatory shifts in Maharashtra, solar projects in the state remain financially attractive, with industry experts noting payback periods of 3 to 4 years and...
Rajasthan-based smart metering solutions and services provider Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in...
Solar energy financing firm, Aerem Solutions, has raised $15 million (~₹1.36 billion) in a pre-series B funding round led by SMBC Asia Rising Fund, the venture capital...
Topsun Energy has won Power Grid Corporation of India’s (PGCIL) auction for providing engineering, procurement, and construction services for a 2.1 MW off-grid solar...
With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more...
Bhakra Beas Management Board (BBMB) has invited expressions of interest (EoI) to develop 4,300 MW pumped storage projects in Himachal Pradesh. The last date to submit...
Power Grid Corporation of India (POWERGRID) has floated two tenders for engineering, procurement, and construction (EPC) of standalone battery energy storage systems...
Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) signed a $30 million financing package to develop a 300 MW solar power plant and 75 MWh...
NHPC, on behalf of Bundelkhand Saur Urja, has floated bids to develop power evacuation infrastructure for the 1.2 GW Jalaun Solar Park in Uttar Pradesh. Bundelkhand Saur...
Bokaro Power Supply Company (BPSCL) has invited bids for the operation and maintenance (O&M) of 2 MW of rooftop solar projects across various buildings inside and...
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Melvin Mathew, Staff reporter at Mercom India














