Author: Melvin

About Melvin

Melvin Mathew, Staff reporter at Mercom India More articles from Melvin Mathew.
Melvin Mathew Melvin Mathew is a staff reporter at Mercom India. Before joining Mercom, , he was a city-beat reporter for the Bangalore Mirror. He holds a bachelor's degree in English, Journalism, and Psychology from St Joseph’s University, Bengaluru.More articles from Melvin Mathew
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ACME Solar Refinances ₹21.5 Billion Debt to Redeem Offshore Dollar Bonds

Renewable energy company ACME Solar Holdings has completed the refinancing of ₹21.47 billion (~$225.01 million) of debt by redeeming existing non-convertible debentures...

August 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the...

August 12, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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MENA Weekly Round-Up: BYD Energy Wins 5.2 GW Solar, 19 GWh Storage Project

BYD Energy Storage secured a major contract from Masdar to supply battery energy storage systems for the round-the-clock (RTC) renewable energy project in Abu Dhabi....

August 12, 2026

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Melvin Mathew

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Energy Storage

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Solar
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Bihar Draft Grid Code Proposes Primary Frequency Response for Renewables

The Bihar Electricity Regulatory Commission (BERC) has proposed that wind and solar projects with battery energy storage systems (BESS), with capacities above 10 MW and...

August 11, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Dilip Buildcon to Sell Stakes in Under-Construction Solar, Transmission Projects

Engineering, procurement and construction company Dilip Buildcon’s board of directors has approved the divestment of its stakes in an under-construction solar...

August 11, 2026

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Melvin Mathew

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Solar

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T&D
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Daily News Wrap-Up: Energy Storage Funding Drops 2% YoY in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across...

August 11, 2026

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Melvin Mathew

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Daily Wrap-up
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Tracker Firm FTC Solar Enters Indian Market Amid 31% Revenue Jump in Q2

U.S.-based solar tracker company FTC Solar reported revenue of $26.2 million in the second quarter (Q2) of 2026, up 31% year-over-year (YoY) from $20 million. Revenue...

August 11, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Renewable Manufacturing Needs a New Generation of Skilled Engineers: Interview

India’s renewable energy ambitions are creating demand for a new generation of engineers, researchers, and manufacturing professionals with specialized skills....

August 10, 2026

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Melvin Mathew

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Manufacturing

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Solar
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India’s Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030,...

August 10, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY)...

August 7, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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River Mobility Raises $120 Million in Series C Funding

Electric two-wheeler manufacturer River Mobility has raised $120 million (~₹11.4 billion) in a Series C funding round led by Elev8 Venture Partners and Claypond Capital....

August 7, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Aegeus Technologies’ Initial Public Offering Oversubscribed 24 Times

Robotic solar module cleaning equipment supplier Aegeus Technologies’ ₹237 million (~$2.49 million) initial public offering (IPO) was subscribed 24.33 times at the end...

August 6, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Tamil Nadu Announces PM Surya Ghar Rooftop Solar Subsidy of Up to ₹100,000

The Tamil Nadu government has announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to...

August 6, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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New Research Improves Day-Ahead Solar Forecasting Accuracy by 13%

Researchers at North Carolina State University have demonstrated techniques that improved day-ahead solar power forecasting by up to 13% compared with the most...

August 5, 2026

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Melvin Mathew

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Solar

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Technology
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SECI Invites EoIs for Geothermal Projects in Andaman & Nicobar

The Solar Energy Corporation of India (SECI) has invited expressions of interest (EoIs) for geothermal resource assessment and development in the union territory of...

August 5, 2026

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions

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