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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Battery Storage, Hybrid Projects Dominate Renewable Auctions in Q3 2026

Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing,...

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Flux Power’s Q1 Revenue Drops 49% on Higher Interest Rates and Fuel Prices

Lithium-ion energy storage solutions provider Flux Power reported revenue of $6.76 million in the first quarter (Q1) of fiscal year (FY) 2027, down 48.7% year-over-year...

November 5, 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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Government Approves ₹28 Billion Program for Lithium and Nickel Processing

The Union Cabinet has approved a ₹28.14 billion (~$297.06 million) capital expenditure (CAPEX) support program to promote domestic processing of lithium, nickel and...

November 4, 2026

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Melvin Mathew

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Energy Storage

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EV

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Markets & Policy
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Türkiye Awards 785 MW of Solar Capacity in YEKA Auction

Türkiye’s Ministry of Energy and Natural Resources has awarded 785 MW of solar capacity across 11 projects under the Yenilenebilir Enerji Kaynak Alanları (YEKA GES) 2026...

November 4, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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MENA Weekly Round-Up: Enerjisa to Develop 30 MW Solar Project in Türkiye

Enerjisa Enerji Üretim, a joint venture involving Türkiye’s Sabanci Holding and Germany’s E.ON, plans to invest approximately TRY438 million (~$830.94 million) in a 30...

November 4, 2026

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Melvin Mathew

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Energy Storage

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Solar
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IEX’s Green Power Trading Volume Declines 30% in October

The Indian Energy Exchange (IEX)’s Green Market, comprising the Green Day Ahead Market (G-DAM) and Green Term Ahead Market, registered 738 million units (MU) in October...

November 3, 2026

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Melvin Mathew

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Market & Policy

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Renewable Energy

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T&D
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CERC Extends Start Date for 198 MW Wind Project to Claim ISTS Charges Waiver

The Central Electricity Regulatory Commission (CERC) has extended the scheduled commercial operation date (SCOD) for a 198 MW wind project in Karur, Tamil Nadu, to...

November 3, 2026

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Melvin Mathew

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Markets & Policy

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Wind
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Saatvik Green Begins Production at 1.3 GW Solar Module Facility in Odisha

Saatvik Green Energy, through its wholly owned subsidiary Saatvik Solar Industries, has commenced commercial production at the first phase of its solar module...

November 3, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Two Point O Capital Raises $10 Million to Expand Clean Energy Portfolio

Clean energy deployment platform for commercial and industrial businesses, Two Point O Capital, has raised $10 million (~₹949 million) in a funding round led by...

November 2, 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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Central Power Regulator Approves Tariffs for 400 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 400 MW of interstate transmission system (ISTS)-connected solar projects. The Commission...

November 2, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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SJVN’s Net Profit Doubles as Revenue Surges 117% in Q2 FY 2027

Government-owned power generation company SJVN reported a consolidated revenue from operations of ₹22.44 billion (~$236.38 million) in the second quarter (Q2) of the...

November 2, 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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Solar Cell Manufacturing Capacity Under ALMM-II Grows to 45 GW

The Ministry of New and Renewable Energy (MNRE) has added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II,...

October 30, 2026

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Melvin Mathew

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Manufacturing

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Markets & Policy

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Solar
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Strong Tracker Demand Lifts Nextpower’s Q2 Revenue by 23%

U.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in the second quarter (Q2) of fiscal year (FY) 2027, up 22....

October 30, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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IEX’s Q2 Revenue Rises 8% as Electricity Trading Volumes Grow

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year...

October 29, 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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APGENCO Invites Bids to Supply Solar Modules for 400 MW Solar Project

Andhra Pradesh Power Generation Corporation (APGENCO) has invited bids to supply solar modules for its 400 MW grid-connected solar power project in Anantapuramu district,...

October 29, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions

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