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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Bloom Energy Revenue Jumps 165% YoY in Q2, Beats Analysts’ Expectations

Fuel cell and electrolyzer manufacturer Bloom Energy reported a record revenue of $1.07 billion in the second quarter (Q2) of 2026, a 165.5% year-over-year (YoY)...

July 31, 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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Cabinet Clears ₹50 Billion PM Surya Sarovar Floating Solar-Storage Program

The Union Cabinet has approved the Pradhan Mantri Surya Sarovar Yojana, a ₹50.7 billion (~$530.20 million) program to develop 5 GW of floating solar projects with...

July 31, 2026

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Melvin Mathew

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Floating Solar

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Markets & Policy

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Solar
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ACME’s Revenue Up 68% in Q1 on Higher Electricity Sales

Gurugram-based independent power producer ACME Solar Holdings reported a revenue of ₹8.58 billion (~$90.8 million) in the first quarter (Q1) of the financial year (FY)...

July 31, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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HESCOM Floats Tender for 303.5 MW of Feeder-Level Solar Projects Under CM-SKY

Hubballi Electricity Supply Company (HESCOM) has invited bids to develop 303.5 MW of distributed solar projects to solarize agricultural feeders under Karnataka’s...

July 30, 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: Egypt Secures $391 Million for Wind Power Transmission

Egypt  attracted an investment of EGP20 billion ($391 million) from an Egyptian-Emirati consortium to develop a high-voltage transmission line. The infrastructure will...

July 30, 2026

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Melvin Mathew

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Renewable Energy

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Solar

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Wind
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MahaGenco REL Invites EoIs for Green Hydrogen and Ammonia Offtake

Mahagenco Renewable Energy (MahaGenco REL), a wholly owned subsidiary of Maharashtra State Power Generation Company, has invited expressions of interest for offtake of...

July 29, 2026

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions
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MNRE Allows DISCOMs to Use Surya Ghar Funds for Energy Storage Projects

The Ministry of New and Renewable Energy (MNRE) has said distribution companies (DISCOMs) may use funds remaining with them under the ‘Incentives to DISCOMs’ component...

July 29, 2026

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Melvin Mathew

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Markets & Policy

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Rooftop

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Solar
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UERC Rejects Plea to Restore Benchmark Charge for Battery Storage Projects

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected Uttarakhand Jal Vidyut Nigam’s (UJVN) petition seeking restoration of the earlier benchmark...

July 29, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy
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India’s Renewable Energy Sector Attracts $3 Billion in FDI in FY 2026

India’s renewable energy sector attracted foreign direct investment (FDI) inflows of $3.02 billion (~₹264.12 billion) during the financial year (FY) 2026. Although this...

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Grid Integration and Solar Manufacturing Shape India’s Renewable Policies in Q2

India’s renewable energy landscape continued to evolve in the second quarter (Q2) of 2026, with policy measures placing greater emphasis on grid integration,...

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Emerge Renewables Begins Commissioning 300 Ton Solar Glass Plant

Emerge Renewables has announced the successful furnace light-up of its 300 metric tons-per-day solar glass manufacturing facility in the Keshwana Industrial Area in...

July 28, 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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AKME Fintrade Launches Platform for EV and Renewable Energy Financing

AKME Fintrade (India), a Reserve Bank of India-regulated non-banking financial company, has partnered with Finayo to launch AKME GreenX, a green finance platform...

July 28, 2026

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Melvin Mathew

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EV

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Finance and M&A

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Renewable Energy

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Solar
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ENGIE Achieves Financial Closure for 250 MW Khaba Solar Project

Energy solutions provider ENGIE India has secured approximately ₹9.82 billion (~$102.29 million) in financing for its 250 MW Khaba Solar Project in Barmer, Rajasthan....

July 28, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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MahaGenco Issues Consultancy Tender for DPR of 2.2 GW Pumped Storage Projects

Mahagenco Renewable Energy (MahaGenco REL) has invited bids to prepare detailed project reports (DPR) for two pumped storage power projects with a combined capacity of 2,...

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IEX Revenue Rises 11% in Q1 FY 2027 as Power Trading Volume Grows

The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.58 billion (~$16.33 million) in the first quarter (Q1) of the financial year (FY) 2027, an 11.4%...

July 27, 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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