Other

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Punjab Issues Draft Banking Guidelines for Green Energy Open Access Consumers

The Punjab State Power Corporation (PSPCL) has issued a draft procedure governing the banking of renewable energy for green energy open access (GEOA) consumers under the...

November 18, 2025

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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MENA Weekly Round-Up: Kuwait to Add Battery Storage to Ease Power Shortages

Kuwait is negotiating a major battery storage project with a discharge capacity of up to 1.5 GW and a total energy storage capacity of between 4 GWh and 6 GWh to...

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Daily News Wrap-Up: Andhra Pradesh Unveils 1.2 GW Rooftop Solar Auction Winners

The New and Renewable Energy Development Corporation of Andhra Pradesh announced the 22 winners of its 1.2 GW rooftop solar auction to set up projects under the PM Surya...

November 18, 2025

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Mercom Staff

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Daily Wrap-up
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SMA Solar’s 9M Revenue Up 7% on Large Scale Business Segment Growth

Germany-based solar energy equipment supplier SMA Solar Technology reported revenue of €1.13 billion (~$1.31 billion) for the first nine months (9M) of 2025, a 7%...

November 18, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Adani Green to Develop 2.7 GW Pumped Storage Projects in Assam

Adani Green Energy (AGEL) will invest approximately ₹150 billion (~$1.7 billion) to set up two pumped storage projects (PSP) with a combined capacity of 2,700 MW in...

November 17, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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Robust Order Execution Drives Inox Wind’s Revenue Up 56% YoY in Q2 FY 2026

Wind energy solutions provider Inox Wind reported a revenue of ₹11.62 billion (~$131.12 million) in the second quarter (Q2) of the financial year (FY) 2026, a 56%...

November 17, 2025

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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: KPI Green Energy Bags SJVN’s 200 MW EPC Solar Auction

Surat-based renewable energy solutions provider KPI Green Energy signed contracts with SJVN for the engineering, procurement, and construction of a 200 MW solar project...

November 17, 2025

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Melvin Mathew

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Daily Wrap-up
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Assam Approves APDCL’s Procurement of 1 GW Pumped Hydro Storage

The Assam Electricity Regulatory Commission (AERC) has approved the Assam Power Distribution Company’s (APDCL) proposal to procure 1,000 MW of pumped hydro storage...

November 17, 2025

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Meghana Prasad

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Market & Policy

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Renewable Energy
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Global Renewable Capacity to Reach 4,600 GW by 2030, Driven Mostly by Solar: IEA

The World Energy Outlook 2025, published by the International Energy Agency (IEA), has thrown light on how new vulnerabilities in electricity systems and mineral supply...

November 17, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Plug Power Posts Higher Electrolyzer Sales in Q3, Loss Widens

Hydrogen fuel cell solutions provider Plug Power’s revenue went up by 1.89% year-over-year (YoY) to $177 million in the third quarter (Q3) of the financial year 2025,...

November 17, 2025

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Meghana Prasad

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Finance and M&A

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Other
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IndiGrid Board Approves Capital Raise of Up to ₹15 Billion

IndiGrid Investment Managers (IIML), the investment management arm of IndiGrid, a Mumbai-based power transmission and renewable energy company, has approved a board...

November 14, 2025

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Meghana Prasad

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Finance and M&A

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Grid

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Other
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Daily News Wrap-Up: Union Cabinet Approves Royalty Rates for Critical Minerals

The Union Cabinet approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks containing...

November 14, 2025

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Mercom Staff

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Daily Wrap-up
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FTC Solar Beats Analysts’ Expectation in Q3, Revenue Up 157% YoY

U.S.-based solar tracker company FTC Solar’s revenue surged 156.8% year-over-year (YoY) to $26.03 million in the third quarter (Q3) of 2025, from $10.14 million,...

November 14, 2025

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Arjun Joshi

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Finance and M&A

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Other
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NCRTC Installs 28 Solar Panels on Rail Tracks at Duhai Depot in Ghaziabad

The National Capital Region Transport Corporation (NCRTC) has implemented an innovative ‘Solar on Track’ project at the Namo Bharat Depot in Duhai, Ghaziabad, where...

November 13, 2025

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B.S. Nagaraj

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Press Releases

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Solar
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Waaree Energy Storage Raises ₹3.25 Billion in Funding Round Led by Niveshaay

Waaree Energy Storage Systems, the battery energy storage arm of Waaree Energies, has raised ₹3.25 billion (~$36.65 million) as part of a ₹10 billion (~$112.78 million)...

November 13, 2025

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Arjun Joshi

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Energy Storage

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Finance and M&A

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