Daily Wrap-up

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Daily News Wrap-Up: TNGECL Names 1.5 GWh Battery Storage Auction Winners

Eagle Construction (Eagle Infra India) and OPG Power (OPG Power Ventures) won Tamil Nadu Green Energy Corporation’s (TNGECL) auction to set up seven standalone battery...

February 24, 2026

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Staff

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Daily Wrap-up

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Daily New Wrap-Up: Indian Policies Will Moderate Battery Storage Prices

Backed by a robust viability gap funding program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems (BESS)....

February 23, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India...

February 20, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: Solar and Battery Storage Lead C&I Shift to Clean Power

Commercial and industrial (C&I) entities, large institutions, and residential complexes are increasingly turning to clean power solutions that offer greater cost...

February 19, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: Developers Seek ALMM List-II Extension

With the June 1, 2026, deadline for mandatory sourcing of solar cells from the Approved List of Models and Manufacturers (ALMM) List-II fast approaching, solar...

February 18, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: China Export Rebate Cuts May Raise India’s Solar Costs

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for...

February 17, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: Hardi Hydro Wins 250 MW/500 MWh BESS Auction

Madhya Pradesh-based Hardi Hydro Energy won SJVN’s auction to set up 250 MW/500 MWh of standalone battery energy storage (BESS) systems at the 1,360 MW Panipat thermal...

February 16, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: India Posts Highest Solar Growth with 36.6 GW in 2025

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to...

February 13, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Pace Digitek Wins KREDL’s Solar-BESS Project

Pace Digitek won Karnataka Renewable Energy Development’s (KREDL) auction to set up a 250 MW solar project with a 250 MW/1,100 MWh battery energy storage system (BESS)...

February 12, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: CERC Sets NHPC FDRE Tariffs, Cuts Greenshoe to 600 MW

The Central Electricity Regulatory Commission partly approved the adoption of tariffs discovered through a competitive bidding process for firm and dispatchable...

February 11, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: The Role of VGF and LCOS in India’s BESS Transition

Bid prices in the battery energy storage system (BESS) market are declining sharply, driven by viability gap funding (VGF) support and intense competition. While VGF has...

February 10, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Union Budget 2026 Pushes for Stable Renewables

The Union Budget 2026 provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean...

February 9, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SECI Announces Winners for 4.8 GWh FDRE Auction

Adyant Enersol (Datta Infra), Serentica Renewables India, AMPIN Energy Utility Nine (AMPIN Energy Transition), and ACME Solar Holdings have won Solar Energy Corporation...

February 6, 2026

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Mercom Staff

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Daily Wrap-up

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Daily News Wrap-Up: Aggressive Bidding Challenges India’s BESS Development

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies...

February 5, 2026

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Melvin Mathew

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Daily Wrap-up
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Daily News Wrap-Up: CSERC Clarifies DSM Charges for Open Access Consumers

The Chhattisgarh State Electricity Regulatory Commission (CSERC) issued clarifications on the applicability of wheeling and Deviation Settlement Mechanism (DSM) charges...

February 4, 2026

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Mercom Staff

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Daily Wrap-up

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