battery

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Funding and M&A Roundup: Residential Solar Company SunPower Acquires Ambia Solar

From: Mercom Capital Group SunPower, a solar technology, services, and installation company, completed the acquisition of Ambia Solar, a solar panel installation company...

December 3, 2025

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Staff

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Solar
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EV Solutions Firm Neuron Energy Raises ₹310 Million in Pre-Series B Funding

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has raised ₹310 million (~$3.47 million) in a pre-series B round to expand its battery manufacturing...

November 28, 2025

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Melvin Mathew

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Energy Efficiency

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Energy Storage
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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 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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India’s First 3 MWh Vanadium Flow Battery Project Commissioned at NTPC NETRA

India’s first MWh-scale Vanadium Redox Flow Battery (VRFB) project has been commissioned by NTPC at its research and development center, the NTPC Energy Technology...

November 12, 2025

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Meghana Prasad

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Energy Storage

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Market & Policy
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Amara Raja’s Revenue Grows 6.6% in Q2 on Strong OEM, Aftermarket Demand

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.67 billion (~$390.85 million) in the second quarter (Q2) of the financial year (FY) 2026, a 6....

November 7, 2025

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Staff

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Energy Storage

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Market & Policy
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KPI Green Bags LoI for 600 MW Solar Plus Storage Project from FVE Lifecare

Surat-based renewable energy solutions provider KPI Green Energy has received a letter of intent (LoI) from UAE-based FVE Lifecare General Trading, part of the F Plus...

October 29, 2025

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Arjun Joshi

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Solar

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Utility Scale
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Daily News Wrap-Up: Will Antidumping Duties Boost Solar Investment in India?

The recent recommendation by the Directorate General of Trade Remedies (DGTR) to impose an antidumping duty of up to 30% on Chinese solar cells is likely to boost the...

October 14, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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China Tightens Curbs on Export of Lithium-ion Battery Components

China has announced new export control measures on multiple components used in the manufacturing of lithium-ion batteries and cathode materials, according to the...

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India Added 48.4 MWh of Energy Storage Capacity in 1H 2025

India added 48.4 MWh of energy storage capacity in the first half (1H) of 2025, a 74% decline from 186 MWh added in the same period last year, according to the newly...

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Government Notifies Guidelines for Charging Stations Under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has notified operational guidelines for deploying electric vehicle (EV) public charging stations under the PM Electric Drive...

October 3, 2025

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Staff

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Electric Vehicles

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Market & Policy
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Government Allows 4-Hour, 1-Cycle BESS Operation, Industry Welcomes Move

The Ministry of Power has allowed states to implement standalone battery energy storage system (BESS) projects under viability gap funding (VGF), supported by the Power...

October 3, 2025

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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MNRE Issues Draft Guidelines for Storage Battery Testing and Approval

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval of storage batteries for compulsory registration with the Bureau of...

September 30, 2025

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Staff

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Energy Storage

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Market & Policy
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MENA Weekly Round-Up: Infinity to Develop 1.2 GW Solar-Storage Project in Egypt

Egypt-headquartered renewable energy company, Infinity Power, is likely to secure a 1,200 MW solar power project with battery storage in the country. Of the total...

September 30, 2025

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Melvin Mathew

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Energy Storage

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Solar
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Battery Manufacturer Xbattery Raises $2.3 Million in Seed Funding

Hyderabad-based battery manufacturer Xbattery has raised $2.3 million (~₹203.95 million) in seed funding from Bipin Patel Family Office, with participation from Jhaveri...

September 25, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Price Arbitrage Remains Key Use Case for Battery Capacities: EIA

At the end of 2024, price arbitrage was the leading use of utility-scale batteries, accounting for 43% in the California Independent System Operator (CAISO) and about...

September 24, 2025

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Melvin Mathew

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Energy Storage

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