storage

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CERC Drafts New Deviation Settlement Rules for Hybrid Power, Storage Projects

The Central Electricity Regulatory Commission (CERC) has proposed changes to the framework governing deviation settlement, infirm power injection, and payment timelines....

May 27, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Project Finance Brief: IPX Power Closes $4.95 Billion Solar and Storage Financing

From: Mercom Capital Group IPX Power, an independent power producer, has closed committed financing for the construction and operation of the Darden solar and battery...

May 27, 2026

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Renu

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Finance and M&A

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Other
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Daily News Wrap-Up: Storage Gains Ground in Kerala’s Residential Rooftop Solar

Kerala’s residential rooftop solar market saw a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard grid-connected...

May 21, 2026

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Mercom Staff

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Daily Wrap-up
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Kerala Begins Shifting Toward Solar-Plus-Storage as Rooftop Market Matures

Kerala’s residential rooftop solar market has seen a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard...

May 20, 2026

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar
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Project Finance Brief: Sunraycer Secures $901M for Solar and Storage Projects

From: Mercom Capital Group Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, closed a $901 million project financing facility to...

May 20, 2026

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Dibin DB

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Finance and M&A

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Other
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Levelized Cost of Solar-Plus-Storage Fell to $54-82/MWh in 2025: IRENA

Firm-levelized cost of energy (LCOE) for solar plus storage solutions fell to $54-82/MWh by 2025 in high-irradiance solar regions and strong wind corridors globally from...

May 19, 2026

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Melvin Mathew

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Energy Storage

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Markets & Policy

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Solar
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Project Finance Brief: Solar Landscape Secures $600 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million green-labeled senior debt warehouse facility to...

May 13, 2026

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Staff

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Finance and M&A

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Other
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Pricing Pressure Pushes Flux Power’s Revenue Down 61% YoY in Q3 FY 2026

Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the fiscal year (FY) 2026, down 60.7% year-over-year...

May 8, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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Lakshadweep Invites EoI for 2 MW Rooftop Solar with 5.5 MWh Battery Project

The Lakshadweep Electricity Department has invited expressions of interest for rate contracts and to empanel vendors for setting up a 2,107 kW rooftop solar project with...

May 6, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Tenders & Auctions
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Project Finance Brief: Matrix Renewables Secures $332 Million

From: Mercom Capital Group Matrix Renewables, an independent power producer, has secured £245 million (~$332 million) in non-recourse financing. The funding package was...

May 6, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Maharashtra Banking Curbs Make Storage Key for Solar

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

May 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Maharashtra Approves ₹123 Billion Clean Energy and Storage Program

The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...

April 30, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy

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Solar
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Project Finance Brief: Enviromena Secures $1.1 Billion for Solar Expansion

From: Mercom Capital Group U.K.-based Enviromena, an independent power producer, signed an £825 million (~$1.1 billion) senior portfolio financing package to support the...

April 29, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Elgin Secures $672 Million for Solar, Storage Pipeline

From: Mercom Capital Group Elgin, an integrated, utility-scale solar and storage independent power producer, secured up to £500 million (~$672 million) of funding from a...

April 22, 2026

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Staff

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Finance and M&A

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Other
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Evren Secures $600 Million for FDRE Project in Andhra Pradesh and Rajasthan

Renewable energy company Evren has secured approximately $600 million from lenders, including SMBC, Standard Chartered Bank, MUFG, DBS Bank, Crédit Agricole CIB, and BNP...

April 22, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy

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