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Latest posts
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GERC Rejects Plea to Extend Commissioning Time for 4 MW Solar Project
The Gujarat Electricity Regulatory Commission (GERC) has rejected a petition seeking an extension of the commissioning deadline for its 4 MW solar project in Kheda district, Gujarat.
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Kerala Textile Firm Targets 50% Electricity Savings with Rooftop Solar
For textile businesses, electricity is a recurring operational expense. Rooftop solar installations can help such businesses reduce their dependence on grid electricity, lower power bills, and improve long-term cost predictability. By generating electricity at their premises,…
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Sunraycer Renewables Acquires 325 MW of Solar Projects in the US
Sunraycer Renewables, an independent power producer and a portfolio company of Crayhill Capital Management, has acquired two…
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Candi Solar and Pentagreen to Fund 400 MW Solar-Plus-Storage Projects
Clean energy company Candi Solar has announced a $50 million partnership with Pentagreen Capital to finance 400 MW of solar and battery energy storage projects in India. The partnership aims to expand access to clean energy for small and medium-sized enterprises (SMEs). It will…
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Websol Posts 115% Jump in Q2 Revenue, Announces Foray into EPC Business
Solar cell and module manufacturer Websol Energy System reported a revenue from operations of ₹3.61 billion (~$38.16 million) in the second quarter (Q2) of the financial year (FY) 2027, up 114.6% year-over-year (YoY) from ₹1.68 billion (~$17.76 million).
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SOLV Energy Acquires Texas Battery Storage Contractor ASB Energy Services
SOLV Energy has acquired Texas-based ASB Energy Services, a contractor specializing in substation foundations, civil construction, and…
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NHPC Invites Bids for Battery Storage Projects in Uttar Pradesh
NHPC has invited bids to set up battery energy storage systems and supply solar-plus-battery storage power at the Jalaun Solar Park in Uttar Pradesh.
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Green Genius Raises $72.5 Million Through Green Bond Issue
Listen to this article Renewable energy project developer Green Genius has completed a €65 million (~$72.5 million) green bond issue to refinance existing subordinated construction
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ARRAY Technologies, Shoals Technologies Agree to Stock-for-Stock Merger
Listen to this article ARRAY Technologies, a provider of solar tracking technology and fixed-tilt products and foundation solutions, and Shoals Technologies Group, a provider of
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Battery Storage, Hybrid Projects Dominate Renewable Auctions in Q3 2026
Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing, green hydrogen, and rooftop solar projects in the third quarter (Q3) of 2026, according to Mercom India’s newly…
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Premier Energies’ Q2 Revenue Surges 43% Amid Capacity Expansion
Solar cell and module manufacturer Premier Energies reported a revenue of ₹26.32 billion (~$278.25 million) in the second quarter (Q2) of the financial year (FY) 2027, a 43.3% year-over-year (YoY) increase from ₹18.37 billion (~$194.21 million).
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Daily News Wrap-Up: India’s Q3 Solar Generation Rises Nearly 49%
India generated approximately 56.9 billion units of solar electricity in the third quarter (Q3) of 2026, up 48.6% year-over-year (YoY) from 38.3 billion units (BU), according to Central Electricity Authority data. However, generation declined 9.4% quarter-over-quarter (QoQ) from…
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Energy Management Software Can Improve Battery Storage Economics: Interview
India’s growing renewable energy capacity is creating opportunities for battery energy storage systems (BESS), particularly as developers and consumers seek to manage intermittent generation, reduce electricity costs, and meet peak-hour demand.
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Flux Power’s Q1 Revenue Drops 49% on Higher Interest Rates and Fuel Prices
Lithium-ion energy storage solutions provider Flux Power reported revenue of $6.76 million in the first quarter (Q1) of fiscal year (FY) 2027, down 48.7% year-over-year (YoY) from $13.18 million.
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Over 16% of New US Utility-Scale Solar Co-Located with Battery Storage in 2026
Listen to this article More than 16% of the utility-scale solar capacity added in the U.S. through September 2026 was co-located with operational battery energy
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Higher Surcharge Could Erode Savings for Telangana’s Open Access Consumers
The Telangana Electricity Regulatory Commission (TGERC) has increased the additional surcharge on eligible open access consumers from ₹0.13 (~$0.00137)/kWh to ₹0.82 (~$0.00865)/kWh, raising concerns over the cost competitiveness of third-party renewable energy procurement in the…
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Government Approves ₹28 Billion Program for Lithium and Nickel Processing
The Union Cabinet has approved a ₹28.14 billion (~$297.06 million) capital expenditure (CAPEX) support program to promote domestic processing of lithium, nickel and other critical minerals.These minerals find use in sectors such as electric mobility, battery energy storage,…
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Cabinet Approves ₹145 Billion Viability Gap Funding for 92 GWh Energy Storage
The Union Cabinet has approved a ₹145 billion (~$1.53 billion) viability gap funding (VGF) program to support the development of 92 GWh of grid-scale energy storage capacity across India between the financial years (FY) 2027 and 2031.
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CERC Rules 81% Wind Share Does Not Exempt Project from Hybrid DSM Regulations
The Central Electricity Regulatory Commission (CERC) has rejected a petition seeking to classify a 160 MW blended wind and solar power project in Karnataka as a wind generating station for calculating deviation settlement charges.
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Month in a Minute: Top Headlines from the Indian Renewable Sector in October 2026
Listen to this article Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached