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Mercom Calls for 1,000 GW 10-Year Solar Roadmap to Support India’s Energy Transition

India must set enhanced solar energy targets to provide long-term demand visibility for manufacturers, developers, investors, and financiers, and to support infrastructure development, transmission rollout, and resource planning, ...

July 2, 2026

Energy Storage

Project Structuring, Supply Chain Depth Key for Better Storage Deployment

Battery energy storage deployment in India might be expanding at scale, but the market still needs better project structuring, realistic tariffs, supply chain localization, and clearer revenue mechanisms to support long-term growt...

July 2, 2026

Energy Storage

A Bankable Storage Ecosystem Needs Better Market Design, Local Manufacturing

India’s battery energy storage market will require stronger market design, phased domestic manufacturing, better monetization mechanisms, and continued policy support to build a bankable ecosystem capable of supporting the c...

July 2, 2026

Renewable Energy

Pralhad Joshi Calls for Promoting Circular Economy in Renewable Energy Sector

Union Minister for New and Renewable Energy (MNRE) Pralhad Joshi has emphasized the importance of India developing a circular economy for clean energy technologies during his address at the Mercom India Renewables Summit 2026. He ...

July 2, 2026

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NLC India Invites Bids to Lease 3,000 Acres in Rajasthan for Solar Projects

NLC India has invited bids to lease 3,000 acres of land in Rajasthan for the development of solar projects. Bids must be submitted by August 1, 2026. Bids will be opened the same day. Bidders must submit an earnest money deposit of ₹10.76 million...

July 2, 2026

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Renfra Energy Files Draft Papers for ₹4.3 Billion Initial Public Offering

Tamil Nadu-based renewable energy solutions provider Renfra Energy India has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), comprising ₹4.3...

July 2, 2026

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NHPC Announces Winners of Auction for 1.2 GW Solar Projects in Uttar Pradesh

NHPC has announced the winners of the auction for 1,200 MW of solar projects at the Jalaun Solar Power Park in Uttar Pradesh. Bundelkhand Saur Urja (BSUL), a joint venture of NHPC and Uttar Pradesh New and Renewable Energy Development Agency, is...

July 2, 2026

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Adar Poonawalla Family Office Invests ₹7 Billion in Inox Clean

Inox Clean Energy has announced that the Adar Poonawalla Family Office, through Rising Sun Holdings, has invested ₹7 billion (~$73.5 million) into the renewable energy platform, valuing the firm at ₹700 billion (~$7.35 billion). The investment...

July 2, 2026

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ADB Approves $160 Million Loan for Bhutan’s Solar Expansion

The Asian Development Bank (ADB) has approved a $160 million loan for Bhutan under the Solar Farm Expansion Project to help the South Asian nation expand its solar power capacity, modernize its electricity grid, and support private-sector...

July 2, 2026

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Maharashtra Tenders 807 MW of Floating Solar, 807 MWh of Energy Storage

The Maharashtra Krishna Valley Development Corporation (MKVDC) has issued an expression of interest to set up 807 MW of floating solar projects, with 403 MW/807 MWh of battery energy storage systems (BESS), on reservoirs, on a public-private...

July 2, 2026

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