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GUVNL Announces Winners of 250 MW Wind Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to procure power from 250 MW of grid-connected wind projects (Phase-XI). NLC India Renewables, Juniper Green Energy, and Powerica bagged 100 MW, 50 MW, and ...

July 10, 2026

Mercom Research Focus

Higher Capacity Battery Cells Are Reshaping the Energy Storage Ecosystem

For much of the past decade, innovation focused on improving cell chemistry and lowering manufacturing costs. Today, the industry’s focus is shifting from cell-level performance to system-level optimization. The move toward ...

July 10, 2026

Markets & Policy

Industry, Academia Must Collaborate to Bridge Renewable Energy Talent Gap

India’s renewable energy industry is expanding rapidly, but the availability of job-ready talent has not kept pace with the sector’s growth, panelists said at the Mercom India Renewables Summit 2026. Speaking at the session “Bridg...

July 13, 2026

Manufacturing

R&D Key to Next Phase of India’s Solar Growth, Global Competitiveness

India’s solar manufacturing industry has rapidly expanded over the past few years, driven by supportive government policies and growing domestic demand. However, industry leaders believe the next phase of growth will depend ...

July 10, 2026

Latest News

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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler, Alteria Capital, IAN Capital, Climate Angels, and Aureolis Capital were among the...

July 13, 2026

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ReNew, Mitsui Ink $730 Million Refinancing for 320 MW RTC Project

Decarbonization solutions company ReNew and Japan’s Mitsui have inked a $730 million (~₹69.53 billion) multi-currency refinancing for its 320 MW round-the-clock (RTC) renewable energy project in Tamil Nadu. Societe Generale Corporate and Investment...

July 13, 2026

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Avaada Electro Commissions 3 GW Line at 6 GW TOPCon Solar Cell Plant

Avaada Electro, the solar manufacturing arm of Avaada Group, has commissioned the first 3 GW production line at its planned 6 GW N Type Tunnel Oxide Passivated Contact (TOPCon) solar cell manufacturing facility in Butibori, Nagpur, Maharashtra. The...

July 13, 2026

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Velto Renewables Refinances 76 Solar Projects with $914 Million Deal

Velto Renewables, an independent renewable energy producer backed by La Caisse (formerly CDPQ), has completed a refinancing transaction of more than €800 million (~$914 million) for a portfolio of 76 operational solar photovoltaic projects in Spain...

July 13, 2026

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Peak Energy to Set Up 4 GWh Sodium-ion Battery Storage Plant in Sacramento

Peak Energy has announced it will set up a facility to manufacture up to 4 GWh of grid-scale sodium-ion battery energy storage systems annually, in Sacramento, California. With more than 6 GWh of customer commitments already in place, the facility...

July 13, 2026

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REMCL Invites Bids for 17 MW Solar Plus 50 MWh Battery Storage Projects

REMCL, a joint venture between the Ministry of Railways and RITES, has invited bids to select developers to set up 17 MW of intrastate transmission system (InSTS)-connected solar power projects, along with 12.5 MW/50 MWh battery energy storage...

July 13, 2026

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AmpereHour Energy Opens BESS Manufacturing Facility in Pune

AmpereHour Energy has announced the inauguration of its battery energy storage systems manufacturing and integration facility in Chakan, Pune. The facility will focus on leveraging containerized battery DC-AC blocks for utility-scale and commercial...

July 13, 2026

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China Sets New Minimum Efficiency Thresholds for Solar Modules, Inverters

China has rolled out new minimum efficiency standards for components across the solar manufacturing value chain covering polysilicon, wafers, modules, and inverters. The standards will take effect on January 1, 2027. For TOPCon and HJT modules, the...

July 13, 2026

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Saint-Gobain Invites Bids for Group Captive Wind-Solar Hybrid Project in Tamil Nadu

Saint-Gobain India has invited bids for long-term renewable power supply to its Oragadam plant in Tamil Nadu. The company is evaluating a group captive hybrid solution comprising solar and wind, with a delivered renewable energy requirement of...

July 13, 2026

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Alpiq to Acquire 90% Stake in Battery Storage Developer Harmony Energy

Swiss energy company Alpiq has agreed to acquire a 90% stake in Harmony Energy, a developer and operator of grid-scale battery energy storage projects across Europe. The acquisition will expand Alpiq’s battery storage portfolio and provide access to...

July 13, 2026

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