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UPPCL Announces Winners of 1.5 GWh Battery Storage Auction

The Uttar Pradesh Power Corporation (UPPCL) has announced the winners of the 375 MW/1,500 MWh standalone battery energy storage auction. KCC Buildcon won 187.5 MW/750 MWh, and Agastya Green Energy won 62.5 MW/250 MWh at a tariff o...

May 6, 2026

Mercom Research Focus

Solar Inverter Suppliers Leading India’s Market in 2025

In 2025, inverter shipments to solar projects in India increased 40.8% compared to 2024, driven by record installations and a strong project pipeline targeted for commissioning in the first half of 2026, ahead of the phased reduct...

May 5, 2026

Grid

Solar Developers Reluctant to Exit 6 GW Bikaner V Transmission Project

Renewable energy developers have shown reluctance to move away from the proposed Bikaner V transmission system to evacuate 6 GW of solar power in Rajasthan, even after the project has been deemed infeasible. Developers granted in-...

May 5, 2026

Sponsored News

Hopewind’s Energy Storage PCS Meets India’s 51°C Heat Challenge

Renewable energy solutions company Hopewind is powering over 650 MW of utility-scale battery energy storage systems (BESS) across two major projects in Rajasthan, deploying more than 260 units of its 2.5 MW central power conversio...

May 7, 2026

Latest News

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Nyobolt Raises $60 Million to Expand Fast-Charging Battery Technology

Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, has raised $60 million in a Series C funding round, bringing the company’s valuation to $1 billion. The company plans to use the proceeds to expand its development pipeline and...

May 7, 2026

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South Central Railway Announces Winner of 1.4 MW Rooftop Solar Auction

The Vijayawada Division of the South Central Railway has announced the winner of the auction to install 46 rooftop solar systems with a total capacity of 1,415 kW. Servotech Renewable Power Systems won the auction to install the rooftop solar...

May 7, 2026

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Solar Module Capacity Under ALMM Rises to 193 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 20,044 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 193,188 MW....

May 7, 2026

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Gujarat Issues Guidelines to Streamline Renewable Energy Project Development

The Gujarat Energy Development Agency (GEDA) has issued the guidelines for the development of solar, wind, and wind-solar projects with or without battery storage systems, as well as standalone battery storage systems. The guidelines, which align...

May 7, 2026

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West Bengal Approves CESC’s Procurement of 600 MW of Wind-Solar Power

The West Bengal Electricity Regulatory Commission (WBERC) has approved Calcutta Electric Supply Corporation’s (CESC) petition to procure 600 MW of power from interstate transmission system (ISTS)-connected wind-solar hybrid projects at tariffs...

May 7, 2026

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Bihar Regulator Approves BSPHCL’s 300 MW Wind-Solar Power Procurement

The Bihar Electricity Regulatory Commission (BERC) has approved Bihar State Power Holding Company’s (BSPHCL) proposal to procure 300 MW of wind-solar hybrid power through Solar Energy Corporation of India (SECI) under the ISTS Hybrid Tranche-IX on a...

May 7, 2026

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Daily News Wrap-Up: UPPCL Announces 1.5 GWh Battery Storage Auction Winners

The Uttar Pradesh Power Corporation (UPPCL) announced the winners of the 375 MW/1,500 MWh standalone battery energy storage auction. KCC Buildcon won 187.5 MW/750 MWh, and Agastya Green Energy won 62.5 MW/250 MWh at a tariff of ₹6.45 (~$0.0680)/kWh....

May 7, 2026

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RECPDCL Tenders Transmission Projects to Evacuate 21.5 GW Renewables in Gujarat

REC Power Development and Consultancy (RECPDCL) has issued two requests for proposals to select transmission service providers to build, own, operate, and transfer interstate transmission systems to evacuate 21.5 GW of renewable energy in Gujarat....

May 7, 2026

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FTC Solar Q1 Revenue Falls 17% YoY as Delayed Project Weighs on Results

U.S.-based solar tracker company FTC Solar reported revenue of $17.3 million in the first quarter of 2026, down 17% year-over-year from $20.8 million and missing analyst expectations by $7 million. The company’s adjusted EBITDA loss was $8.2 million...

May 7, 2026

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