Breaking
thumbnail
NREDCAP Announces List of Winners for 233 MW Rooftop Solar Auction

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has announced the list of 19 winners in its 233.33 MW rooftop solar auction under the PM Surya Ghar: Muft Bijli Yojana. The rooftop solar systems, up...

January 21, 2026

Markets & Policy

Pace Digitek Bags EPC Contract for Bondada’s 300 MW Solar Project

Pace Digitek has secured an engineering, procurement, and construction (EPC) order valued at ₹3.76 billion (~$45.3 million) from Bondada Engineering, to provide balance-of-system works for its 300 MW solar project. The company’s s...

January 16, 2026

Mercom Research Focus

Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost chall...

January 13, 2026

Latest News

thumbnail
Budget 2026 Wishlist: What the Renewable Energy Industry Wants

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026-27 with its wish list shifting from “more capacity” to building the enablers needed to sustain rapid renewable growth...

January 21, 2026

thumbnail
Daily News Wrap-Up: BBMB Floats Tender for 4.3 GW Pumped Storage Projects

Bhakra Beas Management Board (BBMB) invited expressions of interest (EoI) to develop 4,300 MW pumped storage projects in Himachal Pradesh. The last date to submit bids is January 27, 2026. The EoI is being floated for the development of a 2,800 MW...

January 21, 2026

thumbnail
Funding and M&A Roundup: Terralayr Secures $223 Million in Equity Round

From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round, including an €80 million (~$93 million) upsizing option. The funding was led by Eurazeo,...

January 21, 2026

thumbnail
AFSIA Tracks 296 GW Solar Projects in Africa, with 23.4 GW Operational as of 2025

Africa’s solar market has entered a new phase of scale and credibility, with the Africa Solar Industry Association (AFSIA) tracking more than 42,000 solar projects across the continent by the end of 2025, representing a total identified pipeline of...

January 21, 2026

thumbnail
Project Finance Brief: ENCAVIS Secures $157 Million in Non-Recourse Financing

From: Mercom Capital Group ENCAVIS, a solar and wind project developer, has announced the closure of a non-recourse project financing of €135 million (~$157.10 million) for the acquisition of the 199 MW Aragón portfolio. The portfolio is in northern...

January 21, 2026

thumbnail
Raana Semiconductors Raises $3 Million to Develop Systems of Solar Ingot Making

Raana Semiconductors (RSPL), an Indian semiconductor solutions provider company specializing in crystal growth systems, has raised $3 million in seed funding in its first institutional capital round. Crystal growth systems are central to solar ingot...

January 20, 2026

thumbnail
Bhakra Beas Board Floats Tender for 4.3 GW Pumped Storage Projects

Bhakra Beas Management Board (BBMB) has invited expressions of interest (EoI) to develop 4,300 MW pumped storage projects in Himachal Pradesh. The last date to submit bids is January 27, 2026. The EoI is being floated for the development of a 2,800...

January 20, 2026

thumbnail
MAHAPRIET Releases Tender for 100 MW Floating Solar Project in Maharashtra

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has issued a request for selection to develop a 100 MW grid-connected floating solar project at Tansa Dam and/or Modak Sagar Dam in Maharashtra. Bids must be submitted by...

January 20, 2026

thumbnail
POWERGRID Invites Bids to Select Partner for 1.5 GWh BESS Tender

Power Grid Corporation of India (POWERGRID) has floated two tenders for engineering, procurement, and construction (EPC) of standalone battery energy storage systems (BESS) of 187.5 MW/750 MWh each at two of Transmission Corporation of...

January 20, 2026

MORE NEWS