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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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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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Shoals Technologies’ Q1 2026 Revenue Up 75% YoY, Exceeds Analysts’ Estimates

Shoals Technologies Group, a manufacturer of electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, reported first quarter (Q1) 2026 revenue of $140.6 million, an increase of 74.9% year-over-year...

May 7, 2026

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Moment Energy Raises $40 Million in Series B Funding Round

Moment Energy, an electric vehicle battery repurposing company, has raised $40 million in its Series B funding round, bringing the total capital raised to more than $100 million. Evok Innovations led the funding round, with participation from...

May 6, 2026

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Indonesia Invites Bids for 1.2 GW Solar Projects

Indonesia’s government-owned corporation PT PLN has floated a tender to set up 1.225 GW utility-scale solar projects under its PLTS Mentari Nusantara I project. The company launched the official tender process on April 30, 2026. The solar capacity...

May 6, 2026

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