LATEST HEADLINES
REC Silicon Posts Lower Q1 Revenue as Oversupply Pressures Persist
May 8, 2026
Pricing Pressure Pushes Flux Power’s Revenue Down 61% YoY in Q3 FY 2026
May 8, 2026
Apple to Invest ₹1 Billion in CleanMax for 150 MW Renewable Energy Projects
May 8, 2026
ACME Solar’s Q4 Revenue Rises 12.5% on Capacity Additions, Higher CUF
May 8, 2026
SEG Solar to Build 4 GW Solar Module Manufacturing Facility in Houston
May 8, 2026
Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131% year-over-year increase from the $4.8 billion raised across 39 deals in Q1 2025, according to Mercom Capital ...
May 8, 2026
Energy Storage
Damodar Valley Corporation Names Winner of 500 MWh Energy Storage AuctionDamodar Valley Corporation (DVC) has announced the winner of the auction to set up a 250 MW/500 MWh battery energy storage system (BESS) project in Maithon, Jharkhand. Pace Digitek won the project valued at ₹7.02 billion (~$74.33 ...
May 8, 2026
Energy Storage
UPPCL Announces Winners of 1.5 GWh Battery Storage AuctionThe 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
Sponsored News
Hopewind’s Energy Storage PCS Meets India’s 51°C Heat ChallengeRenewable 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 HEADLINES
REC Silicon Posts Lower Q1 Revenue as Oversupply Pressures Persist
May 8, 2026
Pricing Pressure Pushes Flux Power’s Revenue Down 61% YoY in Q3 FY 2026
May 8, 2026
Apple to Invest ₹1 Billion in CleanMax for 150 MW Renewable Energy Projects
May 8, 2026
ACME Solar’s Q4 Revenue Rises 12.5% on Capacity Additions, Higher CUF
May 8, 2026
SEG Solar to Build 4 GW Solar Module Manufacturing Facility in Houston
May 8, 2026
Trending News
Tender & Auctions
South Central Railway Announces Winner of 1.4 MW Rooftop Solar Auction
Mercom Insights
Global Corporate Funding for Solar Surges 131% YoY to $11.1 Billion in Q1 2026
Energy Storage
Damodar Valley Corporation Names Winner of 500 MWh Energy Storage Auction
Latest News
Norway-based silicon material manufacturer REC Silicon reported revenue of $19.5 million in the first quarter (Q1) of 2026, down 8.9% from $21.4 million in the same period last year. The company reported a diluted loss per share from total...
May 8, 2026
Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the fiscal year (FY) 2026, down 60.7% year-over-year (YoY) from $16.7 million. The revenue fell short of analyst expectations of $10....
May 8, 2026
Multinational technology company Apple has committed an initial investment of ₹1 billion (~$10.6 million) in Clean Max Enviro Energy Solutions (CleanMax) to develop more than 150 MW of renewable energy capacity in India. Apple previously partnered...
May 8, 2026
Gurgaon-based independent power producer ACME Solar Holdings has reported a revenue of ₹5.48 billion (~$58.05 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 12.5% year-over-year (YoY) jump from ₹4.87 billion (~$51.59 million)....
May 8, 2026
SEG Solar, a California-based solar module manufacturer, has announced plans to establish a 4 GW solar module manufacturing facility in Houston, Texas. Commercial operations at the new facility are expected to begin in the third quarter of 2026. The...
May 8, 2026
REC Power Development and Consultancy (RECPDCL) has issued three tenders to set up intrastate transmission systems (InSTS) in Maharashtra to evacuate power from renewable energy projects. The InSTS will be set up for the 765 kV air-insulated...
May 8, 2026
Solar module manufacturer Vikram Solar’s revenue from operations for the fourth quarter (Q4) of the financial year (FY) 2026 rose 21.7% year-over-year (YoY) to ₹14.53 billion (~$153.97 million) from ₹11.94 billion (~$126.52 million). The company’s...
May 8, 2026
The Ministry of New and Renewable Energy (MNRE) 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. The...
May 8, 2026
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