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Industry Opines Budget 2026 Marks a Focus Shift to Stable Renewables

The Union Budget 2026 has provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean energy ecosystem, with energy storage systems as the key pill...

February 6, 2026

Energy Storage

Datta Infra, Serentica, AMPIN, ACME Win SECI’s 4.8 GWh FDRE Auction

Adyant Enersol (Datta Infra), Serentica Renewables India, AMPIN Energy Utility Nine (AMPIN Energy Transition), and ACME Solar Holdings have won Solar Energy Corporation of India’s (SECI) auction for the assured peak supply of 4,80...

February 5, 2026

Mercom Research Focus

India’s Solar Power Generation Rises 22% YoY in 2025 on Project Commissioning Surge

Solar power generation in India rose nearly 22% year-over-year (YoY) to 164.5 billion units (BU) in 2025, up from 133.7 BU, according to data published by the Central Electricity Authority (CEA). Solar power generation growth in Q...

February 5, 2026

Tenders & Auctions

KP Energy, Waaree, and Vena Energy Among Winners of SECI’s 1.2 GW Wind Auction

KP Energy, Ganeko Three Energy (an SPV of Zelestra), Waaree Forever Energies (a subsidiary of Waaree Energies), Opera Energy, Purvah Green Power, Vena Energy Aura (a subsidiary of Vena Energy), and Refex Holding have won Solar Ene...

February 4, 2026

Latest News

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Oil India Invites Bids for EPC of 100 MW Solar Projects

Oil India (OIL) has invited expressions of interest to enlist engineering, procurement, and construction (EPC) vendors to establish at least 100 MW of grid-connected solar projects in any state in India. The solar projects can include ground-mounted,...

February 6, 2026

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Daily News Wrap-Up: SECI Announces Winners for 4.8 GWh FDRE Auction

Adyant Enersol (Datta Infra), Serentica Renewables India, AMPIN Energy Utility Nine (AMPIN Energy Transition), and ACME Solar Holdings have won Solar Energy Corporation of India’s (SECI) auction for the assured peak supply of 4,800 MWh (1,200 MW  X...

February 6, 2026

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NTPC REL Invites Bids for Modules for 400 MW Solar Project in Uttar Pradesh

NTPC Renewable Energy (NREL) has issued a tender for the supply of bifacial crystalline solar modules with a minimum rating of 570 Wp for a 400 MW solar project in Chitrakoot, Uttar Pradesh. Bids must be submitted by March 2, 2026. Bids will be...

February 6, 2026

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Saatvik Green’s Q3 Earnings Up on Higher Solar Module Demand

Haryana-based solar module manufacturer Saatvik Green Energy recorded a revenue of ₹12.57 billion (~$139.04 million) in the third quarter (Q3) of FY 2026, representing a 142.6% year-over-year (YoY) increase from ₹5.18 billion (~$57.32 million). The...

February 5, 2026

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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura. Founded in 2025, Drivn buys, owns, and leases electric buses and trucks for...

February 5, 2026

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Uttarakhand Floats Tenders to Set Up Two 15 MW/37.5 MWh BESS Projects

UJVNL, a Government of Uttarakhand undertaking, has floated two tenders to set up 15 MW/37.5 MWh standalone Battery Energy Storage Systems (BESS) each in the Udham Singh Nagar and Dehradun districts of Uttarakhand. The first project will be set up...

February 5, 2026

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VPP Software Provider Lunar Energy Raises $232 Million

Integrated home battery systems and virtual power plant (VPP) software provider, Lunar Energy, has raised $102 million in a Series D funding round led by B Capital and Prelude Ventures. Lunar Energy will utilize the funding to expand its hardware...

February 5, 2026

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Rajasthan Issues Procedure for Grant of Intrastate Transmission Connectivity

The Rajasthan Electricity Regulatory Commission (RERC) has approved the Procedure for Grant of Connectivity to the Intra-State Transmission System (InSTS), which seeks to streamline connectivity approval for entities seeking new or modified...

February 5, 2026

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