Archive

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Borosil Renewables’ Revenue Jumps 18% YoY, Reports Profit of ₹1.69 Billion

Mumbai-based solar glass manufacturer Borosil Renewables reported revenue of ₹4.4 billion (~$46.24 million) in the fourth quarter (Q4) of the financial year (FY) 2026,...

May 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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NHPC Issues RfS for 13 MW of Rooftop Solar Projects in Northeast India

NHPC has issued a request for selection (RfS) to set up 13.255 MW of grid-connected rooftop solar projects across Sikkim, Manipur, and Nagaland. Selected bidders will...

May 12, 2026

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Parth Shukla

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Rooftop

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Solar

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Tenders & Auctions
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Grenergy Secures $268 Million Financing for Solar and Storage Project in Chile

Spanish clean energy producer Grenergy has closed a $268 million senior non-recourse financing agreement for the Monte Águila solar and energy storage project in Chile....

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MNRE Bars Duplicate Module, Inverter Serial Number Submissions Under Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has discontinued the provision that allowed installation submissions containing duplicate entries of solar module or...

May 12, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Premier Energies, Syrma SGS Drop Plan to Acquire K-Solare Stake

Hyderabad-based Premier Energies and Syrma SGS Technology have decided not to proceed with the proposed acquisition of K-Solare Energy, an inverter manufacturer, through...

May 12, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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FH Capital to Acquire 75% Stake in JinkoSolar’s US Subsidiary

Private equity firm, FH Capital, has entered into a definitive agreement to acquire a 75.1% stake in China-based solar module and cell manufacturer, JinkoSolar’s U.S....

May 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Gujarat Regulator Clears GUVNL’s Bid Deviations for Firm Renewable Power

The Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam’s (GUVNL) request to modify the bid documents and the draft power...

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EU Trails 2030 Climate Goals as Solar-Storage Offers Fastest Fix: Report

Accelerated deployment of solar systems combined with battery energy storage systems (BESS) offers the fastest and most cost-effective pathway for the European Union to...

May 12, 2026

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Meghana Prasad

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Energy Storage

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Solar
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Daily News Wrap-Up: Supreme Court Directs Railways to Pay Open Access Charges

The Supreme Court ruled that Indian Railways cannot claim the status of a deemed distribution licensee under the Electricity Act, holding that its electricity...

May 12, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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MENA Weekly Round-Up: Masdar to Lead Abu Dhabi Solar and Storage Expansion

Masdar signed an agreement with the Emirates Water and Electricity Authority (EWEC), under which it will represent Abu Dhabi in domestic solar independent power producer...

May 12, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Bluefield Solar Secures $163 Million Debt for Solar Projects

Bluefield Solar (BSIF), the London-listed U.K. income fund focused primarily on acquiring and managing solar energy assets, has reached financial close on a debt raise...

May 12, 2026

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Dibin DB

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Finance and M&A

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Solar
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MARS Energy Acquires Two California Roofing and Solar Service Providers

MARS Energy Group has acquired California-based Solar Savings Direct, doing business as Solar and Roof Direct, and Sequoia Roofing & Construction. The company did...

May 12, 2026

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Renu

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Finance and M&A

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Solar
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Solar Tenders and Auctions Decline in Q1 2026 Amid Focus on Project Execution

In Q1 2026, government agencies issued nearly 6 GW of solar tenders, a 68% decrease from 17 GW in Q1 2025 but almost double the capacity issued in Q4 2025. Although...

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GRID India Drafts Rules to Assess Transmission Connectivity Utilization

The Grid Controller of India (GRID India) has issued draft procedures to assess the utilization of transmission connectivity granted to entities. Stakeholders can submit...

May 11, 2026

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Melvin Mathew

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Grid

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Market & Policy
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Southern Railway Floats Tender for 29 MW Solar Projects in Tamil Nadu

Southern Railway has issued a tender for setting up three solar projects with a total capacity of 29 MW in Tamil Nadu. The project will be implemented at Bulb Line in...

May 11, 2026

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Meghana Prasad

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Solar

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Tenders & Auctions

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