Author: Melvin
About Melvin
Melvin Mathew, Staff reporter at Mercom India
More articles from Melvin Mathew.
Melvin Mathew is a staff reporter at Mercom India. Before joining Mercom, , he was a city-beat reporter for the Bangalore Mirror. He holds a bachelor's degree in English, Journalism, and Psychology from St Joseph’s University, Bengaluru.More articles from Melvin Mathew
Delhi-based hospital chain Max Healthcare has signed a long-term power purchase agreement (PPA) with renewable energy solutions provider Sunsure Energy to procure 4 MW...
NTPC Green Energy’s (NGEL) revenue rose 29.3% to ₹6.53 billion (~$71 million) in the third quarter of the financial year (FY) 2026, from ₹5.05 billion (~$54.9 million) a...
In recent standalone battery energy storage system (BESS) auctions, several companies have won projects at tariffs below the levelized cost of storage (LCOS), signaling...
REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate 6 GW of solar power from the Barmer-II...
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a tariff of ₹2.56 (~$0.028)/kWh for NTPC Renewable Energy’s (NREL) 400 MW solar project. The...
U.S.-based solar tracker firm Nextpower reported revenue of $909 million for the third quarter (Q3) of the financial year (FY) 2026, a 34% year-over-year (YoY) increase...
NTPC Green Energy, NLC India, and Adani Green Energy have cumulatively commissioned 321.6 MW of solar projects in Gujarat and Rajasthan. NTPC Green Energy NTPC Green...
Solar module manufacturer ADM Solar Power Infrastructure has signed a long-term power purchase agreement (PPA) with Avener Green to procure 10 MW of solar power in...
India’s rated power distribution utilities reported a consolidated profit after tax (PAT) of ₹27.01 billion (~$294.7 million) in FY25, marking a sharp turnaround from a...
Solar module and cell manufacturer Premier Energies has reported a revenue of ₹19.36 billion (~$211.4 million) in the third quarter (Q3) of the financial year (FY) 2026,...
Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...
Power Grid Corporation of India (POWERGRID) has invited bids to set up 375 MW/1,500 MWh standalone battery energy storage systems (BESS) in seven locations in Tamil Nadu....
Solar module manufacturer Waaree Energies’ revenue from operations for the third quarter (Q3) of FY 2026 rose 118.8% year-over-year (YoY) to ₹75.65 billion (~$826.77...
The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024,...
The global energy storage market grew 43% year over year in 2025, adding 106 GW of new capacity worldwide, a significant increase from 73 GW in 2024, according to Wood...
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