Author: Melvin

About Melvin

Melvin Mathew, Staff reporter at Mercom India More articles from Melvin Mathew.
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
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REC’s Q2 Net Profit Falls 21% Despite Expanding Loan Portfolio

Public infrastructure finance company REC reported a revenue from operations of ₹150 billion (~$1.58 billion), down 1% year-over-year (YoY) from ₹151.53 billion (~$1.59...

October 27, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Bloom Energy Revenue Surges 138% as Data Center Power Demand Grows

Fuel cell and electrolyzer manufacturer Bloom Energy reported record revenue of $1.24 billion in the third quarter (Q3) of 2026, up 138.1% year-over-year (YoY) from $519....

October 27, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: DCR Module Premium Raises Rooftop Solar Costs

The widening price gap between domestic content requirement (DCR) and non-DCR solar modules is raising rooftop solar installation costs, lengthening consumer payback...

October 27, 2026

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Melvin Mathew

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Daily Wrap-up
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Gujarat Announces Top-Up Subsidy for Smaller PM Surya Ghar Consumers

The Gujarat government has announced an additional state subsidy for residential consumers installing rooftop solar systems up to 2.18 kW under the PM Surya Ghar: Muft...

October 23, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Kerala Introduces Tariff Framework for Battery and Pumped Storage Projects

The Kerala State Electricity Regulatory Commission (KSERC) has notified the Multi-Year Tariff Regulations, 2026, introducing a tariff framework for battery energy...

October 22, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Daily News Wrap-Up: Transmission Roadblocks Threaten Renewables Expansion

Greater visibility into transmission readiness, earlier identification of potential delays, and closer coordination between generation and network development could help...

October 22, 2026

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Melvin Mathew

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Daily Wrap-up
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Rooftop Solar Offers Significant Savings Potential for Uttar Pradesh Industries

Commercial and industrial (C&I) consumers in Uttar Pradesh could substantially reduce electricity costs through rooftop solar, with an estimated levelized cost of...

October 22, 2026

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Melvin Mathew

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C&I

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C&I

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Rooftop

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Solar
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Gujarat Regulator Bars Termination of PPA for Delayed 280 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Urja Vikas Nigam (GUVNL) from terminating its power purchase agreement (PPA) for the...

October 22, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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IREDA’s Q2 Revenue Rises 14% on Sustained Renewable Energy Financing

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹23.45 billion (~$247.33million) in the second quarter...

October 21, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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SolarEra Plans 5 GWh Battery Storage Manufacturing Facility in Pune

Pune-based engineering, procurement and construction services company SolarEra Green Renewables has announced plans to establish a 5 GWh annual capacity battery energy...

October 19, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Haryana Regulator Grants Parallel Power Distribution License for Gurugram, Nuh

The Haryana Electricity Regulatory Commission (HERC) has granted a parallel distribution license to operate in the Gurugram and Nuh districts of Haryana, providing...

October 19, 2026

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Melvin Mathew

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Market & Policy

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T&D
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Chambal Fertilisers to Procure Power from Clean Max’s 5 MW Hybrid Project

Fertilizer manufacturer Chambal Fertilisers and Chemicals will procure renewable power from Clean Max’s 5 MW captive wind-solar hybrid project in Rajasthan. Chambal...

October 19, 2026

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Melvin Mathew

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C&I

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Open Access

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Solar
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Sterling and Wilson’s Q2 Revenue Down 12.6% Due to Weak EPC Project Execution

Sterling and Wilson Renewable Energy (SWREL) reported revenue of ₹15.28 billion (~$161.10 million) in the second quarter (Q2) of the financial year (FY) 2027, down 12.6%...

October 16, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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CEA Updates Transmission Planning Norms to Support Renewables Integration

The Central Electricity Authority (CEA) has revised its Manual on Transmission Planning Criteria to include provisions for ultra high-voltage alternating current (UHVAC)...

October 15, 2026

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Melvin Mathew

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Market & Policy

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T&D
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India’s Solar Growth Exposes Industry-Wide Talent Readiness Gap: Mercom

India’s rapidly expanding solar industry is facing a growing workforce readiness gap, with employers across utility-scale project development, manufacturing, rooftop...

October 15, 2026

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Melvin Mathew

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Mercom Research Focus

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Solar

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