Author: Rakesh Ranjan Parashar

About Rakesh Ranjan Parashar

Rakesh Ranjan, Staff reporter at Mercom India More articles from Rakesh Ranjan.
meghanaRakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.
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Strong Solar Module Demand Drives Insolation Energy’s Q1 Revenue up 105%

Jaipur-based solar module manufacturer Insolation Energy posted revenue of ₹7.41 billion (~$77.6 million) in the first quarter (Q1) of the financial year (FY) 2026-27,...

August 13, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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India Adds Record 27 GW of Solar Capacity in First Half of 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year (CY) 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India...

August 13, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Yulu Raises $93 Million in Series C Funding, Eyes 200,000 EV Fleet

Electric mobility-as-a-service company Yulu has raised $93 million in a Series C funding round led by GEF Capital Partners. The funding comprises $63 million in equity...

August 12, 2026

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Rakesh Ranjan

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EV

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Finance and M&A
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GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap...

August 12, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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India’s DCR Solar Push Is Creating a Cost and Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s...

August 12, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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NTPC Mining Invites EoIs for 40 MW Solar Power Projects

NTPC Mining (NML) has invited expressions of interest (EoIs) to develop a cumulative capacity of 40 MW of ground-mounted solar power projects at two locations in...

August 11, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Pune Manufacturer Eyes ₹12 Million/Year Power Savings with Rooftop Solar

Automotive component manufacturers depend on a reliable and uninterrupted supply of electricity to ensure continuous production at their factories. Rooftop solar systems...

August 11, 2026

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Rakesh Ranjan

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C&I

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Solar
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Solar and Wind Additions Push Global Renewable Energy Capacity to 5.2 TW

Global renewable energy capacity reached 5,155 GW at the end of 2025, following annual additions of 693 GW, taking renewables’ share of global installed power...

August 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Assam Regulator Directs DISCOM to Follow Existing Rooftop Solar Rules

The Assam Electricity Regulatory Commission (AERC) has directed Assam Power Distribution Company (APDCL) to continue processing all rooftop solar applications in...

August 10, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Terra Clean Seeks Power Buyers for Long-Term Renewable Energy Procurement

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has invited expressions of interest (EoIs) from commercial & industrial (C&I) organizations...

August 10, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Government Bans New Solar, Wind Projects Within 1 km of India’s Borders

The Ministry of Home Affairs (MHA) has said no new solar, wind or hybrid renewable energy project will be permitted within 1 km of India’s international borders, the...

August 10, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Gujarat Regulator Approves ₹4.87/kWh Tariff for 250 MW FDRE Procurement

The Gujarat Electricity Regulatory Commission (GERC) has adopted a tariff of ₹4.87 (~$0.0511)/kWh for the procurement of 250 MW of firm and dispatchable renewable energy...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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China Targets 3.5 TW of Renewable Energy Capacity by 2030

China has set a target to increase its total renewable energy generation capacity to around 3.5 TW by 2030 under its Renewable Energy Development Plan for the 15th...

August 7, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY)...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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SECI Unveils Winners of 1 GW Firm and Dispatchable Renewable Energy Auction

The Solar Energy Corporation of India (SECI) has announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC)...

August 7, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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