Other

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SEPC Wins Smart Meter Order Worth ₹3 Billion for Punjab

Solar engineering, procurement, and construction (EPC) firm SEPC has received a letter of intent from Telecommunications Consultants India to implement a ₹3.14 billion...

February 10, 2026

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Parth Shukla

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Grid

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Tenders and Auctions
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Coal India to Set Up Joint Ventures for Renewable Energy Projects

Coal India has approved the incorporation of two joint venture companies to develop renewable energy projects across India. The first joint venture has been proposed...

February 10, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Rajasthan Invites Bids for Integrated Energy Portfolio Management Solution

Rajasthan Urja Vikas and IT Services (RUVITL) has invited bids to select an implementation agency to design, supply, develop, implement, and support an integrated energy...

February 10, 2026

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Meghana Prasad

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Renewable Energy

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Tenders & Auctions
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Daily News Wrap-Up: The Role of VGF and LCOS in India’s BESS Transition

Bid prices in the battery energy storage system (BESS) market are declining sharply, driven by viability gap funding (VGF) support and intense competition. While VGF has...

February 10, 2026

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Mercom Staff

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Daily Wrap-up
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Global Energy Transition Investments Rise to $2.3 Trillion in 2025: BNEF Report

Global energy transition investment reached $2.3 trillion in 2025, up 8% from a year earlier, while investment in the clean energy supply chain rose to $127 billion,...

February 10, 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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MENA Weekly Roundup: Saudi Arabia, Türkiye Agree on 5 GW Renewable Projects

Saudi Arabia and Türkiye have signed a strategic agreement to develop up to 5 GW of renewable energy projects in Türkiye, primarily focused on solar power. The projects...

February 10, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Adani Energy Receives Financing for ±800 kV HVDC Transmission Project

Adani Energy Solutions (AESL) has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800...

February 10, 2026

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Parth Shukla

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Finance and M&A

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Grid
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IREDA’s Board Approves Fundraise of ₹29.94 Billion Through QIP

The board of directors of government-owned lender, Indian Renewable Energy Development Agency (IREDA), has approved a fundraise of ₹29.94 billion (~$330.14 million)...

February 9, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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ACEN Consolidates Joint Venture with UPC Renewables, Takes 100% Ownership

Philippines-based renewable energy company ACEN Renewables International, a subsidiary of ACEN Corporation, has consolidated its joint venture (JV) with UPC Renewables,...

February 9, 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: Union Budget 2026 Pushes for Stable Renewables

The Union Budget 2026 provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean...

February 9, 2026

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Mercom Staff

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Daily Wrap-up
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Solar Open Access Primary Growth Engine for C&I Units in India: Interview

India’s commercial and industrial (C&I) renewable energy market is undergoing a structural transition, with distributed solar growing beyond rooftop installations...

February 9, 2026

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Meghana Prasad

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Open Access

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Solar

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Sponsored News
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Fluence Energy’s Revenue Jumps 154% to $475.2 Million in Q1 FY2026

Utility-scale energy storage firm Fluence Energy recorded revenue of  $475.2 million, an increase of approximately 154.4% year-over-year (YoY), in the first quarter (Q1)...

February 9, 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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Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors

Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches...

February 6, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Adani Energy Solutions Delivers 10 Million Smart Meters Across Five DISCOMs

Adani Energy Solutions (AESL) has delivered 10 million smart electricity meters to distribution companies (DISCOM), with another 10 million deliveries expected in the...

February 6, 2026

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Melvin Mathew

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Grid

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Renewable Energy
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PFC Acquires Majority Stake in REC, Board Greenlights Merger

Power Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the...

February 6, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy

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