Other

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MNRE Proposes Relief Package for 45 GW of Renewable Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) has prepared a draft one-time relief package for renewable energy projects that have received Letters of Award (LOAs) but...

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Coal India Allays Coal Shortage Fears as Heat Drives Power Demand

India is in the grip of a sweltering summer, but the electricity grid has managed to meet daytime power demand, which is setting new records. Thanks to coal-based...

May 26, 2026

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B.S. Nagaraj

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Markets & Policy

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Other
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Frontier Power USA to Acquire Battery Storage Project Portfolio in the US

Frontier Power USA, a long-duration energy storage development and investment platform, has signed an agreement to acquire a 480 MWh battery storage project portfolio...

May 26, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Amara Raja Q4 Revenue Up 15.5% YoY, Advances Cell, BESS Expansion Plans

Energy storage solutions provider Amara Raja Energy and Mobility reported consolidated revenue from operations of ₹35.36 billion (~$371.19 million) in the fourth quarter...

May 26, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: JAKEDA Reveals Winners of 153 MW Rooftop Solar Auction

Jammu and Kashmir Energy Development Agency announced the winners of its empanelment auction to select developers to set up grid-connected rooftop solar projects on...

May 26, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Spearmint Energy Secures $450 Million for Texas Battery Storage Project

Spearmint Energy, a utility-scale battery storage project developer, has closed approximately $450 million in financing for Red Egret, a 300 MW/600 MWh standalone...

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NTPC Green Energy’s Q4 Revenue Rises 47% YoY But Profit Slips

NTPC Green Energy reported revenue from operations of ₹9.13 billion (~$95.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 46.7% year-over-year...

May 25, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Australia Awards 7.8 GW of Renewable Energy Projects Under Tender 7

Australia’s Department of Climate Change, Energy, the Environment, and Water (DCCEEW) has awarded 19 renewable energy projects under Tender 7 of the Capacity Investment...

May 25, 2026

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Rakesh Ranjan

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: India’s Solar Manufacturing Faces a Growing Skills Gap

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of...

May 25, 2026

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Melvin Mathew

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Daily Wrap-up
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Energy Trading Startup Shatterdome Energy Raises $3.5M Pre-Seed Funding

Shatterdome Energy, an AI-driven energy trading and virtual power plant startup, has raised $3.5 million in pre-seed funding to develop an energy trading platform for...

May 22, 2026

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Dibin DB

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Finance and M&A

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Smart Grid
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Daily News Wrap-Up: India Installs 2.7 GW Solar Open Access in Q1 2026

India added 2.7 GW of solar open access capacity in the first quarter of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55%...

May 22, 2026

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Staff

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Daily Wrap-up
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GridStor Acquires 199 MW Colorado Battery Storage Project from Accelergen

GridStor, a developer and operator of utility-scale battery energy storage projects, has acquired the 199 MW/796 MWh Birdseye battery storage project in Adams County,...

May 21, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Hull Street Energy to Acquire 1.4 GW Clean Power Portfolio

Hull Street Energy, a U.S.-based investment firm focused on power infrastructure, has signed an agreement to acquire FirstLight USA from the Public Sector Pension...

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Godawari to Invest ₹2 Billion for Battery Energy Storage System Manufacturing

Godawari Power & Ispat’s (GPIL) board of directors announced plans to invest an additional ₹2 billion (~$20.77 million) in its wholly owned subsidiary, Godawari New...

May 21, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Storage Gains Ground in Kerala’s Residential Rooftop Solar

Kerala’s residential rooftop solar market saw a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard grid-connected...

May 21, 2026

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Mercom Staff

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Daily Wrap-up

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