Other

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AMPIN Energy Secures $50 Million from Dutch Development Bank FMO

AMPIN Energy Transition has secured a $50 million long-term investment from FMO, a Dutch entrepreneurial development bank. The funding will be utilized to support the...

December 4, 2025

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Melvin Mathew

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: Rising Tariffs and Policies Boost Solar Growth in Odisha

Backed by rising power demand from commercial and industrial consumers, both rooftop solar and open access installations are expanding steadily in Odisha. Greater policy...

December 4, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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IEX Sees 17.7% YoY Rise in Electricity Volume in November, Trades 11.4 BU

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.41 billion units (BU) in November 2025, a 17.7% year-over-year (YoY) increase. IEX said...

December 4, 2025

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Parth Shukla

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Other

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Renewable Energy
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Apraava Gets ₹8 Billion from BII, Standard Chartered to Expand Smart Metering

Solar solutions provider Apraava Energy has secured ₹8.01 billion (~₹92 million) from impact investor British International Investment (BII) and Standard Chartered to...

December 3, 2025

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Parth Shukla

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Finance and M&A

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Grid
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Daily News Wrap-Up: India Adds 6.1 GW Solar Open Access in 9M 2025

India added 6.1 GW of solar open access capacity in the first nine months of 2025, increasing over 13% year-over-year (YoY) from 5.4 GW, according to Mercom India’s Q3...

December 3, 2025

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Meghana Prasad

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Daily Wrap-up

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Other
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IndiGrid to Acquire ISTS Asset from ReNew to Evacuate 2.5 GW Solar Energy

Power transmission and renewable energy company IndiGrid has executed definitive agreements to acquire Gadag Transmission (GLT), an interstate transmission system (ISTS)...

December 3, 2025

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Parth Shukla

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Grid

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Other
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Emmvee Photovoltaic Reports 181% Surge in Q2 FY 2026 Revenue

Bengaluru-based solar and cell module manufacturer, Emmvee Photovoltaic Power, reported a revenue of ₹11.31 billion (~$125.82 million) in the second quarter (Q2) of...

December 2, 2025

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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: UERC Adds Storage to Renewable Energy Tariff Regulations

The Uttarakhand Electricity Regulatory Commission (UERC) issued the second amendment to UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy...

December 2, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Daily News Wrap-Up: APTRANSCO Announces Winners of 2 GWh Storage Auction

Six companies won Transmission Corporation of Andhra Pradesh’s (APTRANSCO) auction to develop 1,000 MW/2,000 MWh standalone battery energy storage systems in the state....

December 1, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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EV Solutions Firm Neuron Energy Raises ₹310 Million in Pre-Series B Funding

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has raised ₹310 million (~$3.47 million) in a pre-series B round to expand its battery manufacturing...

November 28, 2025

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Melvin Mathew

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Energy Efficiency

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Energy Storage
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Premier-Green Aluminium to Raise ₹600 Million for Solar Module Frame Production

Premier-Green Aluminium, a joint venture company of Premier Energies, aims to raise ₹600 million (~$6.7 million) in tranches to implement an aluminum frame production...

November 28, 2025

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Parth Shukla

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Modules

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Other

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Solar
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Daily News Wrap-Up: Q3 Sees Lower System Costs for Large-Scale Solar Projects

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using...

November 28, 2025

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Mercom Staff

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Daily Wrap-up
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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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Uttar Pradesh Jal Nigam Floats Tender for O&M of 1.5 MW Solar Project

Uttar Pradesh Jal Nigam (Urban) has issued a tender for the operation and maintenance (O&M) of a 1.492 MW grid-connected ground-mounted solar project at the Bharwara...

November 27, 2025

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Parth Shukla

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Renewable Energy

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Tenders and Auctions
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Cabinet Approves ₹72.8 Billion Rare Earth Permanent Magnets Manufacturing Program

The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy,...

November 27, 2025

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Arjun Joshi

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Other

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Renewable Energy

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