Other

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POWERGRID Floats Tender for 400 kV GIS Substation in Tamil Nadu

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 400 kV gas-insulated switchgear (GIS) substation in Tuticorin, Tamil Nadu, for the transmission...

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esVolta Secures $450 Million Upsized Credit Facility for Energy Storage Portfolio

esVolta, a developer, owner, and operator of utility-scale battery energy storage projects, has expanded its corporate credit facility to up to $450 million to support...

June 9, 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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InCharge Energy Raises $46 Million Led by S2G Investments

InCharge Energy, an EV charging and energy solutions provider, has announced a $46 million investment led by multi-asset investment firm S2G Investments, with...

June 9, 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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Adani Energy Solutions to Acquire Smart Metering Company IntelliSmart

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart...

June 9, 2026

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Melvin Mathew

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Finance and M&A

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Smart Grid
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Daily News Wrap-Up: Developers Flag Risks in GNA Milestone Extension Proposal

The Central Electricity Regulatory Commission’s (CERC) proposed framework for milestone extension charges could bring greater discipline to the General Network Access...

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MENA Weekly Roundup: Morocco Added Over 1 GW of Solar Capacity in 2025

Morocco exceeded 1 GW of installed solar power capacity for the first time, reaching 1.09 GW by the end of 2025, according to the Energy Research Unit. The milestone...

June 9, 2026

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Meghana Prasad

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Other

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Renewable Energy
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FDRE Projects Create New Revenue Streams Through Surplus Power Sales

Firm and Dispatchable Renewable Energy (FDRE) projects are creating new revenue opportunities for developers by enabling the sale of excess renewable generation. These...

June 9, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Renewable Energy
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Mexico Awards 7.4 GW Renewable Capacity in First Mixed Investment Tender

Mexico’s state-owned power utility Comisión Federal de Electricidad (Federal Electricity Commission) (CFE) awarded 37 renewable energy projects with a combined capacity...

June 8, 2026

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Meghana Prasad

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Other

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Renewable Energy
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GPS Renewables Raises ₹6.35 Billion for Compressed Biogas Project Pipeline

Bengaluru-based biofuels firm GPS Renewables has raised ₹6.35 billion (~$66.6 million) in Series C funding to support its compressed biogas project pipeline across India....

June 8, 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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Rosendahl Nextrom to Acquire Battery Equipment Firm TBS Engineering

Rosendahl Nextrom, a manufacturing company that supplies production equipment to several industries, has signed an agreement to acquire TBS Engineering, a U.K.-based...

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Daily News Wrap-Up: Mercom Renewables Summit Returns for Sixth Edition

Mercom India’s sixth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 1 and 2, 2026, at the Hyatt Regency in New Delhi. A key...

June 8, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Fidra Energy Acquires 1 GW Battery Storage Project in the UK

Fidra Energy, a battery storage project developer backed by EIG and the National Wealth Fund, has acquired the 1,025 MW Enderby battery storage project in Leicestershire,...

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Inox Wind’s Q4 FY26 Revenue Slips 2.4% YoY Amid Supply Chain Disruptions

Wind energy solutions provider Inox Wind (IWL) posted revenue of ₹12.44 billion (~$130.5 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 2.4%...

June 5, 2026

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Parth Shukla

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Finance and M&A

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Wind
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Heat Pump Retrofit to Save Pharmaceutical Company ₹43 Million Annually

As industrial electrification gains momentum, heat pumps are emerging as an effective solution to reduce fuel consumption and improve energy efficiency. The...

June 5, 2026

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Parth Shukla

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C&I

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Energy Efficiency

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Other Energy
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Mercom Renewables Summit Returns for its Sixth Edition in July 2026

Mercom India’s sixth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 1 and 2, 2026, at the Hyatt Regency in New Delhi. A...

June 5, 2026

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Arjun Joshi

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Other

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Renewable Energy

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