Other

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Hero MotoCorp to Raise Equity Stake in Ather by 2.92%

Hero MotoCorp has approved an investment of up to ₹17.58 billion (~$175.8 million) to acquire additional equity shares in electric two-wheeler (e-2Ws) manufacturer Ather...

August 28, 2026

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Parth Shukla

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EV

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Finance and M&A
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New Wind, Solar Projects to Face Same Deviation Charges as General Sellers

The Central Electricity Regulatory Commission (CERC) tweaked the deviation settlement framework for future wind and solar projects by bringing them under the same rules...

August 28, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Solar Leads 248 GW Renewable and Storage Transmission Connectivity Pipeline

Nearly 248 GW of power grid connectivity and General Network Access (GNA) granted to renewable energy and storage projects is expected to become effective between August...

August 28, 2026

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B.S. Nagaraj

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Market & Policy

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Renewable Energy
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Matter Raises ₹2.4 Billion to Expand Electric Motorcycle Production

Electric motorcycle and energy storage solutions company Matter has raised ₹2.4 billion (~$25 million) in fresh growth capital from existing investors to expand...

August 28, 2026

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Parth Shukla

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EV

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Finance and M&A
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Fuel Cell Developer Teragen Energy Raises $6 Million in Pre-Seed Funding

Teragen Energy, a developer of modular solid-oxide fuel cell power systems for data centers, industrial sites, and utilities, has raised $6 million in an oversubscribed...

August 28, 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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Voya Energy Raises $35 Million to Scale Aluminum-Based Energy System

Voya Energy, a company that develops aluminum-based metal-fuel energy systems, has raised $35 million in a Series A funding round to support the commercial deployment of...

August 28, 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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Sembcorp Green Infra Files Draft Papers for ₹37.5 Billion IPO

Renewable energy company Sembcorp Green Infra has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to ₹37.5...

August 28, 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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Certain Energy Raises $14 Million to Scale Manganese Flow Batteries

Certain Energy, a UK long-duration energy storage company developing manganese flow batteries, has raised £10 million (~$13.63 million) in a Series A funding round to...

August 28, 2026

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Renu

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Energy Storage

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Finance and M&A
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Byhmgard Acquires Rights to 50 MW Battery Storage Project in Finland

Byhmgard, a utility-scale energy storage project developer, has entered into binding agreements through a wholly owned project company to acquire the rights to the 50 MW...

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Daily News Wrap-Up: India Rooftop Solar Additions Surge 131% in 1H 2026

India added 6.6 GW of rooftop solar capacity in the first half (1H) of 2026, up 131% year-over-year (YoY) from 2.8 GW, according to Mercom India Research’s Q2 and 1H...

August 28, 2026

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Mercom Staff

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Daily Wrap-up
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MAHAGENCO Seeks Consultant for Green Hydrogen & Green Ammonia Project

MAHAGENCO Renewable Energy (MREL), a wholly owned subsidiary of Maharashtra State Power Generation Company, has invited bids for consultancy services for a...

August 27, 2026

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Rakesh Ranjan

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Renewable Energy

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Tenders and Auctions
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Expion Energy Raises $9 Million Through Convertible Debenture Placement

Expion Energy (formerly Expion360), a provider of lithium-ion battery power storage solutions, has raised $9 million through a private placement of convertible...

August 27, 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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ACME Solar Secures ₹15.71 Billion from IIFCL for 300 MW FDRE Project

Gurugram-based independent power producer ACME Solar Holdings has secured ₹15.71 billion (~$164.57 million) in funding from India Infrastructure Finance Company (IIFCL)...

August 27, 2026

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Staff

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Finance and M&A

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Renewable Energy
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Juniper Green’s Q1 Revenue Rises 81% on Higher Operational Capacity

Independent renewable energy producer Juniper Green Energy posted operating revenue of ₹2.91 billion (~$305 million) in the first quarter (Q1) of the financial year (FY)...

August 27, 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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Daily News Wrap-Up: Input Costs, Weak Rupee Strain Solar Economics

The sharp rise in key commodity prices, coupled with a weaker rupee, policy uncertainty, and geopolitical disruptions, is intensifying cost pressures across India’s...

August 27, 2026

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Mercom Staff

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Daily Wrap-up

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