Other

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Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...

February 20, 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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Supreme Court Raps Tamil Nadu Over Subsidized Electricity Promise

The Supreme Court has issued notices on a writ petition filed by the Tamil Nadu Power Distribution Corporation (TNPDCL) challenging Rule 23 of the Electricity...

February 20, 2026

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B.S. Nagaraj

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Market & Policy

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Other
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Global Lithium-Ion Battery Market Surpassed $150 Billion in 2025: IEA

The global lithium-ion battery market exceeded $150 billion in 2025, up 20% from 2024, according to an International Energy Agency (IEA) report. The report noted that...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Strong Domestic Policy Support, Scale May Moderate India Battery Storage Prices: Interview

Backed by a robust viability gap funding (VGF) program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Sponsored News
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SolarEdge Narrows Loss in Q4 2025 on Enhanced Operational Performance

Israel-based solar inverter manufacturer SolarEdge reported revenue of $335.36 million in the fourth quarter (Q4) of 2025, an increase of 71% year-over-year  (YoY) from...

February 20, 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: India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India...

February 20, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Waaree to Set Up 16 GWh Lithium-Ion Battery Gigafactory in Andhra Pradesh

Waaree Energies has announced plans to set up a 16 GWh integrated lithium-ion battery manufacturing plant in Rambili, Anakapalli, Andhra Pradesh, with an investment of...

February 19, 2026

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Melvin Mathew

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Energy Storage

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Press Releases
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Siemens Energy to Set Up 30,000 MVA Power Transformer Factory

Energy solutions provider Siemens Energy has approved an investment of approximately ₹20.6 billion (~$226.33 million) through internal accruals to set up a 30,000 MVA...

February 19, 2026

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Parth Shukla

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Grid

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Press Releases
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Daily News Wrap-Up: Solar and Battery Storage Lead C&I Shift to Clean Power

Commercial and industrial (C&I) entities, large institutions, and residential complexes are increasingly turning to clean power solutions that offer greater cost...

February 19, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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France Launches PPE3 Program to Accelerate Energy Transition

The French government has launched its 3rd Multi-Year Energy Program (PPE3) to increase production of decarbonized, sovereign, and competitively priced energy in the...

February 19, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Global Energy R&D Grows, but Venture Capital Slows: IEA

Energy innovation in 2026 is being shaped by competitiveness, energy security, and supply chain resilience. After several years of strong growth, innovation funding is...

February 19, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Karnataka Halves Additional Surcharge for Open Access Power

The Karnataka Electricity Regulatory Commission (KERC) has approved Bangalore Electricity Supply Company’s (BESCOM) plea to allow it to impose an additional surcharge of...

February 18, 2026

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Melvin Mathew

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Markets & Policy

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Open Access

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Renewable Energy
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CEA Calls for Lowering Thermal Load to Restrict Renewables-Induced Duck Curve

A committee constituted by the Central Electricity Authority (CEA) has called for operating thermal power plants at a minimum technical load (MTL) of 40% and adopting...

February 18, 2026

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B.S. Nagaraj

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Markets & Policy

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Other Energy
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CERC Sets Renewable Consumption Obligation Buyout Price at ₹347/MWh

The Central Electricity Regulatory Commission (CERC) has determined the buyout price as an alternative compliance mechanism for electricity distribution licensees, open...

February 18, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Punjab Tops India’s First Regulatory Performance Rankings in Power Sector

Punjab, Karnataka, and Maharashtra have topped the list of states in the first-ever assessment of regulatory performance in the power sector, with scores of 97, 96, and...

February 18, 2026

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B.S. Nagaraj

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Markets & Policy

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Other

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