Other

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Maharashtra Drafts New Banking Rules, Storage Mandate for Rooftop Solar

The Maharashtra Electricity Regulatory Commission (MERC) has proposed introducing a capacity-based banking framework for renewable energy generating systems irrespective...

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PFC Tenders Transmission System to Evacuate 2 GW of Renewables

PFC Consulting has invited bids to set up an interstate transmission system for evacuating 2 GW of renewable energy from the Solapur SEZ in Maharashtra under Phase II on...

September 22, 2026

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Parth Shukla

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Grid

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Tenders and Auctions
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Maharashtra Proposes Capacity-Based Banking for Renewable Open Access

The Maharashtra Electricity Regulatory Commission (MERC) has proposed new distribution open access regulations that lay out a capacity-based banking framework for...

September 22, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Lineage Power Secures ₹5 Billion Battery Storage System Order from NTPC GE

Lineage Power, a material subsidiary of Pace Digitek, has secured an order worth ₹4.88 billion (~$48.85 million) from NTPC GE Power Services (NGSL) for a battery energy...

September 22, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Form Energy Closes $270 Million Credit Facility for Battery Manufacturing Scale-Up

Form Energy, an iron-air-based battery systems provider for multi-day energy storage, has closed a $270 million credit facility to support manufacturing scale-up and...

September 22, 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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AMPIN Energy Secures $100 Million Investment from Norfund

Renewable energy company AMPIN Energy Transition has raised  up to $100 million (~₹9.58 billion) from Norfund, the Norwegian government’s investment fund for developing...

September 22, 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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Daily News Wrap-Up: Irradiance Data Gaps Threaten Solar Forecasts

India’s average solar irradiance ranges from 3.5 kWh/m²/day to 5.5 kWh/m²/day. Differences between satellite-derived irradiance estimates and actual ground conditions...

September 22, 2026

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Melvin Mathew

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Daily Wrap-up
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Renewable Energy Use Among C&I Units in Visakhapatnam Likely to Surge

Visakhapatnam is emerging as an important clean energy and industrial hub in Andhra Pradesh, supported by investments in solar energy, energy storage, data centers, and...

September 22, 2026

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Melvin Mathew

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C&I

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Renewable Energy
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SMA Solar Commissions 60 GW Energy Equipment Facility in Germany

Solar energy equipment supplier SMA Solar Technology has inaugurated a new gigawatt-scale factory in Niestetal near Kassel, Germany, with an annual production capacity...

September 21, 2026

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Parth Shukla

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Manufacturing

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Renewable Energy
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POWERGRID to Raise ₹50 Billion Through 10-Year Bond Issue

The Power Grid Corporation of India (POWERGRID) has announced plans to raise up to ₹50 billion (~$500 million) with its 84th bond issue for 2026-27. The bonds will have...

September 21, 2026

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Parth Shukla

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Finance and M&A

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Other
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RECPDCL Announces Winner of 400 kV Renewable Transmission Auction

REC Power Development and Consultancy (RECPDCL) has announced the winner of the auction to develop and operate an intrastate electricity transmission system in...

September 21, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Daily News Wrap-Up: Energy Storage Costs Go Beyond Battery Prices

Battery energy storage system project costs in India vary widely depending on system configuration, storage duration, grid interconnection requirements, engineering,...

September 21, 2026

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Mercom Staff

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Daily Wrap-up
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Branch Energy Raises $33 Million to Expand Distributed Battery Storage

Branch Energy, a distributed energy company that provides battery storage systems to commercial buildings, has raised $33 million in a Series B funding round led by Piva...

September 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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Lithium Argentina Closes $180 Million Strategic Investment from Ganfeng

Lithium Argentina, a producer of lithium carbonate for lithium-ion batteries, has closed a $180 million strategic investment from Ganfeng Lithium Group through the...

September 18, 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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Jupiter Power Secures $1.4 Billion for 1.5 GW Battery Storage Projects

Jupiter Power, a utility-scale energy storage project developer and operator, has closed $1.4 billion in financing across four transactions to support ten storage...

September 18, 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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