Other

thumbnail
Crux Secures $500 Million Debt Facility for Clean Energy Tax Investments

Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s infrastructure credit...

May 18, 2026

/

Dibin DB

/

Finance and M&A

,

Solar
thumbnail
PFC, REC Boards Decide to Approach President for Merger Approval

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the...

May 18, 2026

/

B.S. Nagaraj

/

Markets & Policy

,

Renewable Energy
thumbnail
Solex’s Q4 Revenue Surges 248% on Higher Module Manufacturing, EPC Orders

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026,...

May 18, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Daily News Wrap-Up: India Adds 1.6 GW of Wind Capacity in Q1 2026

India added nearly 1.6 GW of wind power capacity in the first quarter (Q1) of the calendar year 2026, up 14% quarter-over-quarter from 1.3 GW. The capacity additions...

May 18, 2026

/

Mercom Staff

/

Daily Wrap-up
thumbnail
PFC’s FY 2026 Net Profit Rises 10% YoY, Loan Asset Book Tops ₹11.64 Trillion

State-owned lender to the energy sector, Power Finance Corporation (PFC), has reported consolidated revenue from operations of ₹289.20 billion (~$3.03 billion) in the...

May 15, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Daily News Wrap-Up: India Adds 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market...

May 15, 2026

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Rajasthan Brings Renewable Energy Projects Under Land Conversion Framework

The Rajasthan Government has amended the Rajasthan Land Revenue (Conversion of Agricultural Land for Non-Agricultural Purposes in Rural Areas) Rules, 2007, bringing...

May 14, 2026

/

Rakesh Ranjan

/

Markets & Policy

,

Renewable Energy
thumbnail
India Adds Record 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in Q1 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market Update Report. Additions...

May 14, 2026

/

Arjun Joshi

/

Other

,

Solar
thumbnail
Tata Power’s Q4 FY 2026 Revenue Falls 8% on Lower EPC Revenue

Integrated power company Tata Power reported a revenue of ₹159.62 billion (~$1.67 billion) in the fourth quarter (Q4) of the financial year (FY) 2026, a 7.9%...

May 14, 2026

/

Parth Shukla

/

Finance and M&A

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Tamil Nadu Issues Draft MYT Framework Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) released its draft multi-year tariff (MYT) regulations for distribution licensees (DISCOMs) covering financial...

May 14, 2026

/

Mercom Staff

/

Daily Wrap-up

,

Other
thumbnail
Plug Power Q1 Revenue Beats Estimates as Electrolyzer Sales Jump

Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in the first quarter (Q1) of 2026, a 22.3% year-over-year (YoY) increase compared to...

May 14, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
HPERC Issues Draft Rules Defining Useful Life for Solar, Wind, Biomass Projects

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued the draft Promotion of Generation from the Renewable Energy Sources and Terms and Conditions...

May 13, 2026

/

Rakesh Ranjan

/

Markets & Policy

,

Renewable Energy
thumbnail
CleanMax’s Q4 Revenue Up 29% on Higher Renewable Energy Sales

Clean energy solutions provider Clean Max Enviro Energy Solutions’ income for the fourth quarter (Q4) of the financial year (FY) 2026 rose 29.2% year-over-year (YoY) to...

May 13, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Daily News Wrap-Up: Solar Tenders and Auctions Drop in Q1 2026

In the first quarter (Q1) of 2026, government agencies issued nearly 6 GW of solar tenders, a 68% year-over-year decrease from 17 GW but almost double the capacity...

May 13, 2026

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Renewable Energy Solution Providers to Gain from Green Energy Transition

The transition to green energy continues to accelerate in India, driven by policy support, declining solar technology costs, and rising electricity demand across...

May 13, 2026

/

Meghana Prasad

/

C&I

,

Renewable Energy

1

2

3

...

444