Other

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Fujiyama Commissions 2 GW Power Electronics Facility in Madhya Pradesh

Rooftop solar solutions and products company Fujiyama Power Systems has announced the commissioning of its 2 GW power electronics manufacturing facility in Ratlam...

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Government Bans New Solar, Wind Projects Within 1 km of India’s Borders

The Ministry of Home Affairs (MHA) has said no new solar, wind or hybrid renewable energy project will be permitted within 1 km of India’s international borders, the...

August 10, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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India’s Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030,...

August 10, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Daily News Wrap-Up: SECI Announces Winners of 1 GW FDRE-RTC Auction

The Solar Energy Corporation of India (SECI) announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC)...

August 10, 2026

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Mercom Staff

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Daily Wrap-up
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Inox Wind’s Q1 FY 2027 Revenue Slips 1.5% YoY to ₹8.14 Billion

Wind energy solutions provider Inox Wind reported revenue from operations of ₹8.14 billion (~$85.5 million) in the first quarter (Q1) of the financial year (FY) 2027,...

August 7, 2026

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Arjun Joshi

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Finance and M&A

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Other
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China Targets 3.5 TW of Renewable Energy Capacity by 2030

China has set a target to increase its total renewable energy generation capacity to around 3.5 TW by 2030 under its Renewable Energy Development Plan for the 15th...

August 7, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY)...

August 7, 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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Vikram Solar’s Q1 Revenue Up 38% YoY, Profit Hit by Higher Costs of Goods

Solar module manufacturer Vikram Solar reported consolidated revenue from operations of ₹15.63 billion (~$164.2 million) in the first quarter (Q1) of the financial year...

August 7, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY)...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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River Mobility Raises $120 Million in Series C Funding

Electric two-wheeler manufacturer River Mobility has raised $120 million (~₹11.4 billion) in a Series C funding round led by Elev8 Venture Partners and Claypond Capital....

August 7, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: Tamil Nadu Announces Top-up Subsidy for Rooftop Solar

The Tamil Nadu government announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to ₹100,...

August 7, 2026

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Mercom Staff

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Daily Wrap-up
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Cabinet Approves ₹237 Billion National Compressed Biogas Program

The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas...

August 6, 2026

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Rakesh Ranjan

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Markets & Policy

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Other
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Higher Energy Storage System Sales Boost Sunrun’s Q2 Revenue by 53% YoY

U.S.-based residential solar and battery storage provider Sunrun reported total revenue of $869.99 million in the second quarter (Q2) of 2026, a 52.8% year-over-year...

August 6, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Ore Energy Raises $43 Million to Scale Iron-Air Battery Manufacturing

Ore Energy, a developer of iron-air batteries for long-duration energy storage, has raised $43 million in Series A funding in a round co-led by Plural and HV. Positron...

August 6, 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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Tamil Nadu Announces PM Surya Ghar Rooftop Solar Subsidy of Up to ₹100,000

The Tamil Nadu government has announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to...

August 6, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy

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