Other

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PFC Consulting Tenders Interstate Transmission Project in Maharashtra

PFC Consulting has issued a tender to select a transmission service provider to develop an interstate transmission system (ISTS) for a network expansion project. The...

May 4, 2026

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Arjun Joshi

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Grid

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Tenders and Auctions
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Punjab to Procure Firm, Dispatchable Renewable Energy from NHPC

The Punjab State Electricity Regulatory Commission (PSERC) approved the long-term procurement of firm, dispatchable renewable energy by the Punjab State Power...

May 4, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Maharashtra Banking Curbs Make Storage Key for Solar

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

May 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Bajel Projects Secures Two Orders for 500 kV Transmission Lines in MENA

Mumbai-based Bajel Projects, an engineering, procurement, and construction (EPC) company specializing in power transmission and distribution infrastructure, has secured...

April 30, 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 Cell Production Lags Behind Module Manufacturing

India’s solar manufacturing sector is expanding unevenly, with module production scaling rapidly while cell manufacturing continues to lag. Despite policy support and...

April 30, 2026

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Mercom Staff

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Daily Wrap-up
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Clean Energy Meets All Power Demand Growth Globally in 2025 as Solar Surges

Clean energy sources met all global electricity demand growth in 2025, marking a structural turning point for the power sector and halting the long-standing expansion of...

April 30, 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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Berlin-Based Smart Meter Startup VREY Raises $4 Million in Seed Funding

Germany-based VREY, a solar software and smart metering solutions provider, has raised €3.3 million ($3.8 million) in a seed funding round to scale its operations and...

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Matrix Renewables Secures $332 Million Non-Recourse Project Financing

Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has secured £245 million (~$332...

April 29, 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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Emmvee Photovoltaic Reports 116% YoY Surge in FY 2026 Revenue

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, reported a revenue of ₹17.39 billion (~$184 million) in the fourth quarter (Q4) of the...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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REC Reports Record ₹163 Billion FY 2026 Profit, Loan Book Hits ₹5.84 Trillion

Public infrastructure finance company REC recorded a total income of ₹145.83 billion (~$1.54 billion) for the fourth quarter of the financial year 2026, down 5% from...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Enviro Infra’s Subsidiary to Acquire Suyog Urja in $33 Million Deal

Enviro Infra Engineers’ wholly owned subsidiary, EIE Renewables, has signed a share purchase agreement to acquire a 100% stake in Suyog Urja through a phased transaction....

April 29, 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: Rajasthan’s Net Metering Slows Without Guidelines

The Rajasthan Electricity Regulatory Commission notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but...

April 29, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Hybrid Systems, Storage Drive Next Phase of India’s Solar Growth

India’s solar industry is entering a new phase of growth, marked by a rapid shift toward hybrid energy systems, battery storage, and high-efficiency module technologies,...

April 29, 2026

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Rakesh Ranjan

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C&I

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Renewable Energy
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Project Finance Brief: Enviromena Secures $1.1 Billion for Solar Expansion

From: Mercom Capital Group U.K.-based Enviromena, an independent power producer, signed an £825 million (~$1.1 billion) senior portfolio financing package to support the...

April 29, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Exergy3 Raises $13.5M in Seed Funding

From: Mercom Capital Group UK-based Exergy3, a thermal energy storage startup, raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital through...

April 29, 2026

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Staff

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Finance and M&A

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Other

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