Other

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Grenergy Secures $114 Million for 618 MWh Battery Storage Project in Spain

Grenergy, a Spanish clean energy producer, has closed €100 million (~$117.7 million) in senior non-recourse financing, including credit facilities, for its 618 MWh...

July 27, 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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REC’s Revenue Falls 3%, Profit Declines by 6% in Q1 FY 2027

Public infrastructure finance company REC recorded revenue from operations of ₹144.35 billion (~$1.5 billion) for the first quarter of the financial year (FY) 2027, down...

July 27, 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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Waaree Renewable Bags EPC Contract for 800 MW Solar Projects

Waaree Renewable Technologies (WRTL) has received letters of award for engineering, procurement, and construction contracts for two ground-mounted solar projects with a...

July 27, 2026

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Staff

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Renewable Energy

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Solar
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NTPC Green Energy’s Q1 Profit Rises 38% YoY on Higher Generation

NTPC Green Energy (NGEL) reported a net profit of ₹3.05 billion (~$31.55 million) in the first quarter (Q1) of the financial year (FY) 2027, a 38% increase...

July 27, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: US FEOC Rules May Benefit Indian Solar Exporters

With the U.S. beginning to enforce the Foreign Entity of Concern (FEOC) rules and global buyers accelerating China+1 sourcing strategies, Indian solar module...

July 27, 2026

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Mercom Staff

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Daily Wrap-up
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Solar’s Share in India’s Renewable Capacity Climbs to 56.4% in Q2 2026

Solar continued to dominate India’s renewable energy landscape. Installed solar capacity reached 163.7 GW, accounting for 29.7% of the country’s total power...

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RECPDCL Announces Winner of 4.5 GW Transmission Project

REC Power Development and Consultancy (RECPDCL) has announced the winner of its auction to set up an interstate transmission system (ISTS) to evacuate power from 4.5 GW...

July 24, 2026

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Parth Shukla

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Grid

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Tenders and Auctions
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Brookfield to Acquire Battery Storage Platform Aypa Power for $7 Billion

Brookfield Asset Management, a New York-headquartered global investment firm focused on infrastructure, renewable energy, private equity, real estate, and credit, has...

July 24, 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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MNRE Issues Model Agreement for Electrolyzer as a Service

The Ministry of New and Renewable Energy (MNRE) has issued a model service agreement for electrolyzer-as-a-service to support the adoption of green hydrogen across...

July 24, 2026

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Arjun Joshi

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Markets & Policy

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Other Energy
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Tesla Q2 2026 Revenue Rises 26% on Record Deliveries, Misses Earning Estimates

Electric vehicle (EV) maker Tesla reported total revenue of $28.24 billion in the second quarter (Q2) of 2026, a 26% year-over-year (YoY) increase from $22.5 billion,...

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Daily News Wrap-Up: Solar Module Makers Seek 18-Month ALMM-II Extension

The All India Solar Module Manufacturers urged Union Minister for New and Renewable Energy Pralhad Joshi to provide an 18-month, output-linked transition for the...

July 24, 2026

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Mercom Staff

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Daily Wrap-up
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Electricity Regulations Must Balance Accountability with Developer Flexibility: Interview

Stricter regulations and project oversight can discourage speculative developers, but they may also inadvertently affect genuine developers facing legitimate execution...

July 23, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Waaree Renewable Technologies’ Revenue Surges 53% in Q1 FY 2027

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported consolidated revenue from operations of ₹9.24...

July 23, 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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PFC Consulting Invites Bids for Transmission System in Maharashtra

PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 400/220 kV Malegaon (Saundane) air-insulated substation (AIS) in the...

July 23, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over...

July 23, 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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