Other

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RECPDCL Announces Winner of 14 GW Renewable Transmission Project in Gujarat

REC Power Development and Consultancy (RECPDCL) has announced the winner of interstate transmission system (ISTS) project to evacuate 14 GW of renewable energy in...

August 26, 2026

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Melvin Mathew

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Renewable Energy

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T&D

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Tenders and Auctions
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Emerald AI Raises $150 Million Series A Funding at $1.05 Billion Valuation

Emerald AI, a developer of software for managing data center electricity consumption and computing workloads, has raised $150 million in an oversubscribed Series A...

August 26, 2026

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Dibin DB

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Finance and M&A

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Smart Grid
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Wind Turbine Manufacturer Senvion Gets $100 Million Funding from Alfanar

Wind turbine manufacturer Senvion India has secured an additional $100 million (~₹9.53 billion) in direct capital funding from Alfanar Group to support its technology...

August 26, 2026

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Melvin Mathew

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Finance and M&A

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Wind
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Gujarat Cuts Green Energy Open Access Banking Charges to ₹1/kWh

The Gujarat Electricity Regulatory Commission (GERC) has reduced the banking charge for green energy open access consumers to ₹1 (~$0.011)/kWh from September 1, 2026, to...

August 26, 2026

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Melvin Mathew

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Market & Policy

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Renewable Energy

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T&D
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Tamil Nadu Targets 50% Renewables in Power Mix by 2031

Tamil Nadu plans to increase renewable energy to 50% of its power mix by 2031, backed by new solar and wind capacity, battery energy storage systems, pumped storage...

August 26, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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PFC Awards Transmission Project to Support 4.5 GW of Pumped Storage Capacity

PFC Consulting has announced the winner of the auction to develop an interstate transmission system (ISTS) for a network expansion near Satara in Maharashtra, to support...

August 26, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Australia Launches Tender for 1.8 GW Renewable Energy Capacity

Australia has issued a tender to add around 1.8 GW of renewable generation capacity in Western Australia’s Wholesale Electricity Market, under its Capacity Investment...

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Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG

From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan...

August 26, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: MNRE Issues Cybersecurity Compliance Date for Wind OEMs

The Ministry of New and Renewable Energy (MNRE) directed original equipment manufacturers listed under the Approved List of Models and Manufacturers for wind turbines to...

August 26, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: AMPIN Secures $195 Million for Hybrid Storage Project

Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement-backed 100...

August 26, 2026

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Staff

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Finance and M&A

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Other
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L&T Wins 6 GWh Battery Storage Order in the Middle East

Larsen & Toubro (L&T) has secured an order to set up three battery energy storage projects in the Middle East, with a combined storage capacity of 6 GWh. L&T...

August 25, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Fujiyama to Add 1 GWh Lithium Battery Production Capacity in Madhya Pradesh

Solar energy solutions provider Fujiyama Power Systems (UTL Solar) will invest ₹50 million (~$524,001) to add 1 GWh of lithium battery manufacturing capacity at its...

August 25, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Renewables Account for 63% of Türkiye’s Installed Power Capacity

Renewable energy sources accounted for 62.8% of Türkiye’s installed electricity capacity, reaching 79.43 GW at the end of July 2026, according to the country’s Ministry...

August 25, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: CERC Grid Relief Brings Mixed Gains for Developers

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently...

August 25, 2026

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Mercom Staff

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Daily Wrap-up
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Lower Sales Volume Pushes Flux Power’s Revenue Down 51% in Q4 FY 2026

Lithium-ion storage solutions provider Flux Power reported revenue of $8.25 million in the fourth quarter (Q4) of fiscal year (FY) 2026, down 50.7% year-over-year (YoY)...

August 25, 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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