Other

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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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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The...

July 23, 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: Solar Cell Capacity Under ALMM-II Expands to 31.76 GW

The Ministry of New and Renewable Energy updated the ALMM List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’...

July 23, 2026

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Mercom Staff

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Daily Wrap-up
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Battery Material Company Sila Raises $300 Million in Funding

Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode material and support the...

July 22, 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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JSW Energy’s Q1 FY 2027 Profit Falls 36% YoY on Higher Finance Costs

Independent power producer JSW Energy reported consolidated revenue of ₹54.37 billion (~$564.59 million) in the first quarter (Q1) of the financial year (FY) 2027,...

July 22, 2026

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Arjun Joshi

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Finance and M&A

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Other
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MERC Clears Tariff for Adani Electricity’s 750 MW Renewable Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has adopted a weighted-average levelized tariff of ₹6.38 (~$0.066)/kWh for procuring 750 MW of round-the-clock...

July 22, 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: MNRE to Fund Perovskite Solar Manufacturing Pilot Line

The Ministry of New and Renewable Energy (MNRE) approved the continuation of its Renewable Energy Research and Technology Development program from the financial year...

July 22, 2026

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Parth Shukla

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Daily Wrap-up

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Other
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Clean Energy Meets Key to Expanding Market Access and Industry Connect

In the calendar year 2025, 119 GW of solar modules and over 9 GW of solar cell manufacturing capacity were added in the country, according to Mercom India’s State of...

July 22, 2026

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Parth Shukla

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C&I

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Renewable Energy
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Project Finance Brief: Fidra Secures $312 Million for Energy Storage Project

From: Mercom Capital Group Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery...

July 22, 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: PureSky Closes $62 Million Credit Financing

From: Mercom Capital Group PureSky Energy, a Denver-based developer, owner, and operator of community solar, commercial and industrial solar, and energy storage projects,...

July 22, 2026

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Staff

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Finance and M&A

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Other
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MENA Weekly Round-Up: Oman Tenders 1 GW of Solar Projects

Oman’s Nama Power and Water Procurement Company invited bids to procure electricity from solar projects totaling 1,000 MW. The projects must be commissioned by the...

July 21, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Bihar Regulator Approves Generic Renewable Energy Tariffs for FY 2027

The Bihar Electricity Regulatory Commission (BERC) has approved the generic levelized tariffs for biomass, non-fossil fuel cogeneration, and waste-to-energy projects for...

July 21, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Grid Software Solutions Provider Piq Energy Raises $5 Million in Funding

Piq Energy, a grid planning software company, has raised $5 million in an oversubscribed seed funding round led by Active Impact Investments. Cisco Foundation, Mobilize...

July 21, 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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