Other

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T1 Energy to Acquire KORE Power in $32 Million Battery Storage Deal

T1 Energy, a solar and battery manufacturing company, has entered into a definitive agreement to acquire KORE Power, a battery energy storage systems manufacturer, for...

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Rajasthan Treats GST Rate Cut on Clean Energy Equipment as Change-in-Law Event

The Rajasthan Electricity Regulatory Commission (RERC) has held that the reduction in goods and services tax (GST) on renewable energy devices and parts from 12% to 5%...

June 4, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Inox Clean Energy to Acquire Vena Energy’s 6 GW Renewables Portfolio

Inox Clean Energy, the renewables arm of INOXGFL group, has signed a definitive agreement to acquire Vena Energy India’s 6 GW renewable energy portfolio. Vena Energy...

June 4, 2026

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Melvin Mathew

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Energy Efficiency

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Renewable Energy
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Energy Storage Startup VoltSeal Raises $1.5 Million in Pre-Seed Round

VoltSeal, a distributed battery storage company serving commercial and industrial consumers, has raised $1.5 million in a pre-seed funding round led by Theia Ventures....

June 4, 2026

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Arjun Pradeep

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Energy Storage

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Finance and M&A

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Other
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Daily News Wrap-Up: Solar System Cost Rises for Projects Using Chinese Modules

The average system cost of large-scale solar projects showed mixed trends across module technologies during the first quarter (Q1) of 2026, with Chinese module-based...

June 4, 2026

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Staff

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Daily Wrap-up
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IEX Electricity Volume Rises 19% YoY to 12,983 MU in May

The Indian Energy Exchange (IEX) traded 12,983 million units (MU) of electricity in May 2026, an 18.6% year-over-year (YoY) increase. According to government data,...

June 3, 2026

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Arjun Joshi

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Other

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Renewable Energy
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Tamil Nadu Issues Draft Renewable Energy Tariff Norms Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) has released draft regulations to determine tariffs for renewable energy and non-conventional energy projects...

June 3, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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SECI Yet to Find Offtakers for 9.7 GW Renewable Energy Capacity

The Solar Energy Corporation of India (SECI), the sole renewable energy implementing agency, has 9,675 MW of unsold renewable energy capacity under several auctions,...

June 3, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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Aukera Energy Secures $106 Million Debt for Battery Storage Project in Belgium

Aukera Energy, a renewable energy and battery storage developer, has reached financial close of €97.5 million (~$106 million) on Project Volt, a 170 MW/340 MWh battery...

June 3, 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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Svea Solar Utility Secures $216 Million for Solar and Storage Projects

Svea Solar Utility, an independent renewable power producer, has secured a holding company (HoldCo) financing facility of up to €185 million (~$216 million) from Eiffel...

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Daily News Wrap-Up: MNRE’s ALMM-II Deadline Worries Developers, EPC Players

The Ministry of New and Renewable Energy’s (MNRE) decision not to grant a blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline...

June 3, 2026

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Melvin Mathew

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Daily Wrap-up
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Funding and M&A Roundup: Greenvolt Raises $81 Million Via Green Bond Issue

From: Mercom Capital Group Greenvolt Group, a renewable energy project developer, has completed an additional €70 million (~$81.4 million) issuance of its Green Bonds...

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Project Finance Brief: Bankinter and Plenium Secure $617 Million for Solar Portfolio

From: Mercom Capital Group Bankinter Investment and Plenium Partners have secured €530 million (~$617 million) in financing for a 130 MW solar portfolio owned by Helia...

June 3, 2026

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Renu

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Finance and M&A

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Other
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Month in a Minute: Top Headlines from the Indian Renewable Sector in May 2026

India added 2.7 GW of rooftop solar capacity in the first quarter of 2026, a YoY growth of 125.4% from 1.2 GW and a 25.4% QoQ jump from 2.2 GW, according to Mercom India...

June 2, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Eelpower Energy Acquires 50 MW Battery Storage Project in UK

Eelpower Energy, an energy storage project developer backed by Equitix, Aware Super, and the National Wealth Fund, has acquired the 50 MW/100 MWh Stoneworthy battery...

June 2, 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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