Other

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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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IREDA’s Revenue for Q4 Jumps 14% Amid Higher Loan Disbursements

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted revenue of ₹21.75 billion (~$229 million) in the fourth quarter (Q4) of the financial...

June 2, 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: India’s Solar Imports Jump 14% QoQ in Q1 2026

India imported solar cells and modules worth over $1.27 billion (~₹116 billion) in the first quarter (Q1) of 2026, a 2.8% year-over-year decline from $1.3 billion (~₹112....

June 2, 2026

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Melvin Mathew

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Daily Wrap-up
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Nextpower to Acquire Prevalon Energy for Up to $365 Million

Nextpower, an integrated provider of utility-scale solar infrastructure solutions offering trackers, electrical balance-of-system solutions, software, and robotics, has...

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CeLLife Technologies Raises $4.6 Million to Scale Battery Analytics Platform

CeLLife Technologies, a Finnish battery software company, has closed a €4 million (~$4.6 million) post-seed funding round. The round included the European Innovation...

June 1, 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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Daily News Wrap-Up: Global Energy Storage Funding Reaches $2.3 Billion

Corporate funding for energy storage companies, including venture capital investments, public market funding, and debt financing, increased 5% year-over-year in the...

June 1, 2026

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Mercom Staff

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Daily Wrap-up

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