Other

thumbnail
China Targets 3.5 TW of Renewable Energy Capacity by 2030

China has set a target to increase its total renewable energy generation capacity to around 3.5 TW by 2030 under its Renewable Energy Development Plan for the 15th...

August 7, 2026

/

Rakesh Ranjan

/

Markets & Policy

,

Renewable Energy
thumbnail
Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY)...

August 7, 2026

/

Melvin Mathew

/

Energy Storage

,

Finance and M&A
thumbnail
Vikram Solar’s Q1 Revenue Up 38% YoY, Profit Hit by Higher Costs of Goods

Solar module manufacturer Vikram Solar reported consolidated revenue from operations of ₹15.63 billion (~$164.2 million) in the first quarter (Q1) of the financial year...

August 7, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY)...

August 7, 2026

/

Rakesh Ranjan

/

Energy Storage

,

Finance and M&A
thumbnail
River Mobility Raises $120 Million in Series C Funding

Electric two-wheeler manufacturer River Mobility has raised $120 million (~₹11.4 billion) in a Series C funding round led by Elev8 Venture Partners and Claypond Capital....

August 7, 2026

/

Melvin Mathew

/

Electric Vehicles

,

Finance and M&A
thumbnail
Daily News Wrap-Up: Tamil Nadu Announces Top-up Subsidy for Rooftop Solar

The Tamil Nadu government announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to ₹100,...

August 7, 2026

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Cabinet Approves ₹237 Billion National Compressed Biogas Program

The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas...

August 6, 2026

/

Rakesh Ranjan

/

Markets & Policy

,

Other
thumbnail
Higher Energy Storage System Sales Boost Sunrun’s Q2 Revenue by 53% YoY

U.S.-based residential solar and battery storage provider Sunrun reported total revenue of $869.99 million in the second quarter (Q2) of 2026, a 52.8% year-over-year...

August 6, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Ore Energy Raises $43 Million to Scale Iron-Air Battery Manufacturing

Ore Energy, a developer of iron-air batteries for long-duration energy storage, has raised $43 million in Series A funding in a round co-led by Plural and HV. Positron...

August 6, 2026

/

Dibin DB

/

Energy Storage

,

Finance and M&A
thumbnail
Tamil Nadu Announces PM Surya Ghar Rooftop Solar Subsidy of Up to ₹100,000

The Tamil Nadu government has announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to...

August 6, 2026

/

Melvin Mathew

/

Markets & Policy

,

Renewable Energy
thumbnail
GE Vernova to Supply 163 MW Turbines for Enfinity’s Wind Farm

Energy equipment manufacturer GE Vernova has signed an agreement with Enfinity Global to supply and install 43 of its 3.8 MW-154m onshore wind turbines. The turbines,...

August 6, 2026

/

Staff

/

Renewable Energy

,

Wind
thumbnail
SolarEdge Returns to Profitability in Q2, Expects Weak Funding Environment in Q3

Israel-based solar inverter manufacturer SolarEdge reported revenue of $346.2 million in the second quarter (Q2) of 2026, a 19.6% year-over-year (YoY) increase from $289....

August 6, 2026

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Energy Storage Can Turn Curtailed Solar into Reliable Power: Interview

Rising renewable energy penetration, rapid capacity additions, and evolving regulatory environment are making energy storage an essential part of India’s power...

August 6, 2026

/

Melvin Mathew

/

Energy Storage

,

Renewable Energy
thumbnail
Daily News Wrap-Up: SECI Issues Tender for Geothermal Assessment

The Solar Energy Corporation of India (SECI) invited expressions of interest for geothermal resource assessment and development in the union territory of Andaman &...

August 6, 2026

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Deep Tech Energy Startup Adiabatic Technologies Raises ₹83 Million

Deep Tech energy startup Adiabatic Technologies has raised ₹83 million (~$872,517) in a seed funding round led by Malpani Ventures and Avinya Ventures. Other investors...

August 5, 2026

/

Staff

/

Energy Storage

,

Finance and M&A

1

2

3

...

468