Other

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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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RECPDCL Invites Bids to Evacuate 5 GW of Power from Green Hydrogen Projects

REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate power from 5 GW of green hydrogen/ammonia...

February 5, 2026

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Melvin Mathew

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Grid

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Other Energy

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Tenders and Auctions
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Daily News Wrap-Up: Aggressive Bidding Challenges India’s BESS Development

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies...

February 5, 2026

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Melvin Mathew

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Daily Wrap-up
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Month in a Minute: Top Headlines from the Indian Renewable Sector in January 2026

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

February 4, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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IEX Electricity Volumes Rise 19.6% YoY to Record 13,050 MU in January

Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity traded volume of 13,050 MU in January 2026, registering a 19.6% year-over-year (YoY) growth....

February 4, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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Atlanta Wins ₹2.88 Billion Transformer Orders from KPTCL, Datta Power

Atlanta Electricals has secured multiple power transformer supply contracts, valued at ₹2.88 billion (~$31.56 million), from Karnataka Power Transmission Corporation...

February 4, 2026

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Meghana Prasad

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Grid

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Other
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Daily News Wrap-Up: CSERC Clarifies DSM Charges for Open Access Consumers

The Chhattisgarh State Electricity Regulatory Commission (CSERC) issued clarifications on the applicability of wheeling and Deviation Settlement Mechanism (DSM) charges...

February 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Europe’s Power Market Reprices as Renewables Reshape Value: Pexapark

Europe’s power system has entered a phase dominated by renewables, fundamentally changing price formation, risk allocation, and revenue stability. In 2025, renewables...

February 4, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy

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Solar
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Project Finance Brief: Voltwise Power Closes $211 Million in Acquisition Financing

From: Mercom Capital Group Voltwise Power, a utility-scale battery storage project developer, closed the syndication of a £153.9 million (~$211 million) acquisition...

February 4, 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: Jupiter Secures $500 Million Credit Facility

From: Mercom Capital Group Jupiter Power, a utility-scale energy storage project developer and operator, has secured a $500 million senior-secured green revolving loan...

February 4, 2026

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Staff

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Finance and M&A

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Other
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Tata Power Renewables Commissions 198 MW Captive Wind Project in Tamil Nadu

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has commissioned a 198 MW wind energy project under a group captive model in Karur, Tamil Nadu. The...

February 3, 2026

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Rakesh Ranjan

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Other

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Wind
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Punjab Proposes Stricter Banking Rules for Captive Renewable Energy Projects

The Punjab State Electricity Regulatory Commission (PSERC) has proposed amendments to the Punjab State Electricity Regulatory Commission (Harnessing of Captive Power...

February 3, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Solar Drives Renewables Past Thermal in India’s Power Mix

Solar power accounted for 26.5% of India’s total installed power capacity and 52.7% of the total installed renewable energy capacity as of December 2025. Solar...

February 3, 2026

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Meghana Prasad

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Daily Wrap-up

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Other
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High Electricity Trading Volumes Increase IEX’s Revenue by 14% in Q3 FY 2026

The Indian Energy Exchange (IEX) recorded a consolidated revenue of ₹1.83 billion (~$19.97 million), a 14% year-over-year (YoY) increase from ₹1.61 billion (~$17.50...

February 2, 2026

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Meghana Prasad

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Finance and M&A

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Other

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Renewable Energy
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MENA Weekly Roundup: Nextpower Arabia to Supply 2.25 GWp Trackers to L&T

Nextpower Arabia, the newly formed joint venture between Nextpower and Abunayyan Holding, announced it will supply 2.25 GWp of advanced solar tracking systems to Larsen...

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