Other

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Energy Trading Startup Shatterdome Energy Raises $3.5M Pre-Seed Funding

Shatterdome Energy, an AI-driven energy trading and virtual power plant startup, has raised $3.5 million in pre-seed funding to develop an energy trading platform for...

May 22, 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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Daily News Wrap-Up: India Installs 2.7 GW Solar Open Access in Q1 2026

India added 2.7 GW of solar open access capacity in the first quarter of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55%...

May 22, 2026

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Staff

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Daily Wrap-up
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GridStor Acquires 199 MW Colorado Battery Storage Project from Accelergen

GridStor, a developer and operator of utility-scale battery energy storage projects, has acquired the 199 MW/796 MWh Birdseye battery storage project in Adams County,...

May 21, 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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Hull Street Energy to Acquire 1.4 GW Clean Power Portfolio

Hull Street Energy, a U.S.-based investment firm focused on power infrastructure, has signed an agreement to acquire FirstLight USA from the Public Sector Pension...

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Godawari to Invest ₹2 Billion for Battery Energy Storage System Manufacturing

Godawari Power & Ispat’s (GPIL) board of directors announced plans to invest an additional ₹2 billion (~$20.77 million) in its wholly owned subsidiary, Godawari New...

May 21, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Storage Gains Ground in Kerala’s Residential Rooftop Solar

Kerala’s residential rooftop solar market saw a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard grid-connected...

May 21, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Storage Drives India’s Policy Shift in Q1 2026

India’s renewable energy sector is entering a phase of stricter regulatory compliance, growing integration of storage, and evolving market structures, according to...

May 20, 2026

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Mercom Staff

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Daily Wrap-up
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CIP, BII Launch $300 Million India Renewable Energy Platform

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), and British International Investment (BII) announced the launch of North Star, a...

May 20, 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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Funding and M&A Roundup: Crux Secures $500 Million Debt Facility

From: Mercom Capital Group Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s...

May 20, 2026

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Dibin DB

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Finance and M&A

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Other
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Project Finance Brief: Sunraycer Secures $901M for Solar and Storage Projects

From: Mercom Capital Group Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, closed a $901 million project financing facility to...

May 20, 2026

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Dibin DB

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Finance and M&A

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Other
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Elong Power Holding Closes $6 Million Public Offering

Elong Power Holding, a company that provides lithium-ion battery solutions for energy storage systems and electric vehicles, has announced the closing of its $6 million...

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Enel to Acquire 270 MW US Solar Portfolio for $140 Million

Enel, through its wholly owned subsidiary Enel Green Power North America, has signed an agreement with a U.S. utility to acquire seven operational solar projects. The...

May 19, 2026

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Dibin DB

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Finance and M&A

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Other

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Solar
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ReNew’s FY 2026 Net Profit Doubles as Capacity Additions Sustain Momentum

Decarbonization solutions company ReNew’s revenue for the fourth quarter (Q4) of financial year (FY) 2025-26 rose 9.5% to ₹31.79 billion (~$330.44 million) from ₹29.05...

May 19, 2026

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Arjun Joshi

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Finance and M&A

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Other
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India’s Policies Shift Focus to Storage, Grid Reliability, and Compliance in Q1 2026

India’s renewable energy sector is entering a phase of stricter regulatory compliance, growing integration of storage, and evolving market structures, according to...

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Daily News Wrap-Up: NLC Announces Winners of 500 MWh EPC Battery Storage Auction

NLC India announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s substations....

May 19, 2026

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Mercom Staff

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Daily Wrap-up

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