Other

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Fidra Energy Acquires 1 GW Battery Storage Project in the UK

Fidra Energy, a battery storage project developer backed by EIG and the National Wealth Fund, has acquired the 1,025 MW Enderby battery storage project in Leicestershire,...

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Inox Wind’s Q4 FY26 Revenue Slips 2.4% YoY Amid Supply Chain Disruptions

Wind energy solutions provider Inox Wind (IWL) posted revenue of ₹12.44 billion (~$130.5 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 2.4%...

June 5, 2026

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Parth Shukla

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Finance and M&A

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Wind
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Heat Pump Retrofit to Save Pharmaceutical Company ₹43 Million Annually

As industrial electrification gains momentum, heat pumps are emerging as an effective solution to reduce fuel consumption and improve energy efficiency. The...

June 5, 2026

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Parth Shukla

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C&I

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Energy Efficiency

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Other Energy
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Mercom Renewables Summit Returns for its Sixth Edition in July 2026

Mercom India’s sixth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 1 and 2, 2026, at the Hyatt Regency in New Delhi. A...

June 5, 2026

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Extreme Weather Puts Solar Modules to the Test

Recent extreme weather events in Rajasthan and other parts of the country raised concerns about the structural durability of rooftop solar installations, with industry...

June 5, 2026

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Mercom Staff

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Daily Wrap-up
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ChargePoint Launches Charger for Mass-Market EVs Amid Q1 Revenue Increase

U.S.-based electric vehicle (EV) charging solutions company ChargePoint reported revenue of $101.8 million in the first quarter (Q1) of fiscal year (FY) 2027, a 4.3%...

June 5, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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US Clean Energy Manufacturing Investments Plummet to $758.3 Million in Q1 2026

Clean energy manufacturing investment in the U.S. continued to slow in the first quarter (Q1) of 2026, with businesses announcing $758.3 million in funding across 12 new...

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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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