Other

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Solarworld’s Q1 Revenue Up by 121%, Bets Big on Energy Storage Business

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions has reported a revenue of ₹1.78 billion (~$18.62 million) in the first quarter (Q1) of the...

August 17, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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RECPDCL Tenders Transmission System to Evacuate 12 GW of Renewable Power

REC Power Development and Consultancy (RECPDCL) has invited bids to establish three packages of an interstate transmission system (ISTS) for evacuating 12 GW of...

August 17, 2026

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Melvin Mathew

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T&D

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Tenders and Auctions
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Solex’s Q1 Revenue Up 2% YoY, Cell and Module Manufacturing Expansion on Track

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹2.66 billion (~$27.84 million) for the first quarter (Q1) of the financial year (FY) 2027, up...

August 17, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Solar Module Prices May Rise Ahead of ALMM-II Compliance

Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening...

August 17, 2026

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Mercom Staff

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Daily Wrap-up
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SMA Solar Swings to Profit in 1H 2026, Raises Full-Year Guidance

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €686.6 million (~$789.6 million) for the first half (1H) of 2026, up 0.3%...

August 17, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Form Energy Raises $750 Million to Scale Iron-Air Battery Production

Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more than...

August 14, 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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Londian Wason Raises $94.3 Million in New York Stock Exchange IPO

Londian Wason, a manufacturer of electrolytic copper foil, has raised $94.3 million through its initial public offering. The company is listed on the New York Stock...

August 14, 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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PFC Consulting Invites Bids for Transmission System in Jammu & Kashmir

PFC Consulting has invited bids to establish an intrastate transmission system for the development of a 220/132 kV substation at Rajouri-II and Akhnoor-II in the Union...

August 14, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY

Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing...

August 14, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: India Adds 27 GW of Solar in 1H 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India...

August 14, 2026

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Mercom Staff

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Daily Wrap-up
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Rajasthan Floats Consultancy Tender for 45 MW Renewable Energy Projects

Rajasthan Renewable Energy Corporation (RRECL) has invited bids to select an agency to prepare detailed project reports (DPRs) for 45 MW of renewable energy projects in...

August 13, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Odisha Amends Renewable Energy Policy to Support Wind, Storage

The Odisha government has announced additional incentives for battery energy storage, removed the capacity cap on wind project allocations, and extended electricity duty...

August 13, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Inox Clean Raises ₹15 billion from Motilal Oswal Group

Motilal Oswal Group has committed ₹15 billion (~$157.20 million) to Inox Clean Energy, the integrated renewable energy platform of the INOXGFL Group. Of the amount, ₹10...

August 13, 2026

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Staff

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: DCR Push Triggers a Solar Module Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s solar...

August 13, 2026

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Melvin Mathew

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Daily Wrap-up
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Yulu Raises $93 Million in Series C Funding, Eyes 200,000 EV Fleet

Electric mobility-as-a-service company Yulu has raised $93 million in a Series C funding round led by GEF Capital Partners. The funding comprises $63 million in equity...

August 12, 2026

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Rakesh Ranjan

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EV

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Finance and M&A

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