Other

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IEX’s Electricity Trading Volume Rises 7.7% YoY in July

The Indian Energy Exchange (IEX) traded 13,527 million units (MU) of electricity in July 2026, a 7.7% year-over-year (YoY) increase. According to government data,...

August 4, 2026

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Arjun Joshi

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Other

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Renewable Energy
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Distribution Business, Renewables Boost Torrent’s Revenue 3% in Q1 FY 2027

Gujarat-based Torrent Power posted revenue of ₹81.24 billion (~$852.21 million) in the first quarter (Q1) of the financial year (FY) 2026-27, an increase of 3%...

August 4, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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SECI Seeks Trading Partner to Sell Renewable Energy

Solar Energy Corporation of India (SECI) has invited bids to select a collaboration partner to trade renewable power available from its existing and upcoming portfolio....

August 4, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Base Power Raises $1 Billion in Series D Funding Round

Base Power, a distributed energy storage solutions provider, has raised $1 billion in Series D financing at a post-money valuation of $13 billion and started producing...

August 4, 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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Month in a Minute: Top Headlines from the Indian Renewable Sector in July 2026

The Ministry of New and Renewable Energy (MNRE) extended the exemption from the Approved List of Models and Manufacturers (ALMM) List II requirement for solar cells for...

August 4, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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PFC Awards Project to Evacuate 3 GW of Renewables in Andhra Pradesh

Power Finance Corporation (PFC) has announced the winner of the auction to establish the inter-state transmission system (ISTS) for integrating the Ananthapuram-III PS...

August 4, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Daily News Wrap-Up: MNRE Proposes Uniform Solar Cell Nomenclature

The Ministry of New and Renewable Energy (MNRE) invited stakeholder comments on a draft proposal to introduce a standardized nomenclature for solar photovoltaic cell...

August 4, 2026

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Mercom Staff

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Daily Wrap-up
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Green Hydrogen and Storage Key to Curbing Renewables Curtailment: Interview

As India rapidly expands renewable energy capacity, grid constraints are increasing the need for energy storage to support further deployment. Industry executives...

August 3, 2026

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Melvin Mathew

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Renewable Energy

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Solar

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Wind
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Bus, Stationary Growth Lift Ballard’s Top Line 15% in Q2 2026

Fuel cell manufacturer Ballard Power Systems posted revenue of $20.6 million in the second quarter (Q2) of 2026, an increase of 15.4% year-over-year (YoY) from $17.8...

August 3, 2026

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Rakesh Ranjan

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Finance and M&A

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Other Energy
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SJVN’s Q1 FY27 Revenue Jumps 52% YoY; Higher Costs Pull Profits Down

Government-owned power generation company SJVN clocked a consolidated revenue from operations of ₹13.94 billion (~$146.2 million) in the first quarter (Q1) of the...

August 3, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Brookfield Launches $600 Million Lumara Renewable Energy Platform in India

Brookfield Asset Management has launched Lumara Energy, a renewable energy platform that plans to deploy approximately $600 million across an initial portfolio of more...

August 3, 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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Daily News Wrap-Up: Global Solar Funding Rises 56% YoY in First Half of 2026

Global solar companies raised $16.9 billion in corporate funding during the first half (1H) of 2026, a 56% year-over-year (YoY) increase from $10.8 billion in the...

August 3, 2026

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Mercom Staff

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Daily Wrap-up
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Bloom Energy Revenue Jumps 165% YoY in Q2, Beats Analysts’ Expectations

Fuel cell and electrolyzer manufacturer Bloom Energy reported a record revenue of $1.07 billion in the second quarter (Q2) of 2026, a 165.5% year-over-year (YoY)...

July 31, 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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Zenobē Acquires Battery Energy Storage Project Developer sdp energie

Zenobē, an owner and operator of grid-scale battery storage, has acquired Bavaria-based battery energy storage developer sdp energie. According to Zenobē, this...

July 31, 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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Thermal Battery Company Antora Energy Raises $550 Million in Funding

Antora Energy, a developer of thermal batteries, has raised $550 million in an oversubscribed Series C funding round co-led by G2 Venture Partners and Eclipse. New...

July 31, 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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