Other

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CERC Drafts New Deviation Settlement Rules for Hybrid Power, Storage Projects

The Central Electricity Regulatory Commission (CERC) has proposed changes to the framework governing deviation settlement, infirm power injection, and payment timelines....

May 27, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Solarworld’s Q4 Revenue Doubles as its Solar and BESS Manufacturing Scales

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported consolidated revenue from operations of ₹5.92 billion (~$61.94 million) in the fourth...

May 27, 2026

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Arjun Joshi

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Finance and M&A

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Other
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MENA Weekly Round-Up: Masdar Selects Sungrow for UAE RTC Renewable Project

Masdar selected Sungrow as the battery storage and solar inverter supplier for the UAE’s planned 24/7 dispatchable renewable energy project. Developed with Emirates...

May 27, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Daily News Wrap-Up: MNRE Unveils Relief Plan for 45 GW Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) prepared a draft one-time relief package for renewable energy projects that have received Letters of Award but have yet...

May 27, 2026

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Meghana Prasad

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Daily Wrap-up

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Other
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Project Finance Brief: IPX Power Closes $4.95 Billion Solar and Storage Financing

From: Mercom Capital Group IPX Power, an independent power producer, has closed committed financing for the construction and operation of the Darden solar and battery...

May 27, 2026

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Renu

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Finance and M&A

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Other
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Funding and M&A Roundup: Stride Raises $15 Million in Series B Funding

From: Mercom Capital Group Stride, a Vietnam-based rooftop solar financing platform, has raised $15 million in a Series B funding round to expand solar and battery...

May 27, 2026

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Dibin DB

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Finance and M&A

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Other
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MNRE Proposes Relief Package for 45 GW of Renewable Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) has prepared a draft one-time relief package for renewable energy projects that have received Letters of Award (LOAs) but...

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Coal India Allays Coal Shortage Fears as Heat Drives Power Demand

India is in the grip of a sweltering summer, but the electricity grid has managed to meet daytime power demand, which is setting new records. Thanks to coal-based...

May 26, 2026

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B.S. Nagaraj

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Markets & Policy

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Other
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Frontier Power USA to Acquire Battery Storage Project Portfolio in the US

Frontier Power USA, a long-duration energy storage development and investment platform, has signed an agreement to acquire a 480 MWh battery storage project portfolio...

May 26, 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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Amara Raja Q4 Revenue Up 15.5% YoY, Advances Cell, BESS Expansion Plans

Energy storage solutions provider Amara Raja Energy and Mobility reported consolidated revenue from operations of ₹35.36 billion (~$371.19 million) in the fourth quarter...

May 26, 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: JAKEDA Reveals Winners of 153 MW Rooftop Solar Auction

Jammu and Kashmir Energy Development Agency announced the winners of its empanelment auction to select developers to set up grid-connected rooftop solar projects on...

May 26, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Spearmint Energy Secures $450 Million for Texas Battery Storage Project

Spearmint Energy, a utility-scale battery storage project developer, has closed approximately $450 million in financing for Red Egret, a 300 MW/600 MWh standalone...

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NTPC Green Energy’s Q4 Revenue Rises 47% YoY But Profit Slips

NTPC Green Energy reported revenue from operations of ₹9.13 billion (~$95.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 46.7% year-over-year...

May 25, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Australia Awards 7.8 GW of Renewable Energy Projects Under Tender 7

Australia’s Department of Climate Change, Energy, the Environment, and Water (DCCEEW) has awarded 19 renewable energy projects under Tender 7 of the Capacity Investment...

May 25, 2026

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Rakesh Ranjan

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: India’s Solar Manufacturing Faces a Growing Skills Gap

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of...

May 25, 2026

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Melvin Mathew

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Daily Wrap-up

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