Other

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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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Uttar Pradesh Jal Nigam Floats Tender for O&M of 1.5 MW Solar Project

Uttar Pradesh Jal Nigam (Urban) has issued a tender for the operation and maintenance (O&M) of a 1.492 MW grid-connected ground-mounted solar project at the Bharwara...

November 27, 2025

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Parth Shukla

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Renewable Energy

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Tenders and Auctions
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Cabinet Approves ₹72.8 Billion Rare Earth Permanent Magnets Manufacturing Program

The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy,...

November 27, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Daily Wrap-Up: Supreme Court Tells MERC to Clear Pleas on Maharashtra MYT Order

The Supreme Court of India directed the Maharashtra Electricity Regulatory Commission (MERC) to review the petitions challenging the impugned multi-year tariff (MYT)...

November 27, 2025

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Mercom Staff

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Daily Wrap-up
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Fluence Misses Analysts’ Estimates in Q4 as Revenue Dips 15% YoY

Utility-scale energy storage firm Fluence Energy recorded a revenue of $1.04 billion in the fourth quarter (Q4) of the fiscal year (FY) 2025, a 15% year-over-year (YoY)...

November 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Pace Digitek Subsidiary Wins Order for 276 MWh of BESS from L&T

Lineage Power, a material subsidiary of Pace Digitek, has received an order worth ₹1.9 billion (~$22.33 million) from Larsen & Toubro to supply 275,825 kWh of...

November 26, 2025

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Parth Shukla

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Energy Storage

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Other

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Tenders & Auctions
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CERC Approves Tariffs for SECI’s 420 MW of Renewable Energy Projects with ESS

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹5.06 (~$0.0567)/kWh and ₹5.07 (~$0.0568)/kWh for 420 MW of Solar Energy Corporation of...

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Daily News Wrap-Up: India’s Rooftop Capacity Rose 161% YoY in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year...

November 26, 2025

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: NeoVolta to Secure $13 Million

From: Mercom Capital Group NeoVolta, a U.S.-based energy storage solutions provider, has entered into agreements for $13 million in private placement financing led by...

November 26, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Neoen Sells 760 MW Operating Renewable Portfolio in France

From: Mercom Capital Group Neoen, an independent renewable energy producer that develops, finances, builds, and operates large-scale solar, wind, and battery storage...

November 26, 2025

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Staff

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Finance and M&A

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Solar
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Pralhad Joshi Launches 240 TPD Biomass Pellet Facility in Haryana

A 240 tons per day (TPD) biomass pellet manufacturing facility in Rewari, Haryana, has been inaugurated by Union Minister for New and Renewable Energy Pralhad Joshi. The...

November 25, 2025

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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: REMCL Announces Winners of 1 GW Renewable Power Auction

Ayana Renewable Power, Jindal Green (Jindal Renewables), Bhalki Solar Power, Purvah Green Power, ReNew Solar Power, and ACME Solar Holdings won the Railway Energy...

November 25, 2025

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Melvin Mathew

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Daily Wrap-up
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COP30 Ends on a Whimper as Belém Declaration Skips Fossil Fuels

The UNFCCC COP30 climate summit in Belém, Brazil, ended without any mention of fossil fuels, after oil-producing countries Russia and Saudi Arabia blocked a deal to...

November 25, 2025

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Parth Shukla

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Markets & Policy

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Other

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Renewable Energy
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MENA Weekly Roundup: Nine Bidders Compete for Bahrain’s 3 MW Solar Project

Bahrain’s Ministry of Electricity and Water Affairs received nine bids for the development of a 3 MW grid-connected solar project for the General Sports Authority. The...

November 24, 2025

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Meghana Prasad

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Other

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Renewable Energy
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Ayana, ReNew, ACME Among Winners of REMCL’s 1 GW RTC Renewable Power Auction

Ayana Renewable Power, Jindal Green (Jindal Renewables), Bhalki Solar Power, Purvah Green Power, ReNew Solar Power, and ACME Solar Holdings have won the Railway Energy...

November 24, 2025

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Meghana Prasad

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Renewable Energy

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Solar

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Tenders & Auctions

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2

3

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