Other

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RECPDCL Announces Winner of 400/132 kV Substation Auction

REC Power Development and Consultancy (RECPDCL) has announced the winner of its auction to set up a 400/132 kV air-insulated substation (AIS) in Jalna district,...

June 16, 2026

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Parth Shukla

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Grid

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Tenders and Auctions
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Daily News Wrap-Up: ALMM List-II May Tighten Cell Supply for Module Makers

India’s solar manufacturing sector is bracing for short-term pressure in the cell supply chain, with the Ministry of New and Renewable Energy’s (MNRE) mandating that...

June 16, 2026

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Mercom Staff

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Daily Wrap-up
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Supercapacitor Startup Granarium Technologies Raises Over $1.2 Million

Granarium Technologies, a Finland-based supercapacitor startup, has raised over €1 million (~$1.2 million) in total funding, including a pre-seed round led by BSV...

June 15, 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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Daily News Wrap-Up: India’s Solar Project Pipeline Exceeds 200 GW

India’s large-scale solar project pipeline crossed a significant milestone, exceeding 200 GW for the first time, according to data from the Mercom India Renewable Energy...

June 15, 2026

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Mercom Staff

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Daily Wrap-up
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Cypress Creek Secures $3.5 Billion for Steel River Energy Center Project

Cypress Creek Energy, a U.S.-based solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases of the Steel River Energy...

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Sembcorp Completes Acquisition of Alinta Energy for $4.5 Billion

Singapore-headquartered Sembcorp Industries has completed its previously announced acquisition of Australia-based Alinta Energy for an enterprise value of A$6.5 billion...

June 12, 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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Punjab Lowers Additional Surcharge for Open Access Power Consumers

The Punjab State Electricity Regulatory Commission (PSERC) has approved an additional surcharge of ₹1.13 (~$0.013)/kWh for full open access consumers, including green...

June 12, 2026

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Arjun Joshi

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Markets & Policy

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Open Access

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Other
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Daily News Wrap-Up: India’s Floating Solar Potential Assessed at 102 GW

The Ministry of New and Renewable Energy (MNRE) assessed India’s floating solar potential at over 102.18 GW and said it is working on a dedicated program to promote...

June 12, 2026

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Mercom Staff

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Daily Wrap-up
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SECI Invites Bank Quotations for ₹8 Billion Credit Facility

The Solar Energy Corporation of India (SECI) has invited quotations from scheduled commercial banks for non-fund-based credit facilities aggregating up to ₹8 billion...

June 12, 2026

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Rakesh Ranjan

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Renewable Energy

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Tenders and Auctions
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DRI Secures $127 Million for 133 MW Battery Storage Project in Poland

DRI, an Amsterdam-based European renewable energy developer and the European renewables arm of DTEK Group, has secured approximately PLN 470 million (~$127.4 million) in...

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Companion.energy Raises $9 Million to Expand Energy Optimization Platform

Companion.energy, an energy management software platform provider, has raised €7.8 million (~$9 million) in seed funding. Realyze Ventures from Germany and Pi Labs from...

June 11, 2026

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Dibin DB

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Finance and M&A

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Smart Grid
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Chubu Electric to Invest $141 Million in Continuum Green Energy

Japan-based energy utility firm Chubu Electric Power has entered into agreements to invest approximately ¥23 billion (~$141.15 million) in Continuum Green Energy, a...

June 11, 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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US Defense Adds Eight Chinese Clean Energy Firms to its Blacklist

The U.S. has added several solar and energy storage companies to its list of designated “Chinese military companies,” which will face defense-contracting restrictions...

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Daily News Wrap-Up: Solar Open Access Slows in Maharashtra, Tamil Nadu

India’s solar open access market recorded 55% quarter-over-quarter growth in the first quarter (Q1) of 2026, adding 2.7 GW, supported by favorable regulatory...

June 11, 2026

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Meghana Prasad

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Daily Wrap-up

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Other
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Eclipse Raises $23 Million to Expand Battery Storage Platform in Europe

Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a Series A financing round...

June 10, 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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