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India’s Renewable Energy Generation Projected to Grow 4.6% in FY 2027

India’s renewable energy generation, excluding large hydropower, is expected to rise 4.6% from 310.59 billion units (BU) in the financial year (FY) 2026 to 325 BU in FY...

June 18, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy

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Solar
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Daily News Wrap-Up: Maharashtra’s Storage Rule Alters Rooftop Solar Economics

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly...

June 18, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: India Adds 4.6 GWh Energy Storage Capacity in Q1 2026

India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India...

June 17, 2026

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Cypress Creek Secures $3.5 Billion

From: Mercom Capital Group Cypress Creek Energy, a solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases of the...

June 17, 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: Eclipse Raises $23 Million

From: Mercom Capital Group Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a...

June 17, 2026

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Staff

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Finance and M&A

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Other
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Mumbai Mall to Save ₹217 Million Through Zero-Capex HVAC Retrofit

Commercial and industrial (C&I) consumers are increasingly looking beyond renewable energy procurement to reduce electricity costs, with energy efficiency upgrades...

June 16, 2026

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Melvin Mathew

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C&I

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Renewable Energy
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MENA Weekly Round-Up: Morocco to Develop 16 GW Renewables

Morocco plans to invest $16 billion in developing 16 GW of renewable energy capacity over the next five years. By the end of 2025, the country’s operational renewable...

June 16, 2026

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Melvin Mathew

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Renewable Energy

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Wind
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ACME Solar Commissions 120 MWh of Battery Storage Capacity in Rajasthan

Gurgaon-based independent power producer ACME Solar Holdings has commissioned an additional 33.331 MW/120.384 MWh of battery energy storage capacity in Badi Sid village,...

June 16, 2026

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Parth Shukla

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Energy Storage

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Press Releases
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Gujarat Bats for Green Hydrogen, Battery Storage in New Industrial Policy

Unveiling the Viksit Gujarat Industrial Policy 2026, the Gujarat government has identified the manufacturing of renewable energy equipment, battery storage, green...

June 16, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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PFC Consulting Awards Transmission Project to Evacuate 3 GW of Renewables

PFC Consulting has announced the winner of the auction to set up an interstate transmission system (ISTS) to evacuate 3 GW of renewable energy from the Kurnool IV...

June 16, 2026

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Meghana Prasad

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Grid

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Tenders and Auctions
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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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