Other

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Rajasthan Brings Renewable Energy Projects Under Land Conversion Framework

The Rajasthan Government has amended the Rajasthan Land Revenue (Conversion of Agricultural Land for Non-Agricultural Purposes in Rural Areas) Rules, 2007, bringing...

May 14, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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India Adds Record 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in Q1 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market Update Report. Additions...

May 14, 2026

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Arjun Joshi

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Other

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Solar
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Tata Power’s Q4 FY 2026 Revenue Falls 8% on Lower EPC Revenue

Integrated power company Tata Power reported a revenue of ₹159.62 billion (~$1.67 billion) in the fourth quarter (Q4) of the financial year (FY) 2026, a 7.9%...

May 14, 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: Tamil Nadu Issues Draft MYT Framework Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) released its draft multi-year tariff (MYT) regulations for distribution licensees (DISCOMs) covering financial...

May 14, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Plug Power Q1 Revenue Beats Estimates as Electrolyzer Sales Jump

Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in the first quarter (Q1) of 2026, a 22.3% year-over-year (YoY) increase compared to...

May 14, 2026

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Arjun Joshi

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Finance and M&A

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Other
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HPERC Issues Draft Rules Defining Useful Life for Solar, Wind, Biomass Projects

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued the draft Promotion of Generation from the Renewable Energy Sources and Terms and Conditions...

May 13, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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CleanMax’s Q4 Revenue Up 29% on Higher Renewable Energy Sales

Clean energy solutions provider Clean Max Enviro Energy Solutions’ income for the fourth quarter (Q4) of the financial year (FY) 2026 rose 29.2% year-over-year (YoY) to...

May 13, 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: Solar Tenders and Auctions Drop in Q1 2026

In the first quarter (Q1) of 2026, government agencies issued nearly 6 GW of solar tenders, a 68% year-over-year decrease from 17 GW but almost double the capacity...

May 13, 2026

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Mercom Staff

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Daily Wrap-up
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Renewable Energy Solution Providers to Gain from Green Energy Transition

The transition to green energy continues to accelerate in India, driven by policy support, declining solar technology costs, and rising electricity demand across...

May 13, 2026

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Meghana Prasad

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C&I

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Renewable Energy
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Torrent Power’s Q4 FY 2026 Revenue Flat Due to Gas Market Volatility

Gujarat-based Torrent Power posted revenue of ₹64.06 billion (~$673.03 million) in the fourth quarter (Q4) of the financial year (FY) 2026, down 0.8% year-over-year...

May 13, 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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Project Finance Brief: Solar Landscape Secures $600 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million green-labeled senior debt warehouse facility to...

May 13, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Nyobolt Raises $60 Million

From: Mercom Capital Group Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, raised $60 million in a Series C funding round, bringing the company’s...

May 13, 2026

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Staff

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Finance and M&A

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Other
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Array Technologies’ Q1 Revenue Falls 26% YoY, Exceeds Analysts’ Expectations

U.S.-based solar tracker company Array Technologies reported revenue of $223.4 million in the first quarter (Q1) of 2026, down 26% year-over-year (YoY) compared to $302....

May 13, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Gujarat Regulator Clears GUVNL’s Bid Deviations for Firm Renewable Power

The Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam’s (GUVNL) request to modify the bid documents and the draft power...

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Daily News Wrap-Up: Supreme Court Directs Railways to Pay Open Access Charges

The Supreme Court ruled that Indian Railways cannot claim the status of a deemed distribution licensee under the Electricity Act, holding that its electricity...

May 12, 2026

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Mercom Staff

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Daily Wrap-up

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Other

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