Other

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RECPDCL Announces Winner of 4.5 GW Transmission Project

REC Power Development and Consultancy (RECPDCL) has announced the winner of its auction to set up an interstate transmission system (ISTS) to evacuate power from 4.5 GW...

July 24, 2026

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Parth Shukla

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Grid

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Tenders and Auctions
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Brookfield to Acquire Battery Storage Platform Aypa Power for $7 Billion

Brookfield Asset Management, a New York-headquartered global investment firm focused on infrastructure, renewable energy, private equity, real estate, and credit, has...

July 24, 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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MNRE Issues Model Agreement for Electrolyzer as a Service

The Ministry of New and Renewable Energy (MNRE) has issued a model service agreement for electrolyzer-as-a-service to support the adoption of green hydrogen across...

July 24, 2026

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Arjun Joshi

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Markets & Policy

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Other Energy
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Tesla Q2 2026 Revenue Rises 26% on Record Deliveries, Misses Earning Estimates

Electric vehicle (EV) maker Tesla reported total revenue of $28.24 billion in the second quarter (Q2) of 2026, a 26% year-over-year (YoY) increase from $22.5 billion,...

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Daily News Wrap-Up: Solar Module Makers Seek 18-Month ALMM-II Extension

The All India Solar Module Manufacturers urged Union Minister for New and Renewable Energy Pralhad Joshi to provide an 18-month, output-linked transition for the...

July 24, 2026

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Mercom Staff

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Daily Wrap-up
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Electricity Regulations Must Balance Accountability with Developer Flexibility: Interview

Stricter regulations and project oversight can discourage speculative developers, but they may also inadvertently affect genuine developers facing legitimate execution...

July 23, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Waaree Renewable Technologies’ Revenue Surges 53% in Q1 FY 2027

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported consolidated revenue from operations of ₹9.24...

July 23, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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PFC Consulting Invites Bids for Transmission System in Maharashtra

PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 400/220 kV Malegaon (Saundane) air-insulated substation (AIS) in the...

July 23, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over...

July 23, 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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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The...

July 23, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: Solar Cell Capacity Under ALMM-II Expands to 31.76 GW

The Ministry of New and Renewable Energy updated the ALMM List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’...

July 23, 2026

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Mercom Staff

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Daily Wrap-up
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Battery Material Company Sila Raises $300 Million in Funding

Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode material and support the...

July 22, 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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JSW Energy’s Q1 FY 2027 Profit Falls 36% YoY on Higher Finance Costs

Independent power producer JSW Energy reported consolidated revenue of ₹54.37 billion (~$564.59 million) in the first quarter (Q1) of the financial year (FY) 2027,...

July 22, 2026

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Arjun Joshi

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Finance and M&A

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Other
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MERC Clears Tariff for Adani Electricity’s 750 MW Renewable Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has adopted a weighted-average levelized tariff of ₹6.38 (~$0.066)/kWh for procuring 750 MW of round-the-clock...

July 22, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: MNRE to Fund Perovskite Solar Manufacturing Pilot Line

The Ministry of New and Renewable Energy (MNRE) approved the continuation of its Renewable Energy Research and Technology Development program from the financial year...

July 22, 2026

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Parth Shukla

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Daily Wrap-up

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Other

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