energy-storage

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Telangana Invites Bids to Procure 2 GW Pumped Hydro Storage Capacity

The Telangana Power Generation Corporation (TGGENCO) has floated a tender to procure 2,000 MW of energy storage capacity from pumped hydro storage projects under a...

December 26, 2025

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Meghana Prasad

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Key Events that Impacted India’s Solar Sector in 2025

India added 26.6 GW of solar capacity in the first nine months of the calendar year 2025, an increase of 53.7% year-over-year from 17.3 GW, according to the Q3 2025...

December 24, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Funding and M&A Roundup: Alphabet to Acquire Intersect for $4.7 Billion

From: Mercom Capital Group Alphabet, the parent company of Google, entered into a definitive agreement to acquire Intersect, a data center and energy infrastructure...

December 24, 2025

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Staff

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Solar
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Bulgaria Approves $137 Million Funding for 4 GWh Energy Storage Projects

Bulgaria’s Ministry of Energy has approved funding for 31 energy storage system (ESS) projects totaling 4 GWh, worth BGN 228.9 million (~$137.29 million), under its...

December 19, 2025

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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Funding and M&A Roundup: Sun King Secures $40 Million

From: Mercom Capital Group Sun King, an off-grid solar energy company, raised $40 million in equity financing from Lightrock, a global sustainable investment platform....

December 17, 2025

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Staff

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Finance and M&A

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Other
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US Median Solar Module Prices Rose 14% Between January and November: Report

Overall solar module median pricing in the U.S. increased by 14% or $0.035/W from January to November, according to Anza Renewables’ Q4 2025 Quarterly Pricing &...

December 16, 2025

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Melvin Mathew

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Modules

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Solar
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Long-Duration Utility-Scale BESS Project Cost Drops to $125/kWh: Ember

The capital cost for long-duration (4 hours or more) utility-scale battery energy storage systems (BESS) in markets outside China and the U.S. reached roughly $125/kWh...

December 12, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Funding and M&A Roundup: Vulcan Energy Secures $290 Million

From: Mercom Capital Group Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from...

December 10, 2025

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Staff

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Finance and M&A

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Other
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Waaree Wins 288 MW Solar Module Supply Order in the US

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order for the supply of 288 MW of solar modules from Sabancı Renewables, a developer...

December 5, 2025

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Meghana Prasad

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Modules

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Solar
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Sodium-ion to Set to Surge But Still a Sidekick to Lithium by 2030: IRENA

Lithium-ion batteries dominate today because of their long service life, high energy density, high efficiency, and fast power delivery. However, rising demand raises...

December 4, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Neogen and Morita Form JV to Develop Li-ion Battery Business

Neogen Ionics, a subsidiary of Neogen Chemicals, has formed a joint venture with Morita Investment, a subsidiary of Japan-based Morita Chemicals Industries, to advance...

December 1, 2025

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Melvin Mathew

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Energy Storage

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Manufacturing
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Australia Invites Bids for 4 GW/16 GWh Dispatchable Energy Storage Projects

Australia has invited bids to set up 4 GW /16 GWh of dispatchable energy storage capacity in the National Electricity Market (NEM). Bids must be submitted by February 6,...

November 28, 2025

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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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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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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Western Australia Issues First Stage of EoI for 50 MW/500 MWh Vanadium BESS

The Government of Western Australia has issued the first stage of an expression of interest (EoI) for the 50 MW/500 MWh capacity Kalgoorlie vanadium battery energy...

November 25, 2025

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Parth Shukla

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Energy Storage

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Tenders & Auctions

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