storage

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MENA Weekly Round-Up: Saudi Arabia Awards 4.9 GWh Energy Storage Contracts

The Saudi Electricity Company (SEC) secured two major battery energy storage projects in the northern region of the country with a combined capacity of 4.9 GWh. The...

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CERC Approves ₹4.01/kWh Tariff for SECI’s Solar-plus-Storage Project in Chhattisgarh

The Central Electricity Regulatory Commission (CERC) has approved a levelized tariff of ₹4.01 (~$0.0455)/kWh for Solar Energy Corporation of India’s (SECI) 100 MW solar...

September 11, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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Project Finance Brief: Enfinity Global Secures $368 Million

From: Mercom Capital Group Enfinity Global, a renewable energy project developer, raised €316 million (~$368 million) in financing to support the construction of eight...

September 10, 2025

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Offgrid Raises $15 Million in Series A Round

Gurugram-based battery innovation company Offgrid Energy Labs has raised $15 million in a Series A funding round led by Archean Chemical Industries. This round also saw...

September 2, 2025

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Staff

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Energy Storage

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Finance and M&A
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India’s Solar Growth Hinges on Supply Chain, Storage, and Innovation

India’s renewable energy ambitions are riding on more than just capacity additions. As the country aims to reach 500 GW of renewables by 2030, the real test lies in...

September 1, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Australia Tenders 1.6 GW Renewable Energy and 2.4 GWh Storage Projects

The Australian government has floated tenders for 1,600 MW of renewable energy and 2,400 MWh of clean dispatchable (energy storage) capacity in Western Australia as part...

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Solar to Comprise Half of New US Power Capacity Additions in 2025: EIA

Solar is likely to account for more than half of the 64 GW of new utility-scale electricity that developers plan to bring online in the U.S. this year, according to a...

August 22, 2025

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Staff

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Large Scale

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Solar
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Daily News Wrap-Up: L&T Wins BSGCL’s Solar Plus Storage Auction

Larsen and Toubro Renewables (L&T) won Bihar State Power Generation Company’s auction for the engineering, procurement, and construction of a 116 MW solar power...

August 5, 2025

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Mercom Staff

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Daily Wrap-up
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Hybrid Power Can Play a Central Role in Strengthening Grid Stability

India’s renewable energy landscape has transitioned from standalone solar and wind installations to highly customized hybrid power projects that often include energy...

July 29, 2025

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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: Winners of NHPC’s 1.2 GW Solar Plus Storage Auction

Reliance Infrastructure, JBM Renewables, PNC Infratech, SAEL Industries, and Navayuga Engineering Company won NHPC’s 1.2 GW auction (Tranche-XI) to set up interstate...

July 16, 2025

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Mercom Staff

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Daily Wrap-up
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Germany Awards 488 MW Solar Plus Storage Projects in Innovation Auction

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 488 MW of solar plus storage capacity in the latest round of its innovation tender for renewable energy...

July 4, 2025

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Arjun Joshi

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Solar

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Tenders & Auctions
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CEA Issues Draft Safety Guidelines for Battery Energy Storage Systems

The Central Electricity Authority (CEA) has issued draft guidelines relating to the safety and electric supply of battery energy storage systems (BESS). Stakeholders can...

June 23, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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CPCB Issues Draft Guidelines for Solar Waste Collection and Storage

The Central Pollution Control Board (CPCB) has issued draft guidelines for the collection and storage of waste from solar modules and cells. Stakeholders can submit...

June 10, 2025

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Melvin Mathew

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Modules

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Solar
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Project Finance Brief: Arevon Secures $98 Million for 265 MW Solar Projects

From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, secured a $98 million tax equity commitment from Fifth Third Bank to develop...

June 4, 2025

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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: AMPYR Distributed Energy Secures $229 Million

From: Mercom Capital Group AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, secured £170 million (~$229 million) in debt...

June 4, 2025

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Staff

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Finance and M&A

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Other

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