Mercom Research Focus
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Energy Storage Firms Secure $2.3 Billion in Corporate Funding in Q1 2026

Corporate funding for energy storage companies, including venture capital (VC) investments, public market funding, and debt financing, increased 5% year-over-year (YoY) in the first quarter (Q1) of 2026, according to Mercom Capita...

May 29, 2026

Mercom Research Focus

India’s Rooftop Solar Installations Surge by 125% YoY in Q1 2026

India added 2.7 GW of rooftop solar capacity in the first quarter (Q1) of 2026, a year-over-year (YoY) growth of 125.4% from 1.2 GW and a 25.4% quarter-over-quarter (QoQ) jump from 2.2 GW, according to Mercom India Research’s newl...

May 28, 2026

Mercom Research Focus

New Energy Banking Rules May Hit Maharashtra’s Solar Open Access Project Economics

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial (C&I) solar in the Maharashtra State Electricity Distribution Company (MSEDCL) territory. With banking restricted to the sam...

May 27, 2026

C&I

India’s Solar Growth Shifts Focus to Storage, Land Readiness, and Grid Connectivity

India’s solar market is gradually transitioning from a phase primarily driven by capacity additions to one increasingly centered on execution readiness and system integration. Demand continues to rise across rooftop, commercial an...

May 27, 2026

Latest News

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Colombia Awards 1.8 GW of Renewable Energy Projects in 5th Auction

Colombia’s electricity market and grid operator, XM, has awarded 1,546.9 MW of solar and 246 MW of wind capacity under the Energy and Gas Regulatory Commission’s (CREG) fifth Firm Energy Obligations (OEF) auction. The awarded renewable energy...

May 29, 2026

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Volt Harbor Raises $2 Million to Commercialize Battery Storage Technology

Volt Harbor, an energy storage technology company, has closed a $2 million seed financing round led by MFV Partners to launch and commercialize its patented medium-access-control battery energy storage system technology. The company said the...

May 29, 2026

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Goshe Energy Storage Secures $40 Million Debt Facility

Goshe Energy Storage, a developer, owner, and operator of utility-scale battery storage projects, has secured a HoldCo debt facility of up to $40 million from S2G Investments’ Special Opportunities team. The company said the facility will...

May 29, 2026

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Terra Clean Invites Bids for Power Evacuation from 400 MW Solar Projects

Terra Clean, a subsidiary of Indian Oil Corporation, has invited bids to set up pooling substations and associated power evacuation systems for 400 MW solar power projects in Madhya Pradesh and Gujarat. The successful bidder will also be responsible...

May 29, 2026

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SEBI Says Renewable Projects Awarded to Infrastructure Trusts Meet PPP Criteria

The Securities and Exchange Board of India (SEBI) has said renewable energy generation and supply projects awarded by public sector or government entities to special purpose vehicles (SPVs) of infrastructure investment trusts (InvITs) can be...

May 29, 2026

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Solar-Wind-Battery Hybrid Systems Can Meet Up to 90% of Electricity Demand

As India’s solar market matures and policies increasingly mandate minimum storage requirements, the commercial and industrial (C&I) sector is steadily shifting toward solar-wind hybrid power projects integrated with battery energy storage...

May 29, 2026

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Daily New Wrap-Up: Meghalaya Issues Draft MYT Regulations Through FY 2030

The Meghalaya State Electricity Regulatory Commission (MSERC) issued draft Multi-Year Tariff (MYT) Regulations, 2026, to determine tariffs effective from April 1, 2027. The draft regulations will apply across Meghalaya to existing and future...

May 29, 2026

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Solar to Become World’s Largest Power Source by 2032: Report

Annual solar installations rose nearly ninefold from 75 GW in 2016 to 655 GW in 2025, with solar expected to become the largest zero-carbon power source by the end of this decade before overtaking all other generation sources by 2032. The findings...

May 29, 2026

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NTPC Green Commissions 105 MW at Khavda II Solar Project in Gujarat

NTPC Green Energy (NGEL) has declared the commercial operation of 105 MW of solar capacity at the 1,200 MW Khavda II project in Gujarat. The capacity represents the eighth and final part of the Khavda II solar project. The commercial operation of...

May 28, 2026

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