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Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening module supply and pushing up project costs. Industry executi...
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Mercom Research Focus
India Adds Record 27 GW of Solar Capacity in First Half of 2026India added a record 27 GW of solar capacity in the first half (1H) of the calendar year (CY) 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Solar Market Upda...
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Mercom Research Focus
India’s Floating Solar Push Hinges on More Than SubsidiesIndia’s nascent floating solar market has struggled to scale amid high project costs, complex reservoir engineering, fragmented water-surface allocation, and limited technical standards. The ₹50.7 billion (~$530.20 million) Pradha...
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Energy Storage
GUVNL Announces Winners of 450 MW/900 MWh Battery Storage AuctionGujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap funding from the power system development fund (Phase-IX). NLC I...
August 12, 2026
LATEST HEADLINES
Form Energy Raises $750 Million to Scale Iron-Air Battery Production
Aug 14, 2026
Londian Wason Raises $94.3 Million in New York Stock Exchange IPO
Aug 14, 2026
Saatvik Green’s Q1 Revenue Falls 44% as Manufacturing Expansion Continues
Aug 14, 2026
PFC Consulting Invites Bids for Transmission System in Jammu & Kashmir
Aug 14, 2026
Uttar Pradesh Adopts Tariffs for 31 MW Solar Projects Under KUSUM
Aug 14, 2026
Trending News
Tender & Auctions
Maharashtra Invites EOIs for 115 MW Floating Solar Project with Battery Storage
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Mercom Insights
Solar Module Prices Set to Rise as Procurement Rush Builds Ahead of ALMM-II Deadline
August 13, 2026
August 12, 2026
Energy Storage
Form Energy Raises $750 Million to Scale Iron-Air Battery Production
Latest News
Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more than $2 billion. The funding round was led by T. Rowe Price, along with new investors...
August 14, 2026
Londian Wason, a manufacturer of electrolytic copper foil, has raised $94.3 million through its initial public offering. The company is listed on the New York Stock Exchange under the ticker symbol FOIL. Londian Wason said it is the only copper foil...
August 14, 2026
Haryana-based solar module manufacturer Saatvik Green Energy has reported a revenue of ₹5.11 billion (~$53.56 million) in the first quarter (Q1) of the financial year (FY) 2027, a 44.2% year-over-year (YoY) decrease compared to ₹9.16 billion (~$96...
August 14, 2026
PFC Consulting has invited bids to establish an intrastate transmission system for the development of a 220/132 kV substation at Rajouri-II and Akhnoor-II in the Union Territory of Jammu and Kashmir. The last date to submit bids is October 16, 2026....
August 14, 2026
Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 14 power purchase agreements (PPAs) for 31 MW of solar projects under the feeder-level solarization program of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan...
August 14, 2026
Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing analysts’ estimates by $2.99 million. The company attributed the revenue decline to...
August 14, 2026
The Karnataka Power Corporation (KPCL) has invited bids for consultancy services to prepare a detailed project report (DPR) for the 2,500 MW Varahi pumped storage project (PSP). Bids must be submitted by August 17, 2026. Bids will be opened on...
August 14, 2026
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed solar project developers to execute 20.2 MW of projects under Component C-2 of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program through special...
August 14, 2026
India added a record 27 GW of solar capacity in the first half (1H) of the calendar year 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Solar Market Update. India installed...
August 14, 2026
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