Archive

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Daily News Wrap-Up: JAKEDA Tenders 153 MW Rooftop Solar Projects

Jammu and Kashmir Energy Development Agency (JAKEDA) issued a request for selection to empanel developers to set up 152.75 MW of grid-connected rooftop solar projects on...

October 30, 2025

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Mercom Staff

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Daily Wrap-up
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EV Powertrain Company Raises ₹400 Million from Avaana Capital

Greater Noida-based electric vehicle (EV) powertrain design and manufacturing company Tsuyo has raised ₹400 million (~$4.82 million) in a Pre-Series A funding round led...

October 29, 2025

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Staff

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Electric Vehicles

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Finance and M&A
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Saudi Arabia Awards 4.5 GW of Solar and Wind Energy Projects

The Saudi Power Procurement Company (SPPC) has awarded four solar and one wind projects totaling 4.5 GW in the sixth phase of the National Renewable Energy Program...

October 29, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions

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Wind
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ADB Approves $460 Million Loan for Agricultural Solarization in Maharashtra

The Asian Development Bank (ADB) has approved a results-based loan of $460 million to modernize rural power infrastructure, promote distributed renewable energy...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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KPI Green Bags LoI for 600 MW Solar Plus Storage Project from FVE Lifecare

Surat-based renewable energy solutions provider KPI Green Energy has received a letter of intent (LoI) from UAE-based FVE Lifecare General Trading, part of the F Plus...

October 29, 2025

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Arjun Joshi

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Solar

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Utility Scale
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Enphase Q3 Revenue Best in Two Years on Higher Inverter, Battery Demand

Microinverter and battery storage supplier Enphase Energy’s revenue for the third quarter (Q3) of 2025 rose 7.8% year-over-year (YoY) to  $410.4 million from $380.87...

October 29, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Blueleaf, BII Sign $75 Million Agreement to Boost Renewable Energy in India

Singapore-based renewable energy platform Blueleaf Energy has signed an agreement with UK-based development finance institution and impact investor British International...

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Bloom Energy Beats Analyst Estimates Despite $23 Million Q3 Loss

Fuel cell and electrolyzer manufacturer Bloom Energy has reported a revenue of $519.05 million for the third quarter (Q3) of 2025, a 57% year-over-year (YoY) increase...

October 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Premier Energies’ Q2 Revenue Rises 20% on Strong Solar Cell and Module Demand

Solar module and cell manufacturer Premier Energies reported a revenue of ₹18.37 billion (~$208.5 million) in the second quarter (Q2) of the financial year (FY) 2026, a...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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JAKEDA Issues Empanelment Tender for 153 MW Rooftop Solar Projects

Jammu and Kashmir Energy Development Agency (JAKEDA) has issued a request for selection (RfS) to empanel developers to set up 152.75 MW of grid-connected rooftop solar...

October 29, 2025

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Staff

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Solar

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Tenders & Auctions
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Goldi Solar Secures ₹14 Billion in Havells-led Funding Round

Solar module manufacturer Goldi Solar has secured ₹14.22 billion (~$161.07 million) in growth capital in a funding round led by Havells India, high-net-worth individuals,...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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Mumbai Hospital Saves ₹1.3 Million Annually with Rooftop Solar

It’s not just big, power-guzzling industries that are shifting to solar; the healthcare sector is also increasingly adopting clean energy sources. Established in...

October 29, 2025

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Melvin Mathew

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C&I

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Rooftop

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Solar
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NextEra Reaffirms 2025 Guidance Despite Missing Revenue Expectations in Q3

U.S.-based power producer NextEra Energy reported operating revenue of $7.97 billion for the third quarter (Q3) of 2025, a 5% year-over-year (YoY) increase from $7.57...

October 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Adani Green’s Q3 Profit Rises 24.2% on Higher Renewable Energy Sales

Adani Green Energy’s (AGEL) revenue dropped 4.3% year-over-year (YoY) to ₹32.49 billion(~$368.5 million) in the second quarter (Q2) of the financial year (FY) 2026 from...

October 29, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: India’s Wind Capacity Rose 105% YoY in Q3 2025

India added 1.4 GW of wind energy capacity in the third quarter (Q3) of 2025, a 105% year-over-year (YoY) increase from 706.5 MW in Q3 2024, according to Mercom India...

October 29, 2025

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Mercom Staff

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Daily Wrap-up

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