battery

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Project Finance Brief: Earthrise Energy Secures $360M for Solar Portfolio

From: Mercom Capital Group Earthrise Energy, an independent renewable energy power producer, announced the closing of a $360 million financing package to support the...

December 10, 2025

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Arjun Pradeep

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Finance and M&A

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Other
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Daily News Wrap-Up: PM-KUSUM Achieves 27% of Target as Sunset Date Nears

The government’s ambitious program to solarize the agriculture sector met only 27.2% of the 34,800 MW target so far, with the deadline less than four months away. As of...

December 5, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Pace Digitek’s Subsidiary Secures ₹997 Million BESS Order from Advait

Lineage Power, a material subsidiary of Pace Digitek, has received an order valued at ₹997.10 million (~$11.24 million) from Advait Greenergy, a subsidiary of Advait...

December 4, 2025

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Meghana Prasad

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Energy Storage

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Market & Policy
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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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Funding and M&A Roundup: Residential Solar Company SunPower Acquires Ambia Solar

From: Mercom Capital Group SunPower, a solar technology, services, and installation company, completed the acquisition of Ambia Solar, a solar panel installation company...

December 3, 2025

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Staff

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Solar
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EV Solutions Firm Neuron Energy Raises ₹310 Million in Pre-Series B Funding

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has raised ₹310 million (~$3.47 million) in a pre-series B round to expand its battery manufacturing...

November 28, 2025

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Melvin Mathew

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Energy Efficiency

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Energy Storage
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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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India’s First 3 MWh Vanadium Flow Battery Project Commissioned at NTPC NETRA

India’s first MWh-scale Vanadium Redox Flow Battery (VRFB) project has been commissioned by NTPC at its research and development center, the NTPC Energy Technology...

November 12, 2025

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Meghana Prasad

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Energy Storage

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Market & Policy
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Amara Raja’s Revenue Grows 6.6% in Q2 on Strong OEM, Aftermarket Demand

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.67 billion (~$390.85 million) in the second quarter (Q2) of the financial year (FY) 2026, a 6....

November 7, 2025

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Parth Shukla

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Energy Storage

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Market & Policy
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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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Daily News Wrap-Up: Will Antidumping Duties Boost Solar Investment in India?

The recent recommendation by the Directorate General of Trade Remedies (DGTR) to impose an antidumping duty of up to 30% on Chinese solar cells is likely to boost the...

October 14, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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China Tightens Curbs on Export of Lithium-ion Battery Components

China has announced new export control measures on multiple components used in the manufacturing of lithium-ion batteries and cathode materials, according to the...

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India Added 48.4 MWh of Energy Storage Capacity in 1H 2025

India added 48.4 MWh of energy storage capacity in the first half (1H) of 2025, a 74% decline from 186 MWh added in the same period last year, according to the newly...

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Government Notifies Guidelines for Charging Stations Under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has notified operational guidelines for deploying electric vehicle (EV) public charging stations under the PM Electric Drive...

October 3, 2025

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Staff

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Electric Vehicles

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Market & Policy
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Government Allows 4-Hour, 1-Cycle BESS Operation, Industry Welcomes Move

The Ministry of Power has allowed states to implement standalone battery energy storage system (BESS) projects under viability gap funding (VGF), supported by the Power...

October 3, 2025

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B.S. Nagaraj

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Energy Storage

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Market & Policy

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