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News
POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana - Mercom India
5+ hour, 55+ min ago (96+ words) POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana Mercomindia.com POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana The last date to submit bids is August 31, 2026 Power Grid Corporation of India (POWERGRID) has issued a pre-bid…...
Renewables Account for 63% of Türkiye’s Installed Power Capacity - Mercom India
4+ hour, 8+ min ago (338+ words) Solar and wind accounted for 33.8% of the total capacity as of July 2026 Renewable energy sources accounted for 62.8% of Türkiye’s installed electricity capacity, reaching 79.43 GW at the end of July 2026, according to the country’s Ministry of Energy and Natural Resources. Türkiye’s…...
Otovo to Acquire Green Panel Solar Energy Systems for $11 Million - Mercom India
6+ hour, 36+ min ago (387+ words) The acquisition would expand Otovo’s operations to 15 European markets Otovo, a company that provides behind-the-meter energy services, has signed definitive agreements to acquire Green Panel Solar Energy Systems for $11 million. The transaction is expected to be Otovo’s eighth and largest…...
PowerBank to Reacquire 13.9 MW New York Community Solar Projects - Mercom India
1+ day, 2+ hour ago (315+ words) The two projects have estimated construction values of $17 million and $15.5 million PowerBank Corporation, a North American energy company that develops, builds, owns, and operates solar and battery energy storage systems, has executed agreements through its U.S. subsidiary, Abundant Solar Power, to…...
Swift Current Energy Closes $750 Million Corporate Credit Facility - Mercom India
1+ day, 8+ hour ago (345+ words) The three-year facility includes a $250 million accordion option that could increase total capacity to $1 billion Swift Current Energy, a renewable energy project developer, has closed a $750 million corporate credit facility that includes a $250 million accordion option that could increase its…...
Storage Market Could Become Bigger Than Solar and Wind Combined: Interview - Mercom India
3+ day, 15+ hour ago (922+ words) Whether it's curtailment, transmission, or 24/7 power, storage is the missing link As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm power to consumers. At the same…...
Canadian Solar Says Patent Infringement Dispute with Maxeon Resolved - Mercom India
5+ day, 4+ hour ago (93+ words) Canadian Solar Says Patent Infringement Dispute with Maxeon Resolved Mercomindia.com Canadian Solar Says Patent Infringement Dispute with Maxeon Resolved The dispute involved three patents on TOPCon solar cell technology Renewable energy solutions provider Canadian Solar has announced the resolution…...
Mahindra Susten Closes Financing for 150.8 MW Hybrid Renewable Project - Mercom India
5+ day, 6+ hour ago (195+ words) The project secured ₹8.75 billion in financing from Export Import Bank of India Mahindra Susten, the clean-tech arm of the Mahindra Group, has achieved financial closure for its 150.8 MW hybrid renewable energy project being developed under the group captive offtake arrangement…...
Daily News Wrap-Up: Why Rooftop Solar is Stalling in Southern States - Mercom India
5+ day, 8+ hour ago (358+ words) Awarded, tendered battery storage capacity in India reaches 105 GWh Over 105 GWh of battery energy storage system (BESS) capacity is expected to be in place in India by 2029-30, according to data from the Central Electricity Authority. The 31 awarded projects account for…...
Translucent Solar Ramps Up Production at 1.2 GW South Carolina Plant - Mercom India
6+ day, 1+ hour ago (278+ words) Translucent Solar, a U.S.-based solar module manufacturer, has started ramping up production at its 1.2 GW solar module manufacturing facility in Summerville, South Carolina. The company expects the facility to become fully operational by the end of 2026. Translucent Solar said it…...