Mercom India

Mercom India Renewable energy market research, media and events company.

Mercom India (formerly Mercom Communications India) is a subsidiary of U.S.-based Mercom Capital Group, a leading clean energy communications and consulting firm recognized worldwide for its expertise in renewable energy. Mercom is widely recognized for its leadership and influence in helping shape India’s rapidly growing clean energy markets. Mercom India is located in Bangalore and provides research, news, and communications services for clean energy organizations in the Indian market.

Listen to this article Altea Green Power, an independent renewable power producer, has acquired 100% of the SPV NB5, a s...
11/05/2026

Listen to this article Altea Green Power, an independent renewable power producer, has acquired 100% of the SPV NB5, a special-purpose vehicle (SPV) that ownsAltea Green Power Acquires 16.7 MW Solar Project in Italy

Altea Green Power, an independent renewable power producer, has acquired 100% of the SPV NB5, a special-purpose vehicle (SPV) that owns a 16.75 MW photovoltaic project in Montecchio Emilia, Reggio...

ESA Solar Energy, a solar and energy storage project developer, has sold the 150 MW Salzburg battery storage project in ...
11/05/2026

ESA Solar Energy, a solar and energy storage project developer, has sold the 150 MW Salzburg battery storage project in Michigan…ESA Sells 150 MW US Battery Energy Storage Project to Ørsted

ESA Solar Energy, a solar and energy storage project developer, has sold the 150 MW Salzburg battery storage project in Michigan, U.S., to renewable energy company Ørsted. The companies did not...

Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131%...
11/05/2026

Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131% year-over-year increase from the $4.8 billion raised across 39 deals in Q1 2025, according to Mercom Capital Group’s newly released Q1 2026 Solar Funding and M&A Report.Daily News Wrap-Up: Global Solar Corporate Funding Rises 131% YoY in Q1 2026

Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131% year-over-year increase from the $4.8 billion raised across 39 deals in Q1...

The Solar Energy Corporation of India (SECI) has invited bids for a balance-of-system (BoS) package for an 88 MW ground-...
11/05/2026

The Solar Energy Corporation of India (SECI) has invited bids for a balance-of-system (BoS) package for an 88 MW ground-mounted solar project in Chitradurga, Karnataka. The last date to submit bids is June 1, 2026. Bids will be opened on June 4. Bidders must furnish an earnest money deposit of ₹46.9 million (~$496,451) and contract performance security amounting to 10% of the contract value.SECI Floats Balance of System Tender for 88 MW Solar Project in Karnataka

The Solar Energy Corporation of India (SECI) has invited bids for a balance-of-system (BoS) package for an 88 MW ground-mounted solar project in Chitradurga, Karnataka. The last date to submit bids...

Listen to this article The Supreme Court has ruled that Indian Railways cannot claim the status of a deemed distribution...
11/05/2026

Listen to this article The Supreme Court has ruled that Indian Railways cannot claim the status of a deemed distribution licensee (DDL) under the ElectricitySupreme Court Rules Railways Must Pay Open Access Surcharges

The Supreme Court has ruled that Indian Railways cannot claim the status of a deemed distribution licensee (DDL) under the Electricity Act, holding that its electricity infrastructure is intended...

Listen to this article Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million gree...
08/05/2026

Listen to this article Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million green-labeled senior debt warehouse facility to support itsSolar Landscape Secures $600 Million for Distributed Solar Deployment

Solar Landscape, a U.S.-based commercial rooftop solar developer, has secured a $600 million green-labeled senior debt warehouse facility to support its distributed solar project pipeline across the...

The Ministry of New and Renewable Energy (MNRE) has issued a standard procedure for warranty management and claims settl...
08/05/2026

The Ministry of New and Renewable Energy (MNRE) has issued a standard procedure for warranty management and claims settlement for solar modules installed under distributed renewable energy programs, mandating a 10-year product warranty and a 25-year power output warranty.MNRE Mandates 10-Year Warranty, 25-Year Performance Cover for Solar Modules

The Ministry of New and Renewable Energy (MNRE) has issued a standard procedure for warranty management and claims settlement for solar modules installed under distributed renewable energy programs,...

Fuel cell manufacturer Ballard Power Systems’ revenue surged 26% year-over-year (YoY) to $19.4 million in the first quar...
08/05/2026

Fuel cell manufacturer Ballard Power Systems’ revenue surged 26% year-over-year (YoY) to $19.4 million in the first quarter (Q1) of 2026, from $15.4 million on the back of higher deliveries to its rail and bus verticals. Marty Neese, Ballard’s President and CEO, said that increased engine shipments drove the company’s revenue growth in the quarter. Revenue from the rail segment increased to $5.1 million from $100,000 in the same quarter last year. Revenue from the stationary power business rose to $5.2 million from $600,000 last year.Ballard’s Revenue Up 26% in Q1 2026 on Higher Fuel Cell Shipments

Fuel cell manufacturer Ballard Power Systems’ revenue surged 26% year-over-year (YoY) to $19.4 million in the first quarter (Q1) of 2026, from $15.4 million on the back of higher deliveries to its...

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026...
08/05/2026

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5 million and beating analysts’ expectations by $5.03 million. The company expects to achieve break-even operating profit in Q2 2026. Its revenue was driven by shipments of approximately 50,500 inverters, 2.4 million optimizers, and 331 MWh of batteries for PV applications during the quarter. Revenue from the U.S. totaled $150 million, representing 48.4% of SolarEdge’s total revenue. Its revenue from Europe totaled $114 million, or 37% of total revenue.SolarEdge’s Q1 Revenue Rises 41.5% YoY on Higher Inverter and Battery Shipments

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5 million and beating...

Listen to this article Utility-scale energy storage firm Fluence Energy reported revenue of $464.9 million for the secon...
08/05/2026

Listen to this article Utility-scale energy storage firm Fluence Energy reported revenue of $464.9 million for the second quarter (Q2) of fiscal year 2026, a 7.7%Fluence Energy’s Revenue Rises 8% YoY to $465 Million in Q2 2026

Utility-scale energy storage firm Fluence Energy reported revenue of $464.9 million for the second quarter (Q2) of fiscal year 2026, a 7.7% year-over-year (YoY) increase from $431.6 million. Revenue...

Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the...
08/05/2026

Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the fiscal year (FY) 2026, down 60.7% year-over-year (YoY) from $16.7 million. The revenue fell short of analyst expectations of $10.1 million.Pricing Pressure Pushes Flux Power’s Revenue Down 61% YoY in Q3 FY 2026

Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the fiscal year (FY) 2026, down 60.7% year-over-year (YoY) from $16.7 million. The...

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