Mercom Research Focus
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India Added 119 GW Solar Module and 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar module and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. The manufacturing expansion was driven by demand from India’...

March 18, 2026

Mercom Research Focus

Easing Group Captive Power Norms May Boost C&I Participation

The Ministry of Power’s (MoP) relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual proportionality requirement, have raised hopes of increased open a...

March 17, 2026

Mercom Research Focus

High Temperatures Emerge as Key Risk for Battery Storage in India

India’s battery energy storage market is entering a new phase of growth, but developers are increasingly facing a constraint that traditional project models have not fully captured: heat. In key renewable hubs such as Rajast...

March 18, 2026

Manufacturing

Use of ALMM-listed Solar Wafers Mandatory a Week After List Publication

The Ministry of New and Renewable Energy has expanded the Approved List of Models and Manufacturers (ALMM) framework by introducing a seven-day cut-off window after the publication of the initial solar wafers list to determine pro...

March 18, 2026

Latest News

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Gujarat Cuts Additional Surcharge for Open Access Power to ₹0.76/kWh

The Gujarat Electricity Regulatory Commission (GERC) has reduced the additional surcharge by ₹0.24 (~$0.002)/kWh to ₹0.76 (~$0.008)/kWh, payable by open access power consumers, from April 1, 2026, to September 30, 2026. The additional surcharge from...

March 20, 2026

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HPERC Fixes Himachal’s Free Power Rate at ₹2.73 /kWh for FY 2027

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set the rate for the sale of the state government’s free power to the Himachal Pradesh State Electricity Board (HPSEBL) at ₹2.73 (~$0.0292)/kWh for the financial year (FY) 2026–27,...

March 20, 2026

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APAR to Procure Wind-Solar Power from CleanMax’s Project in Gujarat

Energy infrastructure solutions company APAR Industries will procure hybrid captive power of 7.34 MW solar and 9.90 MVA from wind turbine generators from Clean Max Rudra, a special purpose vehicle (SPV) of Clean Max Enviro Energy Solutions. The...

March 20, 2026

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Daily News Wrap-Up: India Hit 119 GW Solar Module, 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. The manufacturing expansion was driven by demand from India’s large...

March 20, 2026

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Solarium Green Commissions 1 GW Solar Module Plant in Gujarat

Solar engineering, procurement, and construction (EPC) company Solarium Green Energy has commissioned a fully automated 1 GW solar module manufacturing facility in Ahmedabad, Gujarat. The facility will manufacture up to 725 Wp large-format...

March 18, 2026

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Deendayal Port Invites Bids for Green Hydrogen Storage and Fuel-Cell Power Project

Deendayal Port Authority has invited bids to set up a metal hydride technology-based green hydrogen storage system with a capacity of at least 3 kg and fuel cell-based power generation of at least 4 kW at its port in Kandla, Gujarat. The last date...

March 18, 2026

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India’s Non-Fossil Power Capacity Reaches 52.3% as of January 2026

India’s non-fossil energy sources have reached 52.3% of the country’s total installed power capacity of 520.5 GW as of January 2026, while thermal power continues to account for around 70% of electricity generation, according to the Ministry of...

March 18, 2026

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UltraTech Cement to Source Power from Sunsure Energy’s 60 MW Solar Project

UltraTech Cement, an Aditya Birla Group company, has signed an energy supply agreement and a share subscription & shareholders’ agreement to procure power from Sunsure Solarpark Seven’s 60 MW captive solar project integrated with a battery...

March 18, 2026

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PFC Consulting Tenders ISTS to Evacuate 6.5 GW Renewable Energy in Gujarat

PFC Consulting has invited bids to establish an interstate transmission system (ISTS) to evacuate 5,500 MW of renewable energy from the Jam Khambhaliya Renewable Energy Zone (Phase II) and 1,000 MW from Jamnagar (Phase I). Together, the system is...

March 18, 2026

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KKR to Invest Up to $310 Million in E-Bus Companies Allfleet and PMI Electro

Global investment firm KKR will invest up to $310 million (~₹28.63 billion) and form a partnership with electric bus (e-bus) platform Allfleet and e-bus manufacturer PMI Electro. The investment will enable KKR to acquire a majority stake in Allfleet...

March 18, 2026

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