Mercom Research Focus
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Open Access Solar Growth Slows in Maharashtra and Tamil Nadu

India’s solar open access market recorded 55% quarter-over-quarter growth in Q1 2026, adding 2.7 GW, supported by favorable regulatory developments, proactive state-level policies, growing consumer awareness, and improved project ...

June 10, 2026

Grid

India’s Renewables Stare at Higher Curtailment Even Without Grid Constraints

With power surpluses projected to range between 48 GW and 115 GW due to changes in the technical minimum generation level of coal-based power stations, India could be staring at renewable energy curtailment in all 2030-31 scenario...

June 10, 2026

Inverters & BOS

Solar Trackers Can Boost Annual Energy Output by Up to 30%: Interview

The large-scale deployment of trackers has been a key growth driver for India’s solar energy sector and has supported the country’s transition to renewables by improving energy output and reducing lifecycle costs compared with con...

June 10, 2026

Mercom Research Focus

FDRE Projects Create New Revenue Streams Through Surplus Power Sales

Firm and Dispatchable Renewable Energy (FDRE) projects are creating new revenue opportunities for developers by enabling the sale of excess renewable generation. These projects typically combine oversized solar, wind, and battery ...

June 9, 2026

Latest News

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NTPC Green Floats EPC Tender for 200 MWh Battery Storage Project

NTPC Green Energy (NGEL) has invited bids for the engineering, procurement, and construction (EPC) of a 50 MW/200 MWh grid-connected battery energy storage system at Jhansi in Uttar Pradesh. The project will be connected to a solar project, which is...

June 11, 2026

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DRI Secures $127 Million for 133 MW Battery Storage Project in Poland

DRI, an Amsterdam-based European renewable energy developer and the European renewables arm of DTEK Group, has secured approximately PLN 470 million (~$127.4 million) in non-recourse project financing for its 133 MW Trzebinia battery energy storage...

June 11, 2026

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Delhi Regulator Permits DISCOMs to Recover Higher Power Purchase Costs

The Delhi Electricity Regulatory Commission (DERC) has allowed distribution companies in the national capital to recover fuel and power purchase adjustment surcharges (FPPAS) above the 10% ceiling for April 2026. The Commission permitted BSES...

June 11, 2026

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Industry Bodies Move Karnataka High Court to Quash ALMM-II Mandate

Renewable energy industry associations have filed a writ petition before the Karnataka High Court to set aside the Ministry of New and Renewable Energy’s (MNRE) mandate requiring solar cells to be sourced from the Approved List of Models and...

June 11, 2026

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ONGC Announces Winner of 250 MW Wind Projects Auction

Oil and Natural Gas Corporation (ONGC) has announced the winner of the auction for 250 MW captive interstate transmission system (ISTS)-connected wind power projects. Prozeal Green Energy bagged the project with a contract value of more than ₹20...

June 11, 2026

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Companion.energy Raises $9 Million to Expand Energy Optimization Platform

Companion.energy, an energy management software platform provider, has raised €7.8 million (~$9 million) in seed funding. Realyze Ventures from Germany and Pi Labs from the U.K. led the round along with Asterion Ventures and other existing investors....

June 11, 2026

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Meghalaya Power Regulator Issues Draft Grid Code

The Meghalaya State Electricity Regulatory Commission (MSERC) has issued the draft Meghalaya State Electricity Regulatory Commission (State Grid Code) Regulations, 2026, which set out guidelines for the planning, operation, scheduling, and...

June 11, 2026

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Chubu Electric to Invest $141 Million in Continuum Green Energy

Japan-based energy utility firm Chubu Electric Power has entered into agreements to invest approximately ¥23 billion (~$141.15 million) in Continuum Green Energy, a renewable power producer in India. Chubu said the investment aims to support India’s...

June 11, 2026

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US Defense Adds Eight Chinese Clean Energy Firms to its Blacklist

The U.S. has added several solar and energy storage companies to its list of designated “Chinese military companies,” which will face defense-contracting restrictions effective June 30, 2026. Among Chinese companies added to the blacklist by the U.S....

June 11, 2026

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India Identifies Over 102 GW Floating Solar Potential

The Ministry of New and Renewable Energy (MNRE) has assessed India’s floating solar potential at over 102.18 GW and said it is working on a dedicated program to promote floating solar deployment nationwide. Union Minister for New and Renewable...

June 11, 2026

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