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Soaring Input Costs, Weak Rupee Cast Shadow on Solar Project Economics

The sharp rise in key commodity prices, coupled with a weaker rupee, policy uncertainty, and geopolitical disruptions, is intensifying cost pressures across India’s solar value chain in 2026. Higher input costs are squeezing manuf...

August 26, 2026

Markets & Policy

Karnataka Cuts Generic Tariff for PM Surya Ghar Projects

The Karnataka Electricity Regulatory Commission (KERC) has approved new generic tariffs for grid-connected distributed solar projects and solar projects under different metering mechanisms, applicable from August 25, 2026, to June...

August 25, 2026

Mercom Research Focus

CERC’s Connectivity Relief a Double-Edged Sword for Delayed Renewable Projects

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time t...

August 24, 2026

C&I

Competitive Green Loans Lower Financing Barrier for C&I Rooftop Solar

Access to finance is becoming less of a barrier for commercial and industrial (C&I) consumers looking to adopt rooftop solar and other renewable energy solutions, as banks expand financing options tailored to different borrowe...

August 26, 2026

Latest News

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Wind Turbine Manufacturer Senvion Gets $100 Million Funding from Alfanar

Wind turbine manufacturer Senvion India has secured an additional $100 million (~₹9.53 billion) in direct capital funding from Alfanar Group to support its technology development, manufacturing operations, business growth, and project pipeline. The...

August 26, 2026

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NTPC Green Seeks Quality Coordinating Agency for 296 MW Solar Project

NTPC Green Energy (NGEL) has invited bids to engage a qualified coordinating agency (QCA) for forecasting and scheduling services for its 296 MW Fatehgarh solar project in Rajasthan. The last date to submit bids is August 28, 2026. Bids will be...

August 26, 2026

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Gujarat Cuts Green Energy Open Access Banking Charges to ₹1/kWh

The Gujarat Electricity Regulatory Commission (GERC) has reduced the banking charge for green energy open access consumers to ₹1 (~$0.011)/kWh from September 1, 2026, to March 31, 2027. GERC had set banking charges of ₹1.50 (~$0.0159)/kWh under the...

August 26, 2026

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South Central Railway Eyes Expansion After Gains from 2.5 MW Rooftop Solar

Railway stations offer large roof areas across passenger terminals, administrative buildings, and service sheds. By installing rooftop solar systems on these structures, Indian Railways can boost electricity generation close to the point of...

August 26, 2026

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Japan Awards 38.2 MW of Solar Projects to Seven Companies in 29th Auction

Seven companies won Japan’s 29th solar power auction for projects of at least 250 kW, securing 38.2 MW out of the original auctioned capacity of 115 MW under the feed-in premium (FIP) program. The winning bidders were as follows: A total of eight...

August 26, 2026

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Tamil Nadu Targets 50% Renewables in Power Mix by 2031

Tamil Nadu plans to increase renewable energy to 50% of its power mix by 2031, backed by new solar and wind capacity, battery energy storage systems, pumped storage projects, transmission upgrades, and additional incentives for rooftop solar. The...

August 26, 2026

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PFC Awards Transmission Project to Support 4.5 GW of Pumped Storage Capacity

PFC Consulting has announced the winner of the auction to develop an interstate transmission system (ISTS) for a network expansion near Satara in Maharashtra, to support the evacuation of 4,500 MW of pumped storage capacity. Adani Energy Solutions...

August 26, 2026

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Australia Launches Tender for 1.8 GW Renewable Energy Capacity

Australia has issued a tender to add around 1.8 GW of renewable generation capacity in Western Australia’s Wholesale Electricity Market, under its Capacity Investment Scheme (CIS). Tender 11 aims to support Western Australia’s rising demand...

August 26, 2026

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Eastern Railway Invites Bids for 1.5 MW Rooftop Solar Systems

The Asansol Division of the Eastern Railway has invited bids to install grid-connected rooftop solar systems with a total capacity of 1,500 kW under the renewable energy service company model. The last date to submit bids is September 29, 2026....

August 26, 2026

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MENA Weekly Round-Up: Egypt Approves 1 GW Solar, 600 MWh Battery Project

Egypt approved a major solar-plus-storage project in Minya Governorate, granting Nefer Minya Renewable Energy a golden license to develop 1 GW of solar capacity alongside a 600 MWh battery energy storage system. The $750 million project will be...

August 26, 2026

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