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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

Energy Storage

SECI Announces Winners of 6 GWh Peak Power Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate tra...

August 22, 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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L&T Wins 6 GWh Battery Storage Order in the Middle East

Larsen & Toubro (L&T) has secured an order to set up three battery energy storage projects in the Middle East, with a combined storage capacity of 6 GWh. L&T said the order valued between ₹50 billion (~$524.32 million) and ₹100 billion...

August 25, 2026

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Fujiyama to Add 1 GWh Lithium Battery Production Capacity in Madhya Pradesh

Solar energy solutions provider Fujiyama Power Systems (UTL Solar) will invest ₹50 million (~$524,001) to add 1 GWh of lithium battery manufacturing capacity at its Ratlam plant in Madhya Pradesh. The company plans to finance the expenditure through...

August 25, 2026

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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 30, 2029....

August 25, 2026

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MNRE Asks Wind Turbine OEMs to Prove Cybersecurity Compliance by August 31

The Ministry of New and Renewable Energy (MNRE) has directed original equipment manufacturers (OEMs) listed under the Approved List of Models and Manufacturers (ALMM) for wind turbines to submit their cybersecurity compliance status by August 31,...

August 25, 2026

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Renewables Account for 63% of Türkiye’s Installed Power Capacity

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 total installed electricity capacity...

August 25, 2026

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POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana

Power Grid Corporation of India (POWERGRID) has issued a pre-bid tie-up tender to set up a 265 MW/530 MWh standalone battery energy storage system in Haryana. The last date to submit bids is August 31, 2026. POWERGRID has floated the tender to...

August 25, 2026

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Otovo to Acquire Green Panel Solar Energy Systems for $11 Million

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 acquisition to date. The...

August 25, 2026

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Daily News Wrap-Up: CERC Grid Relief Brings Mixed Gains for Developers

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 to meet land,...

August 25, 2026

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