Mercom Research Focus
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India Must Double Annual Wind Additions to Meet 100 GW Target by 2030

India may struggle to meet its 100 GW wind energy target for 2030, with current installed capacity and a modest pipeline falling short of the required pace. According to Mercom India Renewable Energy Project Tracker, the country h...

June 22, 2026

Mercom Research Focus

Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial and policy-related challenges. While residential demand remains supported by the PM Surya Ghar: Muft Bijli Yojana, adoption across commercial ...

June 19, 2026

Modules

India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

As India expands its solar manufacturing and deployment capabilities, attention is increasingly shifting toward establishing a fully self-reliant domestic supply chain encompassing bill of materials (BoM) and balance-of-system (Bo...

June 24, 2026

Grid

How Transmission Expansion Can Flip India’s Clean Energy Story

India’s renewable energy buildout is entering a phase where transmission readiness is becoming as critical as generation capacity. As solar, wind, hybrid, and storage projects scale across resource-rich states, the ability to shif...

June 23, 2026

Latest News

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Funding and M&A Roundup: Origis Energy Secures $900 Million Credit Facility

From: Mercom Capital Group Origis Energy, a U.S.-based renewable energy project developer, has closed a $900 million corporate credit facility comprising $650 million in funded credit facilities and a $250 million letter-of-credit facility. First...

June 24, 2026

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MNRE Issues SOP to Address Vendor Violations Under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has issued a standard operating procedure to address consumer complaints and violations by registered vendors under the PM Surya Ghar: Muft Bijli Yojana. The program is being implemented nationwide...

June 24, 2026

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Solar Market Hits Record 664 GW Globally in 2025 Amid Fears of Slow Growth

In 2025, a record 664 GW of new solar capacity was installed globally, taking the total operating capacity worldwide to about 2.9 TW, according to SolarPower Europe’s Global Solar Market Outlook 2026-2030. The report stated that solar generated 2,...

June 24, 2026

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Gujarat Commission Rules RoW Issues Qualify as Force Majeure Events

The Gujarat Electricity Regulatory Commission (GERC) has held that right-of-way (RoW) issues qualify to be treated as force majeure events and allowed petitions seeking extension of the scheduled commercial operation date of two wind projects. In...

June 23, 2026

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MNRE Allows Commissioning of Solar Projects Awaiting ALMM-II Exemption

The Ministry of New and Renewable Energy (MNRE) has allowed provisional commissioning of utility, captive, and commercial & industrial (C&I) solar power projects installed before June 1, 2026, but not commissioned before that date, due to...

June 23, 2026

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Energy Management Startup Verse Raises $54 Million

Verse, an energy management platform, has raised $54 million in an oversubscribed Series B funding round led by Bessemer Venture Partners. GV, NVIDIA, Norrsken VC, and other investors also participated in the round. The company said the funding will...

June 23, 2026

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Schroders Greencoat Acquires 50 MW Yarnton Battery Storage Project in UK

Rivington Energy, a developer and manager of renewable energy solutions, has sold a battery energy storage project in Yarnton, Oxfordshire, in the U.K., to funds managed by Schroders Greencoat. Schroders Greencoat is a renewables and energy...

June 23, 2026

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Equitix Secures $573 Million for Hybrid Renewable Projects in Spain

Equitix, an investor, developer, and long-term fund manager of infrastructure assets, has secured €500 million (~$573 million) in project financing from UniCredit, an Italian multinational banking group headquartered in Milan. The financing is...

June 23, 2026

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Delhi High Court Dismisses DISCOMs’ Plea Against CAG Audit

The Delhi High Court has dismissed petitions filed by Delhi’s power distribution companies (DISCOMs) challenging a notice issued by the Government of the National Capital Territory of Delhi (GNCTD) proposing that they be audited by the...

June 23, 2026

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