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Mercom Calls for 1,000 GW 10-Year Solar Roadmap to Support India’s Energy Transition

India must set enhanced solar energy targets to provide long-term demand visibility for manufacturers, developers, investors, and financiers, and to support infrastructure development, transmission rollout, and resource planning, ...

July 2, 2026

Finance and M&A

Manufacturing, Storage Draw Capital as Clean Energy Financing Matures

India’s clean energy financing landscape has expanded significantly over the past decade, but investors are becoming more selective as the market matures, with capital shifting toward manufacturing, grid infrastructure, batt...

July 3, 2026

Market & Policy

How Industrial Decarbonization Can Power the Future of Clean Energy Growth

India’s decentralized energy market is emerging as a major driver of clean power demand supported by open-access policies, growing commercial and industrial (C&I) demand, and new business models that make renewable energy adop...

July 3, 2026

Grid

Clean Energy Expansion Spurs Transmission Manufacturing Demand

A panel of experts at the Mercom India Renewables Summit 2026 highlighted the availability of growing opportunities for domestic players to step up manufacturing of power transmission equipment with the rapid buildout of renewable...

July 3, 2026

Latest News

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Coal India Announces Winner of Auction for 20 MW Floating Solar Project

Coal India has announced the winners of its auction to develop a 20 MW floating solar project at Chilwa Taal in Gorakhpur, Uttar Pradesh. The tender was issued in December 2025. A joint venture of Northernexpress Infradevelopers and Rays Power Infra...

July 3, 2026

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Nesa Power Secures $9 Million Debt Funding from Maia Capital Partners

Nesa Power Group, a South Africa-based commercial and industrial renewable energy company, has secured R150 million (~$9 million) in mezzanine debt funding from Maia Capital Partners. Covington & Burling acted as legal counsel to Maia Capital...

July 3, 2026

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Maharashtra Invites Bids for 4 GWh Battery Energy Storage Projects

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to set up 2,000 MW/4,000 MWh of battery energy storage systems (2-hour discharge, 1 cycle per day) connected to the State Transmission Utility (STU) under the Viability...

July 3, 2026

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StarlinePS to Invest $1.6 Billion in Celloraa’s 1.2 GW Solar Cell Facility

StarlinePS Enterprises has announced it will invest ₹1.6 billion (~$17 million) in Celloraa Energy to set up a 1.2 GW Domestic Content Requirement (DCR)-compliant N-Type TOPCon solar cell manufacturing facility in Surat, Gujarat. Originally focused...

July 3, 2026

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MNRE Urges CERC to Retain Separate DSM Framework for Renewable Energy Projects

The Ministry of New and Renewable Energy (MNRE) has urged the Central Electricity Regulatory Commission (CERC) to retain a separate deviation settlement mechanism (DSM) for renewable energy projects, arguing that wind and solar generators should not...

July 3, 2026

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Rajasthan Approves Tender Deviations for Solar-Plus-Energy Storage Project

The Rajasthan Electricity Regulatory Commission (RERC) has approved seven deviations from the Ministry of Power’s firm and dispatchable renewable energy (FDRE) bidding guidelines for Rajasthan Solarpark Development Company’s (RSDCL) tender to set up...

July 3, 2026

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Madhya Pradesh Announces Winners of 800 MW Wind Auction

The Madhya Pradesh Power Management Company (MPPMCL) has announced the winners of the auction for 800 MW of wind energy projects. Atriwal Infrastructure won 57 MW at a tariff of ₹3.98 (~$0.0417)/kWh. Hardi Hydro Energy bagged 100 MW at a tariff of...

July 3, 2026

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