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Budget 2026 Wishlist: What the Renewable Energy Industry Wants

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more capacity” to building the enablers needed to sustain rapid re...

January 21, 2026

Mercom Research Focus

India Records Highest-Ever Wind Capacity Additions at 6.3 GW in 2025

India added 6.3 GW of wind power capacity in 2025, an 85.2% YoY increase from 3.4 GW in 2024, according to Mercom India Research. The additions marked the highest annual wind installations recorded in the country. India’s wind pow...

January 22, 2026

Energy Storage

Topsun Wins PGCIL’s EPC Auction for 2.1 MW Off-Grid Solar Plus 1.2 MWh BESS

Topsun Energy has won Power Grid Corporation of India’s (PGCIL) auction for providing engineering, procurement, and construction services for a 2.1 MW off-grid solar project with a 300 kW/1,200 kWh battery energy storage system at...

January 21, 2026

C&I

Solar Projects in Maharashtra Offer 3-4 Year Payback Despite Regulatory Shifts

Despite regulatory shifts in Maharashtra, solar projects in the state remain financially attractive, with industry experts noting payback periods of 3 to 4 years and returns that significantly outperform traditional investments. A...

January 22, 2026

Latest News

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Germany Adds 16.4 GW of Solar Capacity in 2025, Setting a New Record

Germany added 16.4 GW of solar capacity in 2025, up 1.2% year-over-year (YoY) and setting a new record, according to data from the Federal Network Agency (Bundesnetzagentur). The country added 16.2 GW of solar capacity in 2024. Recent solar...

January 22, 2026

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US Energy Storage Hits New Q1 Record with Over 2 GW Installed: Report

The global energy storage market grew 43% year over year in 2025, adding 106 GW of new capacity worldwide, a significant increase from 73 GW in 2024, according to Wood Mackenzie. The cumulative energy storage installations stood at 270 GW/630 GWh...

January 22, 2026

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Finnfund Announces $27 Million to Boost Electric Mobility in India

Finnish development financier and impact investor Finnfund has announced two investments totaling $27 million in India, aimed at accelerating the deployment of electric mobility and expanding access to green finance. The investments include a $15...

January 22, 2026

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GoodEnough Commissions 7 GWh of BESS Manufacturing Capacity in Uttar Pradesh

Energy storage solutions company GoodEnough Energy has commissioned an initial 7 GWh capacity of its battery energy storage system (BESS) manufacturing gigafactory in Noida, Uttar Pradesh. The company has invested more than ₹4.5 billion (~$49.07...

January 22, 2026

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US Patent Board Declines Applications Against First Solar’s TOPCon Patents

The U.S. Patent and Trademark Office (USPTO) director has denied three separate inter partes review applications filed by JinkoSolar, Mundra Solar, and Canadian Solar in 2025, seeking to invalidate First Solar’s technology patents, covering methods...

January 21, 2026

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Genus Power to Acquire 100% Stake in Smart Meter Company

Rajasthan-based smart metering solutions and services provider Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in Newlectric Innovation, a smart meter manufacturer. Genus already holds 13.5% of...

January 21, 2026

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Concord Control Bags Order for 3,100 HP Green Hydrogen Hybrid Locomotive From NTPC

Lucknow-based electric systems and solutions provider, Concord Control Systems, has secured a ₹470 million (~$5.16 million) order from NTPC to supply a 3,100 HP green hydrogen hybrid locomotive, marking a global first in high-horsepower...

January 21, 2026

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Draft National Electricity Policy 2026 Tightens Performance Benchmarks for DISCOMs

The Ministry of Power has released the Draft National Electricity Policy (NEP), 2026, for public consultation, aiming to align India’s power sector with the country’s long-term energy transition goals. The central vision of NEP 2026 is to ensure a...

January 21, 2026

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