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Kerala Begins Shifting Toward Solar-Plus-Storage as Rooftop Market Matures

Kerala’s residential rooftop solar market has seen a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard grid-connected rooftop solar systems are now showing interest in adding ...

May 20, 2026

Mercom Research Focus

India’s Policies Shift Focus to Storage, Grid Reliability, and Compliance in Q1 2026

India’s renewable energy sector is entering a phase of stricter regulatory compliance, growing integration of storage, and evolving market structures, according to Mercom India’s newly released Q1 2026 Renewable Energy Policy Impa...

May 19, 2026

Energy Storage

NLC India Announces Winner of 250 MW/500 MWh EPC Battery Storage Auction

NLC India has announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s substations. Pace Digitek won the auction for the engineering, procurem...

May 18, 2026

Renewable Energy

India’s RTC Push Is Laying the Groundwork for Hourly Clean Energy Matching: Interview

India’s power system has advanced in time-based operations, with electricity scheduled and dispatched in 15-minute intervals. Yet, the country’s clean energy accounting still largely operates on an annual basis, masking the mismat...

May 19, 2026

Latest News

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Funding and M&A Roundup: Crux Secures $500 Million Debt Facility

From: Mercom Capital Group Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s infrastructure credit investment platform. Skadden, Arps, Slate, Meagher &...

May 20, 2026

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Solar Cell Manufacturers Need Transition Window to Bridge Supply Gap: Interview

India has mandated the use of India-made solar cells in solar projects from June 1, 2026, under the Approved List of Models and Manufacturers (ALMM) to boost domestic solar manufacturing. While the policy initiative has been welcomed, the industry...

May 20, 2026

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Project Finance Brief: Sunraycer Secures $901M for Solar and Storage Projects

From: Mercom Capital Group Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, closed a $901 million project financing facility to support three solar and battery storage projects in Texas. The financing was provided...

May 20, 2026

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ONGC’s Mehsana Asset Saves ₹4.5 Million Annually with 370-kW Solar Carport

The KDM Complex, the administrative head office of the Oil and Natural Gas Corporation’s (ONGC) Mehsana asset, is saving nearly ₹4 million (~$46,800) to ₹4.5 million (~$52,650) annually on power expenses after installing a 370-kW solar carport. The...

May 19, 2026

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Telangana Proposes Allowing Recovery of FCA Charges Beyond ₹0.3/kWh

The Telangana Electricity Regulatory Commission (TGERC) has proposed removing the cap on the recovery of fuel cost adjustment (FCA) charges of  ₹0.3 (~$0.003)/kWh. The proposed amendment allows FCA charges above ₹0.3(~$0.003)/kWh to be adjusted...

May 19, 2026

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Power Ministry Approves Transmission Lines for 650 MW Renewable Projects

The Ministry of Power has authorized three renewable energy companies to lay overhead transmission lines to connect 650 MW of renewable energy projects in Rajasthan and Andhra Pradesh. The authorizations were granted under Section 164 of the...

May 19, 2026

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Municipal Corporation in Andhra Pradesh Tenders 4.5 MW Solar Projects

Rajamahendravaram Municipal Corporation (RMC) has floated two tenders for the development of grid-connected solar projects in Andhra Pradesh, with a cumulative capacity of 4.5 MW. Bids must be submitted by May 29, 2026. Bids will be opened on May 30....

May 19, 2026

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Levelized Cost of Solar-Plus-Storage Fell to $54-82/MWh in 2025: IRENA

Firm-levelized cost of energy (LCOE) for solar plus storage solutions fell to $54-82/MWh by 2025 in high-irradiance solar regions and strong wind corridors globally from over $100/MWh in 2020, according to a report by the International Renewable...

May 19, 2026

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Madhya Pradesh Proposes Easing Net Metering Process Under PM Surya Ghar

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued the draft First Amendment to the Grid Interactive Renewable Energy Systems Related Matters Regulations, 2024, incorporating provisions related to the PM Surya Ghar: Muft Bijli...

May 19, 2026

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