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Longer Contracts, Higher Expectations Reshape India’s Solar O&M Market

India’s solar operations and maintenance (O&M) segment is moving beyond routine equipment servicing as developers and asset owners place greater emphasis on long-term generation performance, equipment availability, and operati...

October 23, 2026

Mercom Research Focus

India’s Downstream Battery Storage Manufacturing Capacity Reaches 86 GWh

India’s operational battery energy storage manufacturing capacity is heavily concentrated in downstream manufacturing, which accounts for 92% of the total, while cell manufacturing represents just 8%, according to Mercom Ind...

October 22, 2026

Featured

India’s Renewable Energy Expansion Hits a Transmission Roadblock

India’s transmission infrastructure comprised approximately 509,603 circuit kilometers (ckm) of transmission lines and 1,478 gigavolt-amperes (GVA) of transformation capacity as of June 2026, according to Mercom India Research’s S...

October 21, 2026

C&I

Rooftop Solar Offers Significant Savings Potential for Uttar Pradesh Industries

Commercial and industrial (C&I) consumers in Uttar Pradesh could substantially reduce electricity costs through rooftop solar, with an estimated levelized cost of energy (LCOE) of ₹2 (~$0.021)/kWh–₹2.10 (~$0.022)/kWh, compared...

October 22, 2026

Latest News

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Rwanda Energy Corporation Tenders Floating Solar-Plus-Storage Project

Rwanda’s Energy Development Corporation (EDCL) has invited bids from independent power producers to set up a floating solar project with a battery energy storage system at Lake Sake, Ngoma District, in the country’s Eastern Province. Bids must be...

October 23, 2026

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Peak Energy Raises $108 Million to Expand Sodium-Ion Battery Manufacturing

Peak Energy, a sodium-ion battery manufacturer, has raised $108 million in an oversubscribed Series B funding round led by General Motors Ventures to expand its sodium-ion battery manufacturing operations. Maverick Silicon, Infinite Capital, Eclipse,...

October 23, 2026

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Fourth Partner Energy Secures ₹7.5 Billion to Finance Wind-Solar Project

Renewable energy solutions company Fourth Partner Energy (FPEL) has raised ₹7.5 billion (~$79.27 million) from Tata Capital – Cleantech Finance (TCCL) to develop its ongoing solar-plus-wind project with an integrated battery energy storage system in...

October 23, 2026

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India’s Solar Wafer Expansion Faces Utilization and Cost Challenges: Interview

India’s planned expansion of solar ingot and wafer manufacturing capacity could lead to oversupply unless production growth aligns with domestic demand and exports. Agastya Energy has announced plans to invest approximately ₹78 billion (~$826....

October 23, 2026

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Daily News Wrap-Up: India’s Downstream Battery Capacity Hits 86 GWh

India’s battery energy storage manufacturing sector is heavily concentrated in downstream manufacturing, which accounts for 92% of operational capacity, compared with just 8% for cell manufacturing, according to Mercom India’s Energy Storage...

October 23, 2026

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VECKTA Raises $11 Million to Expand Onsite Solar and Storage Platform

VECKTA, an energy planning and procurement platform, has raised $11 million in an oversubscribed Series A funding round led by Origin Ventures. The funding will support the expansion of the company’s U.S. customer team, product capabilities,...

October 23, 2026

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Pivot Energy Secures $500 Million Corporate Credit Facility

Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit facility from Nuveen Energy Infrastructure Capital (Nuveen EIC). The three-year bilateral facility will...

October 23, 2026

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Old Industrial Building Structures Limit Rooftop Solar Sizing in Tamil Nadu

Commercial and industrial (C&I) rooftop solar developers in Tamil Nadu face structural and electrical infrastructure constraints that limit the capacity they can install at their facilities, even when sufficient rooftop space is available. Solar...

October 23, 2026

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Solar PPA Prices Rise 6% YoY in North America, Fall 4% in Europe

Solar power purchase agreement (PPA) prices in North America increased 6% year-over-year (YoY) in the third quarter (Q3) of 2026, while prices in Europe declined 4.1%, according to LevelTen Energy‘s latest PPA Price Index reports. Quarter over...

October 23, 2026

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