Mercom Research Focus
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India Adds Record 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in Q1 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market Update Report. Additions rose more than 143% year-over-year (YoY) from 6.3 GW in Q1 202...

May 14, 2026

Mercom Research Focus

India’s Solar Power Generation Soars 24.3% YoY to 52 BU in Q1 2026

In Q1 2026, India achieved a significant milestone, generating approximately 52 billion units (BU) of solar power, registering a 24.3% year-over-year (YoY) increase, as reported by the Central Electricity Authority (CEA). Solar ge...

May 13, 2026

C&I

Renewable Energy Solution Providers to Gain from Green Energy Transition

The transition to green energy continues to accelerate in India, driven by policy support, declining solar technology costs, and rising electricity demand across commercial, industrial, and residential segments. The growth traject...

May 13, 2026

C&I

Jodhpur Businesses Seek Clean Energy Solutions for Long-Term Power Savings

Jodhpur is one of Rajasthan’s main business hubs. The state is the leading renewable energy producer in India, and commercial and industrial consumers in the city are looking to adopt clean energy solutions to bring their electric...

May 14, 2026

Latest News

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Andhra Pradesh Invites Bids for 93 MW Rooftop Solar Projects

The Southern Power Distribution Company of Andhra Pradesh (APSPDCL) has invited bids to set up 93.2 MW of grid-connected rooftop solar projects through the utility-led aggregation capital expenditure (CAPEX) model under PM Surya Ghar: Muft Bijli...

May 14, 2026

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Stafford Capital Partners Secures $105 Million Refinancing for Solar Portfolio

Stafford Capital Partners, an international private markets investment and advisory firm, secured an €89.4 million (~$105 million) refinancing facility for its STAR I solar portfolio in Italy. BPER Corporate & Investment Banking provided the...

May 14, 2026

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J&V Energy to Acquire 187 MW Operational Solar Portfolio from GIP

J&V Energy Technology, a renewable energy project developer, has agreed to acquire a 187 MW portfolio of operational solar projects in Taiwan from a fund managed by Global Infrastructure Partners (GIP). The portfolio comprises 42 operational...

May 14, 2026

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MN8 Energy Expands Corporate Credit Facility to $650 Million

MN8 Energy, a U.S.-based renewable independent power producer, has closed an upsizing and extension of its corporate credit facility to $650 million from $350 million. The maturity of the facility has been extended from the first quarter of 2028 to...

May 14, 2026

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Tamil Nadu Regulator Approves Tariff for 500 MW Pumped Storage Project

The Tamil Nadu Electricity Regulatory Commission (TNERC) has adopted the tariff discovered for Tamil Nadu Power Distribution Corporation’s (TNPDCL) procurement of 500 MW of pumped storage capacity. The approved procurement is for 500 MW from an...

May 14, 2026

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BHEL Floats Tender for 1.5 MW Rooftop Solar Project in Bhopal

Bharat Heavy Electricals (BHEL) has invited bids to set up a 1,500 kW grid-connected rooftop solar project at its facility in Piplani, Bhopal. The project will connect to the internal 415 V system at the factory, including the 415 V switchgear of...

May 14, 2026

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Indraprastha Gas Tenders 160 MW Solar Project With 28 MWh Battery Storage

Indraprastha Gas (IGL), a joint venture of GAIL India, BPCL, and the Government of Delhi, has invited bids to set up a 160 MW solar power project with a 28 MWh battery storage system in Rajasthan. The successful bidder must operate and maintain the...

May 14, 2026

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Terra Clean Issues Land Aggregation Tender for 100 MW Solar Project

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has issued a request for proposal to aggregate land for an interstate transmission system (ISTS) -connected 100 MW solar project near the Davanagere ISTS Pooling Substation in...

May 14, 2026

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RUMSL Invites Bids for Land for Solar Projects in Madhya Pradesh

Rewa Ultra Mega Solar (RUMSL) has invited expressions of interest for the purchase of private land parcels from prospective land owners to set up solar projects in Madhya Pradesh. The last day to submit the bids is June 8, 2026. The offered land...

May 14, 2026

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Rajasthan Brings Renewable Energy Projects Under Land Conversion Framework

The Rajasthan Government has amended the Rajasthan Land Revenue (Conversion of Agricultural Land for Non-Agricultural Purposes in Rural Areas) Rules, 2007, bringing renewable energy projects’ within the land conversion framework. The projects...

May 14, 2026

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