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Rooftop Solar Gets Cheaper as GST Cut Shortens Payback Period for Consumers

With the government reducing the Goods and Services Tax (GST) on several rooftop solar system components, installation costs under the PM Surya Ghar: Muft Bijli Yojana have declined by up to 10%, according to industry sources. In ...

December 30, 2025

Mercom Research Focus

Mercom India’s Most Read News Stories from 2025

Here is a collection of the most-read news stories and in-depth articles of 2025. Many of the top stories this year related to policy moves that influenced rooftop solar markets, trade actions reshaping solar manufacturing economi...

December 30, 2025

Mercom Research Focus

Top Five States for Rooftop Solar Installations in 2025 [Infographics]

India added a record 4.9 GW of rooftop solar capacity during the first nine months (9M) of the calendar year (CY) 2025, a 161% year-over-year (YoY) increase, according to Mercom India’s Q3 2025 India Rooftop Solar Market Report. T...

December 29, 2025

Mercom Research Focus

Five Lowest Solar Plus Storage Auction Tariffs in India During 2025 [Infographics]

Renewable energy implementing agencies are leaning towards integrating energy storage systems with renewable energy to address the intermittency of solar and wind energy generation. The project configurations include round-the-clo...

December 31, 2025

Latest News

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Funding and M&A Roundup: Stardust Power Secures $15 Million

From: Mercom Capital Group Stardust Power, a U.S.-based developer of battery-grade lithium carbonate, has signed a securities purchase agreement with a single institutional investor, providing up to $15 million in senior secured convertible debt...

December 31, 2025

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Project Finance Brief: Octopus Renewables to Sell Stakes in Solar and Wind Projects

From: Mercom Capital Group Octopus Renewables Infrastructure Trust, the diversified renewables infrastructure company, announced the signing of agreements to sell a 49% stake in its full ownership of the 67 MW Breach solar project in Cambridgeshire,...

December 31, 2025

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Honeywell Automation Cuts Power Costs with 332.3 kW Rooftop Solar System

Solar power adoption in India’s commercial and industrial (C&I) sector is accelerating as companies seek to manage rising electricity costs, meet sustainability targets, and ensure long-term energy security. One such company is Honeywell...

December 30, 2025

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Waaree Commissions 3 GW Solar Inverter Facility in Gujarat

Waaree Power, a wholly owned subsidiary of Waaree Energies, has commissioned two 1.52 GW solar inverter manufacturing lines, totalling 3.05 GW, at its facility in Sarodhi-Valsad, Gujarat. The company will manufacture single-phase and three-phase...

December 30, 2025

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Bihar Proposes Generic Renewable Energy Tariffs for FY 2026

The Bihar Electricity Regulatory Commission (BERC) has released a draft tariff order proposing generic levelised tariffs for electricity generated from select renewable energy sources for the financial year 2025-26. Biomass gasifier-based power...

December 30, 2025

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DVC’s PSA With NHPC for 250 MW Firm and Dispatchable Renewable Energy Approved

West Bengal Electricity Regulatory Commission (WBERC) has approved a power sale agreement (PSA) between the Damodar Valley Corporation (DVC) and NHPC for procuring firm-and-dispatchable renewable energy (FDRE) from ACME Solar Holding’s 250 MW solar...

December 30, 2025

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Rajasthan High Court Issues Protective Order Against Anti-Dumping Duty on Solar Modules

The Rajasthan High Court has issued a temporary stay order on the Directorate General of Trade Remedies’ (DGTR) recommendation of imposing anti-dumping duties on imports of solar cells and modules. The High Court issued the stay order following a...

December 30, 2025

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Grew Solar to Supply Modules for NTPC’s 1.46 GW Solar Projects

Solar module manufacturer GREW Solar has secured a contract valued at over ₹20.28 billion (~$225.82 million) from NTPC Renewable Energy (NREL) to supply high-efficiency solar modules with an approximate capacity of 1,464.5 MW for power projects...

December 30, 2025

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Diamond Power Secures Power Cable Supply Order from Solar EPC Firm

Ahmedabad-based integrated power transmission equipment manufacturer Diamond Power Infrastructure has received a letter of intent from Hild Projects, a solar engineering, procurement, and construction contractor, for the supply of power cables. The...

December 30, 2025

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