Mercom Research Focus
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Landed Costs of Solar Open Access Projects Rise on Higher PPA Tariffs

The landed costs for third-party solar open access projects increased in 11 of 15 states for high-tension (HT) industrial consumers, primarily driven by higher power purchase agreement (PPA) tariffs, according to Mercom India&#821...

September 17, 2025

Manufacturing

MNRE Proposes ALMM for Wafers, Ingots in Solar Backward Integration Push

Accelerating its push for creating domestic manufacturing capacities across the solar value chain, the government has proposed mandating the use of India-made wafers under the Approved List of Models and Manufacturers (ALMM) start...

September 15, 2025

C&I

Financing Options for Rooftop and Open Access Solar Projects

Commercial and industrial (C&I) consumers are increasingly evaluating rooftop solar and open access power purchase agreements as cost-effective solutions for reducing electricity expenses and meeting sustainability goals. Howe...

September 16, 2025

Grid

Indian Grid Authorities Call for Action to Prevent Spain-Type Power Blackout

Electricity grid authorities in India have called for a series of actions to prevent an Iberian Peninsula-type blackout disrupting power supply for hours on April 28, 2025. In August, officials from the Ministry of Power, the Grid...

September 17, 2025

Latest News

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Rajasthan Electronics Tenders 5 MW Rooftop Solar Project in Jammu and Kashmir

Rajasthan Electronics and Instruments (REIL) has invited rate contract bids to set up a 5 MW grid-connected rooftop solar project on government buildings in the Union Territory of Jammu and Kashmir. Bids must be submitted by October 7, 2025. Bids...

September 17, 2025

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Servotech Bags Contract for 1.2 MW Rooftop Solar From Northern Railway

Servotech Renewable Power Systems has secured an order from the Moradabad Division of Northern Railway to install a 1.229 MW rooftop solar project at residential and service buildings, as well as level crossing gates. The project’s estimated...

September 17, 2025

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Government Unveils Geothermal Energy Policy to Harness Earth’s Heat

The Ministry of New and Renewable Energy (MNRE) has issued the National Policy on Geothermal Energy to advance research, exploration, drilling techniques, reservoir management, and cost-effective power generation, along with wider adoption of...

September 17, 2025

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Daily News Wrap-Up: Uncertainty Hits Solar Open Access Growth in Telangana

Despite growing demand from energy-intensive industrial sectors, solar open access projects are not seeing much traction in Telangana due to a lack of policy clarity. Open-access developers claim that consumers can save up to ₹5 (~$0.06)/kWh under...

September 17, 2025

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Funding and M&A Roundup: Torus Secures $200 Million

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured a $200 million investment from Magnetar, an alternative asset manager, to accelerate the deployment of its modular hybrid power plant solutions. The new...

September 17, 2025

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Thailand Invites Bids for 280 MW Floating Solar Project at Srinagarind Dam

The Electricity Generating Authority of Thailand (EGAT) has invited bids to develop a 280 MW floating solar project at the Srinagarind Dam, Si Sawat district, in Thailand. EGAT’s fund will finance the project. Bids must be submitted by December 16,...

September 17, 2025

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Project Finance Brief: Nautilus Secures $275 Million for Community Solar Projects

From: Mercom Capital Group Nautilus Solar Energy, a U.S.-based community solar provider, announced the closing of a $275 million long-term debt facility, the company’s largest single debt transaction to date. The facility will support over 25...

September 17, 2025

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Saudi Arabia Invites Bids for 5.3 GW Renewable Energy Projects

The Saudi Power Procurement Company (SPPC), a government-owned entity under Saudi Arabia’s Ministry of Energy, has released tender documents for the seventh round of the country’s National Renewable Energy Program (NREP). The latest round has...

September 16, 2025

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