Mercom Research Focus
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Deadline Relief Protects Subsidies for Legacy Rooftop Solar Projects

The Ministry of New and Renewable Energy’s (MNRE) decision to extend the deadline for central financial assistance (CFA) claims for legacy rooftop solar projects could help consumers, vendors, and distribution companies (DIS...

September 15, 2026

Breaking

SECI Announces Winners of 900 MWp Solar Module Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of the auction to supply 900 MWp of domestic-content-requirement-compliant solar modules for projects in Radhanesda, Gujarat, under Tranche III of the Central ...

September 15, 2026

Breaking

SECI Awards BoS Contract for 700 MW Solar Project

Solar Energy Corporation of India (SECI) has announced the winner of its balance of system (BoS) package auction for a 700 MW solar project at Raghanesda in the Banaskantha district of Gujarat. LC Infra Projects has won the entire...

September 15, 2026

Energy Storage

Data Center Demand to Accelerate Hybrid Renewables in Andhra Pradesh: NREDCAP

Andhra Pradesh is preparing for rising power demand from data centers and other energy-intensive industries, with plans to ensure reliable clean power through hybrid, firm and dispatchable renewable energy (FDRE), and round-the-cl...

September 15, 2026

Latest News

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CERC Condones Delay in Wind Energy Developer’s REC Application

The Central Electricity Regulatory Commission (CERC) has condoned the delay in filing an application for renewable energy certificates (RECs) for electricity generated in July 2022 by a wind power producer. The Commission relaxed the six-month time...

September 15, 2026

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Ahmedabad Issues Rate Contract Tender for 1 MW Solar Projects

The Ahmedabad Urban Development Authority (AUDA) has invited bids for an annual rate contract for solar projects at various locations in Ahmedabad, Gujarat. The project covers grid-connected rooftop and ground-mounted solar systems aggregating 1,000...

September 15, 2026

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Palisade Acquires 1.4 GW of Wind and Battery Storage Projects in Australia

Palisade Investment Partners, an independent global infrastructure and real assets manager, has acquired 100% interests in two development-stage renewable energy projects in Australia through Intera Renewables. The acquisitions include the...

September 15, 2026

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Gujarat Hikes Additional Surcharge for Open Access Consumers to ₹0.99/kWh

The Gujarat Electricity Regulatory Commission (GERC) has increased the additional surcharge payable by open access consumers by around 30.3% to ₹0.99 (~$0.0103)/kWh for the period from October 1, 2026, to March 31, 2027. The surcharge is ₹0.23 (~$0....

September 15, 2026

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Furo Raises $4 Million to Expand Battery Optimization Platform

Furo, a software company that controls and optimizes commercial and industrial battery storage systems, has raised $4 million to expand its AI-driven platform. TQ Ventures led the funding round, with participation from Neo, Sandberg Bernthal Venture...

September 15, 2026

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Enel Completed Acquisition of 625 MW Solar Portfolio in the US

Enel, a multinational power company, has completed the acquisition of a 625 MW solar portfolio in the United States from Excelsior Energy Capital for approximately $760 million through its wholly owned subsidiaries Enel Green Power North America and...

September 15, 2026

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R3 Lithium Raises $15 Million in Series A Funding for Recycling Facility

R3 Lithium, a U.S. company that recovers lithium carbonate from recycled battery materials, has raised $15 million in Series A funding and begun operations at its lithium carbonate recovery facility in Covington, Georgia. Integral GlobalTech...

September 15, 2026

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SECI Awards Transformer Supply Contract for 700 MW Solar Project

The Solar Energy Corporation of India (SECI) has announced the winner of its auction for the engineering, design, manufacturing, testing, and supply of five 160 MVA, 220/33-33 V power transformers for a 700 MW solar project at Radhanesda in Gujarat....

September 15, 2026

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Railways Floats Rooftop Solar Tender for Banaras Locomotive Works Workshop

The Ministry of Railways has invited bids for supply, installation, testing, and commissioning of a rooftop solar project at the Banaras Locomotive Works (BLW) workshop in Varanasi, Uttar Pradesh. The selected bidder will be working on a 1.5 MW...

September 15, 2026

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CERC Adopts Tariff for SECI’s 1,200 MW Solar-Plus-Storage Project

The Central Electricity Regulatory Commission (CERC) has approved tariffs for Solar Energy Corporation of India’s (SECI) 1,200 MW interstate transmission system (ISTS)-connected solar projects paired with 600 MW/3,600 MWh of energy storage....

September 15, 2026

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