Mercom Research Focus
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Solar Installations in India Surge 53.7% YoY in 9M 2025 with 26.6 GW

India added a solar capacity of 26.6 GW in the first nine months (9M) of the calendar year (CY) 2025, an increase of 53.7% year-over-year (YoY) from 17.3 GW, according to the newly released Q3 2025 India Solar Market Update Report...

November 18, 2025

Markets & Policy

Rajasthan Regulator Backs Clean Energy Push, Nixes 3.2 GW Thermal Power Plan

In a significant ruling, the Rajasthan Electricity Regulatory Commission (RERC) has rejected a petition by the state-owned power trading company to procure 3.2 GW of coal-fired thermal power, saying the proposal is inconsistent wi...

November 21, 2025

Markets & Policy

CERC Affirms GST Rate Cut on Renewable Energy Equipment as Change in Law

The Central Electricity Regulatory Commission (CERC) has issued a suo motu order directing that monthly tariffs or charges must be adjusted or refunded from the date the Goods and Services Tax (GST) reduction event occurs, affirmi...

November 19, 2025

Solar

Pace Digitek, Bondada Win MAHAGENCO’s 300 MW Solar EPC Auction

Pace Digitek and Bondada Engineering have won the Maharashtra State Power Generation Company’s (MAHAGENCO) engineering, procurement, and construction auction for 300 MW solar projects, securing 200 MW and 100 MW, respectively. The...

November 18, 2025

Latest News

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UPERC Approves Purchase of 300 MW of Hybrid Renewable Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the procurement of 300 MW of wind–solar hybrid power by Uttar Pradesh Power Corporation (UPPCL) from NHPC at the tariff of ₹3.56 (~$0.040)/kWh, including a trading margin of ₹0....

November 21, 2025

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Türkiye’s 650 MW Solar Auction Receives 77 Bids

Türkiye’s Ministry of Energy and Natural Resources has received 77 applications from 38 companies for the Yenilenebilir Enerji Kaynak Alanı (YEKA) GES-2025 solar power auctions, which will allocate a total capacity of 650 MW across seven provinces....

November 21, 2025

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PFC Tenders ISTS Project for 2.7 GW Renewable Energy Evacuation in Karnataka

PFC Consulting issued a request for proposal (RfP) to establish an interstate transmission system (ISTS) for network strengthening at the Tumkur-II substation, Karnataka, to integrate an additional 2.7 GW of renewable energy. Bids must be submitted...

November 21, 2025

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Telangana Issues Draft Resource Adequacy Regulations

The Telangana Electricity Regulatory Commission (TGERC) has issued the Draft Telangana Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2025, outlining a comprehensive 10-year framework for demand forecasting,...

November 21, 2025

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UPERC Approves Tariffs for 82.6 MW Solar Projects Under KUSUM

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the tariffs discovered through the competitive bidding process for 25 solar projects totalling 82.6 MW under the PM-KUSUM program. The accepted tariffs across these projects...

November 21, 2025

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Global Energy Transition Investment Touched $2.4 Trillion in 2024

Global investments in energy transition technologies reached a record high of $2.4 trillion in 2024, a 20% increase from the average annual levels of 2022/2023, according to the International Renewable Energy Agency’s (IRENA)  ‘Global Landscape of...

November 21, 2025

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Daily News Wrap-Up: Bihar Sets Rules for Renewable Energy Tariff Determination

The Bihar Electricity Regulatory Commission (BERC) issued the BERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations 2025, specifying a generic tariff determination structure for renewable energy technologies....

November 21, 2025

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Fujiyama Power Systems Debuts on Bourses After Strong Response to IPO

Noida-based rooftop solar solutions and products company Fujiyama Power Systems debuted on the stock exchanges after its initial public offering (IPO) of ₹8.28 billion (~$93.5 million)was oversubscribed 2.14 times. The price band was set at ₹216(~$2....

November 20, 2025

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Jaipur Soap Manufacturer Saves 80% on Power Costs With Rooftop Solar System

Rooftops can be a good choice for installing solar systems in the commercial and industrial sector, thanks to their large rooftop spaces and fewer shaded areas. One such example is Oswal Soap Group, a soap manufacturer, which has saved ₹5 million...

November 20, 2025

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