Mercom Research Focus
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India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India Solar Open Access Market Report. India’s cumulative installed ...

February 19, 2026

Mercom Research Focus

Data Shows Policy Clarity Plays Critical Role in Industrial Power Demand Expansion

India’s top states fostering open access power have emerged as the core engines of industrial electricity demand growth, driven by manufacturing clusters, rising captive generation, and accelerating adoption of renewable energy. D...

February 19, 2026

Mercom Research Focus

Developers Seek ALMM List-II Extension, Solar Manufacturers Push Back

With the June 1, 2026, deadline for mandatory sourcing of solar cells from the Approved List of Models and Manufacturers (ALMM) List-II fast approaching, solar developers are urging the Ministry of New & Renewable Energy (MNRE...

February 17, 2026

Energy Storage

Eagle Construction, OPG Power Win TNGECL’s 1.5 GWh Battery Storage Auction

Eagle Construction (Eagle Infra India) and OPG Power (OPG Power Ventures) have won Tamil Nadu Green Energy Corporation’s (TNGECL) auction to set up seven standalone battery energy storage systems with a total capacity of 375 MW/1,...

February 23, 2026

Latest News

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Senvion Wins 83.7 MW Wind Turbine Order from Tata Power Renewable Energy

Wind turbine manufacturer Senvion India has won anorder from Tata Power Renewable Energy (TPREL) to supply and install 83.7 MW of wind turbines. Senvion will deploy 31 of its 2.7M130 wind turbines at a 130-metre hub height. These turbines combine a...

February 23, 2026

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Olectra Greentech Bags Two Orders for Electric Buses Worth ₹18 Billion

Olectra Greentech’s subsidiary, EveyTrans, has secured two orders from the Telangana State Road Transport Corporation (TGSRTC) for the supply, operation, and maintenance of 1,085 electric buses, comprising 1,025 (12-meter non-AC) buses and 60...

February 23, 2026

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Waaree to Set Up 2.5 MW Alkaline Electrolyzer for Zero Footprint Industries

Waaree Clean Energy Solutions, a wholly owned subsidiary of solar module manufacturer Waaree Energies, has signed an electrolyzer-as-a-service agreement with green hydrogen solutions company Zero Footprint Industries (ZFI) for a 2.5 MW alkaline...

February 23, 2026

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WindForce Secures Order for 12 Standalone Energy Storage Projects in Sri Lanka

Sri Lanka-based renewable energy developer WindForce has secured a letter of award from the Ceylon Electricity Board (CEB) to set up 12 standalone battery energy storage system (BESS) projects with a cumulative capacity of 120 MW/480 MWh under a...

February 23, 2026

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MNRE Tells States to Identify Sites for Floating Solar Project Development

The Ministry of New and Renewable Energy (MNRE) has sought feedback from the states on the draft reports prepared by the National Institute of Solar Energy (NISE) and the Indian Institute of Technology (IIT) Roorkee on the potential of floating...

February 23, 2026

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SECI Invites Quotes from Banks for ₹4.5 Billion Term/Fixed Deposit Investments

The Solar Energy Corporation of India (SECI) has invited quotations from scheduled commercial banks to invest ₹4.5 billion (~$49.603 million) in term/fixed deposits. The last date to submit bids is February 23, 2026. The deposits will be made in...

February 23, 2026

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Vikram Solar to Procure 2 GW of Crystalline Solar Cells from Jupiter International

Kolkata-based solar module manufacturer Vikram Solar has entered into an agreement with Jupiter International to procure 2 GW of crystalline solar cells compliant with the Approved List of Models and Manufacturers (ALMM). The procurement will...

February 23, 2026

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Egypt Invites Bids for 500 MW Solar Project in Western Nile Area

The Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company (EETC) have invited bids for the development of a 500 MW solar power project in the Western Nile area under the build, own, and operate model. The...

February 23, 2026

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MENA Weekly Roundup: Türkiye, ACWA to Sign 3 GW Deal at COP31

Türkiye and Saudi Arabia’s ACWA Power will sign the second phase of the 5 GW renewable energy corporation deal at the UN climate summit COP31 to be held in Antalya, Türkiye, later in 2026. The planned agreement will cover the remaining 3 GW capacity...

February 23, 2026

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