Mercom Research Focus
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India Posts Historic Solar Growth with 36.6 GW Installed in 2025

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to Mercom India’s newly released Q4 and Annual 2025 India...

February 12, 2026

Markets & Policy

Delhi Launches Six-Month Pilot on Peer-to-Peer Solar Trading

As part of a larger bid to decentralize the energy marketplace, the Delhi Electricity Regulatory Commission (DERC) has given the nod for a mechanism for interstate and intrastate peer-to-peer (P2P) solar energy trading on a six-mo...

February 13, 2026

Markets & Policy

US Reshoring Push May Limit Gains from Tariff Cut for Indian Solar Exporters

Indian solar module and cell exporters are upbeat after the U.S. slashed tariffs on Indian goods from an effective rate of 50% to 18%. They hope the lower tariff will make their products more competitive in the U.S. market. Indian...

February 11, 2026

Energy Storage

Advait Energy, Equentia, Sun Drops Win GUVNL’s 670 MWh BESS Auction

Advait Energy Transitions, Equentia Natural Resources DMCC, and Sun Drops Energia (KP Group) won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up 335 MW/670 MWh of standalone battery energy storage systems (BESS) in Gujarat (P...

February 12, 2026

Latest News

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Amara Raja’s Revenue Up 4.2% in Q3 Due to Strong EV Market Growth

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.1 billion (~$376.14 million) in the third quarter (Q3) of the financial year (FY) 2026, a 4.21% year-over-year (YoY) increase from ₹32.72 billion (~$360.95 million). Its...

February 13, 2026

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Vikram Solar Secures ₹32 Billion Working Capital Facilities

Solar module manufacturer Vikram Solar has signed an agreement to renew and enhance its existing working capital facilities, amounting to ₹32 billion (~$353.23 million), extended by a lenders’ consortium. As of February 10, 2026, Vikram Solar has an...

February 13, 2026

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US to Retain Antidumping Duties on Polysilicon Imports from China, Taiwan

The U.S. Department of Commerce has concluded that revoking the prevailing antidumping duty (AD) and countervailing duty (CVD) on crystalline silicon photovoltaic product imports from China and Taiwan will lead to a recurrence of dumping. Commerce...

February 13, 2026

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August Energy Signs Energy-as-a-Service Deal with 1.5 GW Solar Module Plant

Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy has signed its first EaaS contract in India for a 1.5 GW solar module manufacturing facility near Jaipur, Rajasthan, marking its entry into integrated utility...

February 13, 2026

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Genus Deploys 10 Million Smart Meters Across Nine States

Rajasthan-based smart metering solutions and service provider Genus Power has deployed 10 million smart meters under the Revamped Distribution Sector Scheme (RDSS) across nine states. Under RDSS, India aims to replace 250 million conventional meters...

February 13, 2026

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PFC–REC Merger Moves Ahead with Structured Execution Plan

Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory requirements. After REC became a subsidiary of PFC, exposure under the Reserve Bank of...

February 13, 2026

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Daily News Wrap-Up: India Posts Highest Solar Growth with 36.6 GW in 2025

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to Mercom India’s newly released Q4 and Annual 2025 India Solar Market Update...

February 13, 2026

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NTPC REL Floats Tender for 540 MW Wind Project in Andhra Pradesh

NTPC Renewable Energy (NTPC REL) has issued a tender for the development of a 540 MW wind energy project at the interstate transmission system (ISTS) substation Anantapur-III in Andhra Pradesh under Tranche-II. Bids must be submitted by March 30,...

February 13, 2026

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EU Installs 27.1 GWh Battery Storage in 2025, Utility-Scale Leads Growth

The European Union (EU) has installed 27.1 GWh of new battery storage capacity in 2025, marking a 45% year-over-year (YoY) increase and the bloc’s 12th consecutive record year, according to  SolarPower Europe’s EU Battery Storage Market Review 2025....

February 13, 2026

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