Mercom Research Focus
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India Added 4.9 GW Rooftop Solar Capacity in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year (YoY) increase, according to Mercom India’s newly released Q3 202...

November 25, 2025

Energy Storage

Patanjali, Mecpower, Diwakar Renewable Among RVUNL’s 2 GWh BESS Auction Winners

Six companies have won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction to set up a 500 MW/2,000 MWh standalone battery energy storage system (BESS) under the build-own-operate model in the state. The tender was issued in Au...

November 24, 2025

Renewable Energy

Ayana, ReNew, ACME Among Winners of REMCL’s 1 GW RTC Renewable Power Auction

Ayana Renewable Power, Jindal Green (Jindal Renewables), Bhalki Solar Power, Purvah Green Power, ReNew Solar Power, and ACME Solar Holdings have won the Railway Energy Management Company’s (REMCL) auction to supply 1,000 MW round-...

November 24, 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

Latest News

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CERC Approves Tariffs for SECI’s 420 MW of Renewable Energy Projects with ESS

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹5.06 (~$0.0567)/kWh and ₹5.07 (~$0.0568)/kWh for 420 MW of Solar Energy Corporation of India’s (SECI) 1,200 MW renewable energy projects with an energy storage system...

November 26, 2025

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Daily News Wrap-Up: India’s Rooftop Capacity Rose 161% YoY in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year (YoY) increase, according to Mercom India’s newly released Q3 2025 India Rooftop...

November 26, 2025

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Southern Railway Invites Bids for 1 MW Rooftop Solar Projects at Rameswaram

Southern Railway has invited bids for installing rooftop solar systems with a cumulative capacity of 1 MW at various locations of Rameswaram station under the Madurai Division, Tamil Nadu. The rooftop solar systems will have a minimum capacity of 10...

November 26, 2025

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Funding and M&A Roundup: NeoVolta to Secure $13 Million

From: Mercom Capital Group NeoVolta, a U.S.-based energy storage solutions provider, has entered into agreements for $13 million in private placement financing led by Infinite Grid Capital (IGC). The funding is structured to offer both immediate and...

November 26, 2025

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Project Finance Brief: Neoen Sells 760 MW Operating Renewable Portfolio in France

From: Mercom Capital Group Neoen, an independent renewable energy producer that develops, finances, builds, and operates large-scale solar, wind, and battery storage projects, has entered into an agreement with Plenitude, a subsidiary of Eni, to...

November 26, 2025

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Solar Module Capacity Under ALMM Grows to 121.7 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 5,255 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 121,722 MW. Sirius...

November 25, 2025

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Italy to Provide €250 Million for Energy Transition Projects

The Italian Council of Ministers has allocated €250 million (~$288 million) to support the Transizione 5.0 tax credit program for businesses transitioning to renewable energy sources. Additionally, €10 million (~$11.5 million) each has been...

November 25, 2025

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Delhi Electricity Regulator Approves NDMC’s Plea to Procure 200 MW Solar Power

The Delhi Electricity Regulatory Commission (DERC) has approved the New Delhi Municipal Council’s (NDMC) plea to procure 200 MW of solar power from the Solar Energy Corporation of India (SECI) under the interstate transmission system...

November 25, 2025

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NLC India Floats Land and Transmission Tender for ISTS Solar Projects

NLC India has invited bids to arrange 1,850 acres of land for the development of interstate transmission system (ISTS)-connected solar power projects and associated equipment, along with the extra-high-voltage (EHV) transmission line and land...

November 25, 2025

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Pralhad Joshi Launches 240 TPD Biomass Pellet Facility in Haryana

A 240 tons per day (TPD) biomass pellet manufacturing facility in Rewari, Haryana, has been inaugurated by Union Minister for New and Renewable Energy Pralhad Joshi. The facility will help expand the supply of biomass-based clean fuels for thermal...

November 25, 2025

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