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

Energy Storage

Sun Drops, ENGIE Among Winners of Gujarat DISCOM’s 4 GWh BESS Auction

Nine companies have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to develop 2,000 MW/4,000 MWh of standalone battery energy storage systems (BESS) across Gujarat (Phase VII). Sun Drops Energia, ENGIE Energy, Mecpower Solutions, ...

November 18, 2025

Solar

Andhra Pradesh Announces Winners of 1.2 GW Rooftop Solar Auction

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has announced the 22 winners of its 1.2 GW rooftop solar auction to set up projects under the PM Surya Ghar: Muft Bijli Yojana. Kosol Energie, Rotoma...

November 17, 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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Tata Power Delhi Issues Tender for 200 MW Firm Renewable Energy with ESS

Tata Power Delhi Distribution (TPDD) has issued a tender to procure 200 MW firm and dispatchable renewable energy (FDRE) with an energy storage system (ESS) from interstate transmission system (ISTS)-connected renewable energy projects. The tender...

November 18, 2025

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Sol-Bright to Supply Module Cleaning Robots for AMPIN’s 160 MW Hybrid Projects

Langfang Sol-Bright New Energy will supply its water-free robotic solar module cleaning systems to AMPIN Energy Transition’s 160 MW wind-solar hybrid projects in Rajasthan. The supply contract entails the provision of both fully automatic and...

November 18, 2025

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Solar Module Manufacturer Insolation Energy’s Revenue Up 26% in 1H FY 2026

Jaipur-based solar module manufacturer Insolation Energy reported a revenue of ₹7.76 billion (~$87.57 million) in the first half (1H) of the financial year (FY) 2026, an increase of 25.62% year-over-year (YoY) from ₹6.18 billion (~$69.74 million)....

November 18, 2025

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HoloSolis Secures €220 Million for 5 GW Solar Module Plant in France

France-based solar module manufacturer HoloSolis has secured €220 million (~$255 million) in financing for its solar panel plant in Hambach in the Moselle prefecture. The company, which claims to be building the largest solar module plant in Europe...

November 18, 2025

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Rajasthan Issues Norms to Develop Captive, Third-Party Renewable Energy Projects

The Rajasthan Renewable Energy Corporation (RREC) has issued a comprehensive Standard Operating Procedure (SOP) to streamline the development, approval, and commissioning of renewable energy projects developed under captive and third-party sale...

November 18, 2025

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Tamil Nadu Invites Bids for 1.5 GWh of Standalone Battery Energy Storage

The Tamil Nadu Green Energy Corporation (TNGECL) has invited bids to set up seven standalone battery energy storage systems (BESS) with a total capacity of 375 MW/1,500 MWh. Bids must be submitted by December 22, 2025. Bids will be opened on the...

November 18, 2025

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Shoals’ Revenue Jumps 33% in Q3 on Higher Project Volumes

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and emobility, reported a 32.8% year-over-year (YoY) increase in revenue to $135.8 million in the third quarter (Q3) of...

November 18, 2025

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Godawari Power to Set Up 10 GWh BESS Plant in Maharashtra

Godawari New Energy (GNEPL), a wholly-owned subsidiary of Godawari Power & Ispat (GPIL), is setting up a 10 GWh battery energy storage system (BESS) manufacturing facility in Maharashtra. The board of directors at GPIL has recently approved this...

November 18, 2025

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