Mercom Research Focus
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51% of India’s Installed Renewable Capacity was Solar by Q3 2025

Solar power accounted for 25.1% of India’s total installed power capacity and 51% of the total installed renewable capacity as of September 2025. The solar capacity installed increased by 7.5% quarter-over-quarter (QoQ) and 37.5% ...

November 7, 2025

Mercom Research Focus

Prolonged Monsoons Dampen Solar Power Generation by 11% QoQ in Q3 2025

India generated over 38.3 billion units (BU) of solar power in the third quarter (Q3) of 2025, representing a 20.4% year-over-year (YoY) increase. Solar generation decreased by 11% quarter-over-quarter (QoQ) from 43 BU. Rajasthan,...

November 6, 2025

Modules

FS India Wins SECI’s 260 MWp Solar Module Supply Auction

FS India Solar, a subsidiary of First Solar, has won Solar Energy Corporation of India’s (SECI) auction to supply domestically manufactured 260 MWp solar modules to a project location in Dhar, Madhya Pradesh. FS India Solar won th...

November 7, 2025

Solar

Almighty Green Wins SECI’s O&M Auction for 10 MW Solar Project in Rajasthan

Almighty Green Energy has won Solar Energy Corporation of India’s (SECI) auction for the operation and maintenance (O&M) of its 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. The total award value for the con...

November 7, 2025

Latest News

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Amara Raja’s Revenue Grows 6.6% in Q2 on Strong OEM, Aftermarket Demand

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.67 billion (~$390.85 million) in the second quarter (Q2) of the financial year (FY) 2026, a 6.7% year-over-year (YoY) increase from ₹32.5 billion (~$366.46 million). The...

November 7, 2025

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US Solar Developer Pine Gate Files for Bankruptcy, Plans to Sell Assets

U.S.-based solar and storage solutions company Pine Gate Renewables has filed proceedings under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas and will pursue plans to sell its assets. The company announced that it is...

November 7, 2025

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Amar Infrastructure Bags BoS Package Order for SECI’s 200 MW Solar Project

Amar Infrastructure has won Solar Energy Corporation of India’s (SECI) auction to supply the balance of system (BoS) package for a 200 MW solar project in Dhar, Madhya Pradesh. The contract’s value is ₹4.49 billion (~$49.53 million) The tender...

November 7, 2025

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Keltron Floats 1.5 MW Rooftop Solar Tender in West Bengal

Keltron Equipment Complex, a unit of the Kerala State Electronics Development Corporation (KSEDCL), has invited bids to set up a 1.5 MW rooftop solar project at the Kalyani Layer Farm under the West Bengal Livestock Development Corporation (WBLDCL)....

November 7, 2025

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PFC Consulting Tenders Intrastate Transmission Project in Maharashtra

PFC Consulting has issued a request for proposal to set up an intrastate transmission system (InSTS) for the air-insulated substation at Kandalgaon in Maharashtra’s Raigad district on a build, own, operate, and transfer basis. Bids must be submitted...

November 7, 2025

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Daily News Wrap-Up: Monsoon Cuts Solar Output 11% QoQ in Q3 2025

India generated over 38.3 billion units (BU) of solar power in the third quarter (Q3) of 2025, representing a 20.4% year-over-year increase. Solar generation decreased by 11% quarter-over-quarter (QoQ) from 43 BU. Rajasthan, Tamil Nadu, and Gujarat...

November 7, 2025

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Solar Achieves World’s Lowest LCOE of $37/MWh in MENA: Wood Mackenzie

The global levelized cost of electricity (LCOE) for renewable energy technologies has continued to decline, and performance has improved across all major markets, according to Wood Mackenzie. Solar photovoltaic technology with single-axis tracker...

November 7, 2025

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Rising Barriers and Costs: The Global Tug-of-War Over Cleantech Manufacturing

Developed and emerging economies are expanding clean energy deployment while aiming to enhance domestic manufacturing of key technologies, according to BloombergNEF’s (BNEF) Clean Energy Trade and Emerging Markets report. However, trade barriers are...

November 7, 2025

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