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

Solar

WAPCOS, Power and Energy Consultants Win RUVNL’s Solar Consultancy Auction

WAPCOS and Power and Energy Consultants India have won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction for consultancy services for preparing feasibility-cum- detailed project reports (DPR) for developing solar parks. The t...

November 12, 2025

Inverters & BOS

Solar Inverters Up to 100 kW Capacity Must Meet BEE’s Efficiency Standards

The Ministry of Power (MoP), in consultation with the Bureau of Energy Efficiency (BEE), has mandated that all solar inverters with a rated capacity of up to 100 kW must meet a minimum overall efficiency requirement and display a ...

November 14, 2025

Rooftop

APM Projects Wins MES’ 2 MW Rooftop Solar EPC Auction

APM Projects has won the Military Engineer Service’s (MES) 2.25 MW engineering, procurement, and construction (EPC) auction to set up rooftop solar systems at various buildings in Air Force stations in Haryana, Uttar Pradesh, and ...

November 10, 2025

Latest News

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Kerala Floats Consultancy Tender for 800 MW Pumped Storage Project

The Kerala State Electricity Board (KSEB) has invited bids to select consultants to prepare a pre-feasibility report (PFR) and detailed project report (DPR) for the proposed 800 MW Kakkayam pumped storage project in Kozhikode, Kerala. Bids must be...

November 17, 2025

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Adani Green to Develop 2.7 GW Pumped Storage Projects in Assam

Adani Green Energy (AGEL) will invest approximately ₹150 billion (~$1.7 billion) to set up two pumped storage projects (PSP) with a combined capacity of 2,700 MW in Assam. The company has received a letter of award for 500 MW out of a total of 2,700...

November 17, 2025

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Robust Order Execution Drives Inox Wind’s Revenue Up 56% YoY in Q2 FY 2026

Wind energy solutions provider Inox Wind reported a revenue of ₹11.62 billion (~$131.12 million) in the second quarter (Q2) of the financial year (FY) 2026, a 56% year-over-year (YoY) increase from ₹7.44 billion (~$83.95 million). Earnings before...

November 17, 2025

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Daily News Wrap-Up: KPI Green Energy Bags SJVN’s 200 MW EPC Solar Auction

Surat-based renewable energy solutions provider KPI Green Energy signed contracts with SJVN for the engineering, procurement, and construction of a 200 MW solar project at the Gujarat Industries Power Company Renewable Energy Park in Khavda, Gujarat....

November 17, 2025

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Deliveries to Bus, Rail Segments Help Ballard’s Revenue Growth in Q3

Fuel cell manufacturer Ballard Power Systems’ revenue surged 120% year-over-year (YoY) to $32.5 million in the third quarter (Q3) of 2025, from $14.8 million on the back of higher deliveries to its bus and rail customers in America and Europe....

November 17, 2025

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Assam Approves APDCL’s Procurement of 1 GW Pumped Hydro Storage

The Assam Electricity Regulatory Commission (AERC) has approved the Assam Power Distribution Company’s (APDCL) proposal to procure 1,000 MW of pumped hydro storage capacity for 40 years, adopting a tariff of ₹10.29 million (~$116,000)/MW/year,...

November 17, 2025

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Global Renewable Capacity to Reach 4,600 GW by 2030, Driven Mostly by Solar: IEA

The World Energy Outlook 2025, published by the International Energy Agency (IEA), has thrown light on how new vulnerabilities in electricity systems and mineral supply chains now complement traditional risks associated with oil and gas. Conflicts,...

November 17, 2025

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Plug Power Posts Higher Electrolyzer Sales in Q3, Loss Widens

Hydrogen fuel cell solutions provider Plug Power’s revenue went up by 1.89% year-over-year (YoY) to $177 million in the third quarter (Q3) of the financial year 2025, from $173.7 million. The company attributed the increase to gains in electrolyzer...

November 17, 2025

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IndiGrid Board Approves Capital Raise of Up to ₹15 Billion

IndiGrid Investment Managers (IIML), the investment management arm of IndiGrid, a Mumbai-based power transmission and renewable energy company, has approved a board resolution to raise ₹15 billion (~$169 million). The fundraise may be carried out...

November 14, 2025

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KPI Green Bags EPC Contract from SJVN for 200 MW Solar Project in Gujarat

Surat-based renewable energy solutions provider KPI Green Energy has signed contracts with SJVN for the engineering, procurement, and construction (EPC) of a 200 MW solar project at the Gujarat Industries Power Company Renewable Energy Park in...

November 14, 2025

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