Mercom Research Focus
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Rooftop Solar Growth Accelerates in India with 7.1 GW Added in 2025, a 123% YoY Jump

India’s rooftop solar capacity grew to 7.1 GW in the calendar year (CY) 2025, an over 123% year-over-year (YoY) jump from 3.2 GW in 2024, according to Mercom India Research’s newly released Q4 & Annual 2025 India R...

February 26, 2026

Mercom Research Focus

Maharashtra’s Rooftop Solar Policy Tweak Faces Heat

Rooftop solar installers in Maharashtra are up in arms over a reported change in capacity approval criteria by Maharashtra State Electricity Distribution Company Limited (MSEDCL), calling it a move to restrict system sizing. Multi...

February 26, 2026

Solar

Vismaya, Purvah, Sprng, and Hexa Win CESC’s 600 MW Wind-Solar Auction

Vismaya Renewables India Project, a subsidiary of UPC Renewables, Hexa Climate Solutions, Purvah Green Power, and Sprng Energy, have won Calcutta Electric Supply Corporation’s (CESC) auction to develop 600 MW of interstate transmi...

February 26, 2026

Markets & Policy

US Hits Indian Solar Cells with 126% Preliminary Countervailing Duties

The U.S. Department of Commerce has announced its preliminary determination of countervailing duties of up to 125.87% on crystalline silicon solar cells, whether or not assembled into modules, imported from India. The preliminary...

February 25, 2026

Latest News

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APTEL Upholds ₹47/kWh Fixed Charge Option for Kerala Solar Prosumers

The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal filed by solar prosumers challenging the Kerala State Electricity Regulatory Commission’s (KSERC) order on the levy of fixed charges. The Tribunal declined to interfere with...

February 26, 2026

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Data Center Firm Digital Edge to Source 83 MW Solar Power from Hexa

Data center provider, Digital Edge, announced the signing of a renewable energy power purchase agreement (PPA) with Hexa Climate Solutions for up to 83 MW of solar capacity to support the first phase of its 350 MW AI-ready hyperscale campus under...

February 26, 2026

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Andhra Pradesh Invites Bids for Turbines for 950 MW Pumped Storage Project

The Andhra Pradesh Power Generation Corporation (APGENCO) has invited bids for the design, engineering, manufacturing, and commissioning of three 238/270MW and two 118/135 MW vertical Francis reversible pump turbines and synchronous motor-generator...

February 26, 2026

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Tripura Issues Tender for 50 MW/200 MWh of Battery Energy Storage

The Tripura State Electricity Corporation (TSECL) has issued an expression of interest to set up 50 MW/200 MWh of standalone battery energy storage systems (BESS) at suitable 33/11 kV substations. The storage projects will be set up to support...

February 26, 2026

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Kolkata Metro Deploys 4 MW/6.4 MWh Battery Energy Storage System

Kolkata Metro Rail Corporation has deployed a 4 MW/6.4 MWh battery energy storage system (BESS) to enhance operational resilience by providing immediate traction power support during grid failures, enabling trains to safely reach the nearest station....

February 26, 2026

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Bondada Secures ₹5 Billion Loan from Canara Bank for 400 MWh BESS

Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its  200 MW/400 MWh standalone battery energy storage system (BESS) project with Tamil Nadu...

February 26, 2026

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Shoals’ Q4 2025 Revenues Up on Higher Sales to Large-Scale Solar Projects

Shoals Technologies Group, a supplier of electrical balance of system (EBOS) solutions, reported revenue of $148.3 million in the fourth quarter (Q4) of 2025, an increase of 39% year-over-year (YoY) from $107 million, on the back of higher product...

February 26, 2026

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Tamil Nadu Secures Regulatory Approval for 270 MW FDRE Procurement

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the procurement of 270 MW of firm and dispatchable renewable energy (FDRE) by Tamil Nadu Power Distribution Corporation (TNPDCL) from Solar Energy Corporation of India (SECI). The...

February 26, 2026

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US Forecast to Add 43.4 GW of Large-Scale Solar Capacity in 2026

The U.S. Energy Information Administration (EIA) has forecast that 86 GW of new utility-scale electric generation capacity will be added in 2026, with solar accounting for 51%, battery storage for 28%, and wind for 14%. EIA also notes that 53 GW of...

February 26, 2026

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Daily News Wrap-Up: States Favor Thermal Despite Renewable Energy Growth

Despite record-low renewable energy tariffs, several states have entered long-term thermal power purchase agreements at significantly higher tariffs of ₹5.38 (~$0.059)-₹7.27 (~$0.079)/kWh, reflecting concerns over supply security, baseload...

February 26, 2026

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