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Corporate Solar Funding Down 16% YoY in 2025; Deal Count Rises, M&A Robust

The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024, according to Mercom Capital Group’s newly released 2025 Annual an...

January 22, 2026

Mercom Research Focus

India Records Highest-Ever Wind Capacity Additions at 6.3 GW in 2025

India added 6.3 GW of wind power capacity in 2025, an 85.2% YoY increase from 3.4 GW in 2024, according to Mercom India Research. The additions marked the highest annual wind installations recorded in the country. India’s wind pow...

January 22, 2026

Finance and M&A

Budget 2026 Wishlist: What the Renewable Energy Industry Wants

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more capacity” to building the enablers needed to sustain rapid re...

January 21, 2026

C&I

Solar Projects in Maharashtra Offer 3-4 Year Payback Despite Regulatory Shifts

Despite regulatory shifts in Maharashtra, solar projects in the state remain financially attractive, with industry experts noting payback periods of 3 to 4 years and returns that significantly outperform traditional investments. A...

January 22, 2026

Latest News

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POWERGRID Invites Bids to Select Partner for 1.5 GWh BESS in Tamil Nadu

Power Grid Corporation of India (POWERGRID) has invited bids to set up 375 MW/1,500 MWh standalone battery energy storage systems (BESS) in seven locations in Tamil Nadu. The last date to submit bids is January 28, 2026. Bids will be opened on the...

January 22, 2026

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CIE India to Procure Power from Two Captive Solar Projects of 8.3 MW

Pune-based CIE Automotive India will procure power from two captive solar projects with a cumulative capacity of 8.3 MW being developed by AMPIN Energy in Maharashtra for its manufacturing facilities at Chhatrapati Sambhaji Nagar and Pune. The...

January 22, 2026

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Higher Solar Module Sales Boost Waaree Energies’ Revenue in Q3 FY 2026

Solar module manufacturer Waaree Energies’ revenue from operations for the third quarter (Q3) of FY 2026 rose 118.8% year-over-year (YoY) to ₹75.65 billion (~$826.77 million) from ₹34.57 billion (~$377.84 million). The company attributed the revenue...

January 22, 2026

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GreenCell Mobility Secures $89 Million Funding Led by BII, IFC, and Tata Capital

Eversource Capital’s green mobility arm, GreenCell Mobility, has raised $89 million in a mezzanine financing round led by British International Investment (BII), IFC, and Tata Capital to accelerate the deployment of zero-emission public transport in...

January 22, 2026

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Uttar Pradesh Commission Adopts Tariff for a 1,500 MWh BESS Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted a tariff determined through competitive bidding for a 375 MW/1,500 MWh standalone Battery Energy Storage System (BESS) to be set up in Uttar Pradesh under the Viability Gap...

January 22, 2026

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Tamil Nadu Tweaks Wind Policy to Ease Repowering and Life Extension Norms

Tamil Nadu’s Energy Department has amended key provisions of its Repowering, Refurbishment, and Life Extension Policy for Wind Power Projects, which was issued in 2024. The revised clauses introduce greater flexibility in eligibility timelines,...

January 22, 2026

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Solar and Wind to Account for 21% of U.S. Power Generation by 2027: EIA

Utility-scale solar is the fastest-growing energy source in the U.S., with an expected increase to 424 billion kWh by 2027, up from 290 billion kWh in 2025, according to the U.S. Energy Information Administration’s (EIA) Short-Term Energy...

January 22, 2026

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Daily News Wrap-Up: Renewable Energy Industry Wishlist for Budget 2026

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more capacity” to building the enablers needed to sustain rapid renewable growth –...

January 22, 2026

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Germany Adds 16.4 GW of Solar Capacity in 2025, Setting a New Record

Germany added 16.4 GW of solar capacity in 2025, up 1.2% year-over-year (YoY) and setting a new record, according to data from the Federal Network Agency (Bundesnetzagentur). The country added 16.2 GW of solar capacity in 2024. Recent solar...

January 22, 2026

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