Mercom Research Focus
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India Added 6.1 GW of Solar Open Access Capacity in 9M 2025

India added 6.1 GW of solar open access capacity in the first nine months (9M) of 2025, increasing over 13% year-over-year (YoY) from 5.4 GW, according to Mercom India’s Q3 2025 Solar Open Access Market Report. The installation gr...

December 2, 2025

Mercom Research Focus

Q3 2025 Sees Cost Drop in Large-Scale Solar Systems Across Module Types

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using Indian TOPCon modules were the premium option in terms of co...

November 27, 2025

C&I

Rising Grid Tariffs and Policy Clarity is Driving Solar Growth in Odisha

Backed by rising power demand from commercial and industrial consumers, both rooftop solar and open access installations are expanding steadily in Odisha. Greater policy clarity and substantial power-cost savings continue to motiv...

December 3, 2025

Energy Storage

Uttarakhand Includes BESS in Renewable Energy Tariff Regulations

The Uttarakhand Electricity Regulatory Commission (UERC) has issued the second amendment to UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil fuel based Co-generating Stations) Reg...

December 1, 2025

Latest News

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ADB Approves $650 Million Loan to Accelerate Rooftop Solar in India

The Asian Development Bank (ADB) has approved a $650 million policy-based loan to support the Government of India in accelerating the adoption of residential rooftop solar. The financing falls under Subprogram 1 of the Accelerating Affordable and...

December 3, 2025

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Maharashtra Electricity Regulator Upholds Net Metering for Rooftop Solar Project

The Maharashtra Electricity Regulatory Commission (MERC) has ruled in favour of Sou Sushila D. Ghodawat Charitable Trust (SSDGCT) in its petition against the Maharashtra State Electricity Distribution Company (MSEDCL) over the denial of net metering...

December 3, 2025

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Daily News Wrap-Up: India Adds 6.1 GW Solar Open Access in 9M 2025

India added 6.1 GW of solar open access capacity in the first nine months of 2025, increasing over 13% year-over-year (YoY) from 5.4 GW, according to Mercom India’s Q3 2025 Solar Open Access Market Report. The installation growth during this period...

December 3, 2025

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DERC Approves BSES Yamuna’s 500 MW Solar Power Sale Agreement with SECI

The Delhi Electricity Regulatory Commission (DERC) has approved the power sale agreement (PSA) between BSES Yamuna Power (BYPL) and Solar Energy Corporation of India (SECI) for the procurement of power from 500 MW solar projects with a 250 MW/1,000...

December 3, 2025

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KPI Green Bags EPC Contract for 110 MW Floating Solar Project in Gujarat

Surat-based renewable energy solutions provider KPI Green Energy has received a work order from Gujarat State Electricity Corporation (GSECL) for the engineering, procurement, and construction (EPC) of a 110 MW floating solar project at the Kadana...

December 3, 2025

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IndiGrid to Acquire ISTS Asset from ReNew to Evacuate 2.5 GW Solar Energy

Power transmission and renewable energy company IndiGrid has executed definitive agreements to acquire Gadag Transmission (GLT), an interstate transmission system (ISTS) project in Karnataka, for ₹3.72 billion (~$41.36 million). The project is...

December 3, 2025

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NVVN Invites Bids for 125 MW/500 MWh Storage Project in Chhattisgarh

NTPC Vidyut Vyapar Nigam (NVVN) has issued a request for selection for battery energy storage system (BESS) developers to establish a 125 MW/500 MWh standalone BESS project in Chhattisgarh. The project must be set up near the 220 kV Khedamara...

December 3, 2025

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Funding and M&A Roundup: Residential Solar Company SunPower Acquires Ambia Solar

From: Mercom Capital Group SunPower, a solar technology, services, and installation company, completed the acquisition of Ambia Solar, a solar panel installation company based in Lindon, Utah. Both companies previously signed a non-binding letter of...

December 3, 2025

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Project Finance Brief: ACWA, Partners Secure Funding for 15 GW Renewable Projects

From: Mercom Capital Group ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a wholly owned company of PIF, and Saudi Aramco Power Company, a wholly owned...

December 3, 2025

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