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Solar Tendering Surges 61% QoQ in Q3 2026, Auctions Decline 10%

Government agencies stepped up solar tendering activity in the third quarter (Q3) of 2026, reversing the previous quarter’s slowdown. Auction activity, however, declined from the prior quarter, pointing to a gap between new ...

November 3, 2026

Featured

India’s Renewable Energy Growth Faces a Deepening Land Acquisition Crisis

India’s renewable energy developers face mounting difficulties securing project-ready land, with acquisition and conversion timelines stretching up to 24 months in some states. These delays are increasing project costs and c...

November 3, 2026

Mercom Research Focus

India’s Q3 Renewable Policy Shifts: What the Industry Needs to Know

India’s renewable energy policies increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during the third quarter (Q3) of 2026, according to Mercom India&#...

October 29, 2026

Featured

What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers, potentially affecting project returns, financing decisions, and capa...

October 28, 2026

Latest News

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IPRCL Invites Bids to Set Up Offshore Wind Project in Tamil Nadu

Indian Port Rail & Ropeway Corporation (IPRCL) has floated an engineering, procurement, and construction (EPC) tender to set up a 6.25 MW offshore wind project in the marine waters of the Chidambaranar Port Authority (VoCPA) in Tuticorin, Tamil...

November 3, 2026

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Daily News Wrap-Up: Gujarat Sets Net Metering, Billing Cutoff at 1 MW

The Gujarat Electricity Regulatory Commission notified the Grid Interactive Distributed Renewable Energy Sources Regulations, 2026, setting the maximum capacity for net metering and net billing projects in the state at 1 MW. In an interview with...

November 3, 2026

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Global Off-Grid Solar Access Rises 26%, but Financing Remains Stagnant

Off-grid solar solutions provided electricity access to 149 million people globally in 2025, up 26% from 118 million in 2023, according to a report by World Bank Group’s Energy Sector Management Assistance Program and GOGLA. The off-grid segment...

November 3, 2026

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Scatec Posts NOK1.13 Billion Q3 Net Loss Despite 50% Revenue Growth

Norway-based renewable energy solutions provider Scatec reported revenue of NOK1.4 billion (~$154.66 million) in the third quarter (Q3) of 2026, rising 50.4% year-over-year (YoY) from NOK 935 million (~$102.85 million). Earnings before interest,...

November 3, 2026

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Lower Module Shipments Drag Down JinkoSolar’s Q3 Revenue by 16%

China-based solar module manufacturer Jinko Holdings reported revenue of RMB13.62 billion (~$2.03 billion) in the third quarter (Q3) of 2026, a 15.7% year-over-year (YoY) decline from RMB16.16 billion (~$2.41 billion), primarily due to lower solar...

November 3, 2026

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Two Point O Capital Raises $10 Million to Expand Clean Energy Portfolio

Clean energy deployment platform for commercial and industrial businesses, Two Point O Capital, has raised $10 million (~₹949 million) in a funding round led by Transition Venture Capital. The transaction also saw participation from existing...

November 2, 2026

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Gujarat Regulator Sets 1 MW Cap for Net Metering and Net Billing Projects

The Gujarat Electricity Regulatory Commission (GERC) has notified the Grid Interactive Distributed Renewable Energy Sources Regulations, 2026, and set the maximum project capacity for net metering and net billing projects in the state at 1 MW. The...

November 2, 2026

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Terra Clean Floats EPC Tender for ISTS and InSTS-Connected Solar Projects

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation (IOCL), has invited bids for the empanelment of engineering, procurement, and construction (EPC) contractors for the design, engineering, supply, construction, installation, and...

November 2, 2026

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