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

Markets & Policy

With Sunset Date Looming, PM-KUSUM Meets Only 27% of Target

The government’s ambitious program to solarize the agriculture sector has met only 27.2% of the 34,800 MW target so far, with the deadline less than four months away. As of October 31, 2025, 9,466 MW of solar capacity has been ach...

December 4, 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

Markets & Policy

PM-KUSUM a Turning Point for Solar Irrigation: Interview

As India accelerates its shift toward renewable energy-powered agriculture, solar pumps are emerging as a key lifeline for farmers seeking dependable irrigation solutions without the burden of rising energy costs. Despite the grow...

December 2, 2025

Latest News

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JK Cement Increases Shareholding in 22 MW Captive Wind Project

JK Cement has made a further investment in O2 Renewable Energy V, a special purpose vehicle (SPV) of O2 Power, to increase its shareholding in a 22 MW group captive wind power project in Kudligi Taluk, Bellary, Karnataka The company acquired 4,645,...

December 4, 2025

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Japan Awards 75 MW of Solar Projects to 27 Companies in 26th Auction

A total of 27 companies won the Organization for Cross-regional Coordination of Transmission Operators (OCCTO), Japan’s 26th solar power auction for projects of at least 250 kW, securing 75.4 MW out of the original auctioned capacity of 163 MW under...

December 4, 2025

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TPG and MAVCO Form Vayona Energy for Wind Turbine Manufacturing

Global alternative asset management firm TPG and MAVCO-led consortium have created an independent wind energy platform, Vayona Energy, post the acquisition of Spain-based wind turbine manufacturer Siemens Gamesa’s onshore wind business in India and...

December 4, 2025

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Italy Awards 7.7 GW Solar, 940 MW Wind Projects Under FER X Transitory Program

Italy’s energy management agency, the Gestore dei Servizi Energetici (GSE), has awarded 940 MW of wind and 7,700 MW of solar projects under the Fonti di Energia Rinnovabile (FER) X Transitory program. The FER X Transitory program supports renewable...

December 4, 2025

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NVVN Issues EPC Tender for 2 MW Solar Project in Maharashtra

The NTPC Vidyut Vyapar Nigam (NVVN) has invited bids for the engineering, procurement, and construction (EPC) of a 2 MW ground-mounted solar project at the India Security Press, Nashik, Maharashtra. The last date to submit bids is December 23, 2025....

December 4, 2025

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Pace Digitek’s Subsidiary Secures ₹997 Million BESS Order from Advait

Lineage Power, a material subsidiary of Pace Digitek, has received an order valued at ₹997.10 million (~$11.24 million) from Advait Greenergy, a subsidiary of Advait Energy Transitions, for the supply of lithium iron phosphate (LFP) battery energy...

December 4, 2025

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Daily News Wrap-Up: Rising Tariffs and Policies Boost 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 motivate businesses to...

December 4, 2025

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IEX Sees 17.7% YoY Rise in Electricity Volume in November, Trades 11.4 BU

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.41 billion units (BU) in November 2025, a 17.7% year-over-year (YoY) increase. IEX said the country’s energy consumption during the month reached 123.4 BU, declining...

December 4, 2025

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Terra Clean Issues Land Aggregation Tender for 300 MW Solar Projects

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has issued a request for proposal for land aggregation to develop a 300 MW intrastate transmission system (InSTS)-connected solar project in Gujarat. The project will have a greenshoe...

December 4, 2025

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