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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

Mercom Research Focus

Solar’s Share in India’s Renewable Capacity Rises to 58% at the end of Q3 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW, representing 31.1% of the country’s total power capacity and 57.7% of it...

October 28, 2026

Grid

Violence, Line Alignment Disputes Derail India’s Transmission Projects

Beyond compensation and right-of-way (RoW) disputes, power transmission developers are grappling with incidents of violence, vandalism, and intimidation that have forced construction work to halt, disrupted tower erection and line...

October 27, 2026

Featured

DCR Module Premium Raises Rooftop Solar Affordability Concerns

The widening price gap between domestic content requirement (DCR) and non-DCR solar modules is raising rooftop solar installation costs, lengthening consumer payback periods, and raising concerns about project viability. Industry ...

October 26, 2026

Latest News

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China’s Solar Capacity Additions Drop 53.9% in 9M 2026

China added 110.83 GW of solar power capacity in the first nine months (9M) of 2026, down 53.9% year-over-year (YoY) from 240.27 GW, according to the latest electricity statistics released by the National Energy Administration (NEA). Despite the...

October 28, 2026

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Tata Motors to Deploy 3,000 Electric Trucks for Amazon’s Freight Operations

Tata Motors will deploy 3,000 of its electric trucks across India to support e-commerce company Amazon’s freight movement between facilities, within cities, and along national highways. Tata Motors will supply the electric trucks, while Amazon’s...

October 28, 2026

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Waaree’s Q2 Revenue Up 24%, Aims to Expand US Module Plant Capacity to 4.8 GW

Solar module manufacturer Waaree Energies reported revenue from operations of ₹75.18 billion (~$783.13 million) in the second quarter (Q2) of the financial year (FY) 2027, a 23.9% year-over-year (YoY) increase from ₹60.66 billion (~$631.88 million)....

October 28, 2026

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Daily News Wrap-Up: Violence, Line Disputes Delay India’s Transmission Growth

Beyond compensation and right-of-way disputes, power transmission developers are grappling with violence, vandalism, and intimidation that have halted construction, disrupted tower erection and line stringing, and delayed project commissioning...

October 28, 2026

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CERC Approves Tariffs for SECI’s 1.2 GW Peak Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs of ₹6.27 (~$0.0659)/kWh and ₹6.28 (~$0.0660)/kWh for 1,200 MW of renewable energy projects with energy storage systems (ESS) awarded by the Solar Energy Corporation of India...

October 28, 2026

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Funding and M&A Roundup: Pivot Energy Secures $500 Million Credit Facility

From: Mercom Capital Group Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit facility from Nuveen Energy Infrastructure Capital. The three-year bilateral...

October 28, 2026

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Project Finance Brief: Akaysha Energy Secures $1.2 Billion

From: Mercom Capital Group Australian battery energy storage developer Akaysha Energy has refinanced its existing project-level debt through an A$1.75 billion (~$1.2 billion) portfolio-level financing facility to support its battery storage...

October 28, 2026

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