Mercom Research Focus
thumbnail
India’s Solar Cell Manufacturing Capacity Nears 50 GW

India’s operational solar cell manufacturing capacity has approached the 50 GW  milestone, according to Mercom India’s PV Manufacturing Tracker. However, the nearly 50 GW manufacturing capacity does include a stabilization ...

October 13, 2026

Featured

Data Centers Bet Big on RTC Renewables, Transmission Systems Remain Key

The rapid rise of artificial intelligence (AI) and India’s growing data center pipeline are driving substantial new electricity demand, making renewable energy with storage essential to power this sector. According to government d...

October 12, 2026

Solar

India’s Solar Cell Growth to Boost Metallization Paste Demand: Interview

India’s expanding solar cell manufacturing capacity and the rising preference for n-type TOPCon cells are creating significant opportunities for metallization paste and, particularly, technologies that can reduce both silver consu...

October 12, 2026

Mercom Research Focus

Impact of New Right-of-Way Compensation Rules on Transmission Buildout Challenges

Right-of-way (RoW) disputes have been a major bottleneck to faster buildout of power transmission infrastructure, as renewable energy capacity is added at a rapid pace. India faces significant execution issues in transmission infr...

October 12, 2026

Latest News

thumbnail
1KOMMA5° Raises $78 Million for Energy AI Platform

Hamburg-based solar installer 1KOMMA5° has secured approximately €70 million (~$78 million) in a new funding round and plans to invest over €100 million (~$112 million) in its energy intelligence platform, Heartbeat AI, in 2027. The investment will...

October 13, 2026

thumbnail
Integrated Power Services Acquires Bold Renewables to Expand Solar Services

Integrated Power Services (IPS), a provider of power management lifecycle services, has acquired Colorado-based Bold Renewables, a solar inverter maintenance and field services company, effective October 9, 2026. The financial terms of the...

October 13, 2026

thumbnail
NEU Battery Materials Raises $7.6 Million to Expand Battery Recycling

NEU Battery Materials, a lithium-ion battery recycling startup, has raised $7.6 million in an oversubscribed funding round to scale its lithium iron phosphate (LFP) battery recycling operations and support international expansion. The funding round...

October 13, 2026

thumbnail
Andhra Pradesh Invites Bids for Battery Energy Storage Projects

The Andhra Pradesh Power Coordination Committee (APPCCL) has invited bids to develop standalone battery energy storage systems (BESS) at three locations in Andhra Pradesh. The project entails development of 1,250 MW/5,000 MWh BESS systems. Bidders...

October 13, 2026

thumbnail
Voltus Raises $225 Million in Series D Funding for Grid Flexibility

Voltus, a distributed energy resource technology platform and virtual power plant operator, has raised $225 million in an oversubscribed Series D funding round to expand its distributed energy resource platform. Generation Investment Management led...

October 13, 2026

thumbnail
Actis Acquires 244 MW Battery Storage Projects in Poland

Actis, a growth market investor in sustainable infrastructure, has acquired a 112 MW/518 MWh battery energy storage project in Kozienice, Poland, from DRI. The Company has also signed an agreement to acquire another 132 MW/623 MWh project in...

October 13, 2026

thumbnail
Vikram Solar to Set Up 7.5 GWh Battery Storage Facility

VSL PowerHive, a wholly owned subsidiary of solar module manufacturer Vikram Solar, has announced plans to establish a 7.5 GWh battery energy storage system assembly facility at Oragadam, near Chennai, Tamil Nadu. The facility, spanning about 165,...

October 13, 2026

thumbnail
Andhra Pradesh Invites Bids for Battery Energy Storage Procurement

Andhra Pradesh Central Power Distribution Corporation (APCPDCL) has issued a tender to procure energy storage capacity (four hours) from fully commissioned battery energy storage systems for two years. The total capacity to be procured is 1,000 MW/4,...

October 13, 2026

thumbnail
Vikran Engineering Subsidiary Secures ₹29.41 Billion Loan from IREDA

Vikran Engineering’s wholly owned subsidiary, NOPL Solar Projects, has secured a loan of up to ₹29.41 billion (~$307.36 million) from the Indian Renewable Energy Development Agency (IREDA). NOPL plans to use the loan to finance a part of the 969...

October 13, 2026

thumbnail
POWERGRID Invites Bids for Battery Storage Project in Telangana

Power Grid Corporation of India (POWERGRID) has invited bids to set up a battery energy storage system (BESS) in Telangana. The 187.5 MW/750 MWH (187.5 MW x 4 hrs.) BESS will be installed at the Maheswaram 400/220KV substation of the Transmission...

October 13, 2026

MORE NEWS