Mercom Research Focus
thumbnail
Solar Savings Turn First-Time C&I Buyers into Repeat Customers

Energy-intensive commercial and industrial (C&I) consumers are expanding solar capacity as rising grid tariffs, proven savings, easier financing, and sustainability targets strengthen the business case. India added 2.7 GW of s...

August 18, 2026

Mercom Research Focus

Solar Module Prices Set to Rise as Procurement Rush Builds Ahead of ALMM-II Deadline

Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening module supply and pushing up project costs. Industry executi...

August 14, 2026

Mercom Research Focus

India Adds Record 27 GW of Solar Capacity in First Half of 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year (CY) 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Solar Market Upda...

August 13, 2026

C&I

Clean Energy Growth Opens New Opportunities Across the Value Chain

India added a record 27 GW of solar capacity in the first half of 2026, extending the sector’s growth momentum as demand strengthened, manufacturing scaled up, and project commissioning accelerated. The rapidly expanding renewable...

August 18, 2026

Latest News

thumbnail
Rooftop Solar Project to Help Textile Facility Save ₹63 million Annually

Solar power solutions can help textile manufacturing facilities meet high daytime electricity demand by tapping into their extensive roof areas to set up solar installations and limit grid electricity purchases. Uttar Pradesh-based GESL Spinners is...

August 18, 2026

thumbnail
Recurrent Energy Secures $695 Million for 330 MW California Solar Project

Recurrent Energy, a developer, owner, and operator of solar and energy storage assets, has secured $695 million in project financing and tax equity for its 330 MW Cobalt Solar project in California. Located approximately 20 miles west of Blythe,...

August 18, 2026

thumbnail
Daily News Wrap-Up: CERC Introduces Charges for Grid Connectivity Extensions

The Central Electricity Regulatory Commission (CERC) introduced a standardized mechanism allowing renewable energy and other eligible connectivity grantees additional time to meet land, financial closure, and commercial operation milestones under...

August 18, 2026

thumbnail
NIRL Declares Winner of Solar, Storage Consultancy Auction

NLC India Renewables (NIRL) has announced the winner of its project management consultancy auction for two battery energy storage system projects totaling 275 MW/650 MWh and a 50 MW solar project in Tamil Nadu. NLC India had floated the consultancy...

August 17, 2026

thumbnail
Agastya Green Energy to Invest ₹78 Billion in 12 GW Solar Ingot, Wafer Plant

Agastya Green Energy, a renewable energy solutions provider, will invest approximately ₹78 billion (~$816.48 million) to establish 12 GW each of solar ingot and wafer manufacturing capacity in Andhra Pradesh. Agastya Green Energy is the green arm of...

August 17, 2026

thumbnail
Tesla Proposes $10.1 Billion Solar Cell Manufacturing Facility in Texas

Electric vehicle maker Tesla is evaluating the development of a $10.1 billion solar cell manufacturing facility in Fort Bend County, Texas, according to an application filed under the state’s Jobs, Energy, Technology and Innovation (JETI) program....

August 17, 2026

thumbnail
Karnataka Regulator Proposes New Electricity Supply Rules

The Karnataka Electricity Regulatory Commission (KERC) has proposed the Draft Electricity Supply Regulations, 2026, consolidating the state’s rules governing electricity connections, metering, billing, security deposits, power supply to...

August 17, 2026

thumbnail
Solarworld’s Q1 Revenue Up by 121%, Bets Big on Energy Storage Business

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions has reported a revenue of ₹1.78 billion (~$18.62 million) in the first quarter (Q1) of the financial year (FY) 2027, rising 121% year-over-year (YoY) compared to ₹805.5 million...

August 17, 2026

MORE NEWS