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Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial, , and policy-related challenges. While residential demand remains supported by the PM Surya Ghar: Muft Bijli Yojana, adoption across commerci...

June 19, 2026

Other

Scaling India’s Solar Cell Manufacturing Ecosystem for Global Markets

India’s solar manufacturing sector is entering a critical phase as the country seeks to strengthen domestic supply chains, reduce import dependence, and support its rapidly expanding solar deployment targets. India added nea...

June 19, 2026

Mercom Research Focus

India’s Floating Solar Pipeline Tops 1 GW, But Vast Potential Remains Untapped

India’s floating solar market is gaining momentum, with the project pipeline now exceeding 1 GW  and cumulative commissioned capacity also approaching the same level, according to data from the Mercom India Renewable Energy ...

June 18, 2026

Energy Storage

Battery Storage Shifts from Backup Power to Strategic Energy Asset in India: Interview

India’s energy transition is rapidly reshaping the role of battery storage, with businesses across sectors and renewable energy developers increasingly looking beyond conventional backup solutions. As renewable energy capacity exp...

June 19, 2026

Latest News

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Daily News Wrap-Up: India’s Floating Solar Pipeline Exceeds 1 GW

India’s floating solar market is gaining momentum, with the project pipeline now exceeding 1 GW and cumulative commissioned capacity also approaching the same level, according to data from the Mercom India Renewable Energy Project Tracker dashboard....

June 19, 2026

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Renewable Energy Developer AXIAN Energy Secures $60 Million

AXIAN Energy, an Arica-based renewable energy developer and a subsidiary of the AXIAN Group, has signed a $60 million financing facility with Mauritius Commercial Bank (MCB), a financial institution operating in the Indian Ocean region. The package...

June 18, 2026

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MPERC Seeks Consultants for Renewable Energy Tariff Determination

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids for consultancy support to determine tariffs for renewable energy projects in the state. The last date to submit bids is July 14, 2026. Bids will be opened on July 20....

June 18, 2026

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Himachal Pradesh Electricity Regulator Finalizes New Grid Code

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the 2026 Grid Code to align the state’s grid operation framework with the Indian Electricity Grid Code. Stakeholders that submitted comments included Himachal Pradesh State...

June 18, 2026

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Uttar Pradesh Approves PPAs for 130 MW of Solar Power Under KUSUM

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 44 power purchase agreements (PPAs) signed by Uttar Pradesh Power Corporation (UPPCL) to procure 130.1 MW of solar power under Component C-2 of the Pradhan Mantri Kisan Urja...

June 18, 2026

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Regulator Allows UP and MP to Jointly Procure 1.13 GWh Battery Storage

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved UP Power Corporation’s (UPPCL) proposal for joint procurement of 1,130 MWh battery storage capacity in association with the Madhya Pradesh Power Management Company (MPPMCL) for...

June 18, 2026

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Chrysalis Renewables Acquires 357 MW Solar Projects in US

Chrysalis Renewables, a global renewables investment platform established by global infrastructure manager Morrison, has acquired the Atlas V and Atlas VI solar projects in the U.S. from Hanwha Renewables, a utility-scale solar and energy storage...

June 18, 2026

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