Mercom Research Focus
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Market Leaders in India’s Solar Sector in 2025

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the increasing competitiveness of the industry, according to Mercom ...

April 2, 2026

Renewable Energy

MNRE Approves 500 MW Pilot CfD Program for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India (SECI) designated as the nodal agency. Under the approved...

April 1, 2026

Market & Policy

Supreme Court Backs Maharashtra on Ending Power Duty Exemptions

The Supreme Court has upheld the Maharashtra government’s authority to withdraw or modify electricity duty exemptions granted to captive power generators, while directing that such withdrawal can take effect only after a reasonabl...

April 2, 2026

Markets & Policy

CERC Notifies Phased Move to Schedule-Based Deviation for Wind, Solar Under DSM

The Central Electricity Regulatory Commission (CERC) has determined the value of “X” for computing deviation by wind and solar sellers under the Deviation Settlement Mechanism (DSM) Regulations, 2024. The revised framework will co...

April 1, 2026

Latest News

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Rajasthan Lowers Charges for Open Access Power Consumers for FY 2027

The Rajasthan Electricity Regulatory Commission (RERC) has largely carried forward the existing retail electricity tariff structure for the financial year (FY) 2026–27, while revising key surcharge components and open access charges. Domestic...

April 6, 2026

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Cairn Begins Sourcing 25 MW of Wind-Solar Power from Serentica

Cairn Oil & Gas, a Vedanta Group company, has signed a power delivery agreement (PDA) with renewable energy solutions provider Serentica Renewables to source 25 MW of wind-solar energy to support the operations of Cairn’s Mangala onshore oil...

April 6, 2026

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Neuron Energy Sets Up 5 GWh Battery Storage Facility, Expands Beyond EV Segment

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility with an annual capacity of 5 GWh in Talegaon, Maharashtra, marking its entry into...

April 6, 2026

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IEX Trades Record Electricity of 141 BU in FY 2026, Breaks Last Year’s Record

The Indian Energy Exchange (IEX) has reported the highest-ever electricity trading volume of 141 billion units (BU) in the financial year (FY) 2026, an increase of 17% year-over-year (YoY). India’s power demand grew by 1.1% YoY during the...

April 6, 2026

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Quality Power’s Subsidiary Secures ₹1.52 Billion Battery Storage System Order

Maharashtra-headquartered energy transition equipment and power technology company Quality Power’s Türkiye-based material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has received an order to supply and integrate battery energy storage...

April 6, 2026

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Northern Railway Floats O&M Tender for 1 MW Solar Projects

Northern Railway has issued a tender for the annual comprehensive operation and maintenance (O&M) of 1 MW solar projects installed at various locations at Shri Mata Vaishno Devi Katra Railway Station, platform shelters, and service buildings in...

April 6, 2026

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Himachal Pradesh Tenders 9 MW Solar Project with 6.3 MWh Battery Storage

The Himachal Pradesh Power Corporation (HPPCL) has invited bids for the design, supply, construction, and commissioning of a 9 MW solar power project with a 3.15 MW/6.3 MWh battery energy storage system at Dabhota in the Solan district of Himachal...

April 6, 2026

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Electric Vehicle Sales Clock 35% YoY Growth in Q1 2026

Electric vehicle (EV) sales in India reached 696,769 units in the first quarter (Q1) of 2026, an increase of over 35.5% year-over-year (YoY) against the 514,198 units. EVs account for 9% of overall automobile sales, which totaled 7,889,101 units in...

April 6, 2026

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Daily News Wrap-Up: Market Leaders in India’s Solar Sector in 2025

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the increasing competitiveness of the industry, according to Mercom India’s latest...

April 6, 2026

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Germany Awards 3.4 GW of Onshore Wind and 155 MW of Solar Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 3,445 MW of onshore wind capacity in the February 2026 tender round, with 924 bids totaling 7,858 MW, indicating significant oversubscription. In the wind segment, 439 bids,...

April 6, 2026

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