Mercom Research Focus
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Rooftop Solar Growth Accelerates in India with 7.1 GW Added in 2025, a 123% YoY Jump

India’s rooftop solar capacity grew to 7.1 GW in the calendar year (CY) 2025, an over 123% year-over-year (YoY) jump from 3.2 GW in 2024, according to Mercom India Research’s newly released Q4 & Annual 2025 India R...

February 26, 2026

Mercom Research Focus

Maharashtra’s Rooftop Solar Policy Tweak Faces Heat

Rooftop solar installers in Maharashtra are up in arms over a reported change in capacity approval criteria by Maharashtra State Electricity Distribution Company Limited (MSEDCL), calling it a move to restrict system sizing. Multi...

February 26, 2026

Solar

Vismaya Renewables, Hexa and Purvah Green Win CESC’s 600 MW Wind-Solar Auction

Vismaya Renewables India Project, a subsidiary of UPC Renewables, Hexa Climate Solutions, and Purvah Green Power have won Calcutta Electric Supply Corporation’s (CESC) auction to develop 600 MW of interstate transmission system (I...

February 26, 2026

Markets & Policy

US Hits Indian Solar Cells with 126% Preliminary Countervailing Duties

The U.S. Department of Commerce has announced its preliminary determination of countervailing duties of up to 125.87% on crystalline silicon solar cells, whether or not assembled into modules, imported from India. The preliminary...

February 25, 2026

Latest News

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Daily News Wrap-Up: States Favor Thermal Despite Renewable Energy Growth

Despite record-low renewable energy tariffs, several states have entered long-term thermal power purchase agreements at significantly higher tariffs of ₹5.38 (~$0.059)-₹7.27 (~$0.079)/kWh, reflecting concerns over supply security, baseload...

February 26, 2026

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Higher Module Sales Boost First Solar’s Q4 2025 Net Income

U.S.-based module manufacturer First Solar’s net sales in the fourth quarter (Q4) of 2025 rose 11.1% year-over-year (YoY) to $1.68 billion from $1.51 billion. Net income grew 32.5% YoY to $520.88 million from $393.12 million, aided by improved sales...

February 26, 2026

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Telangana Electricity Commission Issues Resource Adequacy Framework

Telangana Electricity Regulatory Commission (TGERC) has issued a resource adequacy framework outlining a mechanism for electricity generation, transmission, and distribution planning to reliably meet the projected power demand. The Telangana...

February 26, 2026

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Renewable Energy Solutions Provider CleanMax’s IPO Subscribed 94%

Clean energy solutions provider Clean Max Enviro Energy Solutions’ (CleanMax) ₹31 billion (~$340.92 million) initial public offering (IPO) was subscribed 0.94 times at the end of the bidding window on February 25, 2026. The price band was set at ₹1,...

February 25, 2026

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NVVN Issues Tender for 2.1 MW Rooftop Solar Projects at Three AIIMS Sites

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids to develop 2.115 MW of grid-connected rooftop solar projects at the All India Institute of Medical Sciences (AIIMS) in Deoghar, Jharkhand; Gorakhpur, Uttar Pradesh; and Patna, Bihar. The total...

February 25, 2026

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POWERGRID Commissions Project to Evacuate 8.1 GW Solar Power from Rajasthan

POWERGRID Narela Transmission, a wholly owned subsidiary of Power Grid Corporation of India (POWERGRID), has commissioned the final interstate transmission system (ISTS) to evacuate 8.1 GW of power from solar energy zones in Rajasthan. The...

February 25, 2026

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Vikram Solar Secures 378 MW Module Supply Order from NTPC-Indian Oil JV

Kolkata-based solar module manufacturer Vikram Solar has secured an order for the supply of 378.75 MW of N-TOPCon modules for Indian Oil-NTPC Green Energy’s (INGEL) 600 MW solar project in Nakhatrana, Kutch district, Gujarat. Vikram will start...

February 25, 2026

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