Mercom Research Focus
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India Added 6.1 GW of Solar Open Access Capacity in 9M 2025

India added 6.1 GW of solar open access capacity in the first nine months (9M) of 2025, increasing over 13% year-over-year (YoY) from 5.4 GW, according to Mercom India’s Q3 2025 Solar Open Access Market Report. The installation gr...

December 2, 2025

Mercom Research Focus

Q3 2025 Sees Cost Drop in Large-Scale Solar Systems Across Module Types

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using Indian TOPCon modules were the premium option in terms of co...

November 27, 2025

Energy Storage

Uttarakhand Includes BESS in Renewable Energy Tariff Regulations

The Uttarakhand Electricity Regulatory Commission (UERC) has issued the second amendment to UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil fuel based Co-generating Stations) Reg...

December 1, 2025

C&I

Banks Roll Out Low-Cost, Faster Green Loans to Drive C&I Solar Adoption

Lending institutions are reporting a sharp rise in demand for clean-energy financing from India’s commercial and industrial (C&I) sector, as companies ramp up investments in rooftop solar, green energy open access, and energy ...

November 27, 2025

Latest News

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Europe Brings Relief for Solar Module Makers by Revoking Multi-Busbar Patent

The European Patent Office (EPO) has removed a legal barrier that would have affected European solar module manufacturers using multi-busbar (MBB) cell technology. It has revoked patent EP4092759B1 that applies to MBB technology used to manufacture...

December 2, 2025

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MNRE Mandates Wind Turbine Prototype Testing in India from 2027

The Ministry of New and Renewable Energy (MNRE) has amended the standard operating procedure (SOP) for prototype testing under the Approved List of Models and Manufacturers for Wind (ALMM-Wind) and wind turbine components (ALMM-WTC). The amendment...

December 2, 2025

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Emmvee Photovoltaic Reports 181% Surge in Q2 FY 2026 Revenue

Bengaluru-based solar and cell module manufacturer, Emmvee Photovoltaic Power, reported a revenue of ₹11.31 billion (~$125.82 million) in the second quarter (Q2) of financial year (FY) 2026, a year-over-year (YoY) increase of 181.1%. The company’s...

December 2, 2025

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Daily News Wrap-Up: UERC Adds Storage to Renewable Energy Tariff Regulations

The Uttarakhand Electricity Regulatory Commission (UERC) issued the second amendment to UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil fuel based Co-generating Stations) Regulations, 2023...

December 2, 2025

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Neogen and Morita Form JV to Develop Li-ion Battery Business

Neogen Ionics, a subsidiary of Neogen Chemicals, has formed a joint venture with Morita Investment, a subsidiary of Japan-based Morita Chemicals Industries, to advance the lithium-ion battery business. The JV, Neogen Morita New Materials, will...

December 1, 2025

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Mahindra to Procure 150 MW Renewable Energy from Gelos’ Hybrid Project

Mahindra and Mahindra will procure power from a 150 MW hybrid renewable energy project in Maharashtra comprising 100.8 MW of wind and 50 MW of solar capacity, which is being developed by Gelos Solren. The transaction includes acquiring a 26% stake...

December 1, 2025

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Havells to Procure Power from Kundan Solar’s 15 MW Project

Havells India has announced that it will procure power from Kundan Solar’s 15 MW project in Rajasthan. Havells has acquired a 26% stake in Kundan Solar, a subsidiary of Kudan Green Energy, for ₹56.3 million (~$630,053) to procure power under a...

December 1, 2025

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NLC India Floats Tender for 579.74 MWp Modules Rajasthan Solar Project

NLC India has invited bids to procure 579.74 MWp solar modules for an 810 MW project at Rajasthan Rajya Vidyut Utpadan Nigam’s solar park at Pugal in Bikaner district. Bids must be submitted by December 30, 2025. Bids will be opened on the same day....

December 1, 2025

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