Mercom Research Focus
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India’s Solar Imports Up 34% in Q4 2025, Exports Down 70% QoQ

India imported solar cells and modules worth over $1.12 billion (~₹100.2 billion) in the fourth quarter (Q4) of 2025, a 55.6% year-over-year (YoY) increase from $723.4 million (~₹61.1 billion), according to data from the Departmen...

March 9, 2026

Mercom Research Focus

Execution Risks Loom for Indian Battery Storage Developers as Tariffs Drop Sharply

India’s standalone battery energy storage system (BESS) tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over whether projects can be executed and, if so, whether they c...

March 9, 2026

Mercom Research Focus

Indian Solar Manufacturers Say Domestic Demand Offsets Impact of U.S. Duties

The recent imposition of steep countervailing duties by the U.S. on Indian solar imports is not causing much concern among solar manufacturers, given lower export volumes and their focus on the domestic market. The U.S. Department...

March 3, 2026

Event

Mercom India’s Renewables Summit Sixth Edition Rescheduled to July 1-2, 2026

The sixth edition of Mercom India’s flagship Renewables Summit has been rescheduled to July 1-2, 2026, at the Hyatt Regency in New Delhi, from July 9-10. Each year, the Summit convenes policymakers, industry leaders, investors, an...

March 2, 2026

Latest News

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Tunisia Invites Bids for 300 MW Solar Plus 150 MW/540 MWh Battery Storage Project

Tunisia’s Ministry of Industry, Mines, and Energy has invited bids to develop a 300 MW solar power project with a 150 MW/540 MWh battery energy storage system. The project will be developed under a concession agreement on a 440-hectare plot of land...

March 9, 2026

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MENA Weekly Round-Up: Egypt Plans to Add 2.5 GW of Renewables to the Grid

Egypt has announced plans to add 2,500 MW of renewable energy capacity to the country’s electricity grid before next summer. The country also discussed comprehensive action plans to secure fuel supplies and ensure grid stability, emphasizing...

March 9, 2026

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MSEDCL Gets Approval to Procure 4 GWh Battery Storage Capacity

The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) proposal to procure 2 GW/4 GWh battery energy storage capacity for 15 years, at a tariff of ₹165,998 (~$1,806)/MW per...

March 9, 2026

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UltraTech Cement to Procure Solar Power from Sunsure’s 14 MW Project

UltraTech Cement, an Aditya Birla Group company, has signed an energy supply agreement, and share subscription and a shareholders agreement to source power from Sunsure Solarpark Thirty Eight’s 14 MW solar project in Dhule, Maharashtra. UltraTech...

March 9, 2026

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Maharashtra Regulator Approves 2,269 MW of Solar Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company (MSEDCL) to proceed with competitive bidding for the procurement of 2,269 MW of distributed solar power under the Mukhyamantri...

March 9, 2026

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PFC Consulting Floats Tender for Smart Meter Service Providers

PFC Consulting has invited bids for appointing Advanced Metering Infrastructure (AMI) service providers for the installation of 125,000 smart meters across the Chennai, Kanchipuram, Villupuram, and Tiruvannamalai regions in Tamil Nadu under the...

March 9, 2026

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TrueRE Oriana Power Wins EPC Contract for DVC’s 234 MW Floating Solar Project

TrueRE Oriana Power has secured the Damodar Valley Corporation’s (DVC) engineering, procurement, and construction contract to set up a 234 MW grid-connected floating solar project on the reservoir of DVC Maithon Dam in Jharkhand. The project is...

March 9, 2026

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Rajasthan Notifies Thermal Compensation Rules Amid Renewable Surge

In a move aimed at supporting grid stability as renewable energy penetration increases, the Rajasthan Electricity Regulatory Commission (RERC) has issued a final order on compensation for part-load operation for thermal power generating stations...

March 9, 2026

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CERC Rejects SJVN’s Claim on Delivery Point in Solar Project Billing Dispute

The Central Electricity Regulatory Commission (CERC) has rejected SJVN Green Energy’s petition seeking recognition of a different delivery point for electricity supplied from its 100 MW solar project at the Raghanesda Solar Park in Gujarat. The...

March 9, 2026

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Sunsure to Supply 12.7 Million Units of Solar Power to Auto Parts Firm Daeseung

Renewable solutions provider Sunsure Energy has signed a power purchase agreement (PPA) with Daeseung Autoparts India and Ilgahng Automotive to supply a cumulative of 12.7 million units of power annually from its 75 MW solar project in Tamil Nadu....

March 9, 2026

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