Mercom Research Focus
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Major Events that Impacted the Indian Solar Sector in 2025

India added 26.6 GW of solar capacity in the first nine months (9M) of the calendar year (CY) 2025, an increase of 53.7% year-over-year (YoY) from 17.3 GW, according to the Q3 2025 India Solar Market Update Report by Mercom India ...

December 23, 2025

Mercom Research Focus

Lowest Energy Storage Auction Tariffs in 2025 [Infographics]

Energy storage in India was long viewed as a niche and costly solution, with limited deployment until around 2018. High costs, immature technologies, and regulatory uncertainty constrained adoption during the early years. Since th...

December 23, 2025

Mercom Research Focus

India’s Top Five Utility-Scale Solar Tenders in 2025 [Infographics]

India added 26.6 GW of solar capacity in the first nine months (9M) of the calendar year 2025, an increase of 53.7% year-over-year (YoY) from 17.3 GW, according to the Q3 2025 India Solar Market Update Report by Mercom India Resea...

December 22, 2025

Mercom Research Focus

India’s Top Five Solar Energy Funding Deals in 2025 [Infographics]

Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal, Blueleaf Energy, a Singapore-based renewable energy platform pro...

December 24, 2025

Latest News

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The Biggest Challenges India’s Renewable Energy Sector Faced in 2025

India made significant strides in strengthening its domestic upstream renewable energy supply chain and added substantial solar generation capacity in 2025. However, the renewable energy sector also faced several major challenges, including...

December 24, 2025

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Vikran Engineering Bags EPC Contract for 600 MW Solar Projects in Maharashtra

Maharashtra-based Vikran Engineering has received a work order from Onix Renewable valued at ₹20.35 billion (~$226.66 million) for the engineering, procurement, and construction (EPC) of 600 MW of grid-connected solar power projects in Maharashtra....

December 24, 2025

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Daily News Wrap-Up: Key Events that Impacted India’s Solar Sector in 2025

India added 26.6 GW of solar capacity in the first nine months of the calendar year 2025, an increase of 53.7% year-over-year from 17.3 GW, according to the Q3 2025 India Solar Market Update Report by Mercom India Research. Large-scale solar...

December 24, 2025

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Funding and M&A Roundup: Alphabet to Acquire Intersect for $4.7 Billion

From: Mercom Capital Group Alphabet, the parent company of Google, entered into a definitive agreement to acquire Intersect, a data center and energy infrastructure solutions provider, for $4.75 billion in cash, plus the assumption of debt. The...

December 24, 2025

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Saatvik Commissions 2 GW Encapsulation Film Facility in Haryana

Haryana-based solar module manufacturer Saatvik Green Energy (SGEL) has operationalized a 2 GW encapsulation polyolefin elastomer (EPE) film manufacturing facility at its campus in Ambala, Haryana. EPE films ensure strong adhesion between solar cell...

December 24, 2025

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FEOC Compliance Emerges as Key Risk for US Clean Energy Credits: Report

A new Crux survey suggests the U.S. clean energy market is moving quickly on Foreign Entity of Concern (FEOC) compliance, but many firms still don’t feel ready for what is in store for 2026. In an October 2025 survey of 50 developers, manufacturers,...

December 24, 2025

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Project Finance Brief: Grenergy Secures $116 Million Financing for 172 MW Solar Project

From: Mercom Capital Group Grenergy, a renewable energy company, secured €98.8 million (~$116.26 million) senior non-recourse financing for the 172 MW Ayora solar project. The financing also includes a €13.6 million (~$15.97 million) line of credit...

December 24, 2025

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Solar’s Changing Economics and What It Means for Corporate Energy Strategy in India

For commercial and industrial (C&I) consumers in India, electricity has shifted from being a predictable operating cost to a strategic risk. Rising tariffs, volatile fuel adjustment charges, tightening time-of-day pricing, and uncertainty around...

December 24, 2025

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MENA Weekly Round-Up: Egypt Launches 2 GW Solar Cell, Module Plant

Egypt laid the foundation stone for the Atum Solar manufacturing complex in the Suez Canal Economic Zone, a $210 million project being developed by a consortium of partners from China, the UAE, Bahrain, and Egypt. Located in the TEDA industrial zone,...

December 23, 2025

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