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India’s Solar Imports Rise 50% YoY in Q2 2026, Exports Plunge 88%

Solar cell imports rose 33.2%, while module imports fell 75.5% compared to the previous quarter. This contrast reflects India’s expanding domestic module manufacturing base, which is increasing demand for imported cells while redu...

August 21, 2026

Mercom Research Focus

Rooftop Solar’s BoS Quality Problem Extends Beyond Component Selection

As India’s rooftop solar market expands, the quality of balance-of-system (BoS) components and installation practices is becoming increasingly important to project performance. Failures involving connectors, cables, isolators, mou...

August 21, 2026

Mercom Research Focus

India’s Solar Open Access Capacity Up 6 GW in 1H 2026

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom India’s newly released Q2 2026 India Solar Open Access Marke...

August 20, 2026

Mercom Research Focus

Over 5,400 Power Sector Cases Pending, Delaying Projects and Raising Costs

The government recently told Parliament that over 5,400 power sector cases are pending before electricity sector regulators and the courts. Cases involving the Ministry of Power (MoP) numbered 1,303, while 2,911 and 1,193 petition...

August 20, 2026

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Daily News Wrap-Up: India’s Solar Open Access Capacity Rises 43% YoY

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom India’s newly released Q2 2026 India Solar Open Access Market Report. The...

August 21, 2026

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Hindustan Power Closes Financing for 435 MW Solar Project

Hindustan Power has achieved financial closure for its 435 MW solar project in Lalitpur, Uttar Pradesh after securing ₹11.35 billion (~$113.5 million) in debt financing from Indian Renewable Energy Development Agency (IREDA). Hindustan Power is...

August 21, 2026

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Korkia Semecon Finland Renewables Sells 125 MW Battery Storage Project

Korkia Semecon Finland Renewables, a joint venture between Korkia and Semecon, has completed the sale of the 125 MW Kukonkylä battery energy storage project in Finland to renewable energy developer and independent power producer Enlight Renewable...

August 20, 2026

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MNRE Mandates Storing Inverter Data of PM Surya Ghar Projects in India

The Ministry of New and Renewable Energy (MNRE) has directed inverter manufacturers supplying rooftop solar systems under the PM Surya Ghar: Muft Bijli Yojana to ensure that inverter-level data and associated monitoring and control servers are...

August 20, 2026

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Key Capture Energy Secures $300 Million for Energy Storage Portfolio

Key Capture Energy (KCE), a developer, owner, and operator of battery energy storage systems (BESS), has closed a $300 million letter of credit facility with Standard Chartered, which served as the sole provider and arranger. The facility will...

August 20, 2026

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Tata Power Invites Bids for 50 MW/100 MWh Battery Storage Capacity

Tata Power-D, the distribution arm of Tata Power Company, has invited bids to procure 50MW/100MWh (1 cycle) of battery energy storage capacity for a 15-year period from a grid-connected inter-state project in Rajasthan. The last date to submit bids...

August 20, 2026

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AMPIN Secures $195 Million for 100 MW Wind-Solar Storage Project

Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement (PPA)-backed 100 MW wind-solar project with battery energy storage systems in Andhra Pradesh....

August 20, 2026

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NLC India Seeks 1,500 Acres of Land for Solar Projects in Tamil Nadu

NLC India has invited bids to arrange 1,500 acres of land through outright purchase for solar projects in Tamil Nadu. The scope of work includes arranging 1,500 acres of private land (5 acres/MW) in Tamil Nadu through outright purchase for solar...

August 20, 2026

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