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Tata Power Solar, Roofsol, Mahindra Solarize Lead India’s Rooftop Solar Market in 2024

Tata Power Solar, Roofsol Energy, Mahindra Solarize, Gentari (formerly Amplus Solar), and Kalpa Power emerged as the top rooftop solar installers in India in 2024, according to Mercom India’s India Solar Market Leaderboard 2025. T...

May 22, 2025

Mercom Research Focus

India Adds 7 GW of Solar Capacity in Q1 2025, Down 25% YoY

India added 6.7 GW of solar capacity in the first quarter (Q1) of 2025, according to Mercom India’s latest Q1 2025 India Solar Market Update Report. The numbers reflect a 25% year-over-year (YoY) decline compared to the 9 GW added...

May 20, 2025

Mercom Research Focus

India’s Wind Energy Installations Surge 134% QoQ in Q1 2025

India added 1.8 GW of wind energy capacity in the first quarter (Q1) of the calendar year 2025, an increase of 63% year-over-year (YoY) from 1.15 GW in Q1 2024. The capacity additions rose 134% quarter-over-quarter (QoQ), accordin...

May 21, 2025

Grid

Operators Struggle to Balance Solar with Thermal Power as Grid Woes Rise

The increasing integration of renewable energy continues to stress India’s electricity grid, causing repeated frequency fluctuations. The grid has seen persistent high frequency above the ceiling on 39 days in the third and fourth...

May 22, 2025

Latest News

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Gujarat Invites Bids to Purchase Power from 500 MW Solar Projects

Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection for procuring power from 500 MW solar projects on a build, own, operate basis. The tender includes a greenshoe option for an additional capacity of up to 500 MW, increasing the...

May 23, 2025

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NVVN Tenders 3.4 MW Rooftop Solar Projects in Andaman and Nicobar

The NTPC Vidyut Vyapar Nigam (NVVN) has invited bids for installing 3.45 MW grid-connected rooftop solar projects at multiple buildings in three Andaman and Nicobar Islands districts. Bids must be submitted by June 19, 2025. Bids will be opened on...

May 23, 2025

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REIL Issues Rate Contract Tender for 1.4 MW Rooftop Solar Projects

Rajasthan Electronics and Instruments (REIL) has invited bids for rate contracts to set up 1.35 MW of grid-connected rooftop solar projects on government buildings in Uttar Pradesh. The last date to submit bids is June 11, 2025. Bids will be opened...

May 23, 2025

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Daily News Wrap-Up: Top Rooftop Solar Installers in 2024

Tata Power Solar, Roofsol Energy, Mahindra Solarize, Gentari (formerly Amplus Solar), and Kalpa Power emerged as the top rooftop solar installers in India in 2024, according to Mercom India’s India Solar Market Leaderboard 2025. Together, these five...

May 23, 2025

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CERC Releases Draft Virtual Power Purchase Agreement Guidelines

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for virtual power purchase agreements (VPPA), which could evolve as another instrument to enable the designated consumers to meet their renewable consumption...

May 23, 2025

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Higher Net Interest Income Strengthens PFC’s Q4 FY 2025 Financials

Government-owned Power Finance Corporation (PFC) recorded a total revenue of ₹292.85 billion (~$3.42 billion) in the fourth quarter (Q4) of the financial year (FY) 2024-25, a 21.13% year-over-year (YoY) increase from ₹241.76 billion (~$2.82 billion)....

May 23, 2025

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Rajasthan Mandates BESS for Captive Projects Exceeding 100% Contract Demand

The Rajasthan Electricity Regulatory Commission (RERC) has issued the Rajasthan Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access) Regulations, 2025. Captive renewable energy projects, including behind-the-meter...

May 23, 2025

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Solar Cell Manufacturing Lags Behind Demand

Solar module manufacturers stressed the importance of increasing solar cell capacity to meet the growing domestic demand at the recent RE Buyer Seller Meet hosted by Mercom India in Pune. Representatives from Adani Solar and Swelect Energy...

May 23, 2025

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Battery Manufacturer CATL Lists on Hong Kong Stock Exchange’s Main Board

Contemporary Amperex Technology (CATL), a China-based battery manufacturing company, has announced its listing on the Hong Kong Stock Exchange’s main board. The listing’s global offering included 135 million shares before the greenshoe option for...

May 23, 2025

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US Clean Energy Tax Credits at Risk as Reconciliation Bill Moves to Senate

The U.S. House of Representatives passed the 2025 budget reconciliation bill, advancing it to the Senate. The bill proposes significant changes that could severely undercut the clean energy sector. If passed in its current form, it would undo many...

May 23, 2025

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