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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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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POWERGRID Invites Bids for 100 MW/200 MWh Battery Storage Project in Punjab

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 100 MW/200 MWh battery energy storage system (BESS) at the 220 kV Bhatinda substation in Punjab. This tender is part of a larger one issued this January to set up 250 MW/500...

March 9, 2026

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Daily News Wrap-Up: CERC Extends Connectivity Deadline for Delayed Projects

The Central Electricity Regulatory Commission (CERC) granted conditional relief to renewable energy developers whose interstate transmission system connectivity was revoked due to delays in project commissioning. The Commission held that the Central...

March 9, 2026

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Rajasthan Adopts Tariff for 2 GWh Standalone Battery Storage Projects

The Rajasthan Electricity Regulatory Commission (RERC) has adopted a tariff of ₹285,000 (~$3,106.52)/MW/month for 500 MW/2,000 MWh standalone battery energy storage systems (BESS). The tariff was discovered through the tender floated by Rajasthan...

March 9, 2026

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FTC Solar’s Q4 Revenue Jumps 149% YoY on Higher Demand for Solar Trackers

U.S.-based solar tracker provider FTC Solar’s revenue surged 148.9% year-over-year (YoY) to $32.9 million from $13.9 million in the fourth quarter (Q4) of 2025. The revenue was above the midpoint of the company’s guidance range of $30 million to $35...

March 9, 2026

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CERC Allows Connectivity Extension for Delayed Renewable Projects

The Central Electricity Regulatory Commission (CERC) has granted conditional relief to renewable energy developers whose interstate transmission system connectivity was revoked due to delays in project commissioning. The Commission held that the...

March 6, 2026

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Karnataka Announces 3 GW Agricultural Feeder Solarization Program

The Karnataka government has announced a new feeder-level solarization program, Mukhya Mantri Saura Krishi Yojane, under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) Component C. Under this program, the government aims to...

March 6, 2026

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Maharashtra Proposes ₹2.82/kWh Tariff for Surplus Rooftop Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has issued a draft order proposing a generic tariff of ₹2.82 (~$0.031)/kWh for surplus electricity exported from rooftop solar systems under net-metering and net-billing arrangements for the...

March 6, 2026

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