Mercom Research Focus
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Solar Installations in India Surge 53.7% YoY in 9M 2025 with 26.6 GW

India added a solar capacity of 26.6 GW 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 newly released Q3 2025 India Solar Market Update Report...

November 18, 2025

Energy Storage

Sun Drops, ENGIE Among Winners of Gujarat DISCOM’s 4 GWh BESS Auction

Nine companies have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to develop 2,000 MW/4,000 MWh of standalone battery energy storage systems (BESS) across Gujarat (Phase VII). Sun Drops Energia (KP Group), ENGIE Energy, Mecpower ...

November 18, 2025

Markets & Policy

CERC Affirms GST Rate Cut on Renewable Energy Equipment as Change in Law

The Central Electricity Regulatory Commission (CERC) has issued a suo motu order directing that monthly tariffs or charges must be adjusted or refunded from the date the Goods and Services Tax (GST) reduction event occurs, affirmi...

November 19, 2025

Solar

Pace Digitek, Bondada Win MAHAGENCO’s 300 MW Solar EPC Auction

Pace Digitek and Bondada Engineering have won the Maharashtra State Power Generation Company’s (MAHAGENCO) engineering, procurement, and construction auction for 300 MW solar projects, securing 200 MW and 100 MW, respectively. The...

November 18, 2025

Latest News

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Bihar Issues Renewable Energy Tariff Determination Regulations

The Bihar Electricity Regulatory Commission (BERC) has issued the BERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations 2025, specifying a generic tariff determination structure for renewable energy...

November 20, 2025

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POWERGRID Approves Bond Issue to Raise ₹38 Billion

Power Grid Corporation of India (POWERGRID) has approved the launch of its 83rd bond issue under its 2025-26 program, authorizing the company to raise ₹38 billion (~$428.72 million). The bond issue has a base size of ₹10 billion (~$112.82 million)...

November 20, 2025

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GIPCL Commissions 465 MW of 600 MW Khavda Solar Project

Gujarat Industries Power Company (GIPCL) has commissioned a capacity of 150 MW as part of the fourth phase of its 600 MW solar project at the 2,375 MW Renewable Energy Park at Khavda, Gujarat. The total capacity commissioned so far has reached 465...

November 20, 2025

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TNGECL Invites Bids for 15 MW Solar with 45 MWh BESS Project in Thiruvarur

Tamil Nadu Green Energy Corporation (TNGECL) has invited bids to select developers to set up a 15 MW solar project, along with a 15 MW/45 MWh battery energy storage system (BESS), in Thiruvarur, Tamil Nadu. The last date to submit bids is December...

November 20, 2025

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TCIL Invites Bids to Select Partners for SECI’s 13 MW Rooftop Solar Projects

Telecommunications Consultants India (TCIL) has invited expressions of interest (EoI) from consortium partners to install 13,043 kW grid-connected rooftop solar projects on government buildings in the Union Territory of Puducherry. The installations...

November 20, 2025

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Tamil Nadu Invites Bids for 15 MW Solar, 15 MW/45 MWh BESS Project in Karur

The Tamil Nadu Green Energy Corporation (TNGECL) has invited bids to set up a 15 MW solar power project with 15 MW/45 MWh battery energy storage system (BESS) in Karur, Tamil Nadu. Bids must be submitted by December 26, 2025. Bids will be opened on...

November 20, 2025

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Daily News Wrap-Up: CERC Says GST Rate Cut on RE Equipment is a Change in Law

The Central Electricity Regulatory Commission (CERC) issued a suo motu order directing that monthly tariffs or charges must be adjusted or refunded from the date the Goods and Services Tax reduction event occurs, affirming that renewable energy...

November 20, 2025

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Researchers Develop Protective Polymer Coating for Perovskite Cells

Researchers at the Massachusetts Institute of Technology (MIT) have reported the development of a lightweight, two-dimensional polyaramid polymer that can serve as a protective coating for solar cells, electronics, and infrastructure. The film,...

November 20, 2025

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Telangana Removes Nighttime ToD Rebate for December–March Period

The Telangana Electricity Regulatory Commission (TGERC) has approved amendments to the time-of-day (ToD) tariff structure for the Southern Power Distribution Company and the Northern Power Distribution Company. Under the revised structure, the...

November 19, 2025

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RERC Rules Solar Developer Can Claim ₹488 Million for GST Hike, BCD Levy

The Rajasthan Electricity Regulatory Commission (RERC) has allowed a solar developer to claim up to ₹488 million (~$5.5 million) in compensation due to a change-in-law event. The Commission has allowed petitioner ACME Aklera Power Technology (ACME...

November 19, 2025

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