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Bridging the Solar Skills Gap as Academia Races to Catch Up

India’s push to expand solar manufacturing is exposing a persistent gap between academic training and industry requirements, contributing to a growing shortage of skilled workforce, according to industry leaders. The widening skil...

May 22, 2026

Mercom Research Focus

Solar Open Access Installations in India Surge 160% YoY to 2.7 GW

India added 2.7 GW of solar open access capacity in the first quarter (Q1) of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55% quarter-over-quarter increase from 1.7 GW and 160% year-o...

May 21, 2026

Markets & Policy

India’s Solar Hour Peaks Hold, But Evening Power Gaps Pose Challenges

India is meeting new energy peaks during the day this summer, but come sundown, power shortages are becoming more frequent. Consider this: On May 19, 2026, at 3.40 PM, energy demand surged to a new high of 260.45 GW and was met wi...

May 20, 2026

C&I

MSMEs Gain Easier Access to Clean Energy Financing as Banks Expand Offerings

India’s clean energy transition initiatives are increasingly moving beyond utility-scale projects and into the country’s medium, small and micro enterprises (MSME) segment, with businesses exploring strategies to lower their...

May 22, 2026

Latest News

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NLC India Invites Bids to Lease 1,500 Acres in Gujarat for Solar Projects

NLC India has invited bids to lease 1,500 acres of land in Gujarat for the development of solar projects. Bidders must arrange government or private land parcels through a lease arrangement on behalf of NLC India Renewables (NIRL). The tender has...

May 22, 2026

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Odisha Proposes Ancillary Services Framework for Grid Security

The Odisha Electricity Regulatory Commission (OERC) has issued the draft Ancillary Services Regulations, 2026, which sets out a state-level framework for the procurement, deployment, payment, accounting, and settlement of ancillary services. The...

May 22, 2026

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IPX Power Closes $4.95 Billion Financing for Solar and Storage Projects

IPX Power, an independent power producer, has closed committed financing for the construction and operation of the Darden solar and battery storage projects in Fresno County, California. The financing includes $4.95 billion of construction debt...

May 22, 2026

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Energy Trading Startup Shatterdome Energy Raises $3.5M Pre-Seed Funding

Shatterdome Energy, an AI-driven energy trading and virtual power plant startup, has raised $3.5 million in pre-seed funding to develop an energy trading platform for renewable energy operators, utilities, and large power consumers. The round was...

May 22, 2026

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Veda Solar Begins Commercial Production of Modules at 1.5 GW Surat Plant

Veda Solar has commenced commercial production of solar modules at its Surat, Gujarat, manufacturing facility, with capacities ranging from 550 MWp to 630 MWp. The company aims to enhance its commercial and utility-scale portfolio. Veda Solar said...

May 22, 2026

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Fujiyama to Set Up 1.2 GW Solar Cell Manufacturing Plant in Madhya Pradesh

Rooftop solar solutions company Fujiyama Power Systems’ board of directors has approved a proposal to set up a 1.2 GW TOPCon solar cell manufacturing facility at its Ratlam plant in Madhya Pradesh for an estimated investment of ₹3.5 billion (~$36.48...

May 22, 2026

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I Squared Capital Launches $1 Billion Power Transmission Platform in India

I Squared Capital, a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India’s electricity grid, with plans to deploy up to $1 billion in equity capital. The platform will acquire and build a...

May 22, 2026

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Daily News Wrap-Up: India Installs 2.7 GW Solar Open Access in Q1 2026

India added 2.7 GW of solar open access capacity in the first quarter of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55% quarter-over-quarter increase from 1.7 GW and 160% year-over-year (YoY) increase...

May 22, 2026

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