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India’s DCR Solar Push Is Creating a Cost and Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s solar industry. Higher module prices, constrained domestic cell...

August 12, 2026

Mercom Research Focus

Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing, and rooftop solar projects in the first half (1H) of 2026, ac...

August 11, 2026

Energy Storage

GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap funding from the power system development fund (Phase-IX). NLC I...

August 12, 2026

Markets & Policy

Andhra Pradesh Allows Consumers to Install Up to 5 kW Rooftop Solar Systems

The Andhra Pradesh Electricity Regulatory Commission (APERC) has allowed consumers with single-phase low-tension (LT) connections to install rooftop solar systems of up to 5 kW. Under the APERC Grid Interactive Solar Rooftop Photo...

August 11, 2026

Latest News

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Maharashtra Invites EOIs for 170 MW Floating Solar Project with Battery Storage

The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOIs) to develop a 170 MW AC floating solar project with a battery energy storage system (BESS) in Maharashtra. The project will be located at...

August 12, 2026

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Waaree Subsidiary Secures Medium Voltage Skids Order Worth ₹1.6 Billion

Waaree Transpower, the transformer solutions subsidiary of Waaree Energies, has secured an order worth approximately ₹1.6 billion (~$16 million) to supply 8.3 MVA medium-voltage (MV)  applications from an undisclosed global energy storage technology...

August 12, 2026

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DNHDDPCL Invites Bids to Empanel Agencies for 5 MW Rooftop Solar Program

DNH and DD Power Corporation (DNHDDPCL) has invited expressions of interest to empanel agencies to install 5,000 grid-connected rooftop solar systems in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. The projects will be installed...

August 12, 2026

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MNRE to Continue Renewable Energy Skilling Program Until FY 2031

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Human Resource Development (HRD) Program in New and Renewable Energy from financial year (FY) 2027 to FY 2031, with a fresh financial outlay of ₹2 billion (~$21...

August 12, 2026

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ACME Solar Refinances ₹21.5 Billion Debt to Redeem Offshore Dollar Bonds

Renewable energy company ACME Solar Holdings has completed the refinancing of ₹21.47 billion (~$225.01 million) of debt by redeeming existing non-convertible debentures issued by 12 operational special purpose vehicles (SPVs) with a cumulative solar...

August 12, 2026

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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the financial year 2027, up 23.9% year-over-year (YoY) from ₹34.01 billion (~$357.12...

August 12, 2026

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Daily News Wrap-Up: Storage-Backed Renewable Tenders Lead Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing, and rooftop solar projects in the first half of 2026, according to Mercom...

August 12, 2026

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Project Finance Brief: Solar Landscape Secures $150 Million

From: Mercom Capital Group Solar Landscape, a U.S.-based developer and operator of distributed solar and storage projects, has secured a development financing facility of up to $150 million from Copenhagen Infrastructure Partners to support its U.S....

August 12, 2026

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