Mercom Research Focus
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CERC’s Connectivity Relief a Double-Edged Sword for Delayed Renewable Projects

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time t...

August 24, 2026

Energy Storage

SECI Announces Winners of 6 GWh Peak Power Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate tra...

August 22, 2026

Mercom Research Focus

India’s Solar Imports Rise 50% YoY in Q2 2026, Exports Plunge 88%

Solar cell imports in the second quarter (Q2) of 2026 rose 33.2%, while module imports fell 75.5% compared to the previous quarter. This contrast reflects India’s expanding domestic module manufacturing base, which is increasing d...

August 21, 2026

Markets & Policy

MNRE Allows Four-Month Extension for Renewable Projects Hit by West Asia Crisis

The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies (REIAs) and other power procuring agencies to consider granting an extension of up to four months to renewable energy projects affe...

August 24, 2026

Latest News

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Tata Power Renewables Arm Commissions 190 MW FDRE Project in Rajasthan

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power Company, has commissioned a 190.5 MW solar firm and dispatchable renewable energy (FDRE) project at Kalasar in Bikaner, Rajasthan. The project is part of a larger 460 MW FDRE capacity...

August 24, 2026

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PFC Names Winner of 6.5 GW Transmission Project in Gujarat

PFC Consulting has announced the winner of its auction to establish an interstate transmission system (ISTS) to evacuate 6.5 GW of renewable energy from Gujarat. POWERGRID was declared the sole winner of the auction at a tariff of ₹8.23 billion...

August 24, 2026

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Power Finance Corporation’s Revenue for Q1 FY 2027 Remains Flat

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) revenue for the first quarter (Q1) of the financial year (FY) 2026-27 remained flat at ₹285.27 billion (~$2.98 billion), compared to ₹285.39 billion (~$2.98 billion) during...

August 24, 2026

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Solar Cell Capacity Under ALMM Grows to 39.4 GW

The Ministry of New and Renewable Energy (MNRE) has added 7,632 MW of solar cell capacity under the Approved List of Models and Manufacturers (ALMM) List-II in its ninth revision. The total enlisted capacity under ALMM-II has expanded to 39,391 MW....

August 24, 2026

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Uttar Pradesh Tenders 2.5 MW Rooftop Solar Projects with Battery Backup

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to install 2.5 MW of hybrid rooftop solar systems with hybrid inverters and battery backup at multiple government buildings under the capital expenditure mode....

August 24, 2026

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CEA Plans Institutional Push for Indigenous SCADA, Cut Import Dependence

A Central Electricity Authority (CEA) committee has recommended setting up a formal institutional framework to drive the indigenization of Supervisory Control and Data Acquisition (SCADA) software and hardware and eliminating import dependence by...

August 24, 2026

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Daqo New Energy’s Q2 Revenue Falls 17% as Polysilicon Prices Drop

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy reported a revenue of $62.66 million in the second quarter (Q2) of 2026, a 16.7% year-over-year (YoY) decline from $75.19 million. The quarterly revenue beat analysts’ estimates...

August 24, 2026

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Daily News Wrap-Up: India’s Solar Imports Jump 50% YoY in Q2

India imported solar cells and modules valued at $1.26 billion (~₹119.41 billion) in the second quarter (Q2) of 2026, up 50.3% year-over-year (YoY) compared to $839.49 million (~₹71.85 billion), according to data from the Department of Commerce. As...

August 24, 2026

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