Mercom Research Focus
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Q3 2025 Sees Cost Drop in Large-Scale Solar Systems Across Module Types

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using Indian TOPCon modules were the premium option in terms of co...

November 27, 2025

Mercom Research Focus

India Added 4.9 GW Rooftop Solar Capacity in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year (YoY) increase, according to Mercom India’s newly released Q3 202...

November 25, 2025

C&I

Banks Roll Out Low-Cost, Faster Green Loans to Drive C&I Solar Adoption

Lending institutions are reporting a sharp rise in demand for clean-energy financing from India’s commercial and industrial (C&I) sector, as companies ramp up investments in rooftop solar, green energy open access, and energy ...

November 27, 2025

Grid

CERC Favors Grid Connectivity Only to Renewable Energy Projects with PPAs

A new staff paper by the Central Electricity Regulatory Commission (CERC) has suggested that grid connectivity for renewable energy projects be given only if they have signed power purchase agreements. As another option, it has be...

November 26, 2025

Latest News

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Uttar Pradesh Jal Nigam Floats Tender for O&M of 1.5 MW Solar Project

Uttar Pradesh Jal Nigam (Urban) has issued a tender for the operation and maintenance (O&M) of a 1.492 MW grid-connected ground-mounted solar project at the Bharwara sewage treatment plant in the Lucknow district. Bids must be submitted by...

November 27, 2025

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Adani Energy Bags Transmission Project to Evacuate 2.5 GW of Renewable Energy

Adani Energy Solutions (AESL) has received a letter of intent from PFC Consulting to establish a transmission system to evacuate 2.5 GW of energy from a potential renewable energy zone (REZ) in Khavda, Gujarat, under Phase V (8 GW): Part C. The...

November 27, 2025

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CESC Invites Bids to Develop 600 MW Wind-Solar Hybrid Projects

The Calcutta Electric Supply Corporation (CESC) has invited bids to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects under a build-own-operate model. The last date to submit bids is January 19, 2026. Bids...

November 27, 2025

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Delhi Regulator Approves BSES Rajdhani’s Power Sale Agreement with SECI

The Delhi Electricity Regulatory Commission (DERC) has approved the power sale agreement (PSA) between BSES Rajdhani Power (BRPL) and Solar Energy Corporation of India (SECI) for the procurement of 1,500 MW of solar power integrated with a 750 MW/3,...

November 27, 2025

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Solar Solutions Firm PosiGen Files for Bankruptcy, Citing US Tax Credit Cuts

U.S.-based solar solutions provider PosiGen has filed proceedings under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. The company reported assets and liabilities of $100 million to $500 million, respectively. PosiGen’s...

November 27, 2025

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Cabinet Approves ₹72.8 Billion Rare Earth Permanent Magnets Manufacturing Program

The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy, with a financial outlay of ₹72.8 billion (~$815.73 million). The program aims to...

November 27, 2025

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Daily Wrap-Up: Supreme Court Tells MERC to Clear Pleas on Maharashtra MYT Order

The Supreme Court of India directed the Maharashtra Electricity Regulatory Commission (MERC) to review the petitions challenging the impugned multi-year tariff (MYT) within 12 weeks. In a November 17, 2025, ruling remanding the matter to the MERC,...

November 27, 2025

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China’s Solar Growth Rebounds in October with 12.6 GW New Capacity

China added 12.6 GW of solar power capacity in October 2025, rebounding after dipping to almost a three-year low in August. This is also a clear step up from September’s 9.66 GW, based on the National Energy Administration’s data. Even so,...

November 27, 2025

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