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, ENGIE Energy, Mecpower Solutions, ...

November 18, 2025

Solar

Andhra Pradesh Announces Winners of 1.2 GW Rooftop Solar Auction

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has announced the 22 winners of its 1.2 GW rooftop solar auction to set up projects under the PM Surya Ghar: Muft Bijli Yojana. Kosol Energie, Rotoma...

November 17, 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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Rajasthan Issues Norms to Develop Captive, Third-Party Renewable Energy Projects

The Rajasthan Renewable Energy Corporation (RREC) has issued a comprehensive Standard Operating Procedure (SOP) to streamline the development, approval, and commissioning of renewable energy projects developed under captive and third-party sale...

November 18, 2025

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Tamil Nadu Invites Bids for 1.5 GWh of Standalone Battery Energy Storage

The Tamil Nadu Green Energy Corporation (TNGECL) has invited bids to set up seven standalone battery energy storage systems (BESS) with a total capacity of 375 MW/1,500 MWh. Bids must be submitted by December 22, 2025. Bids will be opened on the...

November 18, 2025

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Shoals’ Revenue Jumps 33% in Q3 on Higher Project Volumes

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and emobility, reported a 32.8% year-over-year (YoY) increase in revenue to $135.8 million in the third quarter (Q3) of...

November 18, 2025

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Godawari Power to Set Up 10 GWh BESS Plant in Maharashtra

Godawari New Energy (GNEPL), a wholly-owned subsidiary of Godawari Power & Ispat (GPIL), is setting up a 10 GWh battery energy storage system (BESS) manufacturing facility in Maharashtra. The board of directors at GPIL has recently approved this...

November 18, 2025

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Punjab Issues Draft Banking Guidelines for Green Energy Open Access Consumers

The Punjab State Power Corporation (PSPCL) has issued a draft procedure governing the banking of renewable energy for green energy open access (GEOA) consumers under the PSERC (Terms and Conditions for Intra-State Open Access) Regulations, 2011....

November 18, 2025

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MENA Weekly Round-Up: Kuwait to Add Battery Storage to Ease Power Shortages

Kuwait is negotiating a major battery storage project with a discharge capacity of up to 1.5 GW and a total energy storage capacity of between 4 GWh and 6 GWh to alleviate chronic power shortages. The battery storage initiative is part of a broader...

November 18, 2025

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Republican Lawmakers Raise Fears Over Chinese Solar Inverters Harming US Grid

Close on the heels of European lawmakers calling for restrictions on Chinese inverters, over 50 House Republicans in the U.S. have petitioned the Department of Commerce to curb imports of Chinese electric grid components. In a letter, the lawmakers...

November 18, 2025

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Canadian Solar Revenue Flat in Q3, Solar Cell Plant to Go Online in 2026

Renewable energy solutions company  Canadian Solar’s revenue for the third quarter (Q3) of 2025 remained flat at $1.48 billion, reducing 1% year-over-year (YoY) from $1.5 billion. However, the revenue was at the high end of the company’s guidance....

November 18, 2025

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