Mercom Research Focus
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Trina, Waaree, Goldi, Rayzon, and Saatvik Lead Solar Module Supply in 2025

Trina Solar, Waaree Energies, Goldi Solar, Rayzon Solar, and Saatvik Green Energy were the top solar module suppliers in 2025, according to Mercom’s recently released India Solar Market Leaderboard 2026. India’s solar module deman...

April 20, 2026

Markets & Policy

High Irradiance, Low Installations: The Solar Gap in Eastern and Central India

India’s average solar irradiance ranges from 3.5–5.5 kWh/m²/day across the country, with nearly every state offering significant potential for solar energy generation. However, several states with high irradiance and ample wastela...

April 21, 2026

Markets & Policy

APTEL Rules CAG Not Appropriate Body to Audit Delhi DISCOMs

The Appellate Tribunal for Electricity (APTEL) has set aside the Delhi Electricity Regulatory Commission’s (DERC) decision to appoint the Comptroller and Auditor General (CAG) to audit Delhi’s power distribution compan...

April 21, 2026

Electric Vehicles

Policy Fragmentation Across Indian States May Delay Transport Electrification

India’s electric vehicle (EV) push is being stymied by a lack of policy coherence, at a time when the need to decarbonize public and individual transport has never been more urgent. Two recent developments illustrate how policy in...

April 17, 2026

Latest News

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Evren Secures $600 Million for FDRE Project in Andhra Pradesh and Rajasthan

Renewable energy company Evren has secured approximately $600 million from lenders, including SMBC, Standard Chartered Bank, MUFG, DBS Bank, Crédit Agricole CIB, and BNP Paribas, to develop a 1 GW hybrid firm and dispatchable renewable energy (FDRE)...

April 22, 2026

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NavPrakriti to Invest ₹1 Billion in Odisha Critical Minerals Facility

NavPrakriti, an eastern India-based lithium-ion battery recycling and refurbishment company, has announced plans to invest over ₹1 billion (~$10.7 million) to set up a greenfield critical minerals refining facility in Odisha. The company plans to...

April 22, 2026

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SECI Invites Bids for 1.2 GW ISTS-Connected Wind Projects

The Solar Energy Corporation of India (SECI) has invited bids to set up 1,200 MW of interstate transmission system (ISTS)-connected wind power projects across India (Tranche XX). Bids must be submitted by May 29, 2026. Bids will be opened on June 3....

April 22, 2026

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Tandem PV Opens 40 MW US Factory to Scale Perovskite Solar Panels

Perovskite-based solar panel developer Tandem PV has opened a 40 MW commercial demonstration factory in Fremont, California, marking a step toward scaling up next-generation perovskite-silicon solar manufacturing in the U.S. The 65,000-square-foot...

April 21, 2026

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Sigenergy Technology Raises $562 Million in Hong Kong IPO

Sigenergy Technology, a provider of home battery storage and commercial solar solutions, has raised over HK$4.4 billion (~$562 million) through its initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX). The Shanghai-headquartered...

April 21, 2026

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Orrön Energy Sells 91 MW Agrivoltaic Project in Germany

Sweden-based Orrön Energy, a renewable energy project developer focused on onshore renewable energy assets, has completed the sale of a 91 MW agrivoltaic project with a co-located battery option in Eastern Germany to Gülermak Renewables, an...

April 21, 2026

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Juniper Green Energy Begins Commissioning India’s First FDRE Project

Independent power producer, Juniper Green Energy, has begun commissioning India’s first Firm and Dispatchable Renewable Energy (FDRE) project, which integrates 259 MW of solar, 280 MW of wind, and 200 MWh of battery storage across Rajasthan and...

April 21, 2026

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MAHAGENCO Issues Consultancy Tender for Green Hydrogen and Ammonia Project

MAHAGENCO Renewable Energy (MAHAGENCO REL) has invited bids to prepare a pre-feasibility study, technical bid specification, review and approval of detailed design engineering, and project management for a green hydrogen and ammonia project at Uran...

April 21, 2026

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CCI Clears Restructuring of Solar Components Manufacturer Vishakha Renewables

The Competition Commission of India (CCI) has approved the proposed merger of the renewable energy business of Gujarat-based solar components manufacturer Vishakha Renewables (VRPL) with its solar glass manufacturing division, Vishakha Glass. The...

April 21, 2026

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Germany Adds 3.5 GW Solar Capacity in Q1 2026, Total Capacity Reaches 121 GW

Germany added a total of 3.5 GW of solar capacity during the first quarter (Q1) of 2026, according to data from the Federal Network Agency (Bundesnetzagentur). The country’s cumulative solar capacity now stands at 121 GW. The country also added 1.05...

April 21, 2026

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