Mercom Research Focus
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51% of India’s Installed Renewable Capacity was Solar by Q3 2025

Solar power accounted for 25.1% of India’s total installed power capacity and 51% of the total installed renewable capacity as of September 2025. The solar capacity installed increased by 7.5% quarter-over-quarter (QoQ) and 37.5% ...

November 7, 2025

Solar

WAPCOS, Power and Energy Consultants Win RUVNL’s Solar Consultancy Auction

WAPCOS and Power and Energy Consultants India have won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction for consultancy services for preparing feasibility-cum- detailed project reports (DPR) for developing solar parks. The t...

November 12, 2025

Rooftop

APM Projects Wins MES’ 2 MW Rooftop Solar EPC Auction

APM Projects has won the Military Engineer Service’s (MES) 2.25 MW engineering, procurement, and construction (EPC) auction to set up rooftop solar systems at various buildings in Air Force stations in Haryana, Uttar Pradesh, and ...

November 10, 2025

Other

Mercom Renewables Summit Returns for its Sixth Edition in July 2026

Mercom India’s flagship Renewables Summit returns for its sixth edition on July 9–10, 2026, at the Hyatt Regency in New Delhi, reaffirming its premier position in the country’s clean energy events calendar. Each year, the Summit c...

November 11, 2025

Latest News

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EV Charging Firm ACS Energy Secures ₹11 Million Funding in Pre-Seed Round

Electric vehicle (EV) charging platform, ACS Energy, has raised ₹11 million (~$124,149) in a pre-seed round from Infection Point Ventures. The funding will be utilized to deploy over 5,000 UPI-enabled EV charging stations across Maharashtra and...

November 13, 2025

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Inox Wind Bags Orders for 100 MW Wind Turbine Generators

Noida-based wind energy solutions company, Inox Wind, has secured orders for a total capacity of 100 MW of Inox Wind’s 3.3 MW wind turbines from a green energy transition platform. The wind turbines will be deployed in projects in Gujarat. Inox will...

November 13, 2025

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Waaree Energies Secures Order to Supply 360 MW of Solar Modules

Solar module manufacturer Waaree Energies has received an order to supply 360 MW of modules from an undisclosed customer who develops, owns, and operates utility-scale solar and energy storage projects. Waaree will supply the solar modules within...

November 13, 2025

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Cabinet Approves Royalty Rates for Four Critical Minerals

The Union Cabinet has approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks containing these minerals, which are used in renewable energy technologies.   The...

November 13, 2025

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BASF India to Procure Power from CleanMax’s 12.21 MW Wind-Solar Project

Chemical products manufacturer BASF India will procure 28,860 MWh of renewable power from a 12.21 MW hybrid wind-solar captive project to be developed jointly with Clean Max Amalfi, a special purpose vehicle of CleanMax, in Jamnagar district,...

November 13, 2025

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Daily News Wrap-Up: RVUNL Announces Winners of Solar Consultancy Auction

WAPCOS and Power and Energy Consultants India won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction for consultancy services for preparing feasibility-cum- detailed project reports (DPR) for developing solar parks. The tender was floated in...

November 13, 2025

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MNRE Announces ₹1 Billion for Biomass-to-Green Hydrogen Pilots

Union Minister of New and Renewable Energy Pralhad Joshi announced a ₹1 billion (~$11.3 million) call for proposals for pilot projects to develop technologies for producing green hydrogen from biomass and waste materials. Speaking at the third...

November 12, 2025

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SJVN’s Q2 Revenue Flat on Lower Plant Availability, Higher Tax Expenses

SJVN reported revenue of ₹10.32 billion (~$116.5 million) for the second quarter (Q2) of the financial year (FY) 2026, a 0.5% year-over-year (YoY) increase over ₹10.26 billion (~$115.8 million). The company attributed the nearly flat revenue to,...

November 12, 2025

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Solarworld’s Q2 Revenue Down 2.8% Due to Losses in Manufacturing Segment

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions’ revenue from operations for the second quarter (Q2) of the financial year (FY) 2026 fell 2.8% year-over-year (YoY) to ₹1.38 billion (~$15.58 million) from ₹1.42 billion (~$16...

November 12, 2025

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Epic Energy Board Clears Preferential Warrants for Soleos’ 18% Stake

Integrated clean energy company Epic Energy’s board of directors has approved in principle a proposal to issue and allot share warrants on a preferential basis to Soleos Energy. Upon full subscription and conversion of the warrants, Soleos would...

November 12, 2025

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