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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EV Solutions Firm Neuron Energy Raises ₹310 Million in Pre-Series B Funding

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has raised ₹310 million (~$3.47 million) in a pre-series B round to expand its battery manufacturing capacity. The funding was led by Equanimity Ventures, Rajiv Dadlani Group,...

November 28, 2025

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Tata Institute’s 50 kW Rooftop Solar System to Pay Itself Back in 6.5 Years

Using a 50 kW rooftop solar system, the Tata Institute of Fundamental Research (TIFR) in Colaba, Mumbai, is saving ₹852,852 (~$9,548.45) annually on power costs. TIFR is a deemed university that awards master’s and doctoral degrees. Taking the...

November 28, 2025

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CMPDIL Floats Tender for 1.5 MW of Solar Trees and Rooftop Projects

The Central Mine Planning and Design Institute (CMPDIL) has issued a tender to set up 1,545 kW of grid-connected solar projects in the Central Coalfields project areas in Jharkhand. These projects will comprise solar trees and rooftop systems, with...

November 28, 2025

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Inox Air to Supply Nitrogen for Solar Cell Plants of ReNew and Grew

Industrial, electronic, and specialty gas manufacturer Inox Air Products (INOXAP) has entered into long-term partnerships with Grew Energy and ReNew Energy Global to supply ultra-high-purity (UHP) nitrogen for their upcoming solar cell manufacturing...

November 28, 2025

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Australia Invites Bids for 4 GW/16 GWh Dispatchable Energy Storage Projects

Australia has invited bids to set up 4 GW /16 GWh of dispatchable energy storage capacity in the National Electricity Market (NEM). Bids must be submitted by February 6, 2026. Successful bids will be announced in June 2026. In contrast to the...

November 28, 2025

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CEA Steps in as Distribution Transformer Failures Hit 1.3 Million a Year

Transmission sector stakeholders have decided to adopt new measures to lower the high failure rate of electricity distribution transformers, achieve uniformity in specifications across utilities and manufacturers, and reduce replacement delays. At a...

November 28, 2025

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Waaree to Supply 350 MW of TOPCon Modules for AMPIN’s Solar Projects

Solar module manufacturer Waaree Energies has secured a 350 MW order from AMPIN Energy Transition to supply high-efficiency G12R TOPCon modules for AMPIN’s upcoming solar projects across India. Waaree Energies is expected to complete the deliveries...

November 28, 2025

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Premier-Green Aluminium to Raise ₹600 Million for Solar Module Frame Production

Premier-Green Aluminium, a joint venture company of Premier Energies, aims to raise ₹600 million (~$6.7 million) in tranches to implement an aluminum frame production facility to support its solar module manufacturing. The company has issued has...

November 28, 2025

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Odisha Updates Rooftop Solar Net-Metering Rules to Allow Hybrid Inverters

The Odisha Electricity Regulatory Commission (OERC) has amended its net metering and bi-directional metering framework for rooftop solar systems, aligning the state regulations with recent Ministry of New and Renewable Energy (MNRE) guidelines....

November 28, 2025

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Daily News Wrap-Up: Q3 Sees Lower System Costs for Large-Scale Solar Projects

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 cost, whereas...

November 28, 2025

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