Mercom Research Focus
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Top Policies that Shaped the Indian BESS Market in 2025

Battery energy storage system (BESS) adoption is gaining momentum in India as renewable energy deployments accelerate. Storage is increasingly being viewed as a critical tool for managing the intermittency of solar and wind genera...

December 26, 2025

Mercom Research Focus

India’s Top Battery Energy Storage Tenders in 2025 [Infographics]

India’s accelerating shift toward renewable energy is the central reason battery energy storage systems (BESS) are growing rapidly. As solar and wind take up a larger share of the installed power mix, their natural intermittency c...

December 26, 2025

C&I

How Banks and NBFCs Are Reshaping Solar Financing for Homes, MSMEs, and Industry

India’s clean energy transition is gaining momentum, driven by growing policy support and rising pressure on commercial and industrial (C&I) consumers to reduce electricity costs and reliance on grid supply. In this environmen...

December 26, 2025

Mercom Research Focus

India’s Top Five Solar Energy Funding Deals in 2025 [Infographics]

Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal, Blueleaf Energy, a Singapore-based renewable energy platform pro...

December 24, 2025

Latest News

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Chennai Port Authority Floats Tender for 2 MW Rooftop Solar Project

The Chennai Port Authority has floated a tender for a 2 MW grid-connected rooftop solar project at its EXIM godowns in Chennai, Tamil Nadu. The project will be implemented across four locations, EXIM Godown 1, 2, 3, and 4, within the Chennai Port...

December 26, 2025

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Vikran, Sterling Wilson, Bondada, Kintech Bag NTPC REL’s 1.4 GW Solar BoS Orders

Vikran Engineering, Sterling and Wilson Renewable Energy, Bondada Engineering, and Kintech Synergy won orders from NTPC Renewable Energy (NTPC REL) for the balance of system (BoS) works for 1.4 GW of grid-connected solar power projects in Chitrakoot...

December 26, 2025

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NTPC Green Commissions 69 MW at Khavda-I Solar Project

NTPC Green Energy (NGEL) has announced the commercial operation of an additional 69.04 MW at the Khavda-I Solar Project in Gujarat. The capacity represents the eighth instalment of the 1,255 MW project being developed under the Phase-II Tranche-III...

December 26, 2025

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KPI Green Secures ₹1.28 Billion Green Hydrogen Project from NTPC

Renewable energy solutions company KPI Green Energy has received three orders from NTPC for the plasma gasification-based green hydrogen generation project from municipal solid waste/refuse-derived fuel/agri waste at NETRA, NTPC, Greater Noida. The...

December 26, 2025

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Gujarat’s New Renewable Energy Policy Targets 150 GW by 2035

The Government of Gujarat has notified the Integrated Renewable Energy Policy, 2025, marking a significant step toward consolidating the state’s renewable energy ambitions under a single, unified framework. The policy is designed to support...

December 26, 2025

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Kerala Mandates Bidding for Intrastate Transmission Projects Above ₹2.5 Million

The Kerala State Electricity Regulatory Commission (KSERC) has ruled that intrastate power transmission projects costing above ₹2.5 billion (~$28.2 million) must be executed through the tariff-based competitive bidding (TBCB) route. The order is...

December 26, 2025

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EV Motors Firm Naxatra Labs Raises $3 Million in Pre-Series A Funding

Naxatra Labs, a manufacturer of motors and controllers for electric vehicles (EVs), has raised $3 million in a Pre-Series A funding round led by Rainmatter by Zerodha. The Gurugram-based company plans to scale its technology and manufacturing...

December 26, 2025

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POWERCON Bags O&M Contract from REMC for 26 MW Wind Project

Renewable energy asset management company POWERCON has won a contract from REMC to provide comprehensive operation and maintenance (O&M) services for a 26 MW wind power project at Dangri in Jaisalmer, Rajasthan, for 10 years. The work also...

December 26, 2025

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Exide Increases Investment in its Battery Manufacturing Arm by ₹1.8 Billion

Exide Industries has invested ₹1.8 billion (~$20.04 million) in its battery manufacturing arm, Exide Energy Solutions (EESL), by subscribing to the subsidiary’s equity capital via a rights issue. With the latest investment, the total...

December 26, 2025

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Daily News Wrap-Up: Power Ministry Sets 20% Local Content for BESS VGF

The Ministry of Power directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system projects being implemented under the viability gap funding (VGF) program, supported through the...

December 26, 2025

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