Mercom Research Focus
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BEE’S New Building Code Could Boost Solar Adoption in Commercial Buildings

A new building code rolled out by the Bureau of Energy Efficiency (BEE) to improve energy efficiency in commercial buildings and office spaces could drive renewable energy adoption, provided states incorporate it into local buildi...

January 29, 2026

AT&C

Power Sector Reforms Help DISCOMs Post Profits in FY 2025 for First Time

India’s rated power distribution utilities reported a consolidated profit after tax (PAT) of ₹27.01 billion (~$294.7 million) in FY25, marking a sharp turnaround from a loss of ₹270.22 billion (~$2.95 billion) recorded in FY24, ac...

January 27, 2026

Mercom Research Focus

Corporate Solar Funding Down 16% YoY in 2025; Deal Count Rises, M&A Robust

The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024, according to Mercom Capital Group’s newly released 2025 Annual an...

January 22, 2026

Mercom Research Focus

Solar Tender and Auction Activity Slumps in 2025

In 2025, tender announcements for utility-scale solar projects declined to nearly 44 GW, down 45% from 2024, according to Mercom India Research. During the year, around 20 GW of projects were auctioned, a 57% decline compared to 2...

January 23, 2026

Latest News

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Borosil Renewables Posts Profit of ₹1 Billion in Q3 FY 2026 After Prior-Year Loss

Mumbai-based solar glass manufacturer Borosil Renewables reported a revenue of ₹3.9 billion (~$42.45 million) for the third quarter (Q3) of the financial year (FY) 2026, compared to .61 billion (~$39.31 million), a year-over-year (YoY) growth of 8%....

January 29, 2026

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Daily News Wrap-Up: Telangana Amends Open Access Regulations

The Telangana Electricity Regulatory Commission (TGERC) amended the Terms and Conditions of Open Access Regulation, 2024, to clarify the regulatory treatment of energy injected prior to the execution of wheeling agreements and enable renewable...

January 29, 2026

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Solar Tracker Company Nextpower’s Revenue Rose 34% YoY in Q3 FY 2026

U.S.-based solar tracker firm Nextpower reported revenue of $909 million for the third quarter (Q3) of the financial year (FY) 2026, a 34% year-over-year (YoY) increase from $679 million. The revenue exceeded analysts’ expectations by $93.49...

January 29, 2026

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NTPC, NLC India, Adani Green Commission 321.6 MW Solar Projects

NTPC Green Energy, NLC India, and Adani Green Energy have cumulatively commissioned 321.6 MW of solar projects in Gujarat and Rajasthan. NTPC Green Energy NTPC Green Energy has commissioned 130.47 MW out of the 1,255 MW Khavda-I Solar project in...

January 28, 2026

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Madhya Pradesh Invites Bids for 1.5 GWh Standalone BESS Projects

Madhya Pradesh Power Management Company (MPPMCL) has invited bids to set up 750 MW/1.5 GWh (two units of 250 MW/500 MWh and two units of 125 MW/250 MWh) of standalone battery energy storage systems (BESS) under a build, own, and operate model. The...

January 28, 2026

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Suzlon Bags 248.85 MW Wind Turbine Order from ArcelorMittal

Wind turbine manufacturer Suzlon Group has secured a 248.85 MW wind turbine generator order from Luxembourg-based steel and mining company ArcelorMittal Group through its Indian renewable energy entity, to decarbonize steel production. The order is...

January 28, 2026

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US Slaps Countervailable Duties on Select Chinese Solar Cell Companies

The U.S. Department of Commerce has imposed countervailable duties on select crystalline silicon cells, whether or not assembled into modules, imported from China during the review period between January 1, 2022, and December 31, 2022. The...

January 28, 2026

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Telangana Regulator Amends Open Access Rules to Clarify REC Eligibility

The Telangana Electricity Regulatory Commission (TGERC) has amended the Terms and Conditions of Open Access Regulation, 2024, to clarify the regulatory treatment of energy injected prior to the execution of wheeling agreements and enable renewable...

January 28, 2026

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REIL Floats Tender for 17.5 MW Rooftop Solar Projects Across India

Rajasthan Electronics and Instruments (REIL) has invited bids for the installation of grid-connected rooftop solar systems with a cumulative capacity of 17.5 MW on government buildings across different states and union territories under the...

January 28, 2026

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