Mercom Research Focus
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India’s Rooftop Solar Installations Surge by 125% YoY in Q1 2026

India added 2.7 GW of rooftop solar capacity in the first quarter (Q1) of 2026, a year-over-year (YoY) growth of 125.4% from 1.2 GW and a 25.4% quarter-over-quarter (QoQ) jump from 2.2 GW, according to Mercom India Research’s newl...

May 28, 2026

Mercom Research Focus

New Energy Banking Rules May Hit Maharashtra’s Solar Open Access Project Economics

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial (C&I) solar in the Maharashtra State Electricity Distribution Company (MSEDCL) territory. With banking restricted to the sam...

May 27, 2026

C&I

India’s Solar Growth Shifts Focus to Storage, Land Readiness, and Grid Connectivity

India’s solar market is gradually transitioning from a phase primarily driven by capacity additions to one increasingly centered on execution readiness and system integration. Demand continues to rise across rooftop, commercial an...

May 27, 2026

Markets & Policy

MNRE Proposes Relief Package for 45 GW of Renewable Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) has prepared a draft one-time relief package for renewable energy projects that have received Letters of Award (LOAs) but have yet to sign power purchase agreements (PPAs). The packa...

May 26, 2026

Latest News

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Meghalaya Proposes New Rules for Renewable Power Sale and Open Access

The Meghalaya State Electricity Regulatory Commission (MSERC) has introduced new provisions on the sale of power, open access, obligations and duties of renewable energy-based generating stations, and tariff structure for renewable energy...

May 28, 2026

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Greenvolt Raises $81 Million Through Additional Green Bond Issue

Greenvolt Group, a renewable energy project developer, has completed an additional €70 million (~$81.4 million) issuance of its Green Bonds 2029, increasing the total size of the issue to €170 million (~$197.9 million). The company placed the...

May 28, 2026

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India Blocks China’s WTO Move Over Solar Incentives, Import Tariffs

India recently rejected a request from China to set up a dispute panel at the World Trade Organization (WTO) to investigate India’s tariffs on imported high-tech goods and incentives for solar energy products. China wanted a dispute panel to...

May 28, 2026

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Evolve Green Secures ₹1 Billion Debt from Aseem Infra for Solar Expansion

Solar solutions company Evolve Green Energies has secured a debt capital commitment of ₹1.05 billion (~$11 million) from Aseem Infrastructure Finance to fund the development of its 30 MW rooftop and group captive solar portfolio across India. Evolve...

May 28, 2026

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Germany Floats Tender for 2.13 GW Solar Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 2,134.57 MW of ground-mounted solar projects. The last date to submit bids is July 1, 2026. The ceiling tariff for the auction has been set at €0.059 (~$0.069)/kWh. The...

May 28, 2026

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JSW Energy Raises ₹40 Billion Through Qualified Institutional Placement

Independent power producer JSW Energy has raised ₹39.99 billion (~$417 million) through a qualified institutional placement (QIP) of equity shares. The transaction marked JSW’s second equity raise since its bourse listing in 2010. JSW Energy...

May 28, 2026

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US Commissioned Over 70 New Clean Energy Manufacturing Facilities in 2025: Report

The U.S. brought online over 70 new domestic clean energy component manufacturing facilities in 2025, according to a report by the American Clean Power. Source: American Clean Power Of these, over 55 manufacture primary supply chain components for...

May 28, 2026

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TNERC Clears Subsidy for Tamil Nadu’s Free Power Program

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a provisional additional tariff subsidy of ₹15.45 billion (~$161.3 million) for FY 2026-27 to compensate Tamil Nadu Power Distribution Corporation (TNPDCL) for revenue loss from...

May 28, 2026

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Daily News Wrap-Up: New Banking Rules May Hit Maharashtra’s Open Access Solar

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial solar in the Maharashtra State Electricity Distribution Company territory. With banking restricted to the same Time of Day slot, the Internal Rate...

May 28, 2026

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