Mercom Research Focus
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India’s Q3 2026 Renewable Policies Prioritize Grid Stability, Project Execution

India’s renewable energy policies increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during the third quarter (Q3) of 2026, according to Mercom India&#...

October 29, 2026

Featured

What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers, potentially affecting project returns, financing decisions, and capa...

October 28, 2026

Grid

Haryana Regulator Scraps Power Distribution License Granted to Private Entity

The Haryana Electricity Regulatory Commission (HERC) has decided not to implement the parallel electricity distribution license granted to a private entity for the Gurugram and Nuh revenue districts, following directions from the ...

October 29, 2026

Sponsored News

LEAPTING Crosses 10 GW Milestone in India as Solar Cleaning Robot Demand Grows

Solar cleaning robot manufacturer LEAPTING has crossed the 10 GW milestone in India, supplying more than 50,000 robots to solar developers and engineering, procurement, and construction (EPC) contractors. At the recently concluded...

November 2, 2026

Latest News

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Juniper Green Energy’s Q2 Revenue More Than Doubles to ₹3.45 Billion

Independent renewable energy producer Juniper Green Energy reported a revenue from operations of ₹3.45 billion (~$36.35 million) in the second quarter (Q2) of the financial year (FY) 2027, a 136.2% year-over-year (YoY) increase from ₹1.46 billion...

November 2, 2026

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Solarworld Acquires 50% Stake in 2.4 GW Solar Cell Manufacturing JV

Solarworld Energy Solutions has acquired a 50% equity stake in Rays Green Energy Manufacturing for ₹268.2 million (~$2.83 million) in the first tranche of its equity subscription. Rays Green Energy Manufacturing is Solarworld’s joint venture (JV)...

November 2, 2026

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SJVN’s Net Profit Doubles as Revenue Surges 117% in Q2 FY 2027

Government-owned power generation company SJVN reported a consolidated revenue from operations of ₹22.44 billion (~$236.38 million) in the second quarter (Q2) of the financial year (FY) 2027, a 117.4% year-over-year (YoY) increase from ₹10.32...

November 2, 2026

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NTPC Green Energy’s Q2 Revenue Up 53% Amid Renewable Capacity Expansion

NTPC Green Energy (NGEL) reported revenue from operations of ₹9.38 billion (~$97.03 million) in the second quarter (Q2) of the financial year (FY) 2027, a 53.2% year-over-year (YoY) increase from ₹6.12 billion (~$63.33 million). The company’s...

November 2, 2026

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Karnataka Power Corporation Floats O&M Tender for Solar Project

Karnataka Power Corporation (KPCL) has invited bids to operate and maintain (O&M) a solar project at Shivanasamudram, Mandya District, for two years, extendable by one more year. The project has a capacity of 10 MW. The contractor should take...

November 2, 2026

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Daily News Wrap-Up: Solar Cell Capacity Under ALMM-II Rises to 45 GW

The Ministry of New and Renewable Energy added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, increasing the total enlisted capacity to 44.9 GW. In an interview with Mercom India,...

November 2, 2026

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First Solar Cuts 2026 Guidance as Q3 Revenue Falls 23% YoY

U.S.-based solar module manufacturer First Solar reported net sales of $1.23 billion in the third quarter (Q3) of 2026, a 22.8% year-over-year (YoY) decline from $1.59 billion. Revenue missed analysts’ expectations by $57.62 million. The...

November 2, 2026

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Waaree Begins Production at 1.6 GW Solar Module Lines in Texas

Waaree Energies’ subsidiary, Waaree Solar Americas, has commenced commercial production at two new solar module manufacturing lines with a combined annual capacity of 1.6 GW at its facility in Brookshire, Texas, U.S. Each manufacturing line will...

October 30, 2026

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Telangana Regulator Approves Procurement of 2,545 MW Solar Power

The Telangana Electricity Regulatory Commission (TGERC) has approved the procurement of 2,545 MW of solar power by the state’s distribution companies from NTPC, NHPC, and the Solar Energy Corporation of India (SECI). It approved the...

October 30, 2026

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