Mercom Research Focus
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India Must Double Annual Wind Additions to Meet 100 GW by 2030 Target

India may struggle to meet its 100 GW wind energy target for 2030, with current installed capacity and a modest pipeline falling short of the required pace. According to Mercom India Renewable Energy Project Tracker, the country h...

June 22, 2026

Mercom Research Focus

Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial and policy-related challenges. While residential demand remains supported by the PM Surya Ghar: Muft Bijli Yojana, adoption across commercial ...

June 19, 2026

Other

Scaling India’s Solar Cell Manufacturing Ecosystem for Global Markets

India’s solar manufacturing sector is entering a critical phase as the country seeks to strengthen domestic supply chains, reduce import dependence, and support its rapidly expanding solar deployment targets. India added nea...

June 19, 2026

Energy Storage

Battery Storage Shifts from Backup Power to Strategic Energy Asset in India: Interview

India’s energy transition is rapidly reshaping the role of battery storage, with businesses across sectors and renewable energy developers increasingly looking beyond conventional backup solutions. As renewable energy capacity exp...

June 19, 2026

Latest News

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Fertilizers and Chemicals Travancore Tenders 6 MW Floating Solar Project

The Fertilizers and Chemicals Travancore (FACT) has invited bids to set up a 6 MW grid-connected floating solar project at Ambalamedu Lake in the Kochi district, Kerala. The project will be developed under a build-own-operate-and-transfer model. The...

June 22, 2026

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Origis Energy Secures $900 Million Corporate Credit Facility

Origis Energy, a U.S.-based renewable energy project developer, has closed a $900 million corporate credit facility comprising $650 million in funded credit facilities and a $250 million letter-of-credit facility. First Citizens Bank, ING Capital,...

June 22, 2026

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Permanent Power Company Secures $600 Million for Solar and Storage Project

Permanent Power Company, an energy holding platform operating and developing solar and storage projects, has secured approximately $600 million in construction financing for its Grape solar and battery energy storage project in California. Permanent...

June 22, 2026

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NTPC REL Seeks ₹60 Billion Term Loan to Fund Clean Energy Portfolio

NTPC Renewable Energy (NTPC REL) has invited bids from lenders and financial institutions for a rupee term loan of up to ₹60 billion (~$636 million) to support its renewable energy expansion. The last date to submit bids is June 25, 2026. Bids will...

June 22, 2026

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Mizoram Invites Bids for 1.5 MW Solar Project With Battery Storage

The Power and Electricity Department, Mizoram, has invited bids for the engineering, procurement, and construction (EPC) of a 1.5 MW grid-connected solar power project with 900 kW of battery storage at Zoram Medical College and Hospital in Falkawn....

June 22, 2026

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Waste Management Firm Eyes Big Savings on Power Bills with Rooftop Solar

Waste management companies play a critical role in advancing sustainability through waste segregation and processing. By powering their operations with solar energy, they can further strengthen sustainability across the value chain by reducing their...

June 22, 2026

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Gujarat Proposes Changes to Green Energy Open Access Banking Charge Rules

The Gujarat Electricity Regulatory Commission (GERC) has issued draft amendments to the GERC (Terms and Conditions for Green Energy Open Access) (Sixth Amendment) Regulations, 2026, proposing changes in rules for banking charges and their...

June 22, 2026

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MENA Weekly Round-Up: Türkiye Secures $468 Million for Renewables Development

Türkiye secured €400 million ($468.4 million) in World Bank-backed financing to accelerate investments in wind, solar, and battery storage. The funding is expected to help deliver 1,579 MW of renewable energy capacity, support 392 MWh of battery...

June 22, 2026

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CERC Adopts Tariff for SJVN’s 1.5 GW Peak Power Tender

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹6.74 (~$0.078)/kWh for 1,500 MW of assured peak power capacity to be procured by SJVN from interstate transmission system (ISTS)-connected renewable energy projects...

June 22, 2026

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Rajasthan Tenders Battery Storage System Tied to 680 MW Solar Project

The Rajasthan Solar Park Development Company (RSDCL), a subsidiary of Rajasthan Renewable Energy Corporation (RREC), has invited bids to set up a battery energy storage system at the 680 MW Bhadla Solar Park in Rajasthan to utilize underutilized...

June 22, 2026

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