Mercom Research Focus
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When Does It Pay to Give Up PM Surya Ghar Subsidy?

The Ministry of New and Renewable Energy’s (MNRE) option that allows residential consumers to voluntarily forgo subsidies under the PM Surya Ghar: Muft Bijli Yojana could create a separate market opportunity for larger rooftop sol...

June 24, 2026

Mercom Research Focus

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

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

Modules

India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

As India expands its solar manufacturing and deployment capabilities, attention is increasingly shifting toward establishing a fully self-reliant domestic supply chain encompassing bill of materials (BoM) and balance-of-system (Bo...

June 24, 2026

Grid

How Transmission Expansion Can Flip India’s Clean Energy Story

India’s renewable energy buildout is entering a phase where transmission readiness is becoming as critical as generation capacity. As solar, wind, hybrid, and storage projects scale across resource-rich states, the ability to shif...

June 23, 2026

Latest News

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Yash Highvoltage to Raise ₹1.51 Billion Via Preferential Issue

Yash Highvoltage, a manufacturer of transformer bushings for the power generation, transmission, and distribution sectors, has approved a preferential issue of equity shares and convertible warrants worth approximately ₹1.51 billion (~$16 million)....

June 24, 2026

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India’s IIP Revamp Reflects Mainstreaming of Renewable Energy

For the first time, the government has begun tracking electricity generation from renewable sources by including it in the Index of Industrial Production (IIP), a key macroeconomic metric used by policymakers while framing industrial policies. The...

June 24, 2026

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Mercom India Awards: Charting the Future of Clean Energy and Innovation

The winners of the sixth Mercom India Awards 2026 will be announced during the Mercom India Renewables Summit 2026, and the awards will be presented by Union Minister for New and Renewable Energy Pralhad Joshi. For over a decade, Mercom India has...

June 24, 2026

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WTO Dispute Panel to Review India’s Tariffs on Solar Cell, Module Imports

The World Trade Organization (WTO) has agreed to establish a panel to review India’s import tariffs for solar cells and modules, which China says discriminate against its solar products. China said that its concerns over India’s measures...

June 24, 2026

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Daily News Wrap-Up: MNRE Clears Solar Projects Awaiting ALMM-II Relief

The Ministry of New and Renewable Energy (MNRE) allowed provisional commissioning of utility, captive, and commercial and industrial solar power projects installed before June 1, 2026, but not commissioned before that date, due to reasons beyond...

June 24, 2026

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Project Finance Brief: Permanent Power Company Secures $600 Million

From: Mercom Capital Group 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...

June 24, 2026

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Funding and M&A Roundup: Origis Energy Secures $900 Million Credit Facility

From: Mercom Capital Group 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...

June 24, 2026

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MNRE Issues SOP to Address Vendor Violations Under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has issued a standard operating procedure to address consumer complaints and violations by registered vendors under the PM Surya Ghar: Muft Bijli Yojana. The program is being implemented nationwide...

June 24, 2026

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