Mercom Research Focus
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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

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

India Records Highest-Ever Wind Capacity Additions at 6.3 GW in 2025

India added 6.3 GW of wind power capacity in 2025, an 85.2% YoY increase from 3.4 GW in 2024, according to Mercom India Research. The additions marked the highest annual wind installations recorded in the country. India’s wind pow...

January 22, 2026

C&I

What SMEs Should Know Before Applying for Solar Financing in India

Clean energy sources, including solar, can deliver long-term cost savings and improve resilience against power supply volatility. As India accelerates its renewable energy transition, financing for clean energy adoption is becomin...

January 27, 2026

Latest News

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OERC Issues Draft Rules on Grid Support Charges for Captive Generators

The Odisha Electricity Regulatory Commission (OERC) has published the draft ‘Grid Support Charges for Captive Generating Projects Regulations, 2026,’ proposing a structured framework for levying grid support charges (GSCs) on captive generating...

January 27, 2026

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Military Engineer Services Floats O&M Tender for 1 MW Solar Project

Military Engineer Services (MES) has invited bids for the comprehensive maintenance of a 1 MW solar power project at Air Force Station in Gwalior. The last date to submit the bids is February 13, 2026. Bids will be opened on February 20. Bidders...

January 27, 2026

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BHEL Tenders 1.3 MW of Solar Projects in Uttar Pradesh

Bharat Heavy Electricals (BHEL) has issued a tender to set up 1,300 kW of solar projects in Jhansi and Varanasi, Uttar Pradesh. The total capacity comprises 800 kW at the BHEL Transformer Plant in Jhansi and 500 kW at the BHEL Heavy Equipment Repair...

January 27, 2026

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Waaree Acquires 55% in Power Transmission Firm APSL

Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, has announced the acquisition of approximately 55% of equity stake in power transmission and distribution company Associated Power...

January 27, 2026

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Daily News Wrap-Up: Solar Tenders, Auctions Down 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 2024. Solar tender...

January 27, 2026

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Premier Energies’ Revenue Surges 13%, Profit Up 53.4% in Q3 FY 2026

Solar module and cell manufacturer Premier Energies has reported a revenue of ₹19.36 billion (~$211.4 million) in the third quarter (Q3) of the financial year (FY) 2026, a 13% year-over-year (YoY) increase from ₹17.13 billion (~$187.1 million)....

January 27, 2026

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IndiGrid Raises ₹15 Billion in Funding Through Institutional Placement

Power transmission and renewable energy company IndiGrid has raised ₹15 billion (~$163.15 million) in funding through an institutional placement, bringing the total funds raised in the financial year 2026 to ₹19.38 billion (~$210.8 million)....

January 23, 2026

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SAEL Commissions 800 MW of Solar Projects at Khavda in Gujarat

New Delhi-based solar and waste-to-energy company SAEL Industries has commissioned 800 MW of solar projects at the Khavda Renewable Energy Park in Gujarat. The company commissioned projects of 400 MWp and 500 MWp capacities through its subsidiaries,...

January 23, 2026

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NTPC Invites Bids for 1 GWh Compressed Air Long-duration Energy Storage Projects

NTPC has invited expressions of interest (EoI) to develop a pilot or utility-scale project for a compressed air-based, including liquified air-based, long-duration energy storage system (LDES) with a storage capacity of up to 1,000 MWh. The last...

January 23, 2026

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