Mercom Research Focus
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India’s Solar Cell Manufacturing Capacity Nears 50 GW

India’s operational solar cell manufacturing capacity has approached the 50 GW  milestone, according to Mercom India’s PV Manufacturing Tracker. However, the nearly 50 GW manufacturing capacity does include a stabilization p...

October 13, 2026

Featured

Data Centers Bet Big on RTC Renewables, Transmission Systems Remain Key

The rapid rise of artificial intelligence (AI) and India’s growing data center pipeline are driving substantial new electricity demand, making renewable energy with storage essential to power this sector. According to government d...

October 12, 2026

Solar

India’s Solar Cell Growth to Boost Metallization Paste Demand: Interview

India’s expanding solar cell manufacturing capacity and the rising preference for n-type TOPCon cells are creating significant opportunities for metallization paste and, particularly, technologies that can reduce both silver consu...

October 12, 2026

Mercom Research Focus

Impact of New Right-of-Way Compensation Rules on Transmission Buildout Challenges

Right-of-way (RoW) disputes have been a major bottleneck to faster buildout of power transmission infrastructure, as renewable energy capacity is added at a rapid pace. India faces significant execution issues in transmission infr...

October 12, 2026

Latest News

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Australian Researchers Claim Record Perovskite Submodule Efficiency

Researchers from Australia’s UNSW Sydney collaborated with UtmoLight to achieve a world-record certified stabilized power conversion efficiency of 23.5% for a large-area perovskite solar submodule. The 30 × 30 cm submodule, with an aperture area of...

October 13, 2026

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West Bengal Utility Floats Tender for Solar Project with Battery Storage

The West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the design, engineering, construction, testing, and commissioning of a solar power project integrated with a battery energy storage system (BESS) at Jungle Sundari,...

October 13, 2026

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Zelestra Secures $350 Million Financing for Indiana Solar Project

Renewable energy developer Zelestra has secured $350 million in green financing for its 203 MW Reclamation Solar project in Gibson County, Indiana. Canadian Imperial Bank of Commerce (CIBC), BBVA, and Societe Generale provided the financing. The...

October 13, 2026

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Trontek Targets 12 GWh Battery Storage Manufacturing Capacity by 2028

Battery and energy technology company Trontek Electronics has announced plans to expand into battery energy storage systems (BESS) and is targeting 12 GWh of annual manufacturing capacity by 2028. The company has introduced a domestically...

October 12, 2026

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Utex to Set Up 20 GWh Battery Storage Assembly Facility in Maharashtra

Utex New Energy, a Pagariya Group company, has signed an agreement with its parent company to establish a 20 GWh battery energy storage system assembly plant in Nagpur, Maharashtra, with ENcore Systems as the technology partner. The project will be...

October 12, 2026

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MP Regulator Adopts Tariffs for 800 MW Wind Projects with Greenshoe Option

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has adopted tariffs ranging from ₹3.98 (~$0.041)/kWh to ₹4.17 (~$0.043)/kWh for the procurement of grid-connected power from 800 MW wind projects. The Commission also adopted a tariff of...

October 12, 2026

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Chemplast Eyes Lower Energy Costs with Solar Power from 37.5 MW Project

Specialty chemicals manufacturer Chemplast Sanmar will source solar power from Yesaryes Energy’s 37.5 MW project in Tamil Nadu under a group captive arrangement to reduce its energy costs. The company plans to acquire a 27% equity stake in Yesaryes...

October 12, 2026

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Madhya Pradesh Regulator Adopts Tariff for 250 MWh Battery Storage Project

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has adopted a tariff of ₹192,000 (~$1,989)/MW per month for a 125 MW/250 MWh standalone battery energy storage system (BESS) in the state. MPERC directed Madhya Pradesh Power Management...

October 12, 2026

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Oswal Pumps to Set Up 1.2 GW Solar Cell Facility

Oswal Pumps, a manufacturer of solar pumping systems, modules, and electric motors, said it will establish a 1.2 GW solar cell manufacturing facility based on TOPCon technology with an estimated investment of ₹4.56 billion (~$47.6 million). The...

October 12, 2026

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