Mercom Research Focus
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Solar’s Share in India’s Renewable Capacity Rises to 58% at the end of Q3 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW, representing 31.1% of the country’s total power capacity and 57.7% of it...

October 28, 2026

Grid

Violence, Line Alignment Disputes Derail India’s Transmission Projects

Beyond compensation and right-of-way (RoW) disputes, power transmission developers are grappling with incidents of violence, vandalism, and intimidation that have forced construction work to halt, disrupted tower erection and line...

October 27, 2026

Featured

DCR Module Premium Raises Rooftop Solar Affordability Concerns

The widening price gap between domestic content requirement (DCR) and non-DCR solar modules is raising rooftop solar installation costs, lengthening consumer payback periods, and raising concerns about project viability. Industry ...

October 26, 2026

Manufacturing

Saatvik Looks Beyond Solar to Inverters, Batteries, BESS, and Transformers: Interview

India’s solar manufacturing industry faces uncertainty over domestic sourcing requirements, growing pressure from U.S. trade restrictions, and competition from Chinese manufacturers. As the country moves toward greater domes...

October 28, 2026

Latest News

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Funding and M&A Roundup: Pivot Energy Secures $500 Million Credit Facility

From: Mercom Capital Group Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit facility from Nuveen Energy Infrastructure Capital. The three-year bilateral...

October 28, 2026

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Project Finance Brief: Akaysha Energy Secures $1.2 Billion

From: Mercom Capital Group Australian battery energy storage developer Akaysha Energy has refinanced its existing project-level debt through an A$1.75 billion (~$1.2 billion) portfolio-level financing facility to support its battery storage...

October 28, 2026

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CERC Adopts Tariffs for 448 MW of FDRE Procurement

The Central Electricity Regulatory Commission (CERC) has approved the tariff for SJVN’s procurement of 448 MW of firm and dispatchable energy (FDRE) on a round-the-clock basis from interstate transmission-connected renewable energy projects. The...

October 27, 2026

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TARIL to Invest ₹12.5 Billion to Manufacture Transformer Components

Power equipment manufacturer Transformers and Rectifiers (TARIL) has announced an investment of ₹12.5 billion (~$131.45 million) to develop three greenfield projects to manufacture transformer components at its Chiyada complex in Gujarat. The...

October 27, 2026

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APTEL Remands Solar Developer’s Claim for Higher Tariff to Karnataka Regulator

The Appellate Tribunal for Electricity (APTEL) has remanded the claim for a higher tariff for a developer’s 2 MW solar project in Karnataka to the Karnataka Electricity Regulatory Commission (KERC) for fresh determination. The Tribunal directed KERC...

October 27, 2026

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REC’s Q2 Net Profit Falls 21% Despite Expanding Loan Portfolio

Public infrastructure finance company REC reported a revenue from operations of ₹150 billion (~$1.58 billion), down 1% year-over-year (YoY) from ₹151.53 billion (~$1.59 billion). The company’s net profit declined 21.2% YoY to ₹34.78 billion...

October 27, 2026

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CERC Waives Transmission Charges for 175 MW Hybrid Project in Gujarat

The Central Electricity Regulatory Commission (CERC) has allowed an extension of the scheduled commercial operation date (SCOD) for a 250 MW wind-solar hybrid project in Gujarat until June 30, 2026, enabling the developer to claim a 100% waiver of...

October 27, 2026

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RUMSL Invites Bids for Transmission Works at Morena Solar Park

Rewa Ultra Mega Solar  (RUMSL) has invited bids to construct power evacuation infrastructure for the 600 MW Morena Solar Park in Madhya Pradesh. The project involves the construction of two 33/220 kV pooling substations and a 220 kV double-circuit...

October 27, 2026

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