Mercom Research Focus
thumbnail
India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India Solar Open Access Market Report. India’s cumulative installed ...

February 19, 2026

Mercom Research Focus

Data Shows Policy Clarity Plays Critical Role in Industrial Power Demand Expansion

India’s top states fostering open access power have emerged as the core engines of industrial electricity demand growth, driven by manufacturing clusters, rising captive generation, and accelerating adoption of renewable energy. D...

February 19, 2026

Mercom Research Focus

Developers Seek ALMM List-II Extension, Solar Manufacturers Push Back

With the June 1, 2026, deadline for mandatory sourcing of solar cells from the Approved List of Models and Manufacturers (ALMM) List-II fast approaching, solar developers are urging the Ministry of New & Renewable Energy (MNRE...

February 17, 2026

Sponsored News

Strong Domestic Policy Support, Scale May Moderate India Battery Storage Prices: Interview

Backed by a robust viability gap funding (VGF) program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems (BESS). Under the new roadmap for renewables, the focus is not...

February 20, 2026

Latest News

thumbnail
MENA Weekly Roundup: Türkiye, ACWA to Sign 3 GW Deal at COP31

Türkiye and Saudi Arabia’s ACWA Power will sign the second phase of the 5 GW renewable energy corporation deal at the UN climate summit COP31 to be held in Antalya, Türkiye, later in 2026. The planned agreement will cover the remaining 3 GW capacity...

February 23, 2026

thumbnail
Daily New Wrap-Up: Indian Policies Will Moderate Battery Storage Prices

Backed by a robust viability gap funding program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems (BESS). Under the new roadmap for renewables, the focus is not only on meeting targets...

February 23, 2026

thumbnail
Battery Storage Costs Dropped to Record Low in 2025: BNEF

The cost of battery storage projects reached all-time new lows in 2025, even as the cost of other renewables saw an increase, according to BloombergNEF’s (BNEF) Levelized Cost of Electricity (LCOE) 2026 report. The report highlighted that the...

February 23, 2026

thumbnail
Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The funding round was led by Version One Ventures, with participation from gradCapital...

February 20, 2026

thumbnail
Statiq Raises $18 Million to Expand EV Charging Network

Gurugram-based electric vehicle (EV) charging network operator Statiq has raised about ₹18 million through a mix of debt and equity. The funding round was led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures, and RCD...

February 20, 2026

thumbnail
NTPC Renewable Energy Commissions 165 MW at Khavda-II Solar Project

NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy (NGEL), has commissioned 165 MW capacity at the 1,200 MW Khavda-II Solar Project in Gujarat. Recently, the company announced that the first 210 MW of the 1.2 GW Khavda-II Solar...

February 20, 2026

thumbnail
NIT Calicut to Save on Energy Bills with 1.2 MW Rooftop Solar Project

Educational institutions are among the many organizations increasingly adopting solar energy to meet their electricity demands, reduce electricity bills, and leave a greener energy footprint. The National Institute of Technology (NIT) Calicut in...

February 20, 2026

thumbnail
Vedanta Invites Bids for 25-40 MW Solar Projects at Thermal Plant in Chhattisgarh

Independent power producer Vedanta Power has invited expressions of interest from Indian and global engineering, procurement, and construction (EPC) contractors and renewable energy solutions providers to set up 25-40 MW solar projects at its 1,200...

February 20, 2026

thumbnail
Supreme Court Raps Tamil Nadu Over Subsidized Electricity Promise

The Supreme Court has issued notices on a writ petition filed by the Tamil Nadu Power Distribution Corporation (TNPDCL) challenging Rule 23 of the Electricity (Amendment) Rules, 2024, which provides for cost-reflective electricity tariffs. Hearing...

February 20, 2026

thumbnail
Goa Electricity Department Invites Bids for 5.1 MW Solar Project

The Electricity Department of Goa has invited bids for setting up a 5 MW ground-mounted solar power project and a 100 kW rooftop solar system at Goa Engineering College in Ponda. Bids must be submitted by March 10, 2026. Bids will be opened on March...

February 20, 2026

MORE NEWS