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MNRE Proposes ALMM for Wafers, Ingots in Solar Backward Integration Push

Accelerating its push for creating domestic manufacturing capacities across the solar value chain, the government has proposed mandating the use of India-made wafers under the Approved List of Models and Manufacturers (ALMM) start...

September 15, 2025

Mercom Research Focus

New GST Rates on Renewable Energy Goods Likely to Reduce Costs and Tariffs

The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while enhancing project viability for developers. Besides solar cells, win...

September 12, 2025

Mercom Research Focus

India Added 3.8 GW of Solar Open Access Capacity in 1H 2025

India added nearly 3.8 GW of solar open access capacity in the first half (1H) of 2025, an over 4% decrease from 3.9 GW installed in the same period of 2024, according to Mercom India’s Q2 2025 Solar Open Access Market Repor...

September 9, 2025

Mercom Research Focus

Large-Scale Solar System Costs Across Module Technologies Drop in Q2 2025

The average system cost of large-scale solar projects fell again in the second quarter of 2025, continuing the steady downward trend. Indian TOPCon-based projects remain the most expensive, while Chinese mono PERC projects continu...

September 9, 2025

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Serentica to Acquire Statkraft’s Indian Solar Business

Independent power producer Serentica Renewables has signed binding agreements to acquire Statkraft’s 445 MW operational solar project at Bikaner, along with 1 GW of solar projects under development across Rajasthan. Projects in the portfolio have...

September 15, 2025

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Shifting Guidelines Disrupt Technology Choices and Investments in Clean Energy

Distributed and utility-scale renewable energy markets are reshaping product strategies and investment decisions in India, with technology choices and policy stability emerging as decisive factors. There has been a growing demand for microinverters...

September 15, 2025

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Daily News Wrap-Up: GST Reduction May Reduce Project Costs and Tariffs

The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while enhancing project viability for developers. Besides solar cells, windmills, and...

September 15, 2025

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US Solar Installations Fall 28% in Q2 2025 Amid Challenges from Policy Shifts

The U.S. solar industry installed 7.5 GW of capacity in the second quarter (Q2) of 2025, a 24% year-over-year (YoY) and a 28% quarter-over-quarter (QoQ) decline, according to Wood Mackenzie’s and Solar Energy Industries Association‘s US Solar...

September 15, 2025

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Transmission System Delay Stalls Evacuation of 8.1 GW Renewables in Rajasthan

A delay of over 18 months in commissioning a transmission system strengthening program has created bottlenecks for evacuating 8.1 GW of power from a renewable energy zone (REZ) in solar-rich Rajasthan. The Phase II (Parts E, G, and G1) transmission...

September 15, 2025

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Sterling and Wilson Secures Letter of Intent for BoS of 300 MW Solar Project

Sterling and Wilson Renewable Energy (SWREL) has received a letter of intent (LOI) from a private independent power producer for the engineering, procurement, and construction (EPC) of the balance of system (BoS) package for a 300 MW solar project...

September 12, 2025

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MERC Approves DISCOM’s Power Sale Agreement for 300 MW Hybrid Power

The Maharashtra Electricity Regulatory Commission (MERC) has approved the power sale agreement (PSA) between Maharashtra State Electricity Distribution Company (MSEDCL) and NTPC for 300 MW of wind-solar hybrid power at a tariff of ₹3.36/kWh (~$0....

September 12, 2025

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Tamil Nadu Electricity Regulator Allows Land Lease for BESS Projects at ₹1

The Tamil Nadu Electricity Regulatory Commission (TNERC) has permitted the Tamil Nadu Transmission Corporation (TANTRANSCO) to lease portions of its substation land to private developers to install battery energy storage systems (BESS) at a nominal...

September 12, 2025

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JBM ECOLIFE Secures $100 Million Investment from IFC to Deploy 1,455 e-Buses

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a $100 million long-term capital investment from International Financial Corporation (IFC) to deploy 1,455 air-conditioned electric buses (e-bus) across cities in...

September 12, 2025

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