Archive

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Daily News Wrap-Up: Power Ministry Sets 20% Local Content for BESS VGF

The Ministry of Power directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system projects being...

December 26, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Top Policies that Shaped the Indian BESS Market in 2025

Battery energy storage system (BESS) adoption is gaining momentum in India as renewable energy deployments accelerate. Storage is increasingly being viewed as a critical...

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How Banks and NBFCs Are Reshaping Solar Financing for Homes, MSMEs, and Industry

India’s clean energy transition is gaining momentum, driven by growing policy support and rising pressure on commercial and industrial (C&I) consumers to reduce...

December 26, 2025

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Parth Shukla

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C&I

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Solar
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India’s Top Battery Energy Storage Tenders in 2025 [Infographics]

India’s accelerating shift toward renewable energy is the central reason battery energy storage systems (BESS) are growing rapidly. As solar and wind take up a larger...

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India Reclaims Third Position Behind China, US in Global Wind Installations

India has reclaimed the third position behind China and the U.S. in the global wind market in 2025 after record additions, according to BloombergNEF. The country is...

December 26, 2025

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Arjun Joshi

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Markets & Policy

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Wind
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GRIDCO Floats Tender for 225 MW Floating Solar Project in Odisha

Grid Corporation of Odisha (GRIDCO) has invited bids for the development of a 225 MW floating solar power project at the Upper Indravati Reservoir, part of the Upper...

December 24, 2025

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Meghana Prasad

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Floating Solar

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Solar

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Tenders & Auctions
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Korea Zinc to Build $6.6 Billion Critical Minerals Smelter in Tennessee

Korea Zinc has entered into a partnership with the U.S. Department of War and the U.S. Department of Commerce to develop a large-scale critical minerals smelter in...

December 24, 2025

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Meghana Prasad

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Other

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Renewable Energy
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SJVN Green Energy Commissions 1 GW Bikaner Solar Project

SJVN Green Energy has commissioned the full capacity of the 1,000 MW Bikaner Solar Power Project. The project is being developed at a cost of ₹54.92 billion (~$612...

December 24, 2025

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Arjun Joshi

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Solar

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Utility Scale
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Central Electronics Tenders 4 MW Solar Projects for IIT Kharagpur

Central Electronics (CEL) has issued a tender to set up 4.125 MW grid-connected solar projects at IIT Kharagpur in West Bengal. The installations will comprise 2,900 kW...

December 24, 2025

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Parth Shukla

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Solar

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Tenders & Auctions
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Power Ministry Mandates 20% Local Content Requirement for VGF BESS Projects

The Ministry of Power (MoP) has directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system...

December 24, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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GRIDCO Issues Reservoir Area Allocation Tender for Floating Solar Projects

Grid Corporation of Odisha (GRIDCO) has invited bids to allocate water-surface areas at the Rengali Reservoir in Odisha for setting up floating solar projects for...

December 24, 2025

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Meghana Prasad

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Floating Solar

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Solar

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Tenders & Auctions
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The Biggest Challenges India’s Renewable Energy Sector Faced in 2025

India made significant strides in strengthening its domestic upstream renewable energy supply chain and added substantial solar generation capacity in 2025. However, the...

December 24, 2025

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Melvin Mathew

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Energy Storage

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Grid

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Renewable Energy

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Solar

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Wind
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Vikran Engineering Bags EPC Contract for 600 MW Solar Projects in Maharashtra

Maharashtra-based Vikran Engineering has received a work order from Onix Renewable valued at ₹20.35 billion (~$226.66 million) for the engineering, procurement, and...

December 24, 2025

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Key Events that Impacted India’s Solar Sector in 2025

India added 26.6 GW of solar capacity in the first nine months of the calendar year 2025, an increase of 53.7% year-over-year from 17.3 GW, according to the Q3 2025...

December 24, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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India’s Top Five Solar Energy Funding Deals in 2025 [Infographics]

Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal,...

December 24, 2025

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Meghana Prasad

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Finance and M&A

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Mercom Research Focus

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Solar

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