Author: Melvin

About Melvin

Melvin Mathew, Staff reporter at Mercom India More articles from Melvin Mathew.
Melvin Mathew Melvin Mathew is a staff reporter at Mercom India. Before joining Mercom, , he was a city-beat reporter for the Bangalore Mirror. He holds a bachelor's degree in English, Journalism, and Psychology from St Joseph’s University, Bengaluru.More articles from Melvin Mathew
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Odisha Extends State Support of Up to ₹4.95 Billion for PM Surya Ghar Program

The Odisha government has announced additional state support of up to ₹4.95 billion (~$54.445 million) to accelerate the growth of rooftop solar projects under the PM...

February 26, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Rooftop Solar Growth Accelerates in India with 7.1 GW Added in 2025, a 123% YoY Jump

India’s rooftop solar capacity grew to 7.1 GW in the calendar year (CY) 2025, an over 123% year-over-year (YoY) jump from 3.2 GW in 2024, according to Mercom India...

February 26, 2026

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Melvin Mathew

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Mercom Research Focus

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Rooftop

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Solar
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Renewable Energy Solutions Provider CleanMax’s IPO Subscribed 94%

Clean energy solutions provider Clean Max Enviro Energy Solutions’ (CleanMax) ₹31 billion (~$340.92 million) initial public offering (IPO) was subscribed 0.94 times at...

February 25, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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Wind
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Vikram Solar Secures 378 MW Module Supply Order from NTPC-Indian Oil JV

Kolkata-based solar module manufacturer Vikram Solar has secured an order for the supply of 378.75 MW of N-TOPCon modules for Indian Oil-NTPC Green Energy’s (INGEL) 600...

February 25, 2026

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Melvin Mathew

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Modules

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Solar
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US Hits Indian Solar Cells with 126% Preliminary Countervailing Duties

The U.S. Department of Commerce has announced its preliminary determination of countervailing duties of up to 125.87% on crystalline silicon solar cells, whether or not...

February 25, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Government Approves Higher Equity Investment Cap for POWERGRID

The Cabinet Committee on Economic Affairs (CCEA) has raised the permissible equity investment limit for Power Grid Corporation of India (POWERGRID) in its subsidiaries...

February 24, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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US Installed a Record 58 GWh of Energy Storage Capacity in 2025: SEIA

The U.S. added 28 GW/58 GWh of new energy storage capacity in 2025, according to a new report by Solar Energy Industries Association (SEIA). This is the highest-ever...

February 23, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy
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Senvion Wins 83.7 MW Wind Turbine Order from Tata Power Renewable Energy

Wind turbine manufacturer Senvion India has won anorder from Tata Power Renewable Energy (TPREL) to supply and install 83.7 MW of wind turbines. Senvion will deploy 31...

February 23, 2026

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Melvin Mathew

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Markets & Policy

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Wind
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Eagle Construction, OPG Power Win TNGECL’s 1.5 GWh Battery Storage Auction

Eagle Construction (Eagle Infra India) and OPG Power (OPG Power Ventures) have won Tamil Nadu Green Energy Corporation’s (TNGECL) auction to set up seven standalone...

February 23, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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SECI Invites Quotes from Banks for ₹4.5 Billion Term/Fixed Deposit Investments

The Solar Energy Corporation of India (SECI) has invited quotations from scheduled commercial banks to invest ₹4.5 billion (~$49.603 million) in term/fixed deposits. The...

February 23, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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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...

February 23, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy
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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...

February 20, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Global Lithium-Ion Battery Market Surpassed $150 Billion in 2025: IEA

The global lithium-ion battery market exceeded $150 billion in 2025, up 20% from 2024, according to an International Energy Agency (IEA) report. The report noted that...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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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...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Sponsored News
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Andhra Pradesh to Remove Cap on Fuel, Power Cost Adjustment Pass-Through

The Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed removing the cap of ₹0.4 (~$0.0044)/kWh on the distribution licensee’s monthly...

February 19, 2026

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Melvin Mathew

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Market & Policy

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T&D

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