india

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GH2 to Set Up 105 MW Electrolyzer Manufacturing Facility in Madhya Pradesh

Renewable energy company, GH2 Solar, is setting up a green hydrogen electrolyzer manufacturing facility in Gwalior, Madhya Pradesh, in a joint venture with South...

September 2, 2025

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Staff

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Other

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Renewable Energy
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Solar Industry Keeps Fingers Crossed About ALMM-II Mandate for Cells

India’s solar sector is entering a decisive new phase. Starting September 1, 2025, all tenders require developers and installers to use solar modules compliant with the...

September 2, 2025

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Arjun Joshi

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Installations in India Jumped 31% YoY in 1H 2025

India added solar projects totaling 18 GW in the first half (1H) of 2025, a 31% year-over-year (YoY) increase from the same period last year, according to Mercom India...

August 26, 2025

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Melvin Mathew

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Mercom Research Focus

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Solar
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India Must Urgently Set Post-2030 Renewable Energy Goals

What an exceptional Mercom India Renewables Summit 2025 it was! When we started covering India’s clean energy market, the entire country had just 6 MW of installed solar...

August 20, 2025

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Raj Prabhu

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Markets & Policy

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Renewable Energy
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Solar Module Capacity Under ALMM Grows by 8.8 GW

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) for solar modules with the addition of 8,797 MW of...

August 14, 2025

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Staff

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Market & Policy

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Solar
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India Hits 100 GW of Solar Module Manufacturing Capacity Under ALMM

India’s solar module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM) has reached the 100 GW milestone, up from just 2.3 GW in 2014,...

August 14, 2025

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Arjun Joshi

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Manufacturing

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Solar
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Indian Solar Exporters Eye Alternative Markets Post Trump’s 50% Tariff

India’s rising solar export sector has been dealt a severe blow with the U.S. imposing 50% import tariffs. The U.S. has been the prime destination for Indian solar cell...

August 11, 2025

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B.S. Nagaraj

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Manufacturing

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Mercom Research Focus

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Solar
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Renewables on the Verge of Overtaking Coal Globally As Demand Surges: IEA

Renewable energy is set to achieve a historic milestone by overtaking coal-fired generation either in 2025 or by 2026 at the latest, according to the International...

August 7, 2025

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Arjun Joshi

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Market & Policy

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Renewable Energy
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MNRE Releases ₹679.5 Million Funding to Four Hydrogen Valley Clusters

The Ministry of New and Renewable Energy (MNRE) has approved the release of ₹679.5 million (~$7.8 million) as the first tranche of central financial assistance (CFA) to...

July 28, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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India’s 2030 Clean Energy Goals: Opportunities and Challenges

India aims to deploy 500 GW of non-fossil fuel-based energy capacity by 2030. While the country has made significant progress toward meeting this goal, it still faces...

July 23, 2025

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Melvin Mathew

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Other

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Renewable Energy
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Candi Solar Raises $24 Million from Norfund, STOA, and EEGF

Switzerland-headquartered solar solutions provider Candi Solar has raised $24 million (~₹2.06 billion) from Norfund, STOA, and the Energy Entrepreneurs Growth Fund...

July 22, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Chhattisgarh Hikes FY 2026 Electricity Tariffs by 1.89% Across Categories

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued its final tariff order for the financial year (FY) 2026, introducing an average hike of 1.89%...

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India Added 341 MWh of Energy Storage Capacity in 2024

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...

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India’s C&I Sector Increasingly Adopting Clean Energy to Decarbonize Operations

Commercial and industrial (C&I) units in India are increasingly adopting solar energy as a viable, cost-effective, and sustainable alternative to conventional power...

July 7, 2025

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Staff

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C&I

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Renewable Energy
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GCF Approves $200 Million for ADB’s India Clean Energy Program

The Green Climate Fund (GCF) has approved $200 million (~₹17.07 billion) for a new program led by the Asian Development Bank (ADB) to enhance large-scale public and...

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