Mercom Research Focus
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India’s Solar Growth Exposes Industry-Wide Talent Readiness Gap: Mercom

India’s rapidly expanding solar industry is facing a growing workforce readiness gap, with employers across utility-scale project development, manufacturing, rooftop solar installation, and engineering, procurement, and constructi...

October 15, 2026

Mercom Research Focus

India’s Solar Cell Manufacturing Capacity Nears 50 GW

India’s operational solar cell manufacturing capacity has approached the 50 GW  milestone, according to Mercom India’s PV Manufacturing Tracker. However, the nearly 50 GW manufacturing capacity does include a stabilization ...

October 13, 2026

Energy Storage

Government Earmarks ₹60 Billion for Green Energy Corridor-III Battery Storage

The Union Cabinet has earmarked ₹60 billion (~$631.11 million) for viability gap funding (VGF) to support the deployment of 50 GWh of battery energy storage systems (BESS) under the Green Energy Corridor Phase-III (GEC-III) progra...

October 15, 2026

Markets & Policy

US to Impose Antidumping, Countervailing Duties on Solar Imports from India

The United States International Trade Commission (USITC) has ruled that imports of crystalline silicon photovoltaic (PV) cells, whether assembled into modules or not, from India, Indonesia, and Laos materially injured the domestic...

October 15, 2026

Latest News

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GRIDCO Seeks Consultant for Floating Solar Project with Battery Storage

GRIDCO has invited bids for consultancy services to assess the environmental and social impact of the Upper Indravati floating solar and battery energy storage project, including evacuation infrastructure and associated transmission lines. The...

October 16, 2026

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NTPC Renewable Energy Invites Bids for Solar Projects in Maharashtra

NTPC Renewable Energy (NTPC REL) has invited bids for the engineering, procurement, and construction (EPC) of interstate transmission system (ISTS)-connected solar projects near its Dhule Solar Project in Maharashtra. The tender comprises two blocks...

October 16, 2026

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Solar EPC Firm Grace Renewable Energy Files Draft Papers for IPO

Ahmedabad-based solar engineering, procurement, and construction (EPC) company Grace Renewable Energy has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) of up...

October 16, 2026

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energyRe Secures $815 Million for Solar Projects in South Carolina

energyRe, a solar, wind, and energy storage project developer, has secured $815 million in financing for five utility-scale solar projects totaling approximately 360 MW in South Carolina, U.S. Bank of America, Canadian Imperial Bank of Commerce, and...

October 16, 2026

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Sterling and Wilson’s Q2 Revenue Down 12.6% Due to Weak EPC Project Execution

Sterling and Wilson Renewable Energy (SWREL) reported revenue of ₹15.28 billion (~$161.10 million) in the second quarter (Q2) of the financial year (FY) 2027, down 12.6% year-over-year (YoY) from ₹17.49 billion (~$184.40 million).. The company...

October 16, 2026

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Ampyr Solar Europe Sells 49% Stake in 157 MW Solar Project in Germany

Ampyr Solar Europe (ASE), a solar and battery storage developer, has sold a 49% stake in its 157 MW Elsterheide solar and battery storage project in Saxony, Germany, to Daiwa Energy & Infrastructure (DEI), a Japanese investment company and...

October 16, 2026

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Germany Adds 12.63 GW of Solar Capacity in 9M 2026

Germany’s net solar capacity additions fell to 1.23 GW in September 2026 from 1.64 GW in August, as per the Market Master Data Register maintained by the country’s Federal Network Agency (Bundesnetzagentur). However, September’s net solar...

October 16, 2026

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Maharashtra Invites Bids to Set Up Battery Storage Projects

The Maharashtra State Power Generation Company (MAHAGENCO) has floated a tender to set up battery energy storage systems across six locations in Maharashtra on a build, own, and operate basis. The total BESS capacity to be set up is 500 MW/1,600 MWh,...

October 16, 2026

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NTPC Tenders Floating Solar Project with Battery Storage in Mauritius

NTPC, on behalf of NTPC (Mauritius) Energy, has invited bids for an engineering, procurement, and construction (EPC) package to develop a floating solar project integrated with a battery energy storage system (BESS) at Tamarind Falls Reservoir in...

October 16, 2026

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Daily News Wrap-Up: Solar Growth Exposes Talent Readiness Gap

India’s rapidly expanding solar industry is facing a growing workforce readiness gap, with employers across utility-scale project development, manufacturing, rooftop solar installation, and engineering, procurement, and construction reporting that...

October 16, 2026

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