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Module Glut, DCR Cell Shortages, and Financing Risks Squeeze Solar Manufacturers

India’s push to build a domestic solar manufacturing ecosystem is creating new challenges for manufacturers. While policy measures such as the Approved List of Models and Manufacturers (ALMM) and Domestic Content Requirement (DCR)...

August 31, 2026

Mercom Research Focus

India Added 6.6 GW of Rooftop Solar Capacity in 1H 2026

India added 6.6 GW of rooftop solar capacity in the first half (1H) of 2026, up 131% year-over-year (YoY) from 2.8 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Rooftop Solar Market Report. In the se...

August 27, 2026

Mercom Research Focus

Q2 2026 Sees Project Cost Declines Across Most Large-Scale Solar Technologies

The average system cost of large-scale solar projects declined across most module technologies during the second quarter (Q2) of the calendar year 2026. Quarterly movements remained relatively narrow, and the overall cost structur...

August 28, 2026

Grid

India’s Grid Not Designed for Inverter-Based Renewable Power: Interview

As renewable energy capacity expands and curtailment risks increase, transmission infrastructure is becoming central to India’s energy transition. The grid urgently needs to be redesigned to accommodate the variability of renewabl...

August 28, 2026

Latest News

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New C&I Consumers Seek Clearer Power Demand Matching Visibility: Interview

Round-the-clock (RTC) and firm and dispatchable renewable energy (FDRE) are gaining traction, with newer commercial and industrial (C&I) consumers evaluating projects based on how efficiently they can match future power demand. In an exclusive...

August 31, 2026

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Driven By Chinese Imports, Africa’s Solar Additions to Reach 17 GW in 2026

Solar capacity additions in Africa are projected to reach 17 GW in 2026, clocking a 45% year-over-year (YoY) rise amid a surge in Chinese solar panel imports to the continent, according to a recent report by Ember. The figure implies an installation...

August 31, 2026

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MARS Energy Group Acquires Citadel Roofing & Solar in California

MARS Energy Group, a diversified energy and infrastructure company, has acquired Northern California residential roofing and solar contractor Citadel Roofing & Solar, marking its 11th acquisition. The companies did not disclose the transaction...

August 28, 2026

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Hero MotoCorp to Raise Equity Stake in Ather by 2.92%

Hero MotoCorp has approved an investment of up to ₹17.58 billion (~$175.8 million) to acquire additional equity shares in electric two-wheeler (e-2Ws) manufacturer Ather Energy, increasing its fully diluted shareholding by up to 2.92%. Hero will...

August 28, 2026

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New Wind, Solar Projects to Face Same Deviation Charges as General Sellers

The Central Electricity Regulatory Commission (CERC) tweaked the deviation settlement framework for future wind and solar projects by bringing them under the same rules as those applicable to general sellers. The changes were notified under the...

August 28, 2026

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SECI Seeks 100 MWh Standalone Storage for Short-Term Use

The Solar Energy Corporation of India (SECI) has invited bids from developers to use a 50 MW/100 MWh (50 MW x 2 hrs.) standalone energy storage system (ESS) on a short-term basis. The last date to submit bids is October 5, 2026. Bids will be opened...

August 28, 2026

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Solar Leads 248 GW Renewable and Storage Transmission Connectivity Pipeline

Nearly 248 GW of power grid connectivity and General Network Access (GNA) granted to renewable energy and storage projects is expected to become effective between August 2026 and 2031. Around 53.4 GW of renewable, storage, and hydro connectivity is...

August 28, 2026

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Matter Raises ₹2.4 Billion to Expand Electric Motorcycle Production

Electric motorcycle and energy storage solutions company Matter has raised ₹2.4 billion (~$25 million) in fresh growth capital from existing investors to expand production capacity, retail footprint, and electric motorcycle portfolio. The latest...

August 28, 2026

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Fuel Cell Developer Teragen Energy Raises $6 Million in Pre-Seed Funding

Teragen Energy, a developer of modular solid-oxide fuel cell power systems for data centers, industrial sites, and utilities, has raised $6 million in an oversubscribed pre-seed funding round. BEVC and Energy Capital Ventures co-led the round. AP...

August 28, 2026

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