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Longer Contracts, Higher Expectations Reshape India’s Solar O&M Market

India’s solar operations and maintenance (O&M) segment is moving beyond routine equipment servicing as developers and asset owners place greater emphasis on long-term generation performance, equipment availability, and operati...

October 23, 2026

Mercom Research Focus

India’s Downstream Battery Storage Manufacturing Capacity Reaches 86 GWh

India’s operational battery energy storage manufacturing capacity is heavily concentrated in downstream manufacturing, which accounts for 92% of the total, while cell manufacturing represents just 8%, according to Mercom Ind...

October 22, 2026

Featured

India’s Renewable Energy Expansion Hits a Transmission Roadblock

India’s transmission infrastructure comprised approximately 509,603 circuit kilometers (ckm) of transmission lines and 1,478 gigavolt-amperes (GVA) of transformation capacity as of June 2026, according to Mercom India Research’s S...

October 21, 2026

Markets & Policy

Gujarat Announces Top-Up Subsidy for Smaller PM Surya Ghar Consumers

The Gujarat government has announced an additional state subsidy for residential consumers installing rooftop solar systems up to 2.18 kW under the PM Surya Ghar: Muft Bijli Yojana. Under the new subsidy arrangement, residential c...

October 23, 2026

Latest News

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TNERC Approves Procurement of 600 MW Solar Power with 1.8 GWh Energy Storage

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved Tamil Nadu Power Distribution Corporation’s (TNPDCL) proposal to procure 600 MW of solar power with a 300 MW/1,800 MWh energy storage system from the Solar Energy...

October 26, 2026

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NextEra’s Battery Storage Backlog Surges as Q3 Earnings Rise

U.S.-based power producer NextEra Energy reported a 10.4% year-over-year increase in adjusted earnings to $2.59 billion for the third quarter (Q3) of 2026, compared with $2.35 billion in the corresponding quarter last year. Operating revenue rose 1....

October 26, 2026

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Ministry of Power Unveils Framework for Secure Electricity Data Sharing

The Ministry of Power has issued the National Electricity Data Sharing Framework, 2026, to enable secure, standardized electricity data sharing. The voluntary framework classifies shareable datasets as public or access-controlled and outlines...

October 23, 2026

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POWERGRID Commissions Project to Evacuate Renewable Energy in Karnataka

Power Grid Corporation of India (POWERGRID) has commissioned a transmission project to evacuate renewable energy in Koppal and Gadag, Karnataka. The ‘Transmission Scheme for integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A &...

October 23, 2026

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China Proposes Stricter Efficiency Standards for Solar Manufacturers

China’s Ministry of Industry and Information Technology (MIIT) has proposed stricter manufacturing standards for solar cells and modules, introducing minimum conversion efficiency requirements for different technologies and setting limits on...

October 23, 2026

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Rwanda Energy Corporation Tenders Floating Solar-Plus-Storage Project

Rwanda’s Energy Development Corporation (EDCL) has invited bids from independent power producers to set up a floating solar project with a battery energy storage system at Lake Sake, Ngoma District, in the country’s Eastern Province. Bids must be...

October 23, 2026

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Peak Energy Raises $108 Million to Expand Sodium-Ion Battery Manufacturing

Peak Energy, a sodium-ion battery manufacturer, has raised $108 million in an oversubscribed Series B funding round led by General Motors Ventures to expand its sodium-ion battery manufacturing operations. Maverick Silicon, Infinite Capital, Eclipse,...

October 23, 2026

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Fourth Partner Energy Secures ₹7.5 Billion to Finance Wind-Solar Project

Renewable energy solutions company Fourth Partner Energy (FPEL) has raised ₹7.5 billion (~$79.27 million) from Tata Capital – Cleantech Finance (TCCL) to develop its ongoing solar-plus-wind project with an integrated battery energy storage system in...

October 23, 2026

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