Mercom Research Focus
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Q4 Sees Solar Open Access Slowdown in Karnataka, Rajasthan, UP

India’s solar open access market witnessed a slowdown in the fourth quarter (Q4) of 2025, with regulatory changes, tariff structuring, and grid constraints affecting project development and the pace of commissioning in major marke...

March 10, 2026

Mercom Research Focus

India’s Solar Imports Up 34% in Q4 2025, Exports Down 70% QoQ

India imported solar cells and modules worth over $1.12 billion (~₹100.2 billion) in the fourth quarter (Q4) of 2025, a 55.6% year-over-year (YoY) increase from $723.4 million (~₹61.1 billion), according to data from the Departmen...

March 9, 2026

Mercom Research Focus

Execution Risks Loom for Indian Battery Storage Developers as Tariffs Drop Sharply

India’s standalone battery energy storage system (BESS) tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over whether projects can be executed and, if so, whether they c...

March 9, 2026

Mercom Research Focus

Indian Solar Manufacturers Say Domestic Demand Offsets Impact of U.S. Duties

The recent imposition of steep countervailing duties by the U.S. on Indian solar imports is not causing much concern among solar manufacturers, given lower export volumes and their focus on the domestic market. The U.S. Department...

March 3, 2026

Latest News

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POWERGRID to Raise ₹50 Billion Loan, Divest Stake in CTUIL

Powergrid Corporation of India’s (POWERGRID) board has approved raising up to ₹50 billion (~$541.45 million) through an unsecured rupee term loan or line of credit from the Union Bank of India. The loan will provide the company with additional...

March 10, 2026

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Sahaj Solar Approves UAE Subsidiary for 750 MW Solar Panel Facility

Ahmedabad-based Sahaj Solar has approved the incorporation of a step-down subsidiary in the United Arab Emirates (UAE) to implement a proposed 750 MW solar manufacturing facility with a strategic partner. The company’s board reviewed the earlier...

March 10, 2026

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Daily News Wrap-Up: Energy Storage Tariff Drop Raises Project Execution Risks

India’s standalone battery energy storage system tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over whether projects can be executed and, if so, whether they can meet the required...

March 10, 2026

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TCPL Packaging to Procure Power from CleanMax’s 3 MW Solar Project

Mumbai-based packaging solutions company TCPL Packaging has acquired a 26% stake in Clean Max Hana to source power from the company’s 3.05 MW solar project in Uttarakhand under a captive arrangement. TCPL has invested ₹10.9 million (~$118,652) to...

March 10, 2026

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Madhya Pradesh Invites Bids from Consultants to Analyze DISCOM Subsidy Demands

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids from consultants to provide support for analyzing quarterly reports on subsidy demands raised by state distribution companies (DISCOMs) for the financial year 2026, as...

March 10, 2026

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Renewables Accounted for 58.6% of Germany’s Electricity Generation in 2025

Renewables accounted for 58.6% of the electricity fed into Germany’s grid in 2025, slightly lower than 59.5% in 2024, according to preliminary data released by the Federal Statistical Office (Destatis). Germany generated 438.2 terawatt-hours (TWh)...

March 10, 2026

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Electrons Can Move Across Solar Materials at Record Speed: Research

Electrons can jump across solar materials in approximately 18 femtoseconds, less than 20 quadrillionths of a second, according to researchers from the University of Cambridge’s St John’s College. The researchers claim that this speed of...

March 10, 2026

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GERC Allows Revisions in Torrent Power’s 200 MW FDRE Tender Terms

The Gujarat Electricity Regulatory Commission (GERC) has partly allowed a petition filed by Torrent Power seeking approval for deviations for procurement of firm and dispatchable renewable energy (FDRE) with energy storage. The Commission approved...

March 9, 2026

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Tunisia Invites Bids for 300 MW Solar Plus 150 MW/540 MWh Battery Storage Project

Tunisia’s Ministry of Industry, Mines, and Energy has invited bids to develop a 300 MW solar power project with a 150 MW/540 MWh battery energy storage system. The project will be developed under a concession agreement on a 440-hectare plot of land...

March 9, 2026

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