Mercom Research Focus
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India Added 4.9 GW Rooftop Solar Capacity in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year (YoY) increase, according to Mercom India’s newly released Q3 202...

November 25, 2025

Grid

CERC Favors Grid Connectivity Only to Renewable Energy Projects with PPAs

A new staff paper by the Central Electricity Regulatory Commission (CERC) has suggested that grid connectivity for renewable energy projects be given only if they have signed power purchase agreements. As another option, it has be...

November 26, 2025

Energy Storage

Patanjali, Mecpower, Diwakar Renewable Among RVUNL’s 2 GWh BESS Auction Winners

Six companies have won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction to set up a 500 MW/2,000 MWh standalone battery energy storage system (BESS) under the build-own-operate model in the state. The tender was issued in Au...

November 24, 2025

Markets & Policy

Supreme Court Orders MERC to Clear Pleas on Multi-Year Tariff Order in 12 Weeks

The Supreme Court of India has directed the Maharashtra Electricity Regulatory Commission (MERC) to review the petitions challenging the impugned multi-year tariff (MYT) within 12 weeks. In a November 17, 2025, ruling remanding th...

November 26, 2025

Latest News

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Pace Digitek Subsidiary Wins Order for 276 MWh of BESS from L&T

Lineage Power, a material subsidiary of Pace Digitek, has received an order worth ₹1.9 billion (~$22.33 million) from Larsen & Toubro to supply 275,825 kWh of battery energy storage systems (BESS) in 55 integrated LiFePo4 liquid cooling...

November 26, 2025

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Hydro Tasmania Invites Proposals for 1,500 GWh of Wind, Solar Power

Australia-based clean energy solutions company Hydro Tasmania has invited expressions of interest for new wind and solar developments across Tasmania to deliver up to 1,500 GWh of electricity annually, aiming to increase the state’s renewable...

November 26, 2025

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CERC Approves Tariffs for SECI’s 420 MW of Renewable Energy Projects with ESS

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹5.06 (~$0.0567)/kWh and ₹5.07 (~$0.0568)/kWh for 420 MW of Solar Energy Corporation of India’s (SECI) 1,200 MW renewable energy projects with an energy storage system...

November 26, 2025

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Daily News Wrap-Up: India’s Rooftop Capacity Rose 161% YoY in 9M 2025

India added 4.9 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2025, compared to 1.9 GW in the previous year, a 161% year-over-year (YoY) increase, according to Mercom India’s newly released Q3 2025 India Rooftop...

November 26, 2025

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Southern Railway Invites Bids for 1 MW Rooftop Solar Projects at Rameswaram

Southern Railway has invited bids for installing rooftop solar systems with a cumulative capacity of 1 MW at various locations of Rameswaram station under the Madurai Division, Tamil Nadu. The rooftop solar systems will have a minimum capacity of 10...

November 26, 2025

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Funding and M&A Roundup: NeoVolta to Secure $13 Million

From: Mercom Capital Group NeoVolta, a U.S.-based energy storage solutions provider, has entered into agreements for $13 million in private placement financing led by Infinite Grid Capital (IGC). The funding is structured to offer both immediate and...

November 26, 2025

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Project Finance Brief: Neoen Sells 760 MW Operating Renewable Portfolio in France

From: Mercom Capital Group Neoen, an independent renewable energy producer that develops, finances, builds, and operates large-scale solar, wind, and battery storage projects, has entered into an agreement with Plenitude, a subsidiary of Eni, to...

November 26, 2025

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Solar Module Capacity Under ALMM Grows to 121.7 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 5,255 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 121,722 MW. Sirius...

November 25, 2025

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