Mercom Research Focus
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Top Five States for Solar Open Access Installations in 2025

India added 7.8 GW of solar open access capacity in 2025, the highest addition recorded in any calendar year, according to the Q4 and Annual 2025 Mercom India Solar Open Access Market report. Solar open access installations remain...

March 3, 2026

Grid

Karnataka Revises Power Tariffs After Allowing DISCOMs’ Review Petition

The Karnataka Electricity Regulatory Commission (KERC) has allowed a review petition filed by the state’s electricity distribution companies (DISCOMs) and revised tariffs for agricultural, commercial, and industrial consumer categ...

March 5, 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

Tenders & Auctions

KPI Green, Urdhvaga, Adyant Enersol, Lambent Win SJVN’s 600 MW Wind Auction

KPI Green Energy, Urdhvaga Renewables India Project (UPC Renewables), Adyant Enersol (Datta Infra), and Lambent Energy (Eight) have won SJVN’s auction to set up 600 MW interstate transmission system (ISTS)-connected wind projects....

March 2, 2026

Latest News

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Daily News Wrap-Up: Karnataka Revises Power Tariffs

The Karnataka Electricity Regulatory Commission allowed a review petition filed by the state’s electricity distribution companies (DISCOMs) and revised tariffs for agricultural, commercial, and industrial consumer categories for the financial year...

March 6, 2026

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ChargePoint’s Revenue Up 7% YoY in Q4 FY 2026, Net Loss Down 48%

U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7% year-over-year (YoY) increase from $101.9 million. The revenue exceeded analysts’...

March 6, 2026

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Karnataka Notifies Power Cross-Subsidy Reduction Regulations 2026

The Karnataka Electricity Regulatory Commission (KERC) has notified the Karnataka Electricity Regulatory Commission (Roadmap for Reducing Cross-Subsidy and Cross-Subsidy Surcharge) Regulations, 2026. The framework establishes a roadmap to reduce...

March 6, 2026

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Plug Power Q4 2025 Revenue Surges on Increased Sales in Core Markets

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $225.2 million in the fourth quarter (Q4) of the financial year (FY) 2025, up 17.6% year-over-year (YoY). Revenue exceeded analysts’ expectations of $217.4 million. The company...

March 6, 2026

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Stem Narrows Loss in Q4 2025 as Utility-Scale Market Expansion Gains Traction

U.S.-based smart energy storage company Stem reported a revenue of $47.2 million in the fourth quarter (Q4) of 2025, a year-over-year (YoY) decline of 15.4% from $55.8 million. Net profit stood at a negative $16 million, improving 68.7% YoY from a...

March 6, 2026

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Himachal Proposes Short-Term Green Energy Open Access Through InSTS Systems

Himachal Pradesh State Load Dispatch Centre (HPSLDC) has issued the draft procedure for the grant of short-term green energy open access (GEOA) through intrastate transmission systems. Eligible entities must be consumers with a contracted demand or...

March 5, 2026

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Apraava, Jyoti Structures Commission Transmission Lines to Evacuate Renewables

Energy solutions provider Apraava Energy and Jyoti Structures, an engineering, procurement, and construction firm, have announced the commissioning of two transmission projects in Rajasthan and Karnataka. Apraava commissioned a 22-km, 400 kV...

March 5, 2026

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Month in a Minute: Top Headlines from the Indian Renewable Sector in February 2026

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to Mercom India’s Q4 and Annual 2025 India Solar Market Update Report. This...

March 5, 2026

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IEX Power Trade Surges 30% YoY to 12,550 MU in February

The Indian Energy Exchange (IEX) recorded a total electricity-traded volume of 12,550 million units (MU) in February 2026, a 30.4% year-over-year (YoY) increase, and its highest daily average volume of 448 MU. During the month, India’s electricity...

March 5, 2026

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