Mercom Research Focus
thumbnail
CERC’s Connectivity Relief a Double-Edged Sword for Delayed Renewable Projects

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time t...

August 24, 2026

Energy Storage

SECI Announces Winners of 6 GWh Peak Power Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate tra...

August 22, 2026

Mercom Research Focus

India’s Solar Imports Rise 50% YoY in Q2 2026, Exports Plunge 88%

Solar cell imports in the second quarter (Q2) of 2026 rose 33.2%, while module imports fell 75.5% compared to the previous quarter. This contrast reflects India’s expanding domestic module manufacturing base, which is increasing d...

August 21, 2026

Markets & Policy

MNRE Allows Four-Month Extension for Renewable Projects Hit by West Asia Crisis

The Ministry of New and Renewable Energy (MNRE) has advised renewable energy implementing agencies (REIAs) and other power procuring agencies to consider granting an extension of up to four months to renewable energy projects affe...

August 24, 2026

Latest News

thumbnail
L&T Wins 6 GWh Battery Storage Order in the Middle East

Larsen & Toubro (L&T) has secured an order to set up three battery energy storage projects in the Middle East, with a combined storage capacity of 6 GWh. L&T said the order valued between ₹50 billion (~$524.32 million) and ₹100 billion...

August 25, 2026

thumbnail
Fujiyama to Add 1 GWh Lithium Battery Production Capacity in Madhya Pradesh

Solar energy solutions provider Fujiyama Power Systems (UTL Solar) will invest ₹50 million (~$524,001) to add 1 GWh of lithium battery manufacturing capacity at its Ratlam plant in Madhya Pradesh. The company plans to finance the expenditure through...

August 25, 2026

thumbnail
Karnataka Cuts Generic Tariff for PM Surya Ghar Projects

The Karnataka Electricity Regulatory Commission (KERC) has approved new generic tariffs for grid-connected distributed solar projects and solar projects under different metering mechanisms, applicable from August 25, 2026, to June 30, 2029....

August 25, 2026

thumbnail
MNRE Asks Wind Turbine OEMs to Prove Cybersecurity Compliance by August 31

The Ministry of New and Renewable Energy (MNRE) has directed original equipment manufacturers (OEMs) listed under the Approved List of Models and Manufacturers (ALMM) for wind turbines to submit their cybersecurity compliance status by August 31,...

August 25, 2026

thumbnail
Renewables Account for 63% of Türkiye’s Installed Power Capacity

Renewable energy sources accounted for 62.8% of Türkiye’s installed electricity capacity, reaching 79.43 GW at the end of July 2026, according to the country’s Ministry of Energy and Natural Resources. Türkiye’s total installed electricity capacity...

August 25, 2026

thumbnail
POWERGRID Invites Bids for 530 MWh Battery Storage Project in Haryana

Power Grid Corporation of India (POWERGRID) has issued a pre-bid tie-up tender to set up a 265 MW/530 MWh standalone battery energy storage system in Haryana. The last date to submit bids is August 31, 2026. POWERGRID has floated the tender to...

August 25, 2026

thumbnail
Otovo to Acquire Green Panel Solar Energy Systems for $11 Million

Otovo, a company that provides behind-the-meter energy services, has signed definitive agreements to acquire Green Panel Solar Energy Systems for $11 million. The transaction is expected to be Otovo’s eighth and largest acquisition to date. The...

August 25, 2026

thumbnail
Daily News Wrap-Up: CERC Grid Relief Brings Mixed Gains for Developers

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time to meet land,...

August 25, 2026

thumbnail
Lower Sales Volume Pushes Flux Power’s Revenue Down 51% in Q4 FY 2026

Lithium-ion storage solutions provider Flux Power reported revenue of $8.25 million in the fourth quarter (Q4) of fiscal year (FY) 2026, down 50.7% year-over-year (YoY) from $16.74 million. The revenue decline is attributed to changes in product mix,...

August 25, 2026

thumbnail
US Lawmakers Seek Update on Delayed Wind and Solar Project Reviews

A group of U.S. lawmakers has asked the Department of the Interior (DOI) to provide updated information on wind and solar projects undergoing federal review and comply with congressional reporting requirements on energy projects. The lawmakers said...

August 25, 2026

MORE NEWS