Mercom Research Focus
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Energy Storage Firms Secure $8.9 Billion in Corporate Funding in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across 55 deals in 1H 2025, according to Mercom Capital Group’s 1H ...

August 10, 2026

Mercom Research Focus

India’s Solar Power Generation Rises 45.9% YoY to 62.8 BU in Q2 2026

India generated approximately 62.8 billion units (BU) of solar power in Q2 2026, increasing 45.9% year-over-year (YoY) from 43 BU in Q2 2025, according to the Central Electricity Authority (CEA). Solar generation rose 20.2% quart...

August 10, 2026

Manufacturing

US Imposes 15% Tariff on Polysilicon Derivatives, Sets Solar Import Prices

The U.S. has announced a 15% additional tariff on certain polysilicon products and set minimum import prices for polysilicon, wafers, and solar cells and modules, effective December 4, 2026, regardless of the country of origin. Pr...

August 7, 2026

Floating Solar

NTPC SAIL Announces Winner of 20 MW Floating Solar Auction

NTPC SAIL Power Company (NSPCL), a joint venture of NTPC and Steel Authority of India (SAIL), has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 20 MW floating solar project in Ch...

August 5, 2026

Latest News

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Assam Regulator Directs DISCOM to Follow Existing Rooftop Solar Rules

The Assam Electricity Regulatory Commission (AERC) has directed Assam Power Distribution Company (APDCL) to continue processing all rooftop solar applications in accordance with the applicable regulations, the Assam Solar Generation Promotion Policy,...

August 10, 2026

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Waaree Buys Stake in Smart Meter Company Eppeltone for ₹218 Million

Waaree Smart Meters, a step-down subsidiary of Waaree Energies, has acquired a 24.21% equity stake in smart meter manufacturer Eppeltone Engineers for approximately ₹217.8 million (~$2.3 million). According to Waaree, the acquisition aims to...

August 10, 2026

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Renewable Manufacturing Needs a New Generation of Skilled Engineers: Interview

India’s renewable energy ambitions are creating demand for a new generation of engineers, researchers, and manufacturing professionals with specialized skills. However, the workforce pipeline has struggled to keep pace with rapid growth in...

August 10, 2026

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Terra Clean Seeks Power Buyers for Long-Term Renewable Energy Procurement

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, has invited expressions of interest (EoIs) from commercial & industrial (C&I) organizations interested in sourcing long-term renewable power under the group captive open...

August 10, 2026

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Purvah to Acquire 1.4 GW Solar Portfolio from Renew for ₹49 Billion

Purvah Green Power has announced it will acquire a 1.4 GW operating solar portfolio from ReNew Solar Power for an enterprise value of ₹48.59 billion (~$509 million). Purvah is the renewable energy platform of Calcutta Electric Supply Corporation and...

August 10, 2026

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Fujiyama Commissions 2 GW Power Electronics Facility in Madhya Pradesh

Rooftop solar solutions and products company Fujiyama Power Systems has announced the commissioning of its 2 GW power electronics manufacturing facility in Ratlam district of Madhya Pradesh. The newly commissioned facility will manufacture a wide...

August 10, 2026

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Government Bans New Solar, Wind Projects Within 1 km of India’s Borders

The Ministry of Home Affairs (MHA) has said no new solar, wind or hybrid renewable energy project will be permitted within 1 km of India’s international borders, the Line of Control and the Line of Actual Control, which are classified as a...

August 10, 2026

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India’s Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030, according to the Ministry of New and Renewable Energy. Non-fossil fuel sources now...

August 10, 2026

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Chhattisgarh Invites Bids for 1,000 Off-Grid Solar Systems with Storage

The Chhattisgarh State Renewable Energy Development Agency (CREDA) has invited bids for the rate contract for approximately 1,000 off-grid solar systems with battery storage across the state. The estimated value of the tender is ₹1 billion (~$10.51...

August 10, 2026

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