Mercom Research Focus
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Q2 2026 Sees Project Cost Declines Across Most Large-Scale Solar Technologies

The average system cost of large-scale solar projects declined across most module technologies during the second quarter (Q2) of the calendar year 2026. Quarterly movements remained relatively narrow, and the overall cost structur...

August 28, 2026

Mercom Research Focus

India Added 6.6 GW of Rooftop Solar Capacity in 1H 2026

India added 6.6 GW of rooftop solar capacity in the first half (1H) of 2026, up 131% year-over-year (YoY) from 2.8 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Rooftop Solar Market Report. In the se...

August 27, 2026

Market & Policy

Karnataka Expands Net Metering to 1 MW, Drops Mandatory Storage Proposal

The Karnataka Electricity Regulatory Commission (KERC) has expanded net metering for distributed solar photovoltaic (DSPV) projects to all consumer categories and raised the maximum permissible capacity to 1 MW from the 500 kW pro...

August 26, 2026

Grid

India’s Grid Not Designed for Inverter-Based Renewable Power: Interview

As renewable energy capacity expands and curtailment risks increase, transmission infrastructure is becoming central to India’s energy transition. The grid urgently needs to be redesigned to accommodate the variability of renewabl...

August 28, 2026

Latest News

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New Wind, Solar Projects to Face Same Deviation Charges as General Sellers

The Central Electricity Regulatory Commission (CERC) tweaked the deviation settlement framework for future wind and solar projects by bringing them under the same rules as those applicable to general sellers. The changes were notified under the...

August 28, 2026

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SECI Seeks 100 MWh Standalone Storage for Short-Term Use

The Solar Energy Corporation of India (SECI) has invited bids from developers to use a 50 MW/100 MWh (50 MW x 2 hrs.) standalone energy storage system (ESS) on a short-term basis. The last date to submit bids is October 5, 2026. Bids will be opened...

August 28, 2026

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Solar Leads 248 GW Renewable and Storage Transmission Connectivity Pipeline

Nearly 248 GW of power grid connectivity and General Network Access (GNA) granted to renewable energy and storage projects is expected to become effective between August 2026 and 2031. Around 53.4 GW of renewable, storage, and hydro connectivity is...

August 28, 2026

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Matter Raises ₹2.4 Billion to Expand Electric Motorcycle Production

Electric motorcycle and energy storage solutions company Matter has raised ₹2.4 billion (~$25 million) in fresh growth capital from existing investors to expand production capacity, retail footprint, and electric motorcycle portfolio. The latest...

August 28, 2026

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Fuel Cell Developer Teragen Energy Raises $6 Million in Pre-Seed Funding

Teragen Energy, a developer of modular solid-oxide fuel cell power systems for data centers, industrial sites, and utilities, has raised $6 million in an oversubscribed pre-seed funding round. BEVC and Energy Capital Ventures co-led the round. AP...

August 28, 2026

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Voya Energy Raises $35 Million to Scale Aluminum-Based Energy System

Voya Energy, a company that develops aluminum-based metal-fuel energy systems, has raised $35 million in a Series A funding round to support the commercial deployment of its energy system. Energy Impact Partners led the round, with participation...

August 28, 2026

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Sembcorp Green Infra Files Draft Papers for ₹37.5 Billion IPO

Renewable energy company Sembcorp Green Infra has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to ₹37.5 billion (~$392.76 million) through an initial public offering (IPO). The IPO...

August 28, 2026

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Certain Energy Raises $14 Million to Scale Manganese Flow Batteries

Certain Energy, a UK long-duration energy storage company developing manganese flow batteries, has raised £10 million (~$13.63 million) in a Series A funding round to commercialize its technology and prepare for grid deployments. The British...

August 28, 2026

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Byhmgard Acquires Rights to 50 MW Battery Storage Project in Finland

Byhmgard, a utility-scale energy storage project developer, has entered into binding agreements through a wholly owned project company to acquire the rights to the 50 MW Hitura battery energy storage project in Finland. Callio-Hitura Solarpark, a...

August 28, 2026

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