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What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers, potentially affecting project returns, financing decisions, and capa...

October 28, 2026

Mercom Research Focus

Solar’s Share in India’s Renewable Capacity Rises to 58% at the end of Q3 2026

Solar continued to dominate India’s renewable energy capacity additions in the third quarter (Q3) of 2026. India’s installed solar capacity reached 174.8 GW, representing 31.1% of the country’s total power capacity and 57.7% of it...

October 28, 2026

Grid

Violence, Line Alignment Disputes Derail India’s Transmission Projects

Beyond compensation and right-of-way (RoW) disputes, power transmission developers are grappling with incidents of violence, vandalism, and intimidation that have forced construction work to halt, disrupted tower erection and line...

October 27, 2026

Featured

DCR Module Premium Raises Rooftop Solar Affordability Concerns

The widening price gap between domestic content requirement (DCR) and non-DCR solar modules is raising rooftop solar installation costs, lengthening consumer payback periods, and raising concerns about project viability. Industry ...

October 26, 2026

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MENA Weekly Round-Up: Algeria Plans to Add 2.44 GW Solar Capacity in 2027

Algeria plans to commission about 2.44 GW of solar capacity in 2027 under its national renewable energy program, following the commissioning of 760 MW. The additional capacity will come from 17 solar projects being developed under the country’...

October 28, 2026

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Mecpower Solutions, Navitas Solar Plan 5 GWh Storage Facility in Gujarat

Renewable energy infrastructure company Mecpower Solutions and solar module manufacturer Navitas Solar have announced plans to jointly establish a 5 GWh battery energy storage system manufacturing (BESS) facility in Karjan, Gujarat. The proposed...

October 28, 2026

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CERC Proposes Including Pump Storage Projects in High Price-Day Ahead Market

The Central Electricity Regulatory Commission (CERC) has proposed including pumped storage projects as an eligible category in the High Price-Day Ahead Market (HP-DAM) segment on power exchanges. The proposal follows recommendations from the...

October 28, 2026

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Karnataka Proposes 43.33% Renewable Purchase Obligation by FY 2030

The Karnataka Electricity Regulatory Commission (KERC) has proposed increasing the state’s Renewable Purchase Obligation (RPO) to 43.33% by the financial year (FY) 2030, from 35.95% in FY 2027. The draft regulations, titled KERC (Procurement...

October 28, 2026

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NVVN Invites Bids for Rooftop Solar Projects in West Bengal and Bihar

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids under the Ministry of Home Affairs to install grid-connected rooftop solar projects in West Bengal and Bihar. The total capacity will be 7,055 kW, to be installed at 33 locations, including Border...

October 28, 2026

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China’s Solar Capacity Additions Drop 53.9% in 9M 2026

China added 110.83 GW of solar power capacity in the first nine months (9M) of 2026, down 53.9% year-over-year (YoY) from 240.27 GW, according to the latest electricity statistics released by the National Energy Administration (NEA). Despite the...

October 28, 2026

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Tata Motors to Deploy 3,000 Electric Trucks for Amazon’s Freight Operations

Tata Motors will deploy 3,000 of its electric trucks across India to support e-commerce company Amazon’s freight movement between facilities, within cities, and along national highways. Tata Motors will supply the electric trucks, while Amazon’s...

October 28, 2026

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Waaree’s Q2 Revenue Up 24%, Aims to Expand US Module Plant Capacity to 4.8 GW

Solar module manufacturer Waaree Energies reported revenue from operations of ₹75.18 billion (~$783.13 million) in the second quarter (Q2) of the financial year (FY) 2027, a 23.9% year-over-year (YoY) increase from ₹60.66 billion (~$631.88 million)....

October 28, 2026

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Daily News Wrap-Up: Violence, Line Disputes Delay India’s Transmission Growth

Beyond compensation and right-of-way disputes, power transmission developers are grappling with violence, vandalism, and intimidation that have halted construction, disrupted tower erection and line stringing, and delayed project commissioning...

October 28, 2026

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CERC Approves Tariffs for SECI’s 1.2 GW Peak Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs of ₹6.27 (~$0.0659)/kWh and ₹6.28 (~$0.0660)/kWh for 1,200 MW of renewable energy projects with energy storage systems (ESS) awarded by the Solar Energy Corporation of India...

October 28, 2026

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