Mercom Research Focus
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Tata Power, Roofsol, Mahindra Lead India’s Rooftop Solar Market in 2025

Tata Power Solar, Roofsol Energy, Mahindra Solarize, Kalpa Power, and Hartek Group emerged as the top rooftop solar installers in India in 2025, according to Mercom India’s India Solar Market Leaderboard 2026. Together, these five...

April 10, 2026

Mercom Research Focus

ALMM Expansion to Wafers Raises Capacity Gap and Timeline Concerns

The government’s move to extend the Approved List of Models and Manufacturers (ALMM) framework to solar wafers marks a major step toward building a fully integrated domestic solar manufacturing ecosystem, but industry stakeholders...

April 9, 2026

Mercom Research Focus

Maharashtra’s Energy Banking Reset Reshapes Solar Economics for C&I Consumers

The Maharashtra Electricity Regulatory Commission has eliminated the ability to time-shift solar generation beyond its production window by restricting energy banking to the same time-of-day (ToD) slot, fundamentally altering the ...

April 7, 2026

Market & Policy

Rajasthan High Court Shields Solar Projects from Duty Exemption Rollback

In a significant ruling upholding policy certainty in India’s renewable energy sector, the Rajasthan High Court has held that the state government cannot retrospectively withdraw electricity duty exemptions promised under its Sola...

April 10, 2026

Latest News

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MAHAGENCO REL Invites Bids to Procure 700 Acres of Land for 175 MW Solar Projects

MAHAGENCO Renewable Energy (MAHAGENCO REL) has invited bids to select an agency to lease 700 acres of land and obtain grid connectivity and line right-of-way (RoW) clearance for the development of 175 MW (25 MW × 7) of solar power projects in...

April 10, 2026

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Adani Green Inks JV Deal with IHC Arm to Develop Renewable Projects in India

Adani Renewable Energy Middle East (AGEL UAE), a wholly owned subsidiary of Adani Green Energy (AGEL), and Minerva Holding have formed a joint venture (JV) company to set up renewable energy projects in India. The JV company will focus on developing,...

April 10, 2026

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Daily News Wrap-Up: ALMM Expansion to Wafers Raises Capacity Gap Concerns

The government’s move to extend the Approved List of Models and Manufacturers (ALMM) framework to solar wafers marks a major step toward building a fully integrated domestic solar manufacturing ecosystem, but industry stakeholders warn that a sharp...

April 10, 2026

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Uttarakhand Raises Tariffs for Industrial Category Power Consumers in FY 2027

The Uttarakhand Electricity Regulatory Commission (UERC) has raised tariffs for some industrial-category power consumers and retained tariffs for commercial-category power consumers for the financial year (FY) 2027. Industrial Consumers Industrial...

April 9, 2026

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Mahindra to Procure Power from 30 MW Captive Solar Project in Punjab

Mahindra and Mahindra will procure power from a 30 MW captive solar power project in Punjab, being developed by Neon Hybren, as part of its plan to secure long-term clean energy for its operations. The company approved an investment of up to ₹111.7...

April 9, 2026

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CEA Projects National Power Requirement to Touch 1,121 GW by FY 2036

The Central Electricity Authority (CEA) has projected that India’s installed power capacity requirement will reach 1,121 GW by the financial year (FY) 2036, with the share of fossil fuel-based generation declining from the current 75% to 50%. The...

April 9, 2026

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India Tops Brazil to Rank 3rd in Renewable Energy Capacity Globally

India has climbed to third place globally in installed renewable energy capacity, surpassing Brazil, adding a record 55.3 GW of non-fossil capacity in the financial year (FY) 2026, while total installed non-fossil fuel power capacity reached 283.46...

April 9, 2026

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Premier Energies Secures 1.6 GW Solar Cell and Module Orders in Q4 FY 2026

Hyderabad-based Premier Energies has secured orders to supply 1,600 MW of solar cells and modules, worth ₹25.77 billion (~$278.8 million) in the fourth quarter of the financial year (FY) 2026. The company said the contracts were awarded by a mix of...

April 9, 2026

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