Mercom Research Focus
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Solar Tendering Surges 61% QoQ in Q3 2026, Auctions Decline 10%

Government agencies stepped up solar tendering activity in the third quarter (Q3) of 2026, reversing the previous quarter’s slowdown. Auction activity, however, declined from the prior quarter, pointing to a gap between new ...

November 3, 2026

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India’s Renewable Energy Growth Faces a Deepening Land Acquisition Crisis

India’s renewable energy developers face mounting difficulties securing project-ready land, with acquisition and conversion timelines stretching up to 24 months in some states. These delays are increasing project costs and c...

November 3, 2026

Mercom Research Focus

India’s Q3 Renewable Policy Shifts: What the Industry Needs to Know

India’s renewable energy policies increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during the third quarter (Q3) of 2026, according to Mercom India&#...

October 29, 2026

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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

Latest News

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Month in a Minute: Top Headlines from the Indian Renewable Sector in October 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 its renewable energy...

November 4, 2026

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Türkiye Awards 785 MW of Solar Capacity in YEKA Auction

Türkiye’s Ministry of Energy and Natural Resources has awarded 785 MW of solar capacity across 11 projects under the Yenilenebilir Enerji Kaynak Alanları (YEKA GES) 2026 solar auctions. The projects are located across Denizli, Ankara, Konya,...

November 4, 2026

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CleanMax Q2 Profit Surges 82% YoY as Renewable Portfolio Expands

Clean energy solutions provider Clean Max Enviro Energy Solutions reported revenue from operations of ₹7.28 billion (~$80.08 million) in the second quarter (Q2) of the financial year (FY) 2027, a 37% year-over-year (YoY) increase from ₹5.31 billion...

November 4, 2026

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Daily News Wrap-Up: Solar Tendering Surges 61% in Q3 2026

Government agencies stepped up solar tendering activity in the third quarter (Q3) of 2026, reversing the previous quarter’s slowdown. Tendering increased 61% quarter-over-quarter, while auction activity declined 10%. India’s renewable energy...

November 4, 2026

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Project Finance Brief: Neoen Secures $1.3 Billion Financing

From: Mercom Capital Group Neoen, an independent renewable energy producer that develops, finances, builds, and operates large-scale solar, wind, and battery storage projects, has secured A$1.8 billion (~$1.26 billion) in debt financing from 13...

November 4, 2026

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India’s Solar Power Generation Rises 48.6% YoY to 56.9 BU in Q3 2026

India generated approximately 56.9 billion units (BU) of solar power in the third quarter (Q3) of calendar year (CY) 2026, up 48.6% year-over-year (YoY) from 38.3 BU in Q3 2025, according to data from the Central Electricity Authority (CEA). However,...

November 4, 2026

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Funding and M&A Roundup: Group14 Raises $169 Million in Series D Funding

From: Mercom Capital Group Group14 Technologies, a manufacturer of silicon-anode battery technology, has closed a €150 million (~$169 million) Series D equity funding extension to support its global manufacturing expansion, including a 10 GWh...

November 4, 2026

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MENA Weekly Round-Up: Enerjisa to Develop 30 MW Solar Project in Türkiye

Enerjisa Enerji Üretim, a joint venture involving Türkiye’s Sabanci Holding and Germany’s E.ON, plans to invest approximately TRY438 million (~$830.94 million) in a 30 MW solar power facility integrated with 40 MWh of battery storage in southern...

November 4, 2026

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Germany Awards 288 MW of Rooftop Solar and 319 MW of Biomass Capacity

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 288 MW of rooftop solar capacity across 143 successful bids in its auction for solar installations on buildings and noise barriers. The auction, which closed for bids on October 1,...

November 3, 2026

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ReNew’s Q2 Revenue Grows 29% YoY Amid Solar Manufacturing Expansion

Independent power producer ReNew Energy Global reported total income of ₹49.62 billion (~$518 million) for the second quarter (Q2) of the financial year (FY) 2027, a 28.7% year-over-year (YoY) increase from ₹38.56 billion (~$402 million). Adjusted...

November 3, 2026

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