Mercom Research Focus
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India Must Double Annual Wind Additions to Meet 100 GW by 2030 Target

India may struggle to meet its 100 GW wind energy target for 2030, with current installed capacity and a modest pipeline falling short of the required pace. According to Mercom India Renewable Energy Project Tracker, the country h...

June 22, 2026

Mercom Research Focus

Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial and policy-related challenges. While residential demand remains supported by the PM Surya Ghar: Muft Bijli Yojana, adoption across commercial ...

June 19, 2026

Other

Scaling India’s Solar Cell Manufacturing Ecosystem for Global Markets

India’s solar manufacturing sector is entering a critical phase as the country seeks to strengthen domestic supply chains, reduce import dependence, and support its rapidly expanding solar deployment targets. India added nea...

June 19, 2026

Energy Storage

Battery Storage Shifts from Backup Power to Strategic Energy Asset in India: Interview

India’s energy transition is rapidly reshaping the role of battery storage, with businesses across sectors and renewable energy developers increasingly looking beyond conventional backup solutions. As renewable energy capacity exp...

June 19, 2026

Latest News

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Solving India’s Grid Stability Challenge with Hybrid Renewable Projects

As India works towards ramping up the share of clean energy in power generation, hybrid renewable energy projects have emerged as a viable solution to address intermittency and transmission constraints. By leveraging the combined potential of solar,...

June 22, 2026

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Rooftop Solar PPA to Help Andhra Pradesh Module Maker Cut Power Costs by 83%

A leading solar module manufacturer in Andhra Pradesh is expected to save ₹2.21 billion (~$23.28 million) over 20 years through a 9.75 MW rooftop solar power purchase agreement (PPA). The project was structured by Two Point O Capital as a five-year...

June 22, 2026

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India Could Be in Top Three Floating Solar Markets in Five Years: Interview

Floating solar has emerged as an increasingly important segment of the renewable energy sector as developers look to overcome land constraints and improve project economics. Reservoirs, hydropower dams, industrial water bodies, and irrigation ponds...

June 22, 2026

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UPERC Clears 20 MW Floating Solar Project in Gorakhpur

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed the development and commissioning of a 20 MW floating solar power project at Chilwa Tal in the state’s Gorakhpur district through a cost-plus tariff mechanism and permitted...

June 19, 2026

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Battery Material Company Astracite Raises $1.3 Million in Investments

Belgium-based battery materials startup Astracite has secured €1.13 million (~$1.3 million) in funding and grant support. This includes an oversubscribed €750,000 (~$860,000) pre-seed financing round backed by CarbonFix, the ATechX Accelerator, IP...

June 19, 2026

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RECPDCL Names Winner of 2 GW Transmission Project in Karnataka

REC Power Development and Consultancy (RECPDCL) has announced the winner of the auction for the development of an intrastate transmission project to evacuate power from a 2,000 MW solar park at Ryapte village in Karnataka’s Tumkur district. The...

June 19, 2026

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Andhra Pradesh Floats Empanelment Tender for Rooftop Solar Projects

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued a request for selection to empanel vendors to set up grid-connected rooftop solar projects at government institutions in the state, under the renewable...

June 19, 2026

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CERC Rejects Wind Developer’s Force Majeure Claim in 200 MW SECI Project

The Central Electricity Regulatory Commission (CERC) has rejected a wind energy developer’s petition seeking discharge from its obligations under a 200 MW interstate transmission system-connected wind power project. The Commission held that...

June 19, 2026

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MSP Steel to Procure Power from Elevate Solar’s 10 MW Project

MSP Steel & Power has announced it will procure 10 MW of solar power from Elevate Solar Energy at a tariff of ₹3.17 (~$0.034)/kWh. The power will be supplied from Elevate’s 50 MW project under development in Chhattisgarh’s Baloda Bazar district....

June 19, 2026

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