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How Maharashtra’s C&I Solar Projects Can Remain Profitable Despite Banking Curbs

Changes to electricity banking, time-of-day (ToD) tariffs, and grid support charges (GSC) are prompting Maharashtra’s commercial and industrial (C&I) consumers to reassess solar project economics, particularly where inst...

November 13, 2026

Mercom Research Focus

India’s Solar Capacity Rises 21% YoY in 9M Despite Cell Shortages

India installed 27.3 GW of large-scale solar capacity in the first nine months (9M) of the calendar year (CY) 2026, up 21% year-over-year (YoY) compared to 22.5 GW, according to Mercom India Research’s newly released 9M and Q3 202...

November 12, 2026

Grid

Delayed Grid Upgrades Challenge Maharashtra’s Rising Power Demand

Maharashtra is one of India’s largest renewable energy markets, supported by its substantial commercial and industrial base and growing adoption of solar, open access, captive power, and other clean energy solutions. As of June 20...

November 13, 2026

Manufacturing

India’s Solar Manufacturing Sector Heading for Consolidation: Interview

India’s solar manufacturing industry may be heading toward a wave of consolidation over the next two to three years as manufacturers grapple with rising input costs, regulatory uncertainty, overcapacity, and increasing compe...

November 13, 2026

Latest News

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Gujarat May Need 50 Tons a Day of Solar Module Recycling Capacity by 2035

Gujarat is one of India’s leading states for solar installations. As of June 2026, the state ranked second in cumulative large-scale solar installations, with approximately 30.1 GW of installed capacity, representing 22% of the national total....

November 13, 2026

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Daily News Wrap-Up: India’s Solar Capacity Rises 21% YoY in 9M 2026

India installed 27.3 GW of large-scale solar capacity in the first nine months (9M) of the calendar year 2026, up 21% year-over-year (YoY) compared to 22.5 GW, according to Mercom India Research’s newly released 9M and Q3 2026 India Solar Market...

November 13, 2026

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Calibrant Energy Secures $145 Million for Solar, Battery Storage Projects

Calibrant Energy, an on-site energy solutions provider that develops and finances distributed energy projects for large commercial and industrial power consumers, has closed a $145 million debt facility. Investec led the financing, with Citi,...

November 13, 2026

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Altus Power Acquires Nearly 200 MW Solar Portfolio from Arevon

Altus Power, an independent developer, owner, and operator of commercial-scale solar projects, has acquired 92 projects across 13 states from Arevon, adding nearly 200 MW of solar capacity and 10 MWh of battery storage to its operating portfolio....

November 13, 2026

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Government Proposes Domestic Content Rules for Battery Storage Projects

The Ministry of Power (MoP) has proposed amendments to the tariff-based competitive bidding guidelines for solar, wind-solar hybrid, firm and dispatchable renewable energy (FDRE), and battery energy storage system (BESS) projects to incorporate...

November 12, 2026

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Bengaluru Tech Park Targets Lower Power Costs with Rooftop Solar System

Commercial buildings and technology parks are installing rooftop solar to bring down their electricity expenses and meet a larger share of their power needs on-site. Most such facilities have high daytime electricity usage due to air conditioning,...

November 12, 2026

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Greenjoules Raises ₹1.5 Billion in Series B Funding for Biocrude Facility

Pune-based renewable fuels company Greenjoules has raised ₹1.5 billion (~$16.01 million) in a Series B funding round co-led by Amazon’s Smbhav Venture Fund and Climate Pledge Fund. Zerodha’s investment arm Rainmatter and Singularity’s...

November 12, 2026

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