Mercom Research Focus
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India’s Solar Exports Up 65% in Q3 2025, Imports Down 15.1%

India exported solar cells and modules worth over $344.5 million (~₹30 billion) in the third quarter (Q3) of 2025, a 65.2% year-over-year (YoY) increase from $208.5 million (~₹17.46 billion), according to data from the Department ...

December 8, 2025

Rooftop

PM Surya Ghar Rooftop Solar Reaches 2.4 Million Homes, Hits 24% of Target

India has installed rooftop solar systems in 2,396,497 residential households under PM Surya Ghar: Muft Bijli Yojana so far, reaching nearly 24% of the 10 million target set for the financial year (FY) 2026–27. As of December 3, 2...

December 8, 2025

Manufacturing

MNRE Flags Solar Module Glut, Asks Lenders to Fund Upstream Manufacturing

In a move that could reshape India’s solar manufacturing, the Ministry of New and Renewable Energy (MNRE) has asked the Department of Financial Services to advise banks, financial institutions, and non-banking financial companies ...

December 5, 2025

Mercom Research Focus

Solar Open Access to Gather Steam in Uttar Pradesh as Data Centers Mushroom

Driven by the rapid expansion of data centers in Uttar Pradesh, demand for solar open access in the state is expected to double over the next three years. According to the Mercom India Solar Open Access Project Tracker, steel, met...

December 5, 2025

Latest News

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RenewSys to Supply 1.1 GW POE Encapsulants to Kosol Energie

Mumbai-headquartered integrated solar module manufacturer RenewSys has signed a 1.1 GW supply agreement for its polyolefin elastomer (POE) encapsulants with Kosol Energie. Encapsulant is a protective layer for shielding solar cells from...

December 8, 2025

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Transformers and Rectifiers Bags ₹533 Million Order from POWERGRID

Power equipment manufacturer Transformers and Rectifiers (TARIL) has secured an order valued at ₹533.3 million (~$5.93 million) from Power Grid Corporation of India for the repair, erection, testing, and commissioning of a 397 MVA high-voltage...

December 8, 2025

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Rajasthan Electronics Floats Tender for 10 MW Rooftop Solar Projects

Rajasthan Electronics and Instruments (REIL) has invited bids to commission 10 MW of grid-connected rooftop solar projects on state government buildings. The estimated cost of the work is ₹494.7 million (~$5.48 million). Bids must be submitted by...

December 8, 2025

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Daily News Wrap-Up: UP Solar Open Access Gains Pace with Data Centers

Driven by the rapid expansion of data centers in Uttar Pradesh, demand for solar open access in the state is expected to double over the next three years. According to the Mercom India Solar Open Access Project Tracker, steel, metals, and mining...

December 8, 2025

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Tamil Nadu Electricity Regulator Approves TNGECL’s 420 MW KUSUM Tender

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved The Tamil Nadu Green Energy Corporation’s (TNGECL) proposal to float a tender to procure 420 MW of solar energy under Component A of the Pradhan Mantri Kisan Urja Suraksha evam...

December 8, 2025

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Month in a Minute: Top Headlines from the Indian Renewable Sector in November 2025

India added a solar capacity of 26.6 GW in the first nine months (9M) of 2025, an increase of 53.7% year-over-year (YoY) from 17.3 GW, according to the newly released Q3 2025 India Solar Market Update Report by Mercom India Research. Large-scale...

December 5, 2025

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TNGECL Invites Bids for 20 MW Rooftop Solar Projects on Government Buildings

The Tamil Nadu Green Energy Corporation (TNGECL) has floated a tender to set up 20 MW of grid-connected rooftop solar projects on government buildings across the state under the renewable energy service company model on a net feed-in mechanism. Bids...

December 5, 2025

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