Mercom Research Focus
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India’s Q3 2026 Renewable Policies Prioritize Grid Stability, Project Execution

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

Featured

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

Grid

Haryana Regulator Scraps Power Distribution License Granted to Private Entity

The Haryana Electricity Regulatory Commission (HERC) has decided not to implement the parallel electricity distribution license granted to a private entity for the Gurugram and Nuh revenue districts, following directions from the ...

October 29, 2026

Solar

LEAPTING Eyes Expansion in India as Solar Cleaning Robots Gain Ground

As India’s utility-scale solar installations expand, developers are increasingly adopting robotic cleaning systems to cut water use, increase cleaning frequency, and manage operations and maintenance (O&M) costs. Solar r...

October 29, 2026

Latest News

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IEX’s Q2 Revenue Rises 8% as Electricity Trading Volumes Grow

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year (YoY) increase from ₹1.54 billion (~$16.18 million). Profit after tax (PAT) rose...

October 29, 2026

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ACME Solar’s Q2 Profit Jumps 134% YoY on Renewable and Storage Growth

Gurugram-based independent power producer ACME Solar Holdings reported a total income of ₹10.07 billion (~$100.7 million) in the second quarter (Q2) of the financial year (FY) 2027, up 67.5% year-over-year (YoY) from ₹6.01 billion (~$60.1 million)....

October 29, 2026

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APGENCO Invites Bids to Supply Solar Modules for 400 MW Solar Project

Andhra Pradesh Power Generation Corporation (APGENCO) has invited bids to supply solar modules for its 400 MW grid-connected solar power project in Anantapuramu district, Andhra Pradesh. The project involves supplying 1.65 MWp of modules. The last...

October 29, 2026

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UPERC Approves Noida Power’s 300 MW RTC Renewable Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved Noida Power Company’s (NPCL) proposal to procure 300 MW of firm and dispatchable renewable energy on a round-the-clock (RE-RTC) basis for 25 years through tariff-based...

October 29, 2026

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ENNA Solar to Acquire 166 MW Solar, 612 MWh Battery Storage Project in Romania

ENNA Solar, a unit of Croatian-based renewables and logistics company ENNA Group, has signed an agreement to acquire a 166 MW solar project with a 612 MWh battery energy storage system in Romania. The company signed a share purchase agreement to...

October 29, 2026

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Otovo Raises $3 Million in Private Placement to Fund Acquisitions

Otovo, an artificial intelligence-enabled platform providing behind-the-meter energy services for homes and businesses, has completed a $3 million private placement to fund strategic acquisitions, merger and acquisition opportunities, costs related...

October 29, 2026

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Tamil Nadu Mandates Battery Storage for New Solar, Hybrid Projects

The Tamil Nadu government has introduced the Battery Energy Storage Systems Policy, 2026, mandating battery storage for new solar and wind-solar hybrid projects of 1 MW and above. New solar and hybrid projects must install battery storage capacity...

October 29, 2026

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CEA Gauges Industry Readiness for Innovations in Transmission Technologies

The Central Electricity Authority (CEA) has sought details from manufacturers on their readiness to develop innovative transmission technologies to address right-of-way (RoW) challenges in India’s power transmission infrastructure. The CEA...

October 29, 2026

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Gujarat Approves Tariffs for 450 MW/900 MWh Battery Storage Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved the tariffs proposed by Gujarat Urja Vikas Nigam (GUVNL) to procure 450 MW/900 MWh of standalone battery energy storage system capacity under its Phase IX tender. The Commission...

October 29, 2026

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SECI Invites Bids for Solar Project on Delhi-Dehradun Expressway

The Solar Energy Corporation of India (SECI) has invited bids to develop a grid-connected solar project on the elevated section of the Delhi-Dehradun Expressway (NH 709B) for the National Highways Authority of India (NHAI). The project, with a...

October 29, 2026

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