Mercom Research Focus
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Top Solar Project Operations & Maintenance Service Providers in 2025

Inox Green Energy Services, Mitarsh Energy, Jakson Green, Inspire Clean Energy, and Sterling & Wilson emerged as the top solar project operations and maintenance (O&M) service providers in India for 2025, according to Merc...

April 22, 2026

Mercom Research Focus

Trina, Waaree, Goldi, Rayzon, and Saatvik Lead Solar Module Supply in 2025

Trina Solar, Waaree Energies, Goldi Solar, Rayzon Solar, and Saatvik Green Energy were the top solar module suppliers in 2025, according to Mercom’s recently released India Solar Market Leaderboard 2026. India’s solar module deman...

April 20, 2026

Markets & Policy

High Irradiance, Low Installations: The Solar Gap in Eastern and Central India

India’s average solar irradiance ranges from 3.5–5.5 kWh/m²/day across the country, with nearly every state offering significant potential for solar energy generation. However, several states with high irradiance and ample wastela...

April 21, 2026

Markets & Policy

APTEL Rules CAG Not Appropriate Body to Audit Delhi DISCOMs

The Appellate Tribunal for Electricity (APTEL) has set aside the Delhi Electricity Regulatory Commission’s (DERC) decision to appoint the Comptroller and Auditor General (CAG) to audit Delhi’s power distribution compan...

April 21, 2026

Latest News

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ABCI Infrastructures Wins CESC’s 80 MWh Battery Storage System Auction

ABCI Infrastructures has won Calcutta Electric Supply Corporation’s (CESC) auction to set up a 40 MW/80 MWh standalone battery energy storage system at the New Cossipore generating station in Kolkata, West Bengal. ABCI Infrastructures has won the...

April 22, 2026

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Canadian Solar Wins TOPCon Solar Cell Patent Claims by Trina

The Patent Trial and Appeal Board of the U.S. Patent and Trademark Office (USPTO) has invalidated all claims by Trina Solar on two TOPCon (Tunnel Oxide Passivated Contact) solar cell patents against certain subsidiaries of Canadian Solar. The USPTO...

April 22, 2026

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Global Wind Energy Installations Hit 165 GW In 2025, Up 40% YoY

The global wind energy sector recorded 165 GW of new grid-connected capacity installed in 2025, marking the highest annual addition on record and taking total installed capacity worldwide to 1,299 GW, a 40% year-on-year increase, according to the...

April 22, 2026

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L&T Energy GreenTech Signs Green Ammonia Supply Deal With ITOCHU

L&T Energy GreenTech (LTEGL), a wholly owned subsidiary of Larsen and Toubro (L&T), has signed a long-term agreement with Japan-based ITOCHU Corporation to supply 300,000 metric tons of green ammonia annually from a proposed facility in...

April 22, 2026

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Daily News Wrap-Up: CAG Not Appropriate Body to Audit Delhi DISCOMs

The Appellate Tribunal for Electricity (APTEL) set aside the Delhi Electricity Regulatory Commission’s (DERC) decision to appoint the Comptroller and Auditor General (CAG) to audit Delhi’s power distribution companies (DISCOMs), holding that the...

April 22, 2026

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Funding and M&A Roundup: Sigenergy Technology Raises $562 Million in IPO

From: Mercom Capital Group Sigenergy Technology, a provider of home battery storage and commercial solar solutions, raised over HK$4.4 billion (~$562 million) through its initial public offering (IPO) on the Hong Kong Stock Exchange. The...

April 22, 2026

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Project Finance Brief: Elgin Secures $672 Million for Solar, Storage Pipeline

From: Mercom Capital Group Elgin, an integrated, utility-scale solar and storage independent power producer, secured up to £500 million (~$672 million) of funding from a banking syndicate to accelerate the build-out of its U.K. pipeline over the...

April 22, 2026

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Evren Secures $600 Million for FDRE Project in Andhra Pradesh and Rajasthan

Renewable energy company Evren has secured approximately $600 million from lenders, including SMBC, Standard Chartered Bank, MUFG, DBS Bank, Crédit Agricole CIB, and BNP Paribas, to develop a 1 GW hybrid firm and dispatchable renewable energy (FDRE)...

April 22, 2026

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NavPrakriti to Invest ₹1 Billion in Odisha Critical Minerals Facility

NavPrakriti, an eastern India-based lithium-ion battery recycling and refurbishment company, has announced plans to invest over ₹1 billion (~$10.7 million) to set up a greenfield critical minerals refining facility in Odisha. The company plans to...

April 22, 2026

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