Mercom Research Focus
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Solar Open Access Installations in India Surge 160% YoY to 2.7 GW

India added 2.7 GW of solar open access capacity in the first quarter (Q1) of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55% quarter-over-quarter increase from 1.7 GW and 160% year-o...

May 21, 2026

Mercom Research Focus

Kerala Begins Shifting Toward Solar-Plus-Storage as Rooftop Market Matures

Kerala’s residential rooftop solar market has seen a strong demand for solar-plus-storage systems over the past year. Consumers who previously chose standard grid-connected rooftop solar systems are now showing interest in adding ...

May 20, 2026

Markets & Policy

India’s Solar Hour Peaks Hold, But Evening Power Gaps Pose Challenges

India is meeting new energy peaks during the day this summer, but come sundown, power shortages are becoming more frequent. Consider this: On May 19, 2026, at 3.40 PM, energy demand surged to a new high of 260.45 GW and was met wi...

May 20, 2026

Manufacturing

Solar Cell Manufacturers Need Transition Window to Bridge Supply Gap: Interview

India has mandated the use of India-made solar cells in solar projects from June 1, 2026, under the Approved List of Models and Manufacturers (ALMM) to boost domestic solar manufacturing. While the policy initiative has been welco...

May 20, 2026

Latest News

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Grasim Industries to Source Power from Ampin’s 52.3 MW Hybrid Renewable Project

Grasim Industries, a flagship company of the Aditya Birla Group, will procure renewable power from a 52.3 MW wind-solar hybrid project being developed by Ampin C&I Power Thirty in Harihar, Karnataka. The project comprises 25.30 MW of solar...

May 21, 2026

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KEI Industries to Source Power from BluePine’s 11 MW Solar Project

KEI Industries, a manufacturer and supplier of electrical wires, cables, and engineering, procurement, and construction (EPC) services, has signed agreements to source power from BluPine Energy’s special purpose vehicle (SPV), Solarcraft Power India...

May 21, 2026

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US Adds Record 9.7 GWh of Energy Storage Capacity in Q1 2026: Report

Despite policies disincentivizing clean energy growth, the U.S. added a record 9.7 GWh of energy storage capacity in the first quarter (Q1) of 2026, up 32% year-over-year (YoY), according to a joint report by Solar Energy Industries Association...

May 21, 2026

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CERC Proposes New Connectivity Rules for Storage and Renewable Projects

The Central Electricity Regulatory Commission (CERC) has proposed a new framework for grid connectivity withdrawal, energy storage systems, land bank guarantees, source change, return of connectivity bank guarantees (Conn-BGs), drawee connectivity,...

May 21, 2026

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Saatvik’s Q4 Revenue Soars on Product Diversification, Backward Integration

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue of ₹16.07 billion (~$167 million) in the fourth quarter (Q4) of the financial year (FY) 2026, increasing 75% year-over-year (YoY). The company attributed its revenue...

May 21, 2026

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Airports Authority Floats Maintenance Tender for 1.5 MW Rooftop Solar Project

The Airports Authority of India has invited bids for the facility management and comprehensive maintenance contract of a 1.5 MW grid-connected rooftop solar project at the Integrated Cargo Complex, Chennai Airport, for three years. The scope of work...

May 21, 2026

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GridStor Acquires 199 MW Colorado Battery Storage Project from Accelergen

GridStor, a developer and operator of utility-scale battery energy storage projects, has acquired the 199 MW/796 MWh Birdseye battery storage project in Adams County, Colorado, from Accelergen. The company said the acquisition is its fifth in the...

May 21, 2026

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Hull Street Energy to Acquire 1.4 GW Clean Power Portfolio

Hull Street Energy, a U.S.-based investment firm focused on power infrastructure, has signed an agreement to acquire FirstLight USA from the Public Sector Pension Investment Board. The acquisition includes nearly 1,400 MW of clean power generation...

May 21, 2026

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SECI Invites Bids for 5.5 MW of Rooftop Solar Projects at Delhi University

The Solar Energy Corporation of India (SECI) has invited bids to set up 5.5 MW of grid-connected rooftop solar projects at the University of Delhi’s North Campus under the renewable energy service company model (Tranche X). The last date to submit...

May 21, 2026

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SAEL Commissions 600 MW Solar Projects in Andhra Pradesh

New Delhi-based SAEL Industries has commissioned 600 MW of solar power projects in Andhra Pradesh’s YSR Kadapa district. The projects, SAEL Solar MHP1 and SAEL Solar MHP2, each have a capacity of 300 MW. SAEL Solar MHP1 achieved commercial...

May 21, 2026

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