Mercom Research Focus
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India’s Policies Shift Focus to Storage, Grid Reliability, and Compliance in Q1 2026

India’s renewable energy sector is entering a phase of stricter regulatory compliance, growing integration of storage, and evolving market structures, according to Mercom India’s newly released Q1 2026 Renewable Energy Policy Impa...

May 19, 2026

Energy Storage

NLC India Announces Winner of 250 MW/500 MWh EPC Battery Storage Auction

NLC India has announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s substations. Pace Digitek won the auction for the engineering, procurem...

May 18, 2026

Solar

SECI Announces Winner of 10 MW Solar Auction

The Solar Energy Corporation of India (SECI) has announced the winner of its auction to set up a 10 MW grid-connected solar project in Odisha. BNC Power Projects won the auction, quoting a tariff of ₹2.60 (~$0.0271)/kWh. The tende...

May 15, 2026

Renewable Energy

India’s RTC Push Is Laying the Groundwork for Hourly Clean Energy Matching: Interview

India’s power system has advanced in time-based operations, with electricity scheduled and dispatched in 15-minute intervals. Yet, the country’s clean energy accounting still largely operates on an annual basis, masking the mismat...

May 19, 2026

Latest News

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Telangana Proposes Allowing Recovery of FCA Charges Beyond ₹0.3/kWh

The Telangana Electricity Regulatory Commission (TGERC) has proposed removing the cap on the recovery of fuel cost adjustment (FCA) charges of  ₹0.3 (~$0.003)/kWh. The proposed amendment allows FCA charges above ₹0.3(~$0.003)/kWh to be adjusted...

May 19, 2026

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Power Ministry Approves Transmission Lines for 650 MW Renewable Projects

The Ministry of Power has authorized three renewable energy companies to lay overhead transmission lines to connect 650 MW of renewable energy projects in Rajasthan and Andhra Pradesh. The authorizations were granted under Section 164 of the...

May 19, 2026

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Municipal Corporation in Andhra Pradesh Tenders 4.5 MW Solar Projects

Rajamahendravaram Municipal Corporation (RMC) has floated two tenders for the development of grid-connected solar projects in Andhra Pradesh, with a cumulative capacity of 4.5 MW. Bids must be submitted by May 29, 2026. Bids will be opened on May 30....

May 19, 2026

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Levelized Cost of Solar-Plus-Storage Fell to $54-82/MWh in 2025: IRENA

Firm-levelized cost of energy (LCOE) for solar plus storage solutions fell to $54-82/MWh by 2025 in high-irradiance solar regions and strong wind corridors globally from over $100/MWh in 2020, according to a report by the International Renewable...

May 19, 2026

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Madhya Pradesh Proposes Easing Net Metering Process Under PM Surya Ghar

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued the draft First Amendment to the Grid Interactive Renewable Energy Systems Related Matters Regulations, 2024, incorporating provisions related to the PM Surya Ghar: Muft Bijli...

May 19, 2026

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Elong Power Holding Closes $6 Million Public Offering

Elong Power Holding, a company that provides lithium-ion battery solutions for energy storage systems and electric vehicles, has announced the closing of its $6 million underwritten public offering, before deducting placement agent fees, legal fees,...

May 19, 2026

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Enel to Acquire 270 MW US Solar Portfolio for $140 Million

Enel, through its wholly owned subsidiary Enel Green Power North America, has signed an agreement with a U.S. utility to acquire seven operational solar projects. The solar portfolio has a total installed capacity of approximately 270 MW and is...

May 19, 2026

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ReNew’s FY 2026 Net Profit Doubles as Capacity Additions Sustain Momentum

Decarbonization solutions company ReNew’s revenue for the fourth quarter (Q4) of financial year (FY) 2025-26 rose 9.5% to ₹31.79 billion (~$330.44 million) from ₹29.05 billion (~$301.89 million). The growth was driven by higher revenue from...

May 19, 2026

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Bondada Engineering Secures BoS Orders for Adani’s 250 MW Solar Project

Engineering, procurement, and construction company Bondada Engineering has received multiple orders from Adani Green Energy (AGEL) and Adani Green Energy Six totaling ₹4.7 billion (~$48.9 million) for the balance-of-system (BoS) package of a 250 MW...

May 19, 2026

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