Mercom Research Focus
thumbnail
Madhya Pradesh Emerges as a Key Market for Solar Open Access

In the first quarter (Q1) of 2025, Madhya Pradesh emerged as one of the leading states in adding solar open access capacity. With 121.5 MW installed, it recorded the fourth-highest addition during the quarter, contributing over 11...

July 2, 2025

Other

Enhancing Grid Stability and Expanding Renewable Energy Integration

Mercom India is back with the fifth edition of its Renewables Summit 2025, scheduled to take place on July 24-25, 2025, at the Hyatt Regency in New Delhi. As India pursues its renewable energy goals, the Summit serves as a prime o...

July 3, 2025

Electric Vehicles

Electric Vehicle Sales Clock 34% YoY Growth in Q2 2025

Electric vehicle (EV) sales in India reached 530,386 units in the second quarter (Q2) of 2025, an over 34% year-over-year (YoY) increase from 396,719 units. EVs accounted for 8% of the overall automobile sales, which totaled 6,554...

July 1, 2025

Energy Storage

Prostarm, Hindustan Power, Barbrik Among Winners in Bihar’s 500 MWh BESS Auction

Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan Thermal Project (Hindustan Power), and Suryam International have won the Bihar State Power Generation Company’s (BSPGCL) auction to set ...

July 2, 2025

Latest News

thumbnail
$1.2 Trillion Needed for Battery Storage to Support Renewables by 2034: Report

Nearly $1.2 trillion must be invested globally in battery energy storage systems (BESS) to support the installation of over 5,900 GW of new wind and solar capacity through 2034, according to Wood Mackenzie. The deployment of grid-forming technology...

July 4, 2025

thumbnail
Germany Awards 488 MW Solar Plus Storage Projects in Innovation Auction

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 488 MW of solar plus storage capacity in the latest round of its innovation tender for renewable energy projects. The agency received 158 bids totaling 2,020 MW. Out of these, 29 bids...

July 4, 2025

thumbnail
NVVN Issues Tender to Empanel EPC Service Providers for Solar Projects

NTPC Vidyut Vyapar Nigam (NVVN) has issued a tender to empanel engineering, procurement, and construction (EPC) contractors for developing rooftop and ground-mounted solar projects of up to 20 MW per vendor. Bids must be submitted by July 23, 2025....

July 3, 2025

thumbnail
IFC, IndiGrid to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

The International Finance Corporation (IFC) and Mumbai-based power transmission and renewable energy company IndiGrid have announced a partnership to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. The...

July 3, 2025

thumbnail
CleanMax, Toyota Tsusho to Develop 300 MW of Renewable Energy Projects

Mumbai-based CleanMax and Toyota Tsusho India (TTIPL) have formed a new entity to develop 300 MW of renewable energy projects by March 2028, to address the clean energy needs of Japanese corporations in India. The joint venture aims to accelerate...

July 3, 2025

thumbnail
Delhi Metro Floats Tender for 5 MW Rooftop Solar Projects

The Delhi Metro Rail Corporation (DMRCL) has invited bids to set up rooftop solar power projects with a capacity of 5 MW over its Phase-IV metro rail network. Bids must be submitted by July 31, 2025. Bids will be opened on August 1. Bidders must...

July 3, 2025

thumbnail
Daily News Wrap-Up: Bihar Announces Winners of 500 MWh BESS Auction

Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan Thermal Project (Hindustan Power), and Suryam International won the Bihar State Power Generation Company’s (BSPGCL) auction to set up standalone battery...

July 3, 2025

thumbnail
Global Offshore Wind Capacity Additions Fell 26% in 2024 to 8 GW: GWEC

Offshore wind energy capacity additions reached 8 GW at the end of 2024, a 26% decrease from the previous year, according to a report by the Global Wind Energy Council. By the end of 2024, a total of 83 GW of offshore wind power projects had been...

July 3, 2025

thumbnail
Hartek Bags ₹1.38 Billion Substation Contract from PGCIL in Karnataka

Hartek Group, an engineering, procurement, and construction (EPC) company, has secured a contract worth ₹1.38 billion (~$16.05 million) from the Power Grid Corporation of India (PGCIL) to develop a 400 kV air-insulated substation (AIS). In February...

July 2, 2025

MORE NEWS