Mercom Research Focus
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CERC’s Connectivity Relief a Double-Edged Sword for Delayed Renewable Projects

As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time t...

August 24, 2026

Energy Storage

SECI Announces Winners of 6 GWh Peak Power Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate tra...

August 22, 2026

Mercom Research Focus

India’s Solar Imports Rise 50% YoY in Q2 2026, Exports Plunge 88%

Solar cell imports in the second quarter (Q2) of 2026 rose 33.2%, while module imports fell 75.5% compared to the previous quarter. This contrast reflects India’s expanding domestic module manufacturing base, which is increasing d...

August 21, 2026

Featured

Rooftop Solar’s BoS Quality Problem Extends Beyond Component Selection

As India’s rooftop solar market expands, the quality of balance-of-system (BoS) components and installation practices is becoming increasingly important to project performance. Failures involving connectors, cables, isolators, mou...

August 21, 2026

Latest News

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Swift Current Energy Closes $750 Million Corporate Credit Facility

Swift Current Energy, a renewable energy project developer, has closed a $750 million corporate credit facility that includes a $250 million accordion option that could increase its total capacity to up to $1 billion. The company said the...

August 24, 2026

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Scatec Plans Increasing Battery Storage Capacity Fivefold, Q2 Revenue Up 4%

Norway-based renewable energy solutions provider Scatec posted revenue of NOK1.37 billion (~$147.3 million) in the second quarter (Q2) of 2026, up 4% year-over-year (YoY) from NOK1.32 billion (~$141.6 million). Earnings before interest, taxes,...

August 24, 2026

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IREDA’s Q1 Revenue Up 15% on Higher Loan Interest Accruals

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a revenue from operations of ₹22.5 billion (~$235.2 million) in the first quarter (Q1) of the financial year (FY) 2027, up 15% year-over-year (YoY) compared with ₹19....

August 21, 2026

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ABRen Secures $1.6 Billion from MUFG to Fund Sprng Energy Acquisition

Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ Financial Group (MUFG) for its proposed acquisition of Solenergi Power, which...

August 21, 2026

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Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project

Coal India (CIL) has invited bids for a rupee term loan of ₹7.13 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS) project in Choutuppal, Telangana. The last date to submit the bids is September...

August 21, 2026

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GMIDC Tenders 150 MW Floating Solar Plus 150 MWh Battery Storage Project

Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EoI) to set up a 150 MW floating solar project with at least 75 MW/150 MWh of battery energy storage system on the reservoir surface of Mula Major...

August 21, 2026

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GAIL Invites Bids to Augment 5 MW Solar Project in Rajasthan

GAIL (India) has invited bids for the engineering, procurement, and construction (EPC) of approximately 1.2 MW of additional solar capacity at its existing 5 MW solar project in Ramgarh, Jaisalmer, Rajasthan. The last date to submit bids is...

August 21, 2026

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PFC Consulting Awards Project to Evacuate 14 GW of Renewables in Gujarat

PFC Consulting has announced the winner of the auction for a common transmission system to evacuate 14 GW of renewable power from Lakadia (Phase-II: 7.5 GW), Jam Khambhaliya (Phase-II: 5.5 GW), and Jamnagar (Phase-I: 1 GW) Part-A transmission...

August 21, 2026

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