Mercom Research Focus
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Energy Storage Attracts $2.8 Billion in Venture Capital in 9M 2025

Corporate funding for energy storage companies came in at $11.2 billion across 85 deals in the first nine months (9M) of 2025, down 36% year-over-year (YoY) from $17.6 billion across 83 deals, according to Mercom Capital Group’s 9...

November 4, 2025

Market & Policy

Government Asserts Proposed Reforms Will Cut Cost of Electricity Supply

The Ministry of Power has asserted that government-owned distribution companies (DISCOM) will continue to operate alongside private licensees in a regulated, level-playing environment, while referring to the Electricity (Amendment...

October 31, 2025

Markets & Policy

Uttar Pradesh Issues New Framework for Captive Renewable Energy Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has notified the Captive and Renewable Energy Generating Plants Regulations, 2024, setting a comprehensive framework for renewable and captive generation in the state fro...

October 28, 2025

Markets & Policy

Haryana Issues Tariff Determination Terms for Renewable Energy Projects

The Haryana Electricity Regulatory Commission (HERC) has issued the terms and conditions for determining tariffs for renewable energy projects, renewable purchase obligations, and renewable energy certificates. The regulations wil...

October 30, 2025

Latest News

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Sadbhav Bags Contract to Install 90 MW Residential Rooftop Solar Systems

Sadbhav Futuretech has won a contract to install 90 MW of rooftop solar systems on the residences of Scheduled Castes (SC) and Scheduled Tribes (ST) under the PM Surya Ghar: Muft Bijli Yojana program, in the state of Andhra Pradesh. The total...

November 4, 2025

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NVVN Tenders 1 MW Solar Project for GAIL in Rajasthan

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids to develop a 1 MW grid-connected ground-mounted solar project at GAIL Ajmer, Rajasthan. Only bidders already empaneled with NVVN are eligible to participate in the tender. Bids must be submitted by...

November 4, 2025

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Green Energy Trade on IEX Up 21% YoY in October 2025

The Indian Energy Exchange (IEX) traded 11,233 million units (MU) of electricity in October 2025, representing a 16.5% year-over-year (YoY) increase. According to the government data published in September 2025, India’s energy consumption reached...

November 4, 2025

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Daily News Wrap-Up: Indian Oil Floats 1 MW Solar EPC Tender

Indian Oil Corporation invited bids for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected solar power project at its LPG bottling plant in Tikri Kalan, Delhi, along with five years of comprehensive operation and...

November 4, 2025

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Higher Power Sales Drive Scatec’s Q3 Revenue 22% YoY

Norway-based renewable energy solutions provider Scatec posted a revenue of NOK2.95 billion (~$291.73 million) in the third quarter (Q3) of 2025, a 22% year-over-year (YoY) increase from NOK2.14 billion (~$211.61 million). The company’s earnings...

November 4, 2025

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Tata Capital, GCF Partner to Support Climate-Tech Startups in India

Tata Capital (TCL), the financial services company of the Tata Group, has partnered with the Green Climate Fund (GCF) under its newly approved BEACON India program to support early-stage climate tech startups in India, investing a total of $66.45...

November 4, 2025

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MENA Weekly Round-Up: Saudi Arabia Awards 4.5 GW Renewable Projects

The Saudi Power Procurement Company awarded four solar and one wind projects totaling 4.5 GW in the sixth phase of the National Renewable Energy Program. Abu Dhabi Future Energy Company (Masdar) won the 1.4 GW Najran solar project at a levelized...

November 3, 2025

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Indian Oil Floats EPC Tender for 1 MW Solar Power Project

Indian Oil Corporation has invited bids for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected solar power project at its LPG bottling plant in Tikri Kalan, Delhi, along with five years of comprehensive operation and...

November 3, 2025

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Australian Premium Solar Commissions 400 MW TOPCon Module Plant

Module manufacturer Australian Premium Solar has commissioned a 400 MW module manufacturing plant in Sabarkantha, Gujarat. The plant will produce tunnel oxide passivated contact (TOPCon) solar modules. With the commencement of this manufacturing...

November 3, 2025

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