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Domestic Solar Cell Supply Under Strain as Demand for TOPCon Modules Surges

The implementation of the Approved List of Models and Manufacturers (ALMM) List II mandate for solar cells is causing a TOPCon module supply squeeze, with developers, EPC contractors, and rooftop installers preferring them for the...

June 26, 2026

Mercom Research Focus

When Does It Pay to Give Up PM Surya Ghar Subsidy?

The Ministry of New and Renewable Energy’s (MNRE) option that allows residential consumers to voluntarily forgo subsidies under the PM Surya Ghar: Muft Bijli Yojana could create a separate market opportunity for larger rooftop sol...

June 24, 2026

Grid

Aligning Capacity, Transmission and Demand Key to India’s Renewables Growth

Large-scale renewable energy deployment in India is entering a phase where project capacity must be matched by transmission infrastructure, capital availability, supply chain readiness, land access, and operational coordination. A...

June 26, 2026

Energy Storage

Mapping the Future of Clean Energy with a Robust Energy Storage Ecosystem

Energy storage systems have emerged as a critical pillar of India’s clean energy transition strategy due to their potential to enhance grid reliability, flexibility, and energy security. As solar and wind installations expan...

June 26, 2026

Latest News

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Solar Landscape Secures $125 Million Revolving Credit Facility

Solar Landscape, a U.S.-based commercial rooftop solar developer, has closed an oversubscribed $125 million revolving credit facility led by M&T Bank. Flagstar Bank, Atlantic Union Bank, and Valley Bank participated in the facility. The...

June 26, 2026

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Germany Awards 482 MW of Solar Plus Storage Capacity

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 482.4 MW of solar plus storage projects across 27 bids under the country’s innovation auction program. The auction had invited bids for 475 MW. The accepted bid values ranged from €0....

June 26, 2026

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SWELECT Subsidiary to Acquire 49% Stake in Gridnex Solar

Solar module manufacturer, SWELECT Energy Systems, announced that its wholly owned subsidiary, SWELECT SolarKraft, has signed an agreement to acquire a 49% equity stake in Gridnex Solar Power. Gridnex Solar Power is a wholly owned subsidiary of...

June 26, 2026

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EV Charging Company Terawatt Secures Up to $300 Million Debt Financing

Terawatt Infrastructure, a charging infrastructure platform for autonomous and electric vehicle fleets, has entered into a five-year senior secured financing facility for up to $150 million, with an option to raise an additional $150 million. The...

June 26, 2026

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Spearmint Energy Secures $325 Million for Battery Storage Portfolio

Spearmint Energy, a U.S.-based energy storage company, has secured a $325 million expanded debt facility from Nuveen Energy Infrastructure Credit, Elda River Capital Management, Harrison Street Asset Management, and Aiga Capital Partners. The...

June 26, 2026

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Emerging Cell Technologies Key to India’s Next Solar Leap

The global solar industry is undergoing rapid technological transformation. Emerging cell technologies such as perovskites, heterojunction, back-contact architectures, and tandem cells are driving module efficiencies to new heights and reshaping...

June 26, 2026

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Oman’s Power and Water Procurement Tenders 1.5 GW Solar Projects

Nama Power and Water Procurement (PWP) has issued a request for qualification (RfQ) to develop 1.5 GW of solar power projects in Oman. The tender includes the 1 GW Adam solar project in the Wilayat of Adam, which will be integrated with a battery...

June 26, 2026

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Policy, Grid Infrastructure, and Investments to Shape India’s Clean Energy Expansion

India is expanding renewable energy deployment as it works toward its target of 500 GW of non-fossil fuel-based energy capacity by 2030. The country installed 15.3 GW of solar capacity in the first quarter of 2026, its highest quarterly total,...

June 26, 2026

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Australia Awards 16.1 GWh Battery Storage Projects Under CIS Tender 8

AusEnergy Services (ASL) has selected 15 battery energy storage systems (BESS) totaling 4,205 MW/16,074 MWh under the Capacity Investment Scheme’s (CIS) Tender 8. The projects will deliver dispatchable capacity to the National Electricity Market....

June 26, 2026

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China Sets Renewable Energy Consumption Targets for Industries and Provinces

China’s National Energy Administration has issued measures to set minimum targets for renewable energy consumption in critical energy-intensive industries and assign responsibility weights for renewable power consumption to provincial-level...

June 26, 2026

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