Mercom Research Focus
thumbnail
India Added 119 GW Solar Module and 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar module and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. The manufacturing expansion was driven by demand from India’...

March 18, 2026

Mercom Research Focus

Easing Group Captive Power Norms May Boost C&I Participation

The Ministry of Power’s (MoP) relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual proportionality requirement, have raised hopes of increased open a...

March 17, 2026

Mercom Research Focus

High Temperatures Emerge as Key Risk for Battery Storage in India

India’s battery energy storage market is entering a new phase of growth, but developers are increasingly facing a constraint that traditional project models have not fully captured: heat. In key renewable hubs such as Rajast...

March 18, 2026

Manufacturing

Use of ALMM-listed Solar Wafers Mandatory a Week After List Publication

The Ministry of New and Renewable Energy has expanded the Approved List of Models and Manufacturers (ALMM) framework by introducing a seven-day cut-off window after the publication of the initial solar wafers list to determine pro...

March 18, 2026

Latest News

thumbnail
CEA Allows Type Testing of Power Equipment at Manufacturer’s NABL Labs

The Central Electricity Authority (CEA) has clarified that a manufacturer’s laboratory accredited to the National Accreditation Board for Testing and Calibration Laboratories can be used to qualify equipment for type tests in the power sector. The...

March 20, 2026

thumbnail
CERC Approves Tariffs for NHPC’s 1.2 GW Wind-Solar Hybrid Power Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.41 (~$0.036)/kWh and ₹3.42 (~$0.037)/kWh for NHPC’s 1.2 GW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects with a greenshoe option....

March 20, 2026

thumbnail
MHI Invites Bids to Set Up Rare Earth Permanent Magnets Manufacturing

The Ministry of Heavy Industries has invited bids to establish domestic manufacturing capacity for sintered neodymium-iron-boron (NdFeB) rare earth permanent magnets, widely used in electric vehicles, wind turbines, high-end electronics, aerospace,...

March 20, 2026

thumbnail
ILJIN Electronics to Raise ₹2.96 Billion from Amber Group Through Rights Issue

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group, through a rights issue. Upon completion of the transaction, Amber will hold an 89....

March 20, 2026

thumbnail
PFC to Raise ₹1.6 Trillion from Indian and Global Markets

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) board has approved a plan to borrow up to ₹1.6 trillion (~$17.16 billion) from domestic and international markets through a wide range of instruments for the financial year...

March 20, 2026

thumbnail
SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic partnership with U.S.-based FortifyGrid, to form a joint venture (JV) company for the...

March 20, 2026

thumbnail
GAIL Invests ₹130 Million in JV with TruAlt to Develop Biogas Plants

Ethanol producer TruAlt Bioenergy’s subsidiary, Leafiniti Bioenergy, a compressed biogas (CBG) company, has received an investment of ₹130 million (~$1.4 million) through an equity share subscription from GAIL (India) for implementing CBG projects...

March 20, 2026

thumbnail
Bluspring Acquires STEAG India Unit to Strengthen Energy Services

Integrated infrastructure services company Bluspring Enterprises has announced that its wholly owned subsidiary, Bluspring New Horizon One (BNHOPL), has executed a share purchase agreement with Germany-based STEAG Energy and STEAG Energy Services...

March 20, 2026

thumbnail
Rajasthan Invites Bids to Install 4.5 MW Rooftop Solar Systems at Thermal Plants

Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) has invited bids to install 4.5 MW rooftop solar systems on 44 buildings and civil structures at Suratgarh Thermal Power Station and Suratgarh Supercritical Thermal Power Station in Sriganganagar,...

March 20, 2026

thumbnail
CPWD Tenders 2.3 MW of Solar Projects in Andhra Pradesh

The Central Public Works Department (CPWD) has issued two tenders to set up a cumulative 2,315 kW of grid-connected rooftop solar and solar parking projects at the Indian Institute of Technology (IIT) and the Indian Institute of Science Education...

March 20, 2026

MORE NEWS