Mercom Research Focus
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Corporate Solar Funding Declines 39% YoY Amid Policy Uncertainties

Total global corporate funding for the solar sector dropped by 39% year-over-year (YoY) to $10.8 billion in the first half (1H) of 2025 from $17.6 billion, according to Mercom India’s newly released 1H and Q2 2025 Solar Funding an...

July 18, 2025

Mercom Research Focus

Maharashtra’s Energy Banking Rules Could Limit Solar Capacity Additions

Solar project developers fear a significant drop in capacity additions among Maharashtra’s prosumers because of the Maharashtra Electricity Regulatory Commission’s (MERC) proposal to impose energy banking restrictions. The MERC ta...

July 15, 2025

Finance and M&A

Government Allows NTPC, NLC to Invest ₹270 Billion in Green Energy Arms

In a major push for clean energy, the government has allowed two central public sector enterprises to invest up to ₹270 billion (~$3.14 billion) in their renewable energy subsidiaries. The decision by the Cabinet Committee on Econ...

July 17, 2025

Markets & Policy

US Solar Manufacturers File Trade Petitions Against Solar Exports from India

The Alliance for American Solar Manufacturing and Trade has filed new anti-dumping and countervailing duty petitions with the U.S. International Trade Commission (USITC) and the U.S. Department of Commerce against imports of cryst...

July 18, 2025

Latest News

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Sterling and Wilson’s Q1 FY 2026 Profit Up 680% on Project Execution Growth

Sterling and Wilson Renewable Energy (SWREL) revenue from operations rose to ₹17.62 billion (~$204.88 million) in the first quarter (Q1) of the financial year (FY) 2026, a 93% year-on-year (YoY) increase from ₹9.15 billion (~$106.4 million). This...

July 18, 2025

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Karnataka Electricity Regulator Issues Deviation Settlement Guidelines

The Karnataka Electricity Regulatory Commission (KERC) has issued the Intra-State Deviation Settlement Mechanism and Related Matters Regulations, 2025, to establish a commercial mechanism to ensure grid users’ adherence to scheduled electricity...

July 18, 2025

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US to Tighten Federal Review of Solar and Wind Energy Projects

The U.S. Department of the Interior (DOI) has announced it is ending the preferential treatment of ‘unreliable’ and subsidy-reliant wind and solar energy. All DOI-related decisions and actions regarding wind and solar energy facilities will be...

July 18, 2025

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Waaree’s Q1 FY 2026 Revenue Jumps 155% as EPC Segment Grows

Waaree Renewable Technologies, the engineering, procurement, and construction arm of the Waaree Group, reported a consolidated revenue from operations of ₹6.03 billion (~$70.23 million) for the first quarter (Q1) of the financial year (FY) 2026, a...

July 18, 2025

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NTPC Green Invites Bids to Select Coordinating Agency for 250 MW Solar Project

NTPC Green Energy has invited bids for the deployment of a Qualified Coordinating Agency (QCA) to provide forecasting, scheduling, and punching of finalized schedules into the relevant grid portal and aggregation services for its 250 MW solar power...

July 18, 2025

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Daily News Wrap-Up: Center Extends NTPC, NLC Investment Cap in Subsidiaries

In a major push for clean energy, the government allowed two central public sector enterprises to invest up to ₹270 billion (~$3.14 billion) in their renewable energy subsidiaries. The decision by the Cabinet Committee on Economic Affairs (CCEA) is...

July 18, 2025

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Inox Wind to Raise ₹12.5 Billion Through Rights Issues of Shares

Noida-based wind energy solutions company Inox Wind’s board of directors has approved raising ₹12.5 billion (~$145.16 million) through the issuance of equity shares worth ₹10 (~$0.12) per share to its existing shareholders. The timing and other...

July 17, 2025

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Germany Awards 255 MW Solar Projects on Buildings and Noise Barriers

Germany’s Federal Network Agency (Bundesnetzagentur) has awarded 255 MW of solar projects on buildings and noise barriers in its latest tender round. Out of the 127 bids received for a total capacity of 274 MW in response to the tendered capacity of...

July 17, 2025

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