Solar

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Weak Vendor Rules, Financing Hurdles Hit Andhra Pradesh’s Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial, , and policy-related challenges. While residential demand remains supported by...

June 19, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Renewable Energy Developer AXIAN Energy Secures $60 Million

AXIAN Energy, an Arica-based renewable energy developer and a subsidiary of the AXIAN Group, has signed a $60 million financing facility with Mauritius Commercial Bank...

June 18, 2026

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Dibin DB

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Finance and M&A

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Solar
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Uttar Pradesh Approves PPAs for 130 MW of Solar Power Under KUSUM

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 44 power purchase agreements (PPAs) signed by Uttar Pradesh Power Corporation (UPPCL) to procure...

June 18, 2026

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Parth Shukla

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Markets & Policy

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Solar
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Chrysalis Renewables Acquires 357 MW Solar Projects in US

Chrysalis Renewables, a global renewables investment platform established by global infrastructure manager Morrison, has acquired the Atlas V and Atlas VI solar projects...

June 18, 2026

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Renu

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Finance and M&A

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Solar
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India’s Renewable Energy Generation Projected to Grow 4.6% in FY 2027

India’s renewable energy generation, excluding large hydropower, is expected to rise 4.6% from 310.59 billion units (BU) in the financial year (FY) 2026 to 325 BU in FY...

June 18, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy

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Solar
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CERC Rejects Connectivity Extension for 700 MW Solar Project

The Central Electricity Regulatory Commission (CERC) has rejected a developer’s petition seeking extension of the start date of connectivity for a 700 MW solar power...

June 18, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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India’s Floating Solar Pipeline Tops 1 GW, But Vast Potential Remains Untapped

India’s floating solar market is gaining momentum, with the project pipeline now exceeding 1 GW  and cumulative commissioned capacity also approaching the same...

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Karnataka Proposes Lower Levelized Tariffs for Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has proposed reducing levelized generic tariffs for distributed and ground-mounted solar projects serving domestic...

June 17, 2026

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Melvin Mathew

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Market & Policy

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Solar

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T&D
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Create Energy Acquires SOL Components from Kloeckner Metals

Create Energy, an advanced energy and electrical power system solutions provider, has acquired SOL Components, a solar mounting and tracker company, from Kloeckner...

June 17, 2026

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Renu

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Finance and M&A

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Solar
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Nautilus Solar Renews $600 Million Debt Facility for Community Solar

Nautilus Solar Energy, a U.S.-based community solar company, has renewed its construction debt facility with a total commitment of $600 million. National Bank of Canada...

June 17, 2026

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Dibin DB

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Finance and M&A

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Solar
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IIT Palakkad Floats Tender for 1.25 MW Solar Project

The Indian Institute of Technology (IIT) Palakkad has invited bids for the supply, installation, testing, and commissioning of a 1,252 kW solar power generation system...

June 17, 2026

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Meghana Prasad

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Solar

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Tenders & Auctions
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UREDA Tenders 6.5 MW Rooftop Solar Projects on Government Buildings

The Uttarakhand Renewable Energy Development Agency (UREDA) has invited bids under two tenders to select engineering, procurement, and construction (EPC) contractors for...

June 17, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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Tripura Tenders 47.5 MW Rooftop Solar Projects for Residential Consumers

Tripura State Electricity Corporation (TSECL) has invited bids to install 47.5 MW of grid-connected rooftop solar systems for residential consumers under the PM Surya...

June 17, 2026

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Parth Shukla

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Rooftop

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Solar

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Tenders & Auctions
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Rajasthan Directs DISCOMs to Honor ALMM-II Exemptions for PM Surya Ghar

Rajasthan’s Energy Department has directed the state’s distribution companies (DISCOMs) to process all PM Surya Ghar: Muft Bili Yojana applications under the ‘Give...

June 17, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Maharashtra’s Storage Mandate Reshapes Rooftop Solar Economics

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly...

June 17, 2026

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Melvin Mathew

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Mercom Research Focus

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Rooftop

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Solar

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