Mercom Insider

Solar Tender and Auction Activity Slumps in 2025

Solar project tender and auction announcements fell 45% and 57% YoY

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In 2025, tender announcements for utility-scale solar projects declined to nearly 44 GW, down 45% from 2024, according to Mercom India Research. During the year, around 20 GW of projects were auctioned, a 57% decline compared to 2024.

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