in-depth

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Data Shows Policy Clarity Plays Critical Role in Industrial Power Demand Expansion

India’s top states fostering open access power have emerged as the core engines of industrial electricity demand growth, driven by manufacturing clusters, rising captive...

February 19, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Developers Seek ALMM List-II Extension, Solar Manufacturers Push Back

With the June 1, 2026, deadline for mandatory sourcing of solar cells from the Approved List of Models and Manufacturers (ALMM) List-II fast approaching, solar...

February 17, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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China Export Rebate Cuts May Raise India Solar, BESS Prices

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for...

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VGF, LCOS, and the Changing Economics of Battery Storage in India

Bid prices in the battery energy storage system (BESS) market are declining sharply, driven by viability gap funding (VGF) support and intense competition. While VGF has...

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Industry Opines Budget 2026 Marks a Focus Shift to Stable Renewables

The Union Budget 2026 has provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean...

February 6, 2026

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Melvin Mathew

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Energy Storage

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Markets & Policy

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Solar
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Aggressive Bidding Puts India’s Energy Storage Push at Crossroads

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies...

February 4, 2026

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Rakesh Ranjan

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Energy Storage

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Mercom Research Focus
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Underbidding in Battery Energy Storage Auctions Raises Questions Over Project Viability

In recent standalone battery energy storage system (BESS) auctions, several companies have won projects at tariffs below the levelized cost of storage (LCOS), signaling...

January 30, 2026

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Melvin Mathew

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Energy Storage

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Mercom Research Focus
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BEE’s New Building Code Could Boost Solar Adoption in Commercial Buildings

A new building code rolled out by the Bureau of Energy Efficiency (BEE) to improve energy efficiency in commercial buildings and office spaces could drive renewable...

January 29, 2026

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Parth Shukla

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Markets & Policy

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Mercom Research Focus

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Solar
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Budget 2026 Wishlist: What the Renewable Energy Industry Wants

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more...

January 21, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy

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Solar
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Farmers in Maharashtra and Rajasthan Turn to Robotic Cleaning to Improve Solar Output

The rapid rollout of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program is gradually transforming India’s rural solar landscape by...

January 14, 2026

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Meghana Prasad

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Mercom Research Focus

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Solar
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KUSUM Projects in Maharashtra Delayed as Land Leasing Costs Soar

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

January 6, 2026

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Melvin Mathew

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Mercom Research Focus

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Solar
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Rooftop Solar Gets Cheaper as GST Cut Shortens Payback Period for Consumers

With the government reducing the Goods and Services Tax (GST) on several rooftop solar system components, installation costs under the PM Surya Ghar: Muft Bijli Yojana...

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Industry Welcomes Government Push For Upstream-Focused Solar Lending

The Ministry of New and Renewable Energy’s (MNRE) recent advisory to banks and financial institutions, calling for prudence in lending to standalone solar module...

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China’s Record Low Silver Inventory Raises Global Solar Supply Chain Risk

China’s long role as an invisible stabilizer in the silver market is starting to break down. For years, whenever the West ran short of metal, flows from China quietly...

December 11, 2025

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Arjun Joshi

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Open Access to Gather Steam in Uttar Pradesh as Data Centers Mushroom

Driven by the rapid expansion of data centers in Uttar Pradesh, demand for solar open access in the state is expected to double over the next three years. According to...

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