india

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Daily News Wrap-Up: ALMM Expansion to Wafers Raises Capacity Gap Concerns

The government’s move to extend the Approved List of Models and Manufacturers (ALMM) framework to solar wafers marks a major step toward building a fully integrated...

April 10, 2026

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Mercom Staff

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Daily Wrap-up
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India Tops Brazil to Rank 3rd in Renewable Energy Capacity Globally

India has climbed to third place globally in installed renewable energy capacity, surpassing Brazil, adding a record 55.3 GW of non-fossil capacity in the financial year...

April 9, 2026

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Rakesh Ranjan

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Market & Policy

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Renewable Energy
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Electric Vehicle Sales Clock 35% YoY Growth in Q1 2026

Electric vehicle (EV) sales in India reached 696,769 units in the first quarter (Q1) of 2026, an increase of over 35.5% year-over-year (YoY) against the 514,198 units....

April 6, 2026

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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USITC Opens Probe into TOPCon Solar Imports for Patent Infringement

The U.S. International Trade Commission (USITC) has initiated a Section 337 investigation into imports of Tunnel Oxide Passivated Contact (TOPCon) solar cells and...

March 27, 2026

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Arjun Joshi

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Manufacturing

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Markets & Policy

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Solar
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India Targets 60% Non-Fossil Power Capacity, 47% Emission Cuts by 2035

India aims to cut its emissions intensity by 47% from 2005 levels by 2035, reach 60% of its total installed power capacity from non-fossil fuel sources by 2035, and...

March 27, 2026

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Rakesh Ranjan

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Other

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Renewable Energy
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India’s Energy Storage Capacity Rose 26% YoY in 2025, Adding 547 MWh

India added nearly 547 MWh of battery energy storage capacity in 2025, around 26% year-over-year (YoY) increase from over 433 MWh, according to the newly released 2H...

March 25, 2026

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Melvin Mathew

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Energy Storage

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Mercom Research Focus
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Indian Manufacturing, Solar Modules Face US Section 301 Probe

The Office of the United States Trade Representative (USTR) has initiated a Section 301 investigation into structural excess capacity and production in manufacturing,...

March 12, 2026

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Arjun Joshi

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Manufacturing

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Markets & Policy

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Solar
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Month in a Minute: Top Headlines from the Indian Renewable Sector in February 2026

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to...

March 5, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Q4 2025 Sees Broad QoQ Cost Declines in Solar Projects

The average system cost of large-scale solar projects recorded mixed movements in the fourth quarter of 2025. Projects with Indian modules across technologies posted...

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Trump May Use Other Laws to Revive Trade Tariffs After Supreme Court Setback

On the face of it, the U.S. Supreme Court’s judgment striking down Donald Trump’s sweeping trade tariffs may have come as a net positive for clean energy, but...

February 24, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar
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World Bank Provides $198 Million Guarantee for SBI’s Rooftop Solar Initiative

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

February 19, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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Daily News Wrap-Up: India Posts Highest Solar Growth with 36.6 GW in 2025

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to...

February 13, 2026

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Mercom Staff

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Daily Wrap-up
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US Reshoring Push May Limit Gains from Tariff Cut for Indian Solar Exporters

Indian solar module and cell exporters are upbeat after the U.S. slashed tariffs on Indian goods from an effective rate of 50% to 18%. They hope the lower tariff will...

February 11, 2026

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B.S. Nagaraj

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Markets & Policy

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Modules

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Solar
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ACEN Consolidates Joint Venture with UPC Renewables, Takes 100% Ownership

Philippines-based renewable energy company ACEN Renewables International, a subsidiary of ACEN Corporation, has consolidated its joint venture (JV) with UPC Renewables,...

February 9, 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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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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