india

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Tata Capital, GCF Partner to Support Climate-Tech Startups in India

Tata Capital (TCL), the financial services company of the Tata Group, has partnered with the Green Climate Fund (GCF) under its newly approved BEACON India program to...

November 4, 2025

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Staff

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Finance and M&A

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Renewable Energy
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First Solar Plans New 3.7 GW Module Plant, Revenue Up in Q3

U.S.-based solar module manufacturer First Solar’s revenue rose 79.6% year-over-year (YoY) to $1.59 billion in the third quarter (Q3) of 2025 from $887.67 million. First...

November 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Blueleaf, BII Sign $75 Million Agreement to Boost Renewable Energy in India

Singapore-based renewable energy platform Blueleaf Energy has signed an agreement with UK-based development finance institution and impact investor British International...

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Waaree Secures Orders for 692 MW of Solar Modules in India and US

Solar module manufacturer Waaree Energies has secured separate orders to supply 220 MW, 210 MW, and 140 MW of solar modules from undisclosed customers engaged in owning,...

October 28, 2025

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Staff

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Modules

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Solar
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Ola Launches Battery Energy Storage System for the Home Segment

Electric vehicle manufacturer Ola Electric has launched Ola Shakti, a residential sector-focused battery energy storage system (BESS) in four configurations. The storage...

October 16, 2025

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Melvin Mathew

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Energy Storage

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Residential
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China Complains to WTO About India’s Electric Vehicle and Battery Subsidies

China has filed a complaint with the World Trade Organization (WTO) over India’s subsidies for electric vehicles (EVs) and battery manufacturing. A spokesman of China’s...

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Electric Vehicle Sales Clock 12.5% YoY Growth in Q3 2025

Electric vehicle (EV) sales in India reached 560,637 units in the third quarter (Q3) of 2025, an over 12.5% year-over-year (YoY) increase from 497,974 units. EVs...

October 6, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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Other
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Daily News Wrap-Up: India’s Solar Module Production Capacity Reaches 44 GW

India added 44.2 GW of solar module capacity and 7.5 GW of solar cell capacity in the first half (1H) of 2025, according to the recently released Mercom India research...

October 1, 2025

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Mercom Staff

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Daily Wrap-up
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India Slaps 30% Antidumping Duty on Solar Cell Imports from China

The Directorate General of Trade Remedies (DGTR) has imposed antidumping duties up to 30% on imports of solar cells, whether or not assembled into modules, originating...

September 30, 2025

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Melvin Mathew

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Markets & Policy

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Modules

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Solar
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India has 3,343 GW of Ground-Mounted Solar Energy Potential: Report

India has a ground-mounted solar potential of around 3,343 GW, according to a report released by the Ministry of New and Renewable Energy and the National Institute of...

September 24, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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Government to Form Experts’ Committee to Train DISCOMs on Smart Meter Data

The Ministry of Power is constituting a steering committee and a sub-working group of domain experts to standardize training modules and create standard operating...

September 22, 2025

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Staff

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Grid

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Market & Policy
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Indian Exporters to Europe May Benefit as EU Eases CBAM Burden

Indian solar manufacturers can expect some relief, as the European Union (EU) has agreed to deduct the carbon price paid by exporters in India from the price they would...

September 22, 2025

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B.S. Nagaraj

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Manufacturing

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Markets & Policy

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Modules

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Solar
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Solar Module Capacity Under ALMM Grows by 9.3 GW in September 2025

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) for solar modules, adding 9,326 MW of capacity. The...

September 19, 2025

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Staff

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Markets & Policy

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Solar
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Enfinity Global Secures ₹5 Billion Debt Financing from India Infradebt

Enfinity Global has secured ₹5.2 billion (~$59 million) in debt financing from India Infradebt for its 200 MW solar projects across India. Enfinity has a global...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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India’s Solar Modules Imports Decreased Over 71% QoQ in Q2 2025

India imported solar cells and modules worth over $839.4 million (₹71.9 billion) in Q2 2025, an 8.3% year-over-year (YoY) increase, according to data from the Department...

September 18, 2025

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Prabha P P

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Mercom Research Focus

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Solar

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