mercom-research-focus

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51% of India’s Installed Renewable Capacity was Solar by Q3 2025

Solar power accounted for 25.1% of India’s total installed power capacity and 51% of the total installed renewable capacity as of September 2025. The solar capacity...

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Prolonged Monsoons Dampen Solar Power Generation by 11% QoQ in Q3 2025

India generated over 38.3 billion units (BU) of solar power in the third quarter (Q3) of 2025, representing a 20.4% year-over-year (YoY) increase. Solar generation...

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Rigid Deviation Settlement Limits Could Result in Higher Renewable Tariffs

The recent Central Electricity Regulatory Commission’s (CERC) proposal to tighten deviation limits for the scheduling and dispatch of power has raised concerns...

November 5, 2025

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Melvin Mathew

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Mercom Research Focus

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Solar

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T&D
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Energy Storage Attracts $2.8 Billion in Venture Capital in 9M 2025

Corporate funding for energy storage companies came in at $11.2 billion across 85 deals in the first nine months (9M) of 2025, down 36% year-over-year (YoY) from $17.6...

November 4, 2025

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Staff

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Energy Storage

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Market & Policy
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India’s Wind Energy Installations Up 105% YoY in Q3 2025

India added 1.4 GW of wind energy capacity in the third quarter (Q3) of 2025, a 105% year-over-year (YoY) increase from 706.5 MW in Q3 2024, according to Mercom India...

October 28, 2025

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Sowndhiga U

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Mercom Research Focus

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Wind
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Global Solar Sector Attracts $17.3 Billion Corporate Funding in 9M 2025, Down 22% YoY

Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector globally, stood at $17.3 billion in the first nine...

October 24, 2025

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Arjun Joshi

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Finance and M&A

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Mercom Research Focus

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Solar
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India Added 48.4 MWh of Energy Storage Capacity in 1H 2025

India added 48.4 MWh of energy storage capacity in the first half (1H) of 2025, a 74% decline from 186 MWh added in the same period last year, according to the newly...

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India Adds 44 GW of Solar Module Capacity in 1H 2025

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...

September 30, 2025

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Melvin Mathew

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Manufacturing

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Mercom Research Focus

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Solar
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Maharashtra Sees Surge in Open Access Solar Installations

Maharashtra led solar open access installations in the second quarter (Q2) of 2025, accounting for 30% of the country’s capacity additions. Installations in the state...

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Top Five States for Solar Open Access in Q2 2025

India added 2.6 GW of solar open access capacity in the second quarter (Q2) of 2025, a nearly 143% increase from 1.1 GW in Q1 2025. Installations rose 60.1%...

September 19, 2025

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Prabha P P

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Mercom Research Focus

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Open Access

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Solar
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Landed Costs of Solar Open Access Projects Rise on Higher PPA Tariffs

The landed costs for third-party solar open access projects increased in 11 of 15 states for high-tension (HT) industrial consumers, primarily driven by higher power...

September 17, 2025

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Sowndhiga U

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Mercom Research Focus

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Open Access

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Solar
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India Added 3.8 GW of Solar Open Access Capacity in 1H 2025

India added nearly 3.8 GW of solar open access capacity in the first half (1H) of 2025, an over 4% decrease from 3.9 GW installed in the same period of 2024, according...

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Large-Scale Solar System Costs Across Module Technologies Drop in Q2 2025

The average system cost of large-scale solar projects fell again in the second quarter of 2025, continuing the steady downward trend. Indian TOPCon-based projects remain...

September 9, 2025

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Shanthi G

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Mercom Research Focus

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Solar

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Utility Scale
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Rajasthan Curtails 4 GW of Solar and Wind as Transmission Delays Mount

Nearly 4 GW of wind-solar energy has been curtailed in Rajasthan since March 2025 due to delays in transmission projects and lower power demand resulting from...

September 5, 2025

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Melvin Mathew

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Mercom Research Focus

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Solar

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T&D

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Wind
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India Added 2.8 GW of Rooftop Solar Capacity in 1H 2025

India added 2.8 GW of rooftop solar capacity in the first half (1H) of 2025, according to Mercom India’s newly released Q2 2025 India Rooftop Solar Market Report....

September 2, 2025

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Staff

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Mercom Research Focus

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Rooftop

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Solar

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