solar

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CERC Approves Tariffs for NHPC’s 1.2 GW Wind-Solar Hybrid Power Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.41 (~$0.036)/kWh and ₹3.42 (~$0.037)/kWh for NHPC’s 1.2 GW of interstate transmission...

March 20, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic...

March 20, 2026

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar
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CPWD Tenders 2.3 MW of Solar Projects in Andhra Pradesh

The Central Public Works Department (CPWD) has issued two tenders to set up a cumulative 2,315 kW of grid-connected rooftop solar and solar parking projects at the...

March 20, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: India Hit 119 GW Solar Module, 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

March 20, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Solarium Green Commissions 1 GW Solar Module Plant in Gujarat

Solar engineering, procurement, and construction (EPC) company Solarium Green Energy has commissioned a fully automated 1 GW solar module manufacturing facility in...

March 18, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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India’s Non-Fossil Power Capacity Reaches 52.3% as of January 2026

India’s non-fossil energy sources have reached 52.3% of the country’s total installed power capacity of 520.5 GW as of January 2026, while thermal power continues to...

March 18, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy

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Solar
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UltraTech Cement to Source Power from Sunsure Energy’s 60 MW Solar Project

UltraTech Cement, an Aditya Birla Group company, has signed an energy supply agreement and a share subscription & shareholders’ agreement to procure power from...

March 18, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Waaree Energies Drawn into Arbitration Over Enel Green Power India Deal

Waaree Energies has received a request for arbitration from Enel Green Power Development over a dispute arising from a share purchase agreement in 2025, under which...

March 18, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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India Added 119 GW Solar Module and 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar module and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

March 18, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Use of ALMM-listed Solar Wafers Mandatory a Week After List Publication

The Ministry of New and Renewable Energy has expanded the Approved List of Models and Manufacturers (ALMM) framework by introducing a seven-day cut-off window after the...

March 18, 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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Funding and M&A Roundup: MGA Thermal Secures $12 Million

From: Mercom Capital Group MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, has secured A$17 million (~$12 million) in funding. The...

March 18, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Easing Group Captive Power Rules May Boost C&I Participation

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual...

March 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Project Finance Brief: Prime Infra Secures $4.6B for Pumped Hydro Projects

From: Mercom Capital Group Prime Infra, an infrastructure developer and operator, closed two financing agreements totaling Php273.47 billion (~$4.6 billion). According...

March 18, 2026

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Staff

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Finance and M&A

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Other
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RenewSys Commissions 3 GW Solar Module Facility in Maharashtra

Mumbai-based solar components manufacturer RenewSys has commissioned a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra. The...

March 18, 2026

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Meghana Prasad

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Manufacturing

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Solar
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Ecofy Raises ₹3.8 Billion to Expand Retail Green Finance in India

Ecofy, a non-banking financial company backed by Eversource Capital, has raised ₹3.8 billion (~$41.1 million) in fresh equity capital to expand its retail-focused green...

March 17, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy

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