india

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Daily News Wrap-Up: India’s Solar Open Access Capacity Rises 42% YoY

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom...

August 21, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Why Rooftop Solar is Stalling in Southern States

India’s rooftop solar market continues to see consumer interest, but distribution infrastructure and utility-level processes are hindering demand from translating into...

August 20, 2026

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Mercom Staff

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Daily Wrap-up
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The Real Cost of BESS Goes Beyond Price per MWh: Interview

Accounting for 21% of India’s auctioned renewable capacity in the first half of 2026, battery energy storage systems (BESS) are changing how utilities, developers, and...

August 19, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: India Adds 27 GW of Solar in 1H 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India...

August 14, 2026

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Mercom Staff

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Daily Wrap-up
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Tracker Firm FTC Solar Enters Indian Market Amid 31% Revenue Jump in Q2

U.S.-based solar tracker company FTC Solar reported revenue of $26.2 million in the second quarter (Q2) of 2026, up 31% year-over-year (YoY) from $20 million. Revenue...

August 11, 2026

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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 Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030,...

August 10, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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PM Surya Ghar Powers 5 Million Homes, Total Capacity Hits 15 GW

India has supported rooftop solar installations for over 5 million households under the PM Surya Ghar: Muft Bijli Yojana since its launch in February 2024; the Ministry...

August 4, 2026

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Parth Shukla

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Markets & Policy

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Rooftop

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Solar
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ADB Approves $850 Million Loan to Speed Up PM Surya Ghar Rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms which will fast-track the rollout of the Indian government’s flagship rooftop...

July 29, 2026

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Staff

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Finance and M&A

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Rooftop

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Solar
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India Curtailed 8.13 TWh of Solar Power in Q2 2026 to Maintain Grid Security

India curtailed 8,133 GWh of solar power during the second quarter of 2026 to maintain grid security, according to the Ministry of New and Renewable Energy. Responding...

July 29, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Global Power Generation from Renewables to Grow by Over 8% in 2026: IEA

Global power generation from renewables is expected to grow by more than 8% in 2026, pushing its share in the electricity generation mix to 37% by 2027, up from 33% in...

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Lithium Prices Drop as Suspended Mining Operations in China, Australia Restart

The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in...

July 23, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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India’s AC Efficiency Norms Improve but Lag Behind World Leader Japan

Global markets for air conditioners have expanded rapidly in recent years. Annual AC unit shipments are now 25% higher than they were five years ago, driven largely by...

July 22, 2026

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Rakesh Ranjan

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Efficiency

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Market & Policy
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Daily News Wrap-Up: India Adds 1.3 GW of Wind Capacity in Q2 2026

India added 1.3 GW of wind power capacity in the second quarter (Q2) of calendar year 2026, down 15% from the previous quarter and 18% from the same period last year,...

July 17, 2026

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Mercom Staff

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Daily Wrap-up
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Cabinet Approves ₹1.28 Trillion Program to Boost Semiconductor Ecosystem

The Union Cabinet has approved Semicon 2.0, the second phase of India’s semiconductor incentive program, with a total budget outlay of ₹1.28 trillion (~$14.9...

July 16, 2026

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Arjun Joshi

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Market & Policy

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Other
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EVs Account for Over 10% of Vehicle Sales in Q2 2026

Electric vehicle (EV) sales in India reached 837,453 units in the second quarter (Q2) of 2026, a year-over-year (YoY) increase of 52.3% over 549,900 units recorded in...

July 16, 2026

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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