Mercom finds widening gap between storage auction bids and project economics
Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.
India installed 6.1 GW open-access solar in 9M 2025, says Mercom
India added 6.1 GW of open-access (off-site commercial and industrial) solar capacity in the first nine months (9M) of calendar year (CY) 2025, up around 13% from the 5.4 GW installed during 9M 2024—according to a new report by Mercom.
India installed 26.6 GW solar power capacity in first nine months of 2025
India installed solar power generation capacity totaling 26.6 GW in the first nine months (9M) of the calendar year 2025, an increase of 53.7% compared to 17.3 GW added in 9M 2024, according to Mercom India’s newly released report. Large-scale solar accounted for 81.5% of the capacity commissioned in 9M 2025, while rooftop solar contributed 18.5%.
India installed 7 GW solar in Q1 2025, says Mercom
India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.
India added 6.9 GW of C&I offsite solar in 2024, up 77% YoY
India’s cumulative installed open access (offsite commercial and industrial) solar capacity reached 20.2 GW as of Dec. 31 2024 with a record annual addition of 6.9 GW in 2024
India installed 3.2 GW of rooftop solar in 2024, says Mercom
Rooftop solar additions of 1.3 GW in Q4 2024 surpassed all previous quarterly installations.
India added 11.3 GW of solar module, 2 GW of cell manufacturing capacity in H1 2024
India’s cumulative solar module manufacturing capacity reached 77.2 GW, and solar cell manufacturing capacity totaled 7.6 GW as of June 2024, according to Mercom India.
MNRE proposes ALMM mandate for solar cells from April 1, 2026
India’s Ministry of New and Renewable Energy (MNRE) has invited suggestions from stakeholders on the draft guidelines of the approved list of models and manufacturers (ALMM) for solar cells as it proposes to make it effective from April 2026.
Sungrow surpasses 14 GW milestone in India
The Chinese solar inverter manufacturer has shipped more than 14 GW of inverters in India since entering the market in 2014.
India deployed 2.05 GW solar in first three months of CY2021
Solar installation surged in the first quarter of 2021, with developers completing their delayed projects from last year.
