LATEST HEADLINES
NextEra Energy’s Q1 Profit Rises 12%, Expects Higher Demand from Data Centers
Apr 24, 2024
Enphase Energy Reports Net Income Drop of 75% in Q1 on Weak Demand
Apr 24, 2024
Tata Power, Indian Bank Partner for Residential Rooftop Solar Financing
Apr 24, 2024
Tesla’s EV Sales Drop, Energy Storage Revenues Surge in Q1 2024
Apr 24, 2024
Funding and M&A Roundup: EV Charging Firm SWTCH Raises $27 Million
Apr 24, 2024
The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised in 42 deals during the same period in 2023. However, there wa...
April 22, 2024
Mercom Research Focus
Burdensome Regulations and Delays Jeopardize Telangana’s Solar Open Access ProjectsAt a time when solar open-access installations are gaining traction across the country, developers with small-capacity projects in Telangana say the inordinate delay in adhering to regulatory frameworks by distribution companies (...
April 24, 2024
Markets & Policy
Threat of US Anti-Dumping Duties on Indian Solar Module ExportsIndia’s solar exports success story could run into trouble if the U.S. entertains petitions from domestic manufacturers to impose anti-dumping (AD) and countervailing duties (CVD) on module imports. While the four Southeast ...
April 22, 2024
Energy Storage
Seven Companies in Race for 10 GWh Advanced Chemistry Cells Capacity Under PLIThe Ministry of Heavy Industries’ (MHI) tender to select manufacturers for Advanced Chemistry Cells (ACC) under the Production Linked Incentive (PLI) program has garnered bids seven times more than the 10 GWh capacity to be awarde...
April 23, 2024
Trending News
March 22, 2024
Tender & Auctions
NTPC REL Tenders BoS Package for 1.1 GW Wind Project in Karnataka
April 22, 2024
Mercom Insights
Burdensome Regulations and Delays Jeopardize Telangana’s Solar Open Access Projects
Grid
Tesla’s EV Sales Drop, Energy Storage Revenues Surge in Q1 2024
April 23, 2024
Energy Storage
Enphase Energy Reports Net Income Drop of 75% in Q1 on Weak Demand
Latest News
U.S.-based renewables firm NextEra Energy said its first-quarter net income rose 12% year-over-year to $2.27 billion and that it expects data centers to drive electricity demand higher. The company has 3.5 GW in data center capacity operational and...
April 24, 2024
Microinverter and battery storage supplier Enphase Energy recorded a net income of $48 million during the first quarter (Q1) of 2024, a year-over-year (YoY) decrease of 75% from $192.32 million as the demand in its primary U.S. market witnessed a...
April 24, 2024
Tata Power Solar Systems Limited (TPSSL) will partner with the Indian Bank to bolster the adoption of affordable rooftop solar in the residential segment by making low-interest loans available to consumers. Under the partnership, financing solutions...
April 24, 2024
U.S.-based electric vehicle (EV) maker Tesla reported a total revenue of $ 21.3 billion in the first quarter (Q1) of the financial year (FY) 2024, a 9% year-over-year (YoY) decrease. The decline in revenue was primarily attributed to a lower average...
April 24, 2024
From: Mercom Capital Group SWTCH Energy, an electric vehicle (EV) charging and energy management solution provider, has closed $27.2 Million in Series B Funding led by Blue Earth Capital with participation from Alantra’s Energy Transition Fund,...
April 24, 2024
The Ministry of Heavy Industries’ tender to select manufacturers for Advanced Chemistry Cells under the Production Linked Incentive program has garnered bids seven times more than the 10 GWh capacity to be awarded. The bidders are ACME Cleantech...
April 24, 2024
China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year (YoY) growth, according to the National Energy Administration (NEA). The country also installed 15.5 GW of wind, 6.39 GW of thermal, and 1.81 GW of...
April 24, 2024
From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and solar project developer, secured a $136 million construction financing facility and conversion to a term loan with MUFG to develop a 75 MW Rice Creek...
April 24, 2024
The Ministry of Power has clarified that power stations must always be available and ready to dispatch power according to the Tariff Policy 2016. Power generators can sell surplus power in the power market to best use unutilized generation capacity....
April 23, 2024
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