Archive

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RUMSL Issues Tender for 170 MW Solar Project at Neemuch

Rewa Ultra Mega Solar (RUMSL) has issued a request for proposal (RFP) to develop a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar...

April 25, 2024

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Staff

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Solar

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Tenders & Auctions
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US Solar PPA Prices Decline by 1.5% in Q1 2024, Europe Sees Drop of 5%

Following years of fluctuation in the energy market, power purchase agreement (PPA) prices in North America were stable during the first quarter (Q1) of 2024. P25 solar...

April 25, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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NextEra Energy’s Q1 Profit Rises 12%, Expects Higher Demand from Data Centers

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...

April 24, 2024

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Staff

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Finance and M&A
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Enphase Energy Reports Net Income Drop of 75% in Q1 on Weak Demand

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...

April 24, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Tata Power, Indian Bank Partner for Residential Rooftop Solar Financing

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...

April 24, 2024

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Staff

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Rooftop

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Solar
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Tesla’s EV Sales Drop, Energy Storage Revenues Surge in Q1 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...

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Burdensome Regulations and Delays Jeopardize Telangana’s Solar Open Access Projects

At 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...

April 24, 2024

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B.S. Nagaraj

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Mercom Research Focus

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Open Access

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Solar
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Funding and M&A Roundup: EV Charging Firm SWTCH Raises $27 Million

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...

April 24, 2024

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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: Seven Companies in Race for 10 GWh ACC Capacity Under PLI

The Ministry of Heavy Industries’ tender to select manufacturers for Advanced Chemistry Cells under the Production Linked Incentive program has garnered bids seven times...

April 24, 2024

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Mercom Staff

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Daily Wrap-up
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China Installs 46 GW of Solar Power Capacity in Q1 2024, Up 36% YoY

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)....

April 24, 2024

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Arjun Joshi

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Markets & Policy

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Solar

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