Author Archives: Gourav Mishra

About Gourav Mishra

Gourav is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master's in journalism from Jain University, Bengaluru. More articles from Gourav Mishra.

gourav@mercomindia.com

@mishra_2202

ChargePoint’s Revenue Leaps 102% YoY to $86 Million in Q1 2022

ChargePoint’s Revenue Leaps 102% YoY to $86 Million in Q1 2022

Electric vehicle (EV) charging network company ChargePoint Holdings recorded revenue of $86 million in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 102% from $40.5 million in ...
Japanese Energy Utility Firm Chubu Electric Invests in OMC Power

Japanese Energy Utility Firm Chubu Electric Invests in OMC Power

India-based rural distributed renewable energy company OMC Power announced a partnership with the Japan-based energy utility firm Chubu Electric Power,  through a Share Subscription Agreement, to expand OMC's renewable distribution ...
Zinc Batteries an Economical Replacement for Li-Ion in Electric Vehicles IIT Madras

Zinc Batteries an Economical Replacement for Li-Ion in Electric Vehicles: IIT Madras

A team of researchers from the Indian Institute of Technology, Madras (IIT-M) are developing a futuristic model for zinc-air batteries to power electric vehicles (EV). The technology under development is ...
EV Battery Supply Chains Stressed as Lithium, Cobalt and Nickel Prices Soar IEA

EV Battery Supply Chains Stressed as Lithium, Cobalt and Nickel Prices Soar: IEA

Lithium rates have surged by over seven times since May last year, creating challenges for the global electric vehicle (EV) battery supply chain. The International Energy Agency (IEA) said cobalt ...
Increased Solar Module Shipments Take Maxeon's Revenue up 35% YoY in Q1 2022

Increased Solar Module Shipments Take Maxeon’s Revenue up 35% YoY in Q1 2022

Solar module manufacturer Maxeon Solar Technologies posted revenue of $223 million in the first quarter (Q1) of 2022, a year-over-year (YoY) surge of 35% from $165 million in the previous ...
REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the same period last ...
Adani Green’s 390 MW Wind-Solar Hybrid Project With Tariff of ₹2.69kWh Commissioned

Adani Green’s 390 MW Wind-Solar Hybrid Project With Tariff of ₹2.69/kWh Commissioned

Adani Hybrid Energy Jaisalmer One, a subsidiary of Adani Green Energy (AGEL), has commissioned a 390 MW wind-solar hybrid power generation project in Jaisalmer, Rajasthan. The project is part of ...
Waaree Energies Gets Legal Nod to Acquire Solar Cell Producer Indosolar

Waaree Energies Gets Legal Nod to Acquire Solar Cell Producer Indosolar

Waaree Energies, a solar module manufacturer, announced the approval from the National Company Law Tribunal (NCLT) to acquire solar cells manufacturer—Indosolar. The national body approved Waaree’s request for the acquisition ...
Tata Power Commissions a 100 MW of Solar Project at ₹2.90kWh for MSEDCL

Tata Power Commissions a 100 MW of Solar Project at ₹2.90/kWh for MSEDCL

Tata Power Renewable Energy Limited (TPREL), a wholly-owned subsidiary of Tata Power, announced the commissioning of the 100 MW solar project for the Maharashtra State Electricity Distribution Company Limited (MSEDCL) ...
/ / Solar, Utility Scale
ACME Solar Commissions 300 MW Solar Project in Rajasthan

ACME Solar Commissions 300 MW Solar Project in Rajasthan

Independent power producer ACME Solar Holdings has commissioned a 300 MW solar project for the Maharashtra State Electricity Distribution Company (MSEDCL). The solar project is situated in the Badiseed village ...
/ / Solar, Utility Scale
Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 15% from $1.1 billion last year ...
Sungrow to Supply to Tata Power's 60.56 MWh Battery Energy Storage Project in Ladakh

Sungrow to Supply to Tata Power’s 60.56 MWh Battery Energy Storage Project in Ladakh

Inverter manufacturer Sungrow has announced that it will be supplying its storage solutions to Tata Power Solar Systems' (TPSSL) 60.56 MWh battery energy storage system (BESS) project at Phyang, in ...
Solar Cell With 39.5% Efficiency in 1-Sun Illumination Developed Using Quantum Wells

Solar Cell With 39.5% Efficiency in 1-Sun Illumination Developed Using Quantum Wells

Scientists at the National Renewable Energy Laboratory (NREL) in the U.S used gallium arsenide (GaAs) with quantum wells and invented a multijunction solar cell that exhibited a record efficiency of ...
/ / Solar, Technology
US Seeks Public Feedback on $2.5 Billion Transmission Lines Program

US Seeks Public Feedback on $2.5 Billion Transmission Lines Program

In a bid to expand and strengthen power transmission lines across the country, the United States Department of Energy (DOE) recently issued a Request for Information (RFI) to collect public ...
Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the same ...
Sustainable Investment Firm SustVest Raises $160,000 From Angel Investors

Sustainable Investment Firm SustVest Raises $160,000 From Angel Investors

A Gurgaon-based sustainable investment firm SustVest has raised $160,000 from angel investors to enhance its presence in India’s clean energy market. The funding round was led by early-stage investors Paurush ...
KKR to Acquire Power Producer ContourGlobal for £1.75 Billion

KKR to Acquire Power Producer ContourGlobal for £1.75 Billion

U.S-based private equity firm Kohlberg Kravis Roberts (KKR) has signed an agreement to acquire the British power generation company ContourGlobal for approximately £1.75 billion (~$2.18 billion). KKR is a leading ...
Emerging Economies Like India Must Focus on Storage Technologies Report

Emerging Economies Like India Must Focus on Storage Technologies: Report

A recent report by the Massachusetts Institute of Technology's Energy Initiative (MITEI) has studied the role of energy storage technologies with variable renewable energy resources to establish deep decarbonized electricity ...
Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Manufacturer of the solar balance of system components, Shoals Technologies Group, recorded revenue of $68 million in the first quarter (Q1) of 2022, a year-over-year (YoY) increase of 49% from ...
APAC Investment Firm PAG to Acquire First Solar's Projects in Japan

APAC Investment Firm PAG to Acquire First Solar’s Projects in Japan

Asia-Pacific investment firm PAG has agreed to acquire module manufacturer First Solar's 293 MW utility-scale solar projects and a 665 MW solar project operations and maintenance (O&M) platform in Japan ...
New Laser Technique to Reduce Amount of Silver in Solar Modules

New Laser Technique to Reduce Amount of Silver in Solar Modules

Scientists at the Fraunhofer Institute of Solar Energy (ISE) have developed a new laser technique to reduce the amount of silver used in the production of solar panels and achieve ...
/ / Solar, Technology
Battery Storage Company Flux Power's Revenue Up by 89% YoY in Q3 FY 2022

Battery Storage Company Flux Power’s Revenue Up by 89% YoY in Q3 FY 2022

U.S.-based lithium-ion storage solutions provider Flux Power Holdings recorded $13.2 million in revenue in the third quarter (Q3) of the fiscal year 2022, an increase of 89% from $7 million ...
EV Component Startup Revoh Raises $150,000 to Build Production Facility in Tamil Nadu

EV Component Startup Revoh Raises $150,000 to Build Production Facility in Tamil Nadu

Revoh Innovations, a startup that manufactures sub-components for electric vehicles (EV), has raised $150,000 in a seed round from angel investors Vel Kanniappan and Ravi Renganathan to build a motor ...
SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology AG, a German solar equipment supplier, recorded revenue of €221 million (~$232 million) in the first quarter (Q1) of 2022, a year-over-year (YoY) decline of 8% from ...
New Electrolysis Method to Produce Energy-Efficient Hydrogen

New Electrolysis Method to Produce Energy-Efficient Hydrogen

A team of scientists at the National Renewable Energy Laboratory (NREL) has analyzed a water-splitting method called solar thermochemical hydrogen (STCH), which can be more energy-efficient than the standard electrolysis ...