Mercom Research Focus

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Tata Power, Jakson, Ashoka Buildcon Top Solar EPC Companies in 1H 2024

Tata Power Solar, Jakson Green, Ashoka Buildcon, Gensol Engineering, and InSolare Energy emerged as the top utility-scale solar engineering, procurement, and...

November 18, 2024

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Yogeshwaran M

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Mercom Research Focus

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Solar

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Utility Scale
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Tata Power Solar, Roofsol and Havells Leading Rooftop Solar Installers in 1H 2024

Tata Power Solar, Roofsol Energy, Havells India, Kalpa Power, and Mahindra Solarize were the top rooftop solar installers in India during the first half of the calendar...

November 14, 2024

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Tarun Kothamasu

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Mercom Research Focus

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Rooftop

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Solar
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Adani Green, ReNew and O2 Power Top Utility-Scale Solar Developers in 1H 2024

Adani Green Energy, ReNew, O2 Power, ACME Solar, and NTPC Renewable Energy emerged as the top utility-scale solar project developers in the first half (1H) of the...

November 12, 2024

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Ajayan J S

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Mercom Research Focus

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Solar

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Utility Scale
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Solar’s Share in India’s Installed Power Capacity Rises to 20% in Q3

India’s installed power capacity was 450.7 GW as of September 2024. Renewable energy accounted for 44.3% of the country’s power capacity mix, with 199.5 GW...

November 11, 2024

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Shanthi G

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Mercom Research Focus

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Solar
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India’s Solar Power Generation in Q3 2024 Hit 32 BU, up 17.9% YoY

In the third quarter (Q3) of the calendar year 2024, solar power generation in India was approximately 32 billion units (BU), up 17.9% year-over-year (YoY). The...

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Companies Dominating the Indian Solar Market in 1H CY 2024

The latest Mercom India Solar Market Leaderboard for 1H 2024 showcases the leading companies dominating the solar sector in the first half (1H) of the calendar year (CY)...

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Solar Open Access Landscape in Telangana and Andhra Pradesh: A Study in Contrast

The renewable energy landscape in India presents a complex mosaic where each state faces unique challenges and opportunities. Two states that highlight this contrast are...

October 28, 2024

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Arjun Joshi

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Mercom Research Focus

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Open Access

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Solar
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India’s Wind Energy Installations Rise 72% YoY in Q3 2024

India added 706.5 MW of wind energy capacity in Q3 2024, a 72% increase year-over-year (YoY) from 411.5 MW in Q3 2023, according to Mercom India Research. The increased...

October 25, 2024

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Sowndhiga U

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Mercom Research Focus

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Wind
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Energy Storage Corporate Funding 15% Higher in First Nine Months of 2024

Corporate funding for energy storage rose 15% year-over-year (YoY) in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate...

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Solar Tenders Surge by 52% QoQ in Q3 2024, Auctions Drop 14%

Several agencies floated 16.2 GW of tenders in the third quarter (Q3) of the calendar year (CY) 2024, an increase of 51.9% from 10.7 GW in the previous quarter and 19.2%...

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Reimposition of ALMM Pushes 5 GW of Solar Open Access Projects to 2025

In the first half (1H) of 2024, India added 3.6 GW of solar open access capacity, a 153% increase from the 1.4 GW installed in 1H 2023, according to Mercom’s Q2...

October 21, 2024

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Tarun Kothamasu

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Corporate Funding Drops 23% to $22.3 Billion in 9M 2024

Total corporate funding, including venture capital (VC), public market activity, and debt financing for the solar sector, reached $22.3 billion in the first nine months...

October 21, 2024

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Gautamee Hazarika

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Finance and M&A

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Mercom Research Focus

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Solar
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Robust Solar Project Pipeline Drives India’s Module Manufacturing Capacity

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half (1H) of 2024, according to Mercom India’s recently released research...

October 8, 2024

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Arjun Joshi

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Manufacturing

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Mercom Research Focus

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Solar
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Hybrid Power Projects Add to Gujarat’s Solar Open Access Growth

Gujarat added the sixth-highest solar open access capacity in Q2 2024, according to Mercom’s Q2 2024 India Solar Open Access Market Report. In Q2 of 2024, about 1....

October 3, 2024

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Tarun Kothamasu

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Mercom Research Focus

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Open Access

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Solar

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Wind
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Project Developers Voice Concerns Over Quality of Domestic Solar Modules

The pace of energy transition is contingent on the steady supply of components necessary for project development. Solar is a major component in India’s goal to...

September 20, 2024

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Tina Freese

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Mercom Research Focus

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Solar

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