Mercom Research Focus
At a time when the government is pushing for greater adoption of solar through the PM Surya Ghar: Muft Bijli Yojana, which aims to make households energy-independent,...
In the fourth quarter (Q4) of calendar year (CY) 2024, the average cost of large-scale solar power projects in India fell over 8% year-over-year (YoY), according to...
As rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana reach 1 million nationwide, concerns have arisen about the lack of quality checks for the...
Solar project developers anticipate a rise in module prices to drive up overall project costs following the recent import duties on solar glass. Recently, the Ministry...
India added 6.9 GW of solar open access capacity in 2024, a 77% year-over-year (YoY) increase from 3.9 GW, according to the newly-released Mercom India Q4 & Annual...
India is witnessing rapid adoption of bifacial modules in rooftop solar installations driven by the decreasing availability of monofacial alternatives and the promise of...
Integration of the Domestic Content Requirement (DCR) verification portal with the PM Surya Ghar: Muft Bijli Yojana portal and stringent solar module verification...
India installed 3.2 GW of rooftop solar capacity in 2024, an 86% increase from 2023, according to Mercom India Research’s newly released Q4 & Annual 2024 India...
India added 25.2 GW of solar capacity in the calendar year 2024, a 204% increase compared to the 8.3 GW added in 2023. According to Mercom India’s latest Q4 and...
India’s solar power generation rose nearly 18% year-over-year (YoY) to 133.8 billion units (BU) in 2024 from 113.4 BU, according to data published by the Central...
The PM Surya Ghar: Muft Bijli Yojana and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) are the government’s key initiatives to help...
India added over 800 MW of wind power capacity in the fourth quarter (Q4) of calendar year (CY) 2024, up 45.1% year-over-year (YoY) from 551 MW. The capacity additions...
Kerala has emerged as a leader in residential rooftop solar installations, with the PM Surya Ghar program being a major catalyst. Kerala has achieved a 60.13%...
Solar photovoltaic projects comprised 21.2% of India’s total installed power capacity and 46.8 % of the total installed renewable capacity at the end of December 2024....
According to Mercom Capital Group’s newly released Annual and Q4 2024 Funding and M&A Report for Storage & Grid, corporate funding for energy storage companies,...
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