Mercom Research Focus
Mercom India has released the India Solar Market Leaderboard 2025, outlining the market share rankings and competitive dynamics of the Indian solar sector for the...
With just over two months to go before the interstate transmission system (ISTS) charges waiver ends, the Indian renewable energy project developers are keeping their...
Corporate funding for energy storage companies, including venture capital (VC), debt, and public market financing, totaled $2.2 billion across 31 deals in Q1 2025,...
Energy banking enables renewable energy developers to inject surplus power into the grid for withdrawal during periods when needed, thereby optimizing energy utilization....
As India’s power grid becomes increasingly complex due to rising renewable energy penetration, the need for a stable grid has never been more pressing. With the...
The implementation of the PM Surya Ghar: Muft Bijli Yojana in Karnataka has been slow to take off. Despite a sharp rise in registrations, only 6,519 rooftop solar...
India added 25.3 GW of solar module capacity and 11.6 GW of solar cell capacity in calendar year (CY) 2024, according to Mercom’s recently released State of Solar...
Uttar Pradesh, India’s largest state, has demonstrated significant potential for solar adoption. With ample sunshine for most of the year and government programs...
The Ministry of New and Renewable Energy (MNRE) has mandated that only solar cells manufactured using undiffused wafers will qualify under the Domestic Content...
India installed 6.9 GW of solar open access capacity in the calendar year 2024, 77% more than the 3.9 GW installed in 2023, a record for annual capacity additions,...
The electric vehicle (EV) industry is bracing for a short-term price surge, as the Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement...
Indian solar module and cell exports decreased 16% year-over-year (YoY) to $1.5 billion (~₹129.4 billion) in 2024 from $1.8 billion (~₹152 billion), according to recent...
A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying...
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...
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