Mercom Research Focus

Solar power project development slowed down drastically since March when India imposed a lockdown to control the COVID-19 pandemic. Solar installations declined more than 80% in Q2. Only 205 MW ...

Historically, mobility and fossil fuels have been inextricably linked, and electric vehicles (EVs) have been on the fringes relevant only in a few niche markets. But with climate change taking ...

Mercom Capital Group has released a new report revealing the top 10 global large-scale solar PV developers. Adani Green Energy was the top solar photovoltaics (PV) developer in the world ...

The government of India has been promoting self-reliance and is trying to limit India’s dependence on imports and expand domestic manufacturing capabilities. So far, duties have been the means to ...

The average large-scale solar project cost was approximately ₹34 million (~$455,532)/MW in the second quarter (Q2) 2020, a decline of 10% from the same period last year, according to Mercom’s ...

Government agencies announced nearly 6 GW of solar tenders during the second quarter of 2020 (Q2 2020), a 58% decline compared to 13.4 GW in the previous quarter, according to ...

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...

India's push towards transforming the energy sector began a decade ago with the formulation of the National Solar Mission. To enforce policies for renewable energy expansion and create demand, the ...

The Indian solar industry has been dependent on imported solar cells and modules since the inception of the National Solar Mission. The focus so far has been on project development ...

Indian solar imports declined by 83% in the second quarter (Q2) of the calendar year (CY) 2020, totaling $69 million (₹5.15 billion) as compared to $399 million (₹29.7 billion) during ...

As the economy dwindles, industries worldwide are looking frantically at cost-saving measures to keep profit margins from getting thinner. While some segments of the commercial and industrial sector witnessed a ...

Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first half (1H) of 2020 was down by 51% ...

India’s rooftop solar capacity stood at 4.6 GW at the end of Q1 2020, against the target of 40 GW by 2022. Out of the total capacity, nearly 70% came ...

India installed 136 MW of wind power projects in the second quarter (Q2 2020) of the calendar year (CY), data from the Ministry of New and Renewable Energy (MNRE) showed ...

In the Indian power sector, open access means a mechanism in which large consumers have access to the transmission and distribution network so that they are free to obtain power ...

Total corporate funding – including venture capital (VC) funding, public market, and debt financing – dipped 25% to $4.5 billion (~₹336.09 billion) in the first half of 2020 (1H 2020) ...

The Electricity Act of 2003 was enacted by the Government of India to govern the country’s power sector with the best interests of all its stakeholders in mind. The Act’s ...

In April, the Ministry of New and Renewable Energy (MNRE) came up with a blanket commissioning time extension for all renewable energy projects under construction in the country because of ...

The 2022 deadline for India's solar target is looming large, and now is the time when all states should be working cohesively towards enabling solar expansion. Instead, several states in ...

Solar parks are a vital piece in India’s solar dream and were designed to reduce bottlenecks and bring down large-scale project development costs by allocating land, and providing transmission infrastructure, ...

Cumulative rooftop solar installations in India reached 4.6 GW as of Q1 2020. In the first quarter of 2020, India installed 194 MW of rooftop solar projects, a decline of ...

The coronavirus crisis has disrupted the momentum in all segments of the renewable industry. The Ministry of Power’s (MoP) waiver on Interstate Transmission System (ISTS) charge is currently only applicable ...

During the first quarter of 2020, 886 MW of large-scale solar projects were installed in India, accounting for 82% of overall solar installations, according to Mercom India Research’s Q1 2020 ...

The Ministry of New and Renewable Energy’s (MNRE) proposal to implement its ‘Approved Lists of Models and Manufacturers’ (ALMM) order has raised more questions than it has answered. Why has ...

As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...