India’s Power Supply Deficit Widens to 0.5% in Q2 2020 Amid COVID_ CEA

India’s Power Supply Deficit Widens to 0.5% in Q2 2020 Amid COVID: CEA

India’s power supply deficit widened to 0.5% in the second quarter of 2020 (Q2 2020), up from 0.4% in the same period last year, according to the data from the ...
Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

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) ...
_Electricity Act Amendment Proposals That Could Invigorate the Renewable Energy Sector

Electricity Act Amendment Proposals That Could Invigorate the Renewable Energy Sector

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 ...
Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough

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 ...
After Andhra, Haryana's Flip-Flop on Solar Development is Costing Developers

After Andhra, Haryana’s Flip-Flop on Solar Development is Costing Developers

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 ...
Top 5 Operational Solar Parks in India [infographics]

Top 5 Operational Solar Parks in India [Infographics]

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, ...
Top States for Rooftop Solar Installations [Infographics]

Top States for Rooftop Solar Installations [Infographics]

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 ...
2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

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 ...
Top Five States for Utility-Scale Solar Installations [Infographics]

Top Five States for Utility-Scale Solar Installations [Infographics]

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 ...
What Value Will ALMM Listing Add to the Solar Industry_

What Value Will ALMM Listing Add to the Solar Industry?

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 ...
Renewable Expansion Key to Economic Growth Post-Pandemic

Renewable Expansion Key to Economic Growth Post-Pandemic

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 ...
Now is the Time for Smart Meters in India

Now is the Time for Smart Meters in India

The ongoing coronavirus crisis and the poor financial performance of power distribution companies (DISCOMs) have shown that the power sector needs a serious revamp, and smart meters have to become ...
India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s solar imports fell by 77% year-over-year (YoY) in the first quarter (Q1) of the calendar year (CY) 2020 with $151 million (~₹10.8 billion) compared to $650 million (₹45.8 billion) ...
Impact of Basic Customs Duty on Solar Manufacturers Located in India’s SEZs

Impact of Basic Customs Duty on Solar Manufacturers Located in India’s SEZs

The Indian government has introduced several protectionist policies in the recent past to boost domestic manufacturing in the solar sector. Some of these measures include the anti-dumping duty, safeguard duty, ...
Despite COVID-19, About $7 Billion Worth of Solar Tenders Announced in Q1

Despite COVID-19, About $7 Billion Worth of Solar Tenders Announced in Q1

While the global pandemic continues to affect the solar industry around the world, India announced 14 GW of solar tenders. Despite the pandemic, about 3.5 GW of solar projects were ...
Five Lowest Solar Bids Recorded in 2019 [Infographics]

Five Lowest Solar Bids Recorded in 2019 [Infographics]

India’s solar industry is extremely price-sensitive, where the difference of a single penny can make a difference. Over 16 GW of solar projects were auctioned in 2019, and the lowest ...
Average Large-Scale Solar System Costs Declined by 12%, Rooftop by 9% YoY in Q1 2020

Average Large-Scale Solar System Cost Declined by 12%, Rooftop by 9% YoY in Q1 2020

The average large-scale solar system cost was approximately ₹35 million (~$0.46 million) in Q1 2020, 12% lower compared to ₹40 million (~$0.53 million) during Q1 of 2019, according to Mercom’s ...
India on Pace to Install 65 GW of Solar by 2022, Far Off the 100 GW Goal

India on Pace to Install 65 GW of Solar by 2022, Far Off the 100 GW Goal

The Indian government’s goal of installing 100 GW of solar by the year 2022 is becoming tougher by the day, especially after the outbreak of the coronavirus pandemic. The country ...
Investments in Indian Solar Sector Declined 66% YoY to $970 Million in Q1 Amid COVID-19

Investments in Indian Solar Sector Declined 66% YoY to $970 Million in Q1 Amid COVID-19

Investments in the Indian solar industry totaled $970 million (~₹72.9 billion) in the first quarter (Q1) of 2020, according to Mercom’s Q1 2020 India Solar Market Update. Investments were 66% ...
Bailing Out Power DISCOMs at Every Crisis is Not the Way to Fix Them

Bailing Out Power DISCOMs at Every Crisis is Not the Way to Fix Them

Distribution Companies (DISCOMs) have been a significant strain on the Indian power system. Their poor financial performance has been weighing down the entire sector with their inability to pay power ...
Goodbye Polycrystalline Solar Modules, Hello Mono PERC, HJT, Bifacial

Goodbye Polycrystalline Solar Modules, Hello Mono PERC, HJT, Bifacial

Technology shift in the solar industry has been taking place rapidly across the globe, but India, a notoriously cost-sensitive market, has been slow to adapt and accept newer products. Higher ...
COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

India installed 1,080 MW of solar capacity in the first quarter (Q1) of 2020, a 43% decline quarter-over-quarter (QoQ), compared to 1,897 MW installed in Q4 2019. The findings were ...
Waaree, Adani, Risen Largest Suppliers of Solar Modules in CY 2019

Waaree, Adani, Risen Largest Suppliers of Solar Modules in CY 2019

Waaree Energies, Adani Solar, and Risen Energy emerged as the top three suppliers of solar modules in India in terms of shipments in the calendar year (CY) 2019. These three ...
Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

In the calendar year (CY) 2019, Huawei, emerged as the lead supplier of inverters to the Indian solar market overall, followed by Sungrow and TBEA Energy. ABB and TMEIC rounded ...
Rooftop Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times

Rooftop Solar Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times

The rooftop solar has struggled to catch on in India with just over 4 GW installed compared to the government goal of developing 40 GW by 2022. The market declined ...