Mercom Research Focus
The recent reimposition of the Approved List of Models and Manufacturers (ALMM) regulation has surprised industry stakeholders as the government withdrew exemptions for...
India added 3.2 GW of new solar open access capacity in 2023, the most in any calendar year to date, with the top five states accounting for 84.2% of the new installed...
Renewable energy project development is surging across India, resulting in an unprecedented demand for evacuation infrastructure to connect to the grid. According to a...
India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in calendar year (CY) 2023, according to the recently released State of Solar PV Manufacturing in...
India installed 2.8 GW of new wind energy capacity in 2023, a ~56% surge from 1.8 GW in 2022. The cumulative wind capacity as of December 2023 stood at 44.7 GW, compared...
The average cost of large-scale solar power projects in India declined by 26.6% year-over-year (YoY) in the fourth quarter (Q4) of 2023 following a drop in module prices....
India achieved a record-breaking annual installation of solar open access, adding 3.2 GW, in the calendar year (CY) 2023, a marginal increase from the 3 GW installed in...
India installed 1.7 GW of rooftop solar capacity in 2023, the second-highest annual installation numbers on record, according to Mercom India Research’s newly...
Prices of solar modules shipped from Asia to Europe have jumped as much as 20% as trade disruptions in the Red Sea, which carries 12% of the world’s seaborne trade, have...
Indian solar exports rose 227% year-over-year (YoY) to $1.8 billion (~₹152.6 billion) in CY 2023 from $561 million (~₹46.4 billion), according to recent data published...
Solar installations in India dropped 44.1% in the calendar year (CY) 2023, with a capacity of 7.5 GW added against 13.4 GW in 2022, according to Mercom India’s Q4...
In Rajasthan, where the promise of renewable energy seems boundless, hurdles have emerged in the path of progress where a significant capacity of open access solar...
The Approved List of Models and Manufacturers (ALMM) regulation will be back in force from April 1, 2024, with exemptions for projects set up under open access solar and...
Consumers of electricity in a few Indian states could soon become ‘prosumers’ by installing rooftop solar and selling excess power generated directly to...
Large industries in Odisha have the mandate of fulfilling Renewable Purchase Obligations (RPO) owing to the captive thermal plants used to run their facilities. This...
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