SNS Corporation, Strolar, and ISHKON - Leading Solar Mounting Suppliers in 2021

SNS Corporation, Strolar, and ISHKON – Leading Solar Mounting Suppliers in 2021

In the calendar year (CY) 2021, SNS Corporation, Strolar, and ISHKON Industries were the top three module mounting structure suppliers in the Indian solar market. Arctech and Voltas rounded off ...
ReNew, Adani Green, and Azure Were Top Utility-Scale Solar Developers in 2021

ReNew, Adani Green, and Azure Were Top Utility-Scale Solar Developers in 2021

India added 10 GW of solar capacity in the calendar year (CY) 2021, making it the best year for the solar sector. The installations marked a 210% year-over-year (YoY) growth, ...
Jinko Solar's Module Shipments Up 93% QoQ in Q4 2021

Jinko Solar’s Module Shipments Up 93% QoQ in Q4 2021

Chinese solar cell and module manufacturer Jinko Solar, in its recently announced financial results, posted a revenue of $2.57 billion in the fourth quarter (Q4) of 2021, a 73.9% year-over-year ...
/ / Finance and M&A, Solar
Open Access Solar Installations in India Up 222% YoY, With 1.2 GW New Capacity in 2021

Open Access Solar Installations in India Up 222% YoY, With 1.2 GW New Capacity in 2021

India added 1.2 GW of new solar open access capacity in the calendar year (CY) 2021, marking a growth of 222% year-over-year (YoY), making it the second-best year for open ...
Fuel Cell Manufacturer Ballard’s Revenue Up by 28% YoY in Q4 2021

Fuel Cell Manufacturer Ballard’s Revenue Up by 28% YoY in Q4 2021

Fuel cell solutions provider Ballard Power Systems announced the results for the fourth quarter (Q4), and the year ended December 31, 2021. Ballard zero-emission PEM fuel cells enable electrification of ...
Solar Installations in India Reach 50 GW

Solar Installations in India Reach 50 GW

India's cumulative solar installations have hit the 50 GW milestone as of February 2022, according to Mercom India Research. The country's installations came from 43 GW of utility-scale solar and 7 ...
India Installed 1.7 GW of Rooftop Solar Capacity in 2021, the Highest-Ever for a Year

India Installed 1.7 GW of Rooftop Solar Capacity in 2021, the Highest-Ever in a Year

In calendar year (CY) 2021, India added 1.7 GW of rooftop solar, the highest-ever recorded in a calendar year. Installations were up 138% compared to 2020, according to Mercom India ...
Hydrogen Solutions Provider Plug Power Reports Net Revenue of $162 Million in Q4 2021

Hydrogen Solutions Provider Plug Power Reports Net Revenue of $162 Million in Q4 2021

U.S.-based Plug Power, a provider of green hydrogen and fuel cell solutions, has announced the results for the fourth quarter (Q4) of the calendar year (CY) 2021. The company reported ...
/ / Other, Other Energy
Atlantica’s Renewables Portfolio Up by 43.5%, Generates $928 Million in Revenue in 2021

Atlantica’s Renewables Portfolio Up by 43.5%, Generates $928 Million in Revenue in 2021

Atlantica Sustainable Infrastructure, a sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy (including solar power) and environment sectors, recorded total revenue of $271.33 million ...
/ / Other, Renewable Energy
Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

U.S.-based solar modules manufacturer First Solar recorded a net income of $131.37 million in the fourth quarter (Q4) of 2021, representing a quarter-over-quarter (QoQ) growth of 190% compared to the ...
/ / Markets & Policy, Solar
Smart Energy Storage Company Stem’s Revenue up 184% YoY in Q4 2021

Smart Energy Storage Company Stem’s Revenue up 184% YoY in Q4 2021

Artificial Intelligence (AI)-enabled energy storage software and services provider Stem recorded a revenue of $52.8 million in the fourth quarter (Q4) of 2021, representing a year-over-year (YoY) increase of 184% ...
/ / Other, Renewable Energy
Residential Solar Firm Sunnova Registers a 71% YoY Jump in Revenue in Q4 2021

Residential Solar Firm Sunnova Registers a 71% YoY Jump in Revenue in Q4 2021

U.S.-based residential solar and storage service provider, Sunnova Energy International, has reported a revenue of $65 million in the fourth quarter (Q4) of 2021, an increase of 71% compared to ...
/ / Other, Renewable Energy
France’s Cumulative Solar Installations Touched 13 GW Mark at the End of 2021

France’s Cumulative Solar Installations Touched 13 GW Mark at the End of 2021

According to the latest data released by the French Renewable Energy Trade Association (SER), France’s total installed solar photovoltaic capacity reached the 13.07 GW mark at the end of December ...
/ / Markets & Policy, Solar
Scatec Announces Q4 Results, Defers 900 MW India Solar Project

Scatec Announces Q4 Results, Defers 900 MW India Solar Project

Independent power producer Scatec announced its quarterly and full-year results, showing a revenue generation of  NOK46.15 billion (~$5.23 billion) in 2021, a 62% increase compared to NOK28.44 billion (~$3.22 billion) ...
/ / Finance and M&A, Other
Most Impactful Interviews with Clean Energy Industry Leaders in 2021

Most Impactful Interviews with Clean Energy Industry Leaders in 2021

Experts across the clean energy spectrum have shared their insights, plans, and opinions with Mercom's news team on critical issues and opportunities in the industry. From scaling solar manufacturing to ...
/ / Mercom Research Focus, Other
Top Developments in the Indian Energy Storage Sector in 2021

Top Developments in the Indian Energy Storage Sector in 2021

India aims to have 500 GW of non-fossil fuel capacity by 2030. While renewable energy installations are steadily increasing, the country lacks adequate energy storage solutions to support the integration ...
/ / Mercom Research Focus, Other
Five Lowest Solar Tariffs in 2021 (Infographics)

Five Lowest Solar Tariffs in 2021 [Infographics]

Almost 20 GW of solar projects were auctioned in India in 2021. The lowest tariff discovered in these auctions was ₹2.14 (~$0.028)/kWh, an increase of nearly 8% compared to the ...
/ / Mercom Research Focus, Other
Top 5 Solar Tenders in 2021 [Infographics]

Top 5 Solar Tenders in 2021 [Infographics]

Nearly 28.7 GW of solar tenders were floated during 2021, with the sector steadily recovering from the second wave of the Covid-19. Two of the top five solar tenders floated ...
/ / Mercom Research Focus, Other
India's Solar Installations Reach 40 GW Milestone

India’s Solar Installations Reach 40 GW Milestone

India's cumulative solar installations have hit the 40 GW milestone, according to Mercom India Research. As of February 2021, the country's total installations comprised 34.9 GW of utility-scale solar installations and ...
Haryana Budget Includes Solar Projects, Lights, Pumps, and EV Announcements

Haryana Budget Includes Solar Projects, Lights, Pumps, and EV Announcements

Haryana Chief Minister Manohar Lal announced the budget for 2021-22. Provisions were made to set up 93 MW of solar projects, among other renewable and e-mobility plans. The Haryana Power ...
Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43 billion ...
India Needs $206 Billion Between 2015-2030 to Fight Climate Change

Economic Survey 2021: India Needs $206 Billion Between 2015-2030 to Fight Climate Change

The Ministry of Finance's (MoF) Economic Survey for 2021 reiterated the Indian government's commitment to sustainable development despite the challenges brought forth by the COVID-19 pandemic. It also spoke about ...
Outlook for Energy Storage in 2021Outlook for Energy Storage in 2021

Outlook for Energy Storage in 2021

As renewable installations in the country rise, it is crucial to ensure adequate energy storage solutions are in place to support renewables integration into the power mix. While the Indian government ...
Solar Industry Executives Weigh in On Growth Prospects and Outlook for 2021

Solar Industry Executives Weigh in On Growth Prospects and Outlook for 2021

With a tumultuous year behind it, the Indian solar industry has much to look forward to in 2021. The country has a robust solar project pipeline, and investors are optimistic ...
Companies Expect a Phenomenal Year for Electric Vehicles in 2021_ Industry Reacts

Companies Expect a Phenomenal Year for Electric Vehicles in 2021: Industry Reacts

The manufacturing and sales activity were impacted by COVID-19 in the Electric Vehicle (EV) segment in India in the first half of 2020 due to a lengthy lockdown and exodus ...