2022

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Germany’s 2022 Solar Capacity Rises 35% Despite Lower Participation in Bids

Germany installed 7.18 GW of solar capacity in 2022, a growth of 35.47% year-over-year (YoY) from 5.3 GW installed in the last year, according to the latest data...

February 8, 2023

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Satish Shetty

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Markets & Policy

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Solar
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Top Five Solar Tenders in 2022 [Infographics]

Nearly 30 GW of solar tenders were floated in 2022. Here is a curated list of top solar tenders from the year: #1 The largest tender floated in 2022 was by REMC Limited,...

December 23, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Material Shortages, Supply Disruptions Cause 13% Dip in SMA Solar’s Net Income in 1H 2022

Material shortages and supply chain disruptions negatively impacted the sales and financials of solar equipment supplier SMA Solar Technology during the first half (1H)...

August 19, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported revenue of $2.58 million in the second quarter (Q2) of 2022, a 360% year-over-year...

August 12, 2022

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Arjun Joshi

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Other

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Renewable Energy
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China to Add 108 GW of Solar by the End of 2022: NEA

China’s National Energy Administration (NEA) has announced that out of the 121 GW of solar projects under construction, nearly 108 GW of new solar capacity will be...

June 6, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Residential Solar Firm Sunrun’s Total Revenue Surges 48% YoY in Q1 2022

Sunrun, a U.S.-based residential solar, battery storage, and energy services company, announced financial results for the first quarter (Q1) of the calendar year (CY)...

May 23, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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India Needs Just 14 GW to Meet the 60 GW Large-Scale Solar Target by 2022

India has installed 45.6 GW of utility-scale solar capacity to date, 14.4 GW shy of meeting the government-set target of installing 60 GW by 2022, according to Mercom’s...

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Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Gujarat-based power company Torrent Power has announced the fourth quarter (Q4) and full-year financial results for the financial year (FY) 2021-22. The company recorded...

May 11, 2022

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Arjun Joshi

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Finance and M&A

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Other
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SunPower Records a 45% YoY Increase in Revenue in Q1 2022

SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the first quarter (Q1) of the calendar year (CY)...

May 9, 2022

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Arjun Joshi

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Finance and M&A

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Other
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First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales

U.S.-based solar modules manufacturer First Solar has recorded a net loss of $43.25 million in the first quarter (Q1) of 2022 representing a quarter-over-quarter (QoQ)...

May 3, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022

India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at...

January 28, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Industry Expects Energy Storage to Gain More Ground in 2022

India’s renewable energy capacity is growing exponentially, driven by the ambitious target of achieving 500 GW of non-fossil energy capacity by 2030. Energy...

January 14, 2022

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Harsh Shukla

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Energy Storage

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Market & Policy

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