india

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Global Investments in Solar Sector to Reach $450 Billion in 2025: IEA

Global investments in the energy sector are set to reach a record $3.3 trillion in 2025, a 2% increase from 2024, according to the International Energy Agency’s (IEA)...

June 9, 2025

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Tina Freese

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Renewable Energy

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Solar
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Businesses are Powering the Renewable Revolution, But Systemic Gaps Persist: Report

In 2024, RE100 member companies consumed over 545 TWh of electricity. More than half of that power, 53%, was attributed to renewable sources. Yet only 42% was verified...

June 4, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: India’s Wind Energy Capacity Up 134% QoQ in Q1 2025

India added 1.8 GW of wind energy capacity in the first quarter (Q1) of the calendar year 2025, an increase of 63% year-over-year from 1.15 GW in Q1 2024. The capacity...

May 22, 2025

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Mercom Staff

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Daily Wrap-up
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Global Solar Installations Hit a Record 597 GW in 2024: Report

Global solar installations hit a record high of 597 GW in 2024, a 33% increase year-over-year (YoY) from 2023, according to a new report from SolarPower Europe. After...

May 13, 2025

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Tina Freese

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Renewable Energy

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Solar
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MNRE Adds 5,085 MW Solar Module Capacity Under ALMM

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) by adding 5,085 MW of solar module manufacturing...

April 22, 2025

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Tina Freese

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Manufacturing

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Solar
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Global Energy Demand Up 2.2% in 2024, Amid Weather, Data Centers, Industrial Growth

In 2024, India witnessed the second-highest growth in energy demand after China in absolute terms – more than the increase in all advanced economies combined, according...

April 2, 2025

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Staff

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Other

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Renewable Energy
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Electric Vehicle Sales Clock 3% YoY Growth in Q1 2025

Electric vehicle (EV) sales in India reached 514,198 units in the first quarter (Q1) of 2025, an increase of over 3% year-over-year (YoY) against the 499,930...

April 1, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Solar-Powered Water ATMs Provide Clean Drinking Water to 100 Villages

Access to safe drinking water has been a challenge in India. In rural areas where power supply is also a huge concern, solar-powered water ATMs are a viable solution....

March 13, 2025

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Tina Freese

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C&I

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Solar
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Government Updates Domestic Content Norms for Solar Cells

The Ministry of New and Renewable Energy (MNRE) has issued the updated Domestic Content Requirement (DCR) norms for solar cells. According to the revised guidelines, a...

March 11, 2025

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Arjun Joshi

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Markets & Policy

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Solar
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EV Company Vidyut Raises $2.5 Million From Flourish Ventures

Vidyut, an electric vehicle (EV) ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired...

March 3, 2025

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Tina Freese

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Renewable Energy
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Best-Ever Year for Solar as India Adds 25 GW Capacity in 2024

India added 25.2 GW of solar capacity in the calendar year 2024, a 204% increase compared to the 8.3 GW added in 2023. According to Mercom India’s latest Q4 and...

February 25, 2025

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Arjun Joshi

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Mercom Research Focus

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Solar
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PM Surya Ghar Completes One Year with Over 800,000 Rooftop Solar Installations

The PM Surya Ghar: Muft Bijli Yojana has completed one year of significant progress in promoting rooftop solar adoption nationwide. As of January 27, 2025, 846,000...

February 13, 2025

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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MNRE Sets Efficiency Standards for Solar Modules, Inverters and Batteries

The Ministry of New and Renewable Energy (MNRE) has released the “Solar Systems, devices and Components Goods Order, 2025,” setting performance standards for solar...

January 29, 2025

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Tina Freese

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Markets & Policy

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Solar
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Center and States Must Align Better for Accelerated Solar Open Access Growth

There is a remarkable shift in the adoption of renewable energy in India, particularly with solar open access growing as a compelling choice for commercial and...

January 22, 2025

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Tina Freese

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Mercom Research Focus

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Open Access

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Solar
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Electric Vehicle Sales Clock 27% Yearly Growth in 2024, Reach 1.9 Million Units

Electric vehicle (EV) sales in India reached a record 1.95 million units in 2024, an over 27% growth year-over-year against the 1.53 million units sold in 2023. EVs...

January 2, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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