According to Mercom Capital Group’s newly released Annual and Q4 2024 Funding and M&A Report for Storage & Grid, corporate funding for energy storage companies,...

Bid invitations for utility-scale solar projects in calendar year (CY) 2024 surpassed annual tender announcements of all previous years. Several entities floated tenders...

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...

Global corporate funding in the solar sector in 2024 reached $26.3 billion, a 24% year-over-year (YoY) decline from $34.4 billion, according to Mercom’s Annual and Q4...

As India’s renewable energy sector continues to grow, the spotlight is on Finance Minister Nirmala Sitharaman as she prepares to present the Union Budget 2025. As...

Maharashtra and Rajasthan have been frontrunners in the adoption of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component C,...

Until recently, large-scale energy storage was barely a consideration in the Middle East, where fossil fuels have long dominated power generation. With renewable energy...

Mercom India conducted a series of exclusive interviews with top executives from the renewable energy sector and government agencies, bringing out their insights on the...

Tenders amounting to about 70 GW were issued for developing utility-scale solar projects in 2024. Here is a list of top utility-scale solar tenders from the year: #1 The...

The energy supply from wind-solar hybrid power projects is comparatively more consistent as compared to standalone wind and solar projects, offering a better capacity...

The year 2024 marked a transformative period for the wind energy sector in India, with significant growth and regulatory advancements. India’s cumulative wind power...

India has over 4.64 million registered electric vehicles (EV). The year 2024 saw EV adoption increase across all categories due to various incentives and subsidies...

The share of solar and wind energy in India’s power mix was over 30% as of September 2024. The demand for utility-scale energy storage systems in India is primarily from...

In calendar year 2024, with 18.5 GW of projects going under the hammer in 27 auctions. The lowest tariff discovered in 2024 was ₹2.15 (~$0.025)/kWh, 15% lower than the...

In the first nine months (9M) of 2024, India added 4.8 GW of solar open access capacity, a 69% year-over-year (YoY) increase from 2.8 GW, according to the Q3 2024 India...