2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19

The coronavirus crisis has disrupted the momentum in all segments of the renewable industry. The Ministry of Power’s (MoP) waiver on Interstate Transmission System (ISTS) charge is currently only applicable ...
Top Five States for Utility-Scale Solar Installations [Infographics]

Top Five States for Utility-Scale Solar Installations [Infographics]

During the first quarter of 2020, 886 MW of large-scale solar projects were installed in India, accounting for 82% of overall solar installations, according to Mercom India Research’s Q1 2020 ...
What Value Will ALMM Listing Add to the Solar Industry_

What Value Will ALMM Listing Add to the Solar Industry?

The Ministry of New and Renewable Energy’s (MNRE) proposal to implement its ‘Approved Lists of Models and Manufacturers’ (ALMM) order has raised more questions than it has answered. Why has ...
India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s solar imports fell by 77% year-over-year (YoY) in the first quarter (Q1) of the calendar year (CY) 2020 with $151 million (~₹10.8 billion) compared to $650 million (₹45.8 billion) ...
Despite COVID-19, About $7 Billion Worth of Solar Tenders Announced in Q1

Despite COVID-19, About $7 Billion Worth of Solar Tenders Announced in Q1

While the global pandemic continues to affect the solar industry around the world, India announced 14 GW of solar tenders. Despite the pandemic, about 3.5 GW of solar projects were ...
Five Lowest Solar Bids Recorded in 2019 [Infographics]

Five Lowest Solar Bids Recorded in 2019 [Infographics]

India’s solar industry is extremely price-sensitive, where the difference of a single penny can make a difference. Over 16 GW of solar projects were auctioned in 2019, and the lowest ...
Investments in Indian Solar Sector Declined 66% YoY to $970 Million in Q1 Amid COVID-19

Investments in Indian Solar Sector Declined 66% YoY to $970 Million in Q1 Amid COVID-19

Investments in the Indian solar industry totaled $970 million (~₹72.9 billion) in the first quarter (Q1) of 2020, according to Mercom’s Q1 2020 India Solar Market Update. Investments were 66% ...
COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

India installed 1,080 MW of solar capacity in the first quarter (Q1) of 2020, a 43% decline quarter-over-quarter (QoQ), compared to 1,897 MW installed in Q4 2019. The findings were ...
Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019

In the calendar year (CY) 2019, Huawei, emerged as the lead supplier of inverters to the Indian solar market overall, followed by Sungrow and TBEA Energy. ABB and TMEIC rounded ...
Tata Power Solar, Fourth Partner Energy, Azure Power_ Top Rooftop Solar Installers in 2019

Tata Power Solar, Fourth Partner Energy, Azure Power: Top Rooftop Solar Installers in 2019

Tata Power Solar, Fourth Partner Energy, and Azure Power emerged as the top solar rooftop installers in India in the calendar year (CY) 2019, according to Mercom’s India Solar Market Leaderboard ...
ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...
Solar Power Generation in India Sees the Lowest YoY Increase in FY 2019-20

Solar Power Generation in India Sees the Lowest YoY Increase in FY 2019-20

According to the data released by the Central Electricity Authority (CEA), solar-generated electricity accounted for 50.1 billion units (BU) in FY 2019-20. This shows a growth of 28% year-over-year (YoY) ...
Solar Tender Announcements Dipped 45% in April While Auctions Rose

Solar Tender Announcements Dipped 45% in April While Auctions Rose

Tender activity in April 2020 was down 45% from March. According to Mercom’s India Solar Tender Tracker, around 3.6 GW of solar projects were announced in April, compared to over 8 ...
Mercom Reveals India’s Solar Market Leaders in CY 2019

Mercom Reveals India’s Solar Market Leaders in CY 2019

Mercom India Research has released a data report, India Solar Market Leaderboard 2020, which reveals the solar industry market leaders that emerged during the calendar year (CY) 2019. The report features ...
2.07 GW of Wind Power Capacity Installed in India During FY 2019-20

2.07 GW of Wind Power Capacity Installed in India During FY 2019-20

Wind power installations in India rose to 2.07 GW in the financial year (FY) 2019-20, a 31% increase as compared to 1.58 GW in the FY 2018-19. The cumulative installations ...
With $164 Million, Global Battery Storage VC Funding in Q1 2020 Increased 20% YoY

With $164 Million, Global Battery Storage VC Funding in Q1 2020 Increased 20% YoY

Battery storage, smart grid, and energy efficiency companies received $252 million in venture capital (VC) funding in the first quarter (Q1) of 2020, a 20% increase from the $210 million ...
Solar’s Share in India’s Installed Power Capacity Mix Rises to 9.8% as of Q1 2020

Solar’s Share in India’s Installed Power Capacity Mix Rises to 9.8% as of Q1 2020

The share of renewable energy (including large hydro) in India’s overall installed power capacity mix rose marginally to 36.2% at the end of the first quarter of 2020, from 35.9% ...
Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

The total corporate funding in the solar sector, which includes venture capital funding, public market, and debt financing has plummeted by 31% at $1.9 billion (~₹143.4 billion) in Q1 2020 ...
Sizeable Investments Waiting to be Unlocked in India’s Solar Open Access Market

Sizeable Investments Waiting to be Unlocked in India’s Solar Open Access Market

The total installed solar capacity in the open access market reached 3.6 GW at the end of the calendar year (CY) 2019 and the pipeline of projects under development and ...
Solar Tender and Auction Announcements Declined Sharply in February

Solar Tender and Auction Announcements Declined Sharply in February

Tender announcements in February 2020 fell nearly 58% from the previous month, with only about 1.7 GW of solar projects announced, according to Mercom India’s Solar Tender Tracker. This is a ...
India’s Wind Power Installations Flat in 2019 with 2.4 GW

India’s Wind Power Installations Flat in 2019 with 2.4 GW

Wind installations were flat in India with 2.4 GW of wind power capacity added in the calendar year (CY) 2019, compared to 2.3 GW 2018. The cumulative wind power installations ...
/ / Mercom Research Focus, Other
Indian Solar Industry Optimistic Going Into 2020

At 7.3 GW, India’s Solar Installations in 2019 Declined by 12%

India installed 7,346 MW of solar capacity in the calendar year (CY) 2019, a 12% decline year-over-year (YoY), compared to 8,338 MW in 2018, according to Mercom India Research’s newly ...
/ / Mercom Research Focus, Other
Solar Imports Declined, Exports Surged in 2019

Solar Imports Declined, Exports Surged in 2019

In the calendar year (CY) 2019, India imported solar cells and modules worth $2.17 billion, a drop of almost 16% compared to CY 2018. In CY2018, the Indian solar sector ...
/ / Mercom Research Focus, Other
Solar Tender and Auction Activity Surged in January 2020

Solar Tender and Auction Activity Surged in January 2020

Tender activity in January 2020 saw an increase of over 70% from the previous month with over 4 GWs of solar projects announced, according to Mercom India’s Solar Tender Tracker, ...
Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

In 2019, global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies totaled $2.3 billion compared to $2.8 billion raised in ...
/ / Mercom Research Focus, Other