State-Owned DISCOMs Continue to Impede Renewables Growth

State-Owned DISCOMs Continue to Impede Renewables Growth

After at least two decades of bailouts and reform programs, the state-owned power distribution companies (DISCOMs) continue to be a massive drag on not only the upstream segments (generation and ...
/ / Mercom Research Focus, Solar
Rajasthan Proposes Free Solar Power for State DISCOMs from Interstate Projects

Rajasthan Proposes Free Solar Power for State DISCOMs from Interstate Projects

Rajasthan-based solar installations supplying electricity to other states will have to shell out 10% of their generation free of cost to the state's distribution companies (DISCOMs) if a proposal by ...
Virtual and Group Net Metering Critical to Achieve India's Rooftop Solar Target

Virtual and Group Net Metering Critical to Achieve India’s Rooftop Solar Target

Ground-mounted utility-scale solar installations have witnessed exponential growth in the last eight years, but rooftop solar has not quite taken off despite potential benefits to consumers. The lack of effort ...
Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka was the top seller of power in the Green Day Ahead Market (GDAM) in the first quarter (Q1) of 2022, accounting for 58.9% of the total power sold in ...
/ / Mercom Research Focus, Solar
Assam Making Rapid Strides in Solar Open Access

Assam Making Rapid Strides in Solar Open Access

Karnataka was the top state for open access solar installations in the second quarter (Q2) of the calendar year (CY) 2022, followed closely by Maharashtra, Tamil Nadu, Chhattisgarh, and Gujarat ...
/ / Mercom Research Focus, Solar
Open Access Solar Installations Up 97% YoY in 1H 2022, with 1.3 GW of New Capacity Additions

Open Access Solar Installations Up 97% YoY in 1H 2022, with 1.3 GW of New Capacity Additions

India added 1.3 GW of new open access solar capacity in the first half (1H) of the calendar year (CY) 2022, registering a growth of 97% compared to 638 MW ...
/ / Mercom Research Focus, Solar
Average Cost of Large-Scale Solar Projects Up 18% Year-over-Year

Average Cost of Large-Scale Solar Projects Up 18% Year-over-Year

The average cost of large-scale solar projects in the second quarter (Q2) of the calendar year (CY) 2022 was ₹45.4 million (~$568,536)/MW, according to Mercom's recently released Q2 2022 India ...
Investments in the Indian Solar Sector Up by 25% YoY in Q2 2022

Investments in the Indian Solar Sector Up by 25% YoY in Q2 2022

Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2022 totaled $2.82 billion (~₹217.49 billion), a 3% quarter-over-quarter (QoQ) increase compared to the ...
India Adds over 845 MW of Rooftop Solar in First Half of 2022

India Adds Over 845 MW of Rooftop Solar in First Half of 2022

India installed over 389 MW of rooftop solar capacity in the second quarter (Q2) of the calendar year (CY) 2022, a decline of 15% compared to 456 MW installed in ...
India Adds over 7 GW of Solar in a Record First Half of 2022

India Adds Over 7 GW of Solar in a Record First Half of 2022

India installed over 3.9 GW of solar capacity in the second quarter (Q2) of the calendar year (CY) 2022, an increase of 18% compared to 3.3 GW installed in the ...
India's Solar Power Generation Up by 34% YoY in 1H 2022

India’s Solar Power Generation Up by 34% YoY in 1H 2022

India generated 47.64 BU of solar power in the first half (1H) of the calendar year (CY) 2022, an increase of 34% compared to the same period last year. Solar ...
India added 430 MW of Wind Capacity in Q2 2022

India added 430 MW of Wind Capacity in Q2 2022

India added 430.45 MW of wind power capacity in the second quarter (Q2) of 2022, a 57% quarter-over-quarter (QoQ) increase compared to 275 MW installed in Q1 2022. The cumulative ...
Corporate Funding for Battery Storage Firms up by 64% YoY in 1H 2022

Corporate Funding for Battery Storage Firms Up by 64% YoY in 1H 2022

Global corporate funding for battery storage, smart grid, and energy efficiency companies in the first half (1H) 2022 increased to $17 billion compared to $10.4 billion raised in 1H 2021, ...
Solar’s Share in the Installed Power Capacity Mix Rises to 14.2% at the End of Q2 2022

Solar’s Share in the Installed Power Capacity Mix Rises to 14.1% at the End of Q2 2022

India’s installed renewable energy capacity, including large hydro projects, stood at 159.81 GW, accounting for a 39.69% share of the overall power capacity mix at the end of the second ...
Utility-Scale Projects Critical to Achieving the Solar Target of 280 GW by 2030

Utility-Scale Projects Critical to Achieving the Solar Target of 280 GW by 2030

India installed over 3 GW of solar capacity in the first quarter (Q1) of the calendar year (CY) 2022. According to Mercom's Q1 2022 India Solar Market Update, large-scale installations ...
9.6 GW of Tenders Issued and 4 GW of Solar Projects Auctioned in Q2 2022

9.1 GW of Tenders Issued and 4 GW of Solar Projects Auctioned in Q2 2022

Various government agencies floated solar tenders totaling approximately 9.13 GW in the second quarter (Q2) of the calendar year (CY) 2022, an increase of 80% compared to the previous quarter, ...
Demand-Supply Gap of Solar Module BoS Components is Driving Domestic Module Prices Up

Demand-Supply Gap of Solar Module BoS Components is Driving Domestic Module Prices Up

At a time when the solar industry had started to gain momentum, with 2022 expected to be one of the best years in terms of installations, the increase in domestic ...
Favorable Banking Policies Driving Growth of Open Access Solar in Many States

Favorable Banking Policies Driving Growth of Open Access Solar in Many States

Energy banking is an essential aspect of any open access project. The states with favorable energy banking policies are leading the way in open access installations. Banking of energy or ...
Chhattisgarh Makes Rapid Strides Towards Expanding Solar Open Access Market

Chhattisgarh Makes Rapid Strides Towards Expanding Solar Open Access Market

Karnataka was the top state for solar open access installations in the first quarter (Q1) of the calendar year (CY) 2022, followed closely by Maharashtra, Gujarat, Chhattisgarh, and Tamil Nadu ...
DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan

DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan

Rajasthan is one of the most favorable states to set up group captive solar power projects due to its high solar irradiation and the benefit of lower net landed cost ...
Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

In October 2021, the power exchanges introduced the Green Day Ahead Market (GDAM), a segment that provides participants the opportunity to purchase electricity on a day-ahead basis. GDAM provides new ...
The Top 5 States for Open Access Solar Installations in Q1 2022

The Top 5 States for Open Access Solar Installations in Q1 2022

India added nearly 513 MW of open access solar installations in the first quarter (Q1) of the calendar year (CY) 2022, marking an increase of 58% quarter-over-quarter (QoQ) compared to ...
Western Odisha Could be the Next Hot Spot for Solar Open Access Installations

Western Odisha Could be the Next Hot Spot for Solar Open Access Installations

Odisha has significant potential for solar open access due to large-scale industries in the western region. The distribution company, TP Western Odisha Distribution (TPWODL), has the state's lowest wheeling charge ...
Open Access Solar Installations Rise by 58% QoQ to 513 MW in Q1 2022

Open Access Solar Installations Rise by 58% QoQ to 513 MW in Q1 2022

India added 513 MW of new open access solar capacity in the first quarter (Q1) of the calendar year (CY) 2022, registering a growth of 58% quarter-over-quarter (QoQ), compared to ...
India Added Over 456 MW of Rooftop Solar Capacity in Q1, Second-Highest in a Quarter

India Added Over 456 MW of Rooftop Solar Capacity in Q1, Second-Highest in a Quarter

India added 456 MW of rooftop solar capacity in the first quarter (Q1) of the calendar year (CY) 2022, a 34% year-over-year growth compared to 341 MW registered in the ...