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
Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Renewable energy (including large hydro) accounted for almost 36% of India’s total power capacity mix at the end of the calendar year (CY) 2019, according to data from the Central ...
Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Total corporate funding in the solar sector increased by 20% in 2019, reaching $11.7 billion in 117 deals, up from $9.7 billion in 139 deals in 2018, according to Mercom ...
/ / Mercom Research Focus, Other
TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

In the first half of 2019 (1H 2019), TMEIC emerged as the top supplier of solar inverters to the Indian market with a market share of approximately 20% while Sungrow ...
After a Slow November, Tender and Auction Activity Picked Up in December 2019

After a Slow November, Solar Tender and Auction Activity Picked Up in December 2019

The month of December 2019 saw a significant rise in the solar tender activity compared to the subdued activity in November 2019. The last month of 2019 also saw one ...
35 GW of Solar Installed, 65 GW More to go for India to Reach its 100 GW Solar Target

35 GW of Solar Installed, 65 GW More to go for India to Reach its 100 GW Solar Target

Total solar installations in India have crossed the 35 GW mark, according to Mercom’s India Solar Project Tracker. The country has a goal of reaching 100 GW of solar capacity ...
/ / Mercom Research Focus, Other
Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports ...
Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Ganges Internationale, Purshotam Profiles, and Strolar emerged as the top ...
734 MW of Solar Projects Tendered in November; But No Auctions

734 MW of Solar Projects Tendered in November; But No Auctions

Solar tender activity slowed down while there were no auctions in November 2019. While the month did not see any auctions, only 734 MW of solar tenders were floated, according ...
Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019

Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019

According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Trina Solar, Adani, and Risen Energy emerged as the top ...
Azure Power and Tata Power Top the Rooftop Solar Installer Leaderboard in 1H 2019

Azure Power and Tata Power Top the Rooftop Solar Installer Leaderboard in 1H 2019

Approximately  3.8 GW of rooftop solar projects have been installed cumulatively across India as of the end of first half (1H) of 2019. During 1H 2019, approximately 555 MW of ...
/ / Mercom Research Focus, Other
India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

According to Mercom India Research’s newly released Q3 2019 India Solar Market Update, solar installations in India increased 44% in Q3 2019 reaching 2,170 MW, compared to 1,510 MW in ...
/ / Mercom Research Focus, Other
Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects in ...
/ / Mercom Research Focus, Other
Solar Power Generation Dipped in the Third Quarter of 2019 By Nearly 14%

Solar Power Generation Dipped in the Third Quarter of 2019 By Nearly 14%

Solar power generation numbers declined by 14% quarter over quarter (QoQ) in the third (Q3) quarter of 2019. Solar power generation in India stood at 10,530 million units (MUs), according ...
/ / Mercom Research Focus, Other
Solar Imports to India Declined by 39% in Q2 2019

Solar Imports to India Declined by 39% in Q2 2019

India’s solar imports declined significantly in the second quarter (Q2) of the calendar year (CY) 2019. Solar modules and cells worth $399 million (~₹27.75 billion) were imported by India in ...
/ / Mercom Research Focus, Other
Solar Auction Activity Increased in October with 1.3 Gigawatts

Solar Auction Activity Increased in October with 1.3 Gigawatts

Auction activity increased in October 2019 while tender announcements decreased compared to the previous month, according to Mercom India solar tender tracker. About 2.7 GW of solar tenders were floated ...
/ / Mercom Research Focus, Other
India’s Solar Market Leaders Unveiled for First Half of 2019

India’s Solar Market Leaders Unveiled for First Half of 2019

India’s solar installations recorded in the first half (1H) of calendar year 2019 totaled 3.2 GW and the country’s cumulative installed solar capacity has exceeded 31.5 GW. India’s pipeline of utility-scale ...
/ / Mercom Research Focus, Other
At 6.5 GW, Solar Tenders Surge While Auctions Plummet in August 2019

At 6.5 GW, Solar Tenders Surge While Auctions Plummet in August 2019

After witnessing a considerable dip in July, the month of August saw a surge in solar tender announcements. Nearly, 6.5 GW of solar tenders were floated, and 695 MW of ...
/ / Mercom Research Focus, Other
Mercom Research Focus, Q2 2019, 1H 2019, India Solar Installations, India Solar Market, Renewables, Rooftop Solar, GST, Safeguard Duty, Modules, Export Import, Cumulative Solar Installations, Tariff Caps, Tender and Auction, State Installations, Utility-scale, New Power Addition

1.5 GW of Solar Capacity Installed in India During Q2 2019

Solar installations in India in Q2 2019 witnessed a slight decline with 1,510 MW, a 14% quarter-over-quarter (QoQ) decrease compared to 1,761 MW installed in Q1 2019. Installations were down ...
/ / Markets & Policy, Solar
India’s Solar Power Generation Grows Slower Year-Over-Year Compared to 1H of Last Year

India’s Solar Power Generation Grows Slower Year-Over-Year Compared to 1H of Last Year

In the past few years, solar power generation has increased exponentially in the country, and the electricity generation has crossed over 12 billion units (BUs) in the period between April ...
Over 1 GW of Solar Tenders Floated But No Auctions in July 2019

Over 1 GW of Solar Tenders Floated But No Auctions in July 2019

After witnessing a huge surge in tender announcements in June 2019, the tender and auction activity slowed down in July. Nearly 800 MW of solar projects were tendered, 300 MW ...