mercom-research-focus
India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom...
In the first quarter (Q1) of 2025, Madhya Pradesh emerged as one of the leading states in adding solar open access capacity. With 121.5 MW installed, it recorded the...
India added 1.1 GW of solar open access capacity in the first quarter (Q1) of 2025, down nearly 48% from 2.1 GW in Q4 2024. Installations were down 47% year-over-year...
Indian solar module and cell exports increased 26.1% quarter-over-quarter (QoQ) to $267.6 million (~₹23.1 billion) in the first quarter (Q1) of 2025 from $212.2 million...
Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s Q1 2025 India Solar Market Update, average project costs...
Goodluck India, Strolar Mounting Systems, Raydean Industries, Metalkraft, and MTE Structures were the top five module mounting structure suppliers to the Indian solar...
Sungrow Power Supply, TBEA Energy India, Sineng Electric, FIMER India, and Ginlong (Solis) Technologies were the leading inverter suppliers in India for the calendar...
India’s solar open access capacity additions dropped 47% year-over-year (YoY) to 1.1 GW in the first quarter (Q1) of 2025 from over 2 GW, according to Mercom India’s Q1...
Taypro, Langfang Sol-Bright New Energy Technology, Airtouch Solar, Vayu Solar, and LEAPTING were the top five robotic solar module cleaning equipment suppliers to the...
Jinko Solar, Waaree Energies, LONGi Green Energy Technology, Trina Solar, and Adani Solar were the top solar module suppliers in 2024, according to Mercom’s recently...
Jakson Green, Tata Power Solar, Hartek Group, L&T Construction, and Sterling and Wilson Renewable Energy emerged as the top utility-scale solar engineering,...
India’s green energy open access sector has witnessed steady growth over the past few years, with an increasing number of commercial and industrial (C&I) consumers...
India generated approximately 42 billion units (BU) of solar power in the first quarter (Q1) of the calendar year 2025, a 32.7% year-over-year (YoY) increase, according...
India added 1.2 GW of rooftop solar capacity in the first quarter (Q1) of 2025, up 232% year-over-year (YoY) from 366.5 MW. Installations in Q1 saw a decline of 6.2%...
The growing demand for green energy adoption by corporates was evident as 6.9 GW of solar capacity was added in the open access mode in 2024, a record number. Compared...
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