q3-2021

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Solar Open Access Installations Rise by 143% YoY in 9M 2021 With 935 MW Added

India’s solar open access installations totaled 307 MW in the third quarter (Q3) of 2021, an 85% year-over-year (YoY) increase compared to 166 MW in the same period last...

January 4, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Other
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India Installed 1.3 GW of Rooftop Solar Capacity in 9M 2021

India added 448 MW of rooftop solar capacity, registering a 14% drop quarter-over-quarter (QoQ) in the third quarter (Q3) of the calendar year (CY) 2021, compared to 521...

December 21, 2021

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Solar Investments Up by 49% QoQ in Q3 2021 as Development Activity Picked Up Speed

Investments in the Indian solar sector increased by 49%, in the third quarter (Q3) of the calendar year (CY) 2021, compared to Q2 2021. However, in a year-over-year...

December 16, 2021

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Rakesh Ranjan

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Mercom Research Focus

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Other
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India’s Solar Installations Increased by 335% YoY with 7.4 GW Added in 9M 2021

India added 2,835 MW of solar capacity in the third quarter (Q3) of the calendar year (CY) 2021, increasing by 14% compared to 2,488 MW installed in Q2 2021. The figures...

December 9, 2021

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021...

November 9, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

REC Limited has announced that it has registered a net profit of ₹22.6 billion (~$310.9 million) in the third quarter (Q3) of the financial year (FY) 2021, an increase...

February 9, 2021

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Nithin Thomas

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Finance and M&A

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Other
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Tata Power Reports 8% Rise in Total Revenue, 22.3% Increase in Profits

Tata Power has said its total revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) stood at ₹77.4 billion (~$1.06 billion), up 8% from ₹71.7 billion...

February 9, 2021

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Nithin Thomas

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Finance and M&A

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Other
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Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

Suzlon Energy Limited has announced a 43% jump in its net revenue in the third quarter (Q3) of the financial year (FY) 2021 on the back of a ramp-up in its wind turbine...

February 5, 2021

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Nithin Thomas

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Finance and M&A

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Wind

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