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

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 year, ...
India Installed 1.3 GW of Rooftop Solar Capacity in 9M 2021

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 MW in ...
/ / Mercom Research Focus, Other
Solar Investments Up by 49% QoQ in Q3 2021 as Development Activity Picked Up Speed

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 (YoY) comparison, ...
/ / Mercom Research Focus, Other
India's Solar Installations Increased by 335% YoY with 7.4 GW Added in 9M 2021

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

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 stood at $584 ...
/ / Finance and M&A, Solar
REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

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 of 38% ...
Tata Power Reports 8% Rise in Total Revenue, 22.3% Increase in Profits

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 (~$986 ...
Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

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 ...