residential

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Housing Societies to Receive ₹18,000/kW CFA Under New Rooftop Solar Program

The Ministry of New and Renewable Energy (MNRE) has announced that the President of India has approved the PM-Surya Ghar: Muft Bijli Yojana, with a budget of ₹750.21...

March 18, 2024

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Gautamee Hazarika

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Markets & Policy

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Rooftop

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Solar
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Sunnova’s Q4 Losses Balloon as Operating and Interest Expenses Soar

U.S.-based residential solar firm Sunnova Energy‘s fourth quarter (Q4) net loss ballooned by about 800% to $187.6 million from $20.9 million last year, hurt by...

February 23, 2024

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Staff

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Finance and M&A
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Daily News Wrap-Up: Residential Rooftop Solar Gains Momentum

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is...

December 11, 2023

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Mercom Staff

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Daily Wrap-up
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US Adds 5.6 GWdc of New Solar Capacity in Q2 2023: Report

The U.S. solar industry installed 5.6 GWdc of new capacity in the second quarter (Q2) 2023, a year-over-year increase of 20%, according to the U.S. Solar Market Insight...

September 8, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar

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Uncategorized
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US Grid-Scale Energy Storage Installations Drop by 33% in Q1 2023

The energy storage market in the U.S., including grid-scale, residential and community, commercial, and industrial segments, experienced a 26% decline in the first...

June 15, 2023

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Gautamee Hazarika

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Energy Efficiency

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Energy Storage

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Market & Policy
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In the Best Quarter Ever, US Solar Installations Grow 47% YoY to 6.1 GW

Solar installations in the United States grew 47% year-over-year (YoY) to 6.1 GW during the first quarter (Q1) of 2023, recording the best initial quarter for the...

June 8, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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India Installs 485 MW of Rooftop Solar Capacity in Q1, Up 6.4% YoY

In the first quarter (Q1) 2023, 485 MW of rooftop solar capacity was added, up 0.4% compared to 483 MW in Q4 2022. In a year-over-year (YoY) comparison, installations...

June 1, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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Daily News Wrap-Up: RUVNL Announces Winners for 1 GW Solar Auction

Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN emerged winners in Rajasthan Urja...

May 5, 2023

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Mercom Staff

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Daily Wrap-up
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Sunnova’s Q1 Net Loss Widens to $110 Million on Higher Expenses

U.S.-based residential solar firm Sunnova’s net loss widened to $110.3 million in the first quarter (Q1) of the financial year (FY) 2023 compared to the loss of $22...

April 28, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Apartment Complex in Bengaluru Tastes Rooftop Solar Success, Expands Capacity

In a telling testimony to the viability of rooftop solar in the residential sector, an apartment complex in Bengaluru has opted for the third phase of its rooftop solar...

March 31, 2023

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B.S. Nagaraj

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Consumers

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Rooftop

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Solar
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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US Utility-Scale Solar Installations Drop 31% in 2022

Utility-scale solar installations in the United States dropped by 31% to 11.8 GW in 2022 compared to 2021 owing to uncertainties from the anti-circumvention probe and...

March 10, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Spain Installs 2.6 GW of Rooftop Solar Capacity in 2022

Over 2,649 MW of rooftop solar capacity was installed in Spain in 2022, according to the annual report published by the Spain’s Association of Renewable Energy...

March 7, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Sunrun Posts $63 Million Net Profit in Q4, Adds Over 275 MW Solar Capacity

Residential solar company Sunrun posted a $63 million net profit in the fourth quarter (Q4) of the financial year (FY) 2022, compared to a net loss of $38.5 million...

February 23, 2023

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Gourav Mishra

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Consumers

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Finance and M&A

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Solar

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Uncategorized
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MNRE Hikes Central Assistance for Residential Rooftop Solar in Northeastern States

The Ministry of New and Renewable Energy (MNRE) has increased the Central Financial Assistance (CFA) for residential rooftop solar consumers of northeastern states,...

January 30, 2023

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Rakesh Ranjan

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Rooftop

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Solar

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