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Artificial intelligence (AI)-driven clean energy solutions and services provider Stem saw its revenue dropping 63% from $93 million in the second quarter (Q2) 2023 to...
India’s solar market witnessed the emergence of new leaders in the calendar year 2023, according to Mercom’s recently released India Solar Market Leaderboard 2024,...
Smart energy storage company Stem reported a net loss of $72.3 million for the first quarter of 2024, up 61% from the net loss of $44.8 million last year, as extended...
The Union Cabinet has approved the Pradhan Mantri-Surya Ghar: Muft Bijli Yojana, aimed at installing rooftop solar systems on 10 million households, with a total outlay...
NHPC has invited bids to set up 1,500 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects anywhere in India. The last day to submit...
Stem, a smart energy storage company, reported a net loss of $77.1 million in the third quarter (Q3) of 2023, a 124% year-over-year (YoY) surge from the net loss of $34....
In an exclusive interview with Mercom India, Sushain Sharma, Managing Director, Stem India, talks about the company’s energy storage offerings and plans for India. He...
The Ministry of Power has introduced new guidelines for tariff-based competitive bidding for grid-connected solar power projects, aiming for transparency, fair...
Smart energy storage company Stem reported a net income of $19.1 million during the second quarter (Q2) of 2023, showing a significant year-over-year (YoY) improvement...
Smart energy storage company Stem’s revenue increased 63% year-over-year (YoY) to $67 million in the first quarter (Q1) of the financial year (FY) 2023, driven by higher...
Smart energy storage company Stem posted a revenue of $156 million for the fourth quarter (Q4) of the financial year (FY) 2022, which is a 194% jump year-over-year (YoY)....
Smart energy storage company Stem reported revenue of $100 million in Q3 FY 2022, a jump of 150% year-over-year (YoY) primarily due to higher hardware sales from...
Smart energy storage company Stem recorded revenue of $67 million in the second quarter (Q2) of 2022, a year-over-year (YoY) increase of 246% from $19 million. Stem...
Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the...
From: Mercom Capital Group SVOLT, a battery cell manufacturer, raised ¥6 billion (~$1 billion) in a financing round. The company plans to invest the fresh capital mainly...
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