utility-scale

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Top Five States for Utility-Scale Solar in 2024 [Infographics]

India has added 14.5 GW of utility-scale solar in the first nine months (9M) of 2024, according to Mercom India Research’s latest available data. India’s...

December 24, 2024

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Arjun Joshi

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Mercom Research Focus

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Solar

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Utility Scale
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Adani Green, ReNew and O2 Power Top Utility-Scale Solar Developers in 1H 2024

Adani Green Energy, ReNew, O2 Power, ACME Solar, and NTPC Renewable Energy emerged as the top utility-scale solar project developers in the first half (1H) of the...

November 12, 2024

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Ajayan J S

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Mercom Research Focus

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Solar

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Utility Scale
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Solar Comprises 52% of New US Power Capacity Additions in 2023

For the first time in 2023, solar energy accounted for more than half (52%) of new U.S. grid capacity, with 35% coming from utility-scale solar energy and 17% from...

October 18, 2024

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Staff

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Solar

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Utility Scale
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Adani Green, UPC and Tata Power: Top Utility-Scale Solar Developers in 2023

Adani Green Energy, UPC Renewables, Tata Power Company, Gujarat State Electricity Corporation (GSECL), and Rising Sun Energy (Yinson Holdings) were the top utility-scale...

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2023 Best Year for US Solar Industry with 32.4 GW of Capacity Added

The solar market in the U.S. installed 32.4 GW capacity in 2023, a 51% increase from the previous year, according to the Solar Market Insight Report for 2023 by the...

March 11, 2024

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Staff

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Markets & Policy

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Solar
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Top Five States for Utility-Scale Solar in 2023 [Infographics]

The cumulative utility-scale solar installations in India stood at 59.1 GW at the end of September 2023, according to Mercom India’s latest available data. The...

December 30, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Solar

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Utility Scale
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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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India Installs 1.7 GW of Solar Capacity in Q2 2023, Down 58% YoY

India installed 1.7 GW of solar capacity during the second quarter (Q2) of 2023, a 58% decline year-over-year (YoY), according to Mercom India Research’s Q2 2023...

August 23, 2023

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Arjun Joshi

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Mercom Research Focus

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Solar
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Tata Power’s Residential Rooftop Solar Business Grew 87% YoY in Q1 FY24

Tata Power, an integrated power company, reported a net profit of ₹11.41 billion (~$137.71 million) in the first quarter (Q1) of the financial year (FY) 2024, marking a...

August 10, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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Swift Current Energy Secures $779 Million for 593 MW Solar Project in US

Swift Current Energy, a U.S.-based utility-scale renewable developer, has secured $779 million in financing for its Double Black Diamond Solar project, with a capacity...

August 9, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Energix Renewables Secures $520 Million for Six Solar Projects in the US

Energix Renewables, a U.S.-headquartered independent power producer, has closed two project financing transactions totaling $520 million with Santander Corporate &...

June 30, 2023

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Gautamee Hazarika

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Solar

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Utility Scale
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Average Cost of Large-Scale Solar Projects Down for the First Time in 11 Quarters

The average cost of large-scale solar projects in the first quarter (Q1) of the calendar year (CY) 2023 decreased by 5% quarter-over-quarter (QoQ) for the first time in...

June 6, 2023

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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IEA Forecasts Utility-Scale Solar Additions in India to Drop 20% in 2023

The International Energy Agency (IEA) has forecast a slowdown in India’s utility-scale solar projects in 2023 and 2024 due to a module shortage, lower auction...

June 2, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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Utility Scale
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India Installs 1.9 GW of Solar Capacity in Q1 2023, Down 48% YoY

India installed 1.9 GW of new solar capacity during the first quarter (Q1) of 2023, a decline of 48% year-over-year (YoY), according to Mercom India Research’s...

May 25, 2023

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Arjun Joshi

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Mercom Research Focus

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Solar
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Avaada, NTPC, Adani Green Top Utility-Scale Solar Developers in 2022

Avaada Energy, NTPC Renewable Energy, Adani Green Energy, Tata Power Renewables, and Azure Power emerged as the top utility-scale solar project developers in the...

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