Solar Investments in India Back to Pre-Pandemic Levels, Up 119% in Q2 2021

Solar Investments in India Back to Pre-Pandemic Levels, Up 119% in Q2 2021

The investments in the Indian solar sector increased by 119% quarter-over-quarter, with over $2 billion in the second quarter (Q2) of the calendar year (CY) 2021. However, in a year-over-year ...
/ / Mercom Research Focus, Other
India’s Solar Capacity Additions Grew By 251% With 4.6 GW Added in 1H 2021

India’s Solar Capacity Additions Grew by 251% With 4.6 GW Added in 1H 2021

The second quarter (Q2) of the calendar year (CY) 2021 brought some good news for the solar sector, with India adding 2,488 MW of solar capacity, an increase of 19% ...
Investments in Indian Solar Sector Fell by 30% QoQ in Q1 2021

Investments in Indian Solar Sector Fell by 30% QoQ in Q1 2021

The investments in the Indian solar sector declined by 30% and stood at $1.04 billion (~₹76 billion) in the first quarter (Q1) of the calendar year (CY) 2021, compared to ...
Adani, Hero Future Energies, and SB Energy Top Utility-Scale Solar Developers in 2020

Adani, Hero Future Energies, and SB Energy: Top Utility-Scale Solar Developers in 2020

Large-scale solar projects accounted for 78% of the total installations in India with 2.52 GW in 2020. While the industry is upbeat about the prospects in 2021, the second wave ...
The Indian Solar Markets’ Top Players in 2020

The Indian Solar Markets’ Top Players in 2020

Solar installations in the calendar year (CY) 2020 totaled 3.2 GW, a 56% decline compared to 7.3 GW of capacity added in 2019. The Covid-19 outbreak brought the solar industry ...
Amazon To Set Up 62 MW of Ground-Mounted Solar Projects in Singapore

Amazon To Set Up 62 MW of Ground-Mounted Solar Projects in Singapore

U.S.-based e-commerce giant Amazon announced its plans to set up 62 MW of ground-mounted solar projects in Singapore. It expects to complete the project in 2022. It is expected to generate 80,000 ...
Investments in the Indian Solar Sector Declined by 66% in 2020

Investments in the Indian Solar Sector Declined by 66% in 2020

Investments in the Indian solar sector declined by 66% and stood at approximately $2.8 billion (~₹203.17 billion) in the calendar year (CY) 2020, compared to $8.2 billion (~$595.02 billion) in ...
Daily News Wrap-Up_ Hyderabad Metro Rail Goes Solar

Daily News Wrap-Up: Hyderabad Metro Rail Goes Solar

Here are some noteworthy cleantech announcements of the day from around the world: Amp Energy India has commissioned a behind-the-meter solar project for L&T Metro Rail (Hyderabad) Limited, a public-private ...
Top Five States for Utility-Scale Solar Installations in 2020 [Infographics]

Top Five States for Utility-Scale Solar Installations in 2020 [Infographics]

Cumulative utility-scale solar installations in India at the end of December 2020 stood at 34 GW, according to Mercom India Research. Installations were slow for most of the year due ...
Solar Installations Gather Lost Speed in the US With 3.8 GW Installed in Q3

Solar Installations Gather Lost Speed in the US With 3.8 GW Installed in Q3

The United States installed 3.8 GW of new solar capacity in the third quarter (Q3) of 2020, a 9% increase from the second quarter (Q2), according to The Solar Energy ...
/ / Markets & Policy, Solar
National Average Levelized PPA Prices in the US Dropped 17% to $24/MWh in 2019: Report

National Average Levelized Solar PPA Prices in the US Dropped 17% to $24/MWh in 2019: Report

According to the latest report from Lawrence Berkeley National Laboratory (LBNL) on the solar market's key trends in the United States,  more than 4.5 GW (AC) of utility-scale solar power ...
/ / Consumers, Solar
2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
Hero, SB Energy, Aditya Birla_ Top Utility-Scale Solar Developers in First Half of 2020

Hero, SB Energy, Aditya Birla: Top Utility-Scale Solar Developers in First Half of 2020

Hero Future Energies, SB Energy (SoftBank), and Aditya Birla emerged as the top utility-scale solar project developers in India in terms of installed capacity in the first half (1H) of ...
COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020

India installed 1,080 MW of solar capacity in the first quarter (Q1) of 2020, a 43% decline quarter-over-quarter (QoQ), compared to 1,897 MW installed in Q4 2019. The findings were ...
New Carbon Nano Structure Made from Diamond Nano Threads for Energy Storage

New Carbon Nano Structure Made from Diamond Nano Threads for Energy Storage

A group of scientists from the QUT Center for Materials Science in Australia has proposed the design of a new carbon nanostructure made from diamond nano threads (DNT) that could ...
ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...
China Could Install 23-31 GW of Solar in 2020_ Report

China Could Install 23-31 GW of Solar in 2020: Report

According to the data released by China’s National Energy Administration (NEA), the country had nearly 204 GW of installed solar generation capacity by the end of 2019, which included 141.67 ...
Indian Solar Industry Optimistic Going Into 2020

At 7.3 GW, India’s Solar Installations in 2019 Declined by 12%

India installed 7,346 MW of solar capacity in the calendar year (CY) 2019, a 12% decline year-over-year (YoY), compared to 8,338 MW in 2018, according to Mercom India Research’s newly ...
/ / Mercom Research Focus, Other
With Over 12 GW of Solar Deployed in December Alone, China Installed 30 GW in 2019

With Over 12 GW of Solar Deployed in December Alone, China Installed 30 GW in 2019

In the calendar year (CY) 2019, China is estimated to have installed 30 GW of solar capacity, a decline of 32% year-over-year (YoY) compared to 2018, when 44 GW of ...
/ / Solar, Utility Scale
India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

India Added 5.4 GW of Solar in 9M 2019, with 2.2 GW Installed in Q3 2019

According to Mercom India Research’s newly released Q3 2019 India Solar Market Update, solar installations in India increased 44% in Q3 2019 reaching 2,170 MW, compared to 1,510 MW in ...
/ / Mercom Research Focus, Other
MNRE’s New Guidelines Shed Light on Bidding Process for Wind-Solar Hybrid Projects

MNRE’s New Guidelines Shed Light on Bidding Process for Wind-Solar Hybrid Projects

The Ministry of New and Renewable Energy (MNRE) has issued its draft guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected wind-solar hybrid projects. The ...
/ / Markets & Policy, Solar
Mercom Research Focus, Q2 2019, 1H 2019, India Solar Installations, India Solar Market, Renewables, Rooftop Solar, GST, Safeguard Duty, Modules, Export Import, Cumulative Solar Installations, Tariff Caps, Tender and Auction, State Installations, Utility-scale, New Power Addition

1.5 GW of Solar Capacity Installed in India During Q2 2019

Solar installations in India in Q2 2019 witnessed a slight decline with 1,510 MW, a 14% quarter-over-quarter (QoQ) decrease compared to 1,761 MW installed in Q1 2019. Installations were down ...
/ / Markets & Policy, Solar
ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
88 Solar Projects Likely to be Added to Vietnam’s National Grid by June 2019

China Installs Better than Expected 44 GW of Solar Capacity in CY 2018

In the calendar year (CY) 2018, China installed 44.26 GW of solar photovoltaic capacity.  The country installed 9.76 GW of solar PV capacity in the fourth quarter of CY 2018 ...
/ / Markets & Policy, Solar
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

Tamil Nadu Floats Tender for 500 MW of Solar Projects with Tariff Ceiling of ₹3/kWh

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has tendered 500 MW of grid-connected solar photovoltaic (PV) projects. The bid-submission deadline is December 27, 2018. TANGEDCO has fixed ₹3 (~$0.04257)/kWh ...
/ / Solar, Tenders & Auctions