Mercom Research Focus
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Companies Dominating the Indian Solar Market in 1H CY 2024

The latest Mercom India Solar Market Leaderboard for 1H 2024 showcases the leading companies dominating the solar sector in the first half (1H) of the calendar year (CY) 2024. The report covers market share rankings and provides a...

November 5, 2024

Tenders & Auctions

Juniper, Jakson Green, EDF Win GUVNL’s 200 MW Wind Auction

Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) won Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 200 MW grid-connected wind power projects in India (Phase VIII). The tender was floated in...

October 29, 2024

Mercom Research Focus

Solar Open Access Landscape in Telangana and Andhra Pradesh: A Study in Contrast

The renewable energy landscape in India presents a complex mosaic where each state faces unique challenges and opportunities. Two states that highlight this contrast are Telangana and Andhra Pradesh. While Andhra Pradesh shows ren...

October 28, 2024

Mercom Research Focus

Energy Storage Corporate Funding 15% Higher in First Nine Months of 2024

Corporate funding for energy storage rose 15% year-over-year (YoY) in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate funding for energy storage companies in 9M 2024 reached $17.6 ...

October 25, 2024

Latest News

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CERC Approves Tariffs for SJVN’s 1,450 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted the tariffs for SJVN’s 1,450 MW of interstate transmission system (ISTS)-connected solar power projects. The Commission approved the tariffs of ₹2.51-₹2.53 (~$0.029-$0.03)/kWh and a...

November 5, 2024

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Empanelment Tender Issued for Rooftop Solar Systems in Andhra Pradesh

New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued an empanelment tender to install grid-connected rooftop solar systems of 1 kW to 500 kW at various locations in Andhra Pradesh under capital expenditure mode....

November 5, 2024

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Daily News Wrap-Up: CERC Adopts Tariff for 1 GW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 1,000 MW of interstate transmission system-connected wind-solar hybrid power projects awarded by NTPC under Tranche V. In April this year, NTPC awarded Sprng Energy 150 MW...

November 5, 2024

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US Withdraws Tariffs on Aluminum Extrusions Used in Solar on 14 Nations Including India

The U.S. International Trade Commission (USITC) recently overruled the Department of Commerce’s imposition of anti-dumping and countervailing duties on aluminum extrusions imported from 14 countries, including India. The aluminum extrusions...

November 5, 2024

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Nextracker Posts Seventh Consecutive Quarter of Double-Digit Revenue Growth

US-based solar tracker firm Nextracker’s net profit climbed 193.9% year-over-year (YoY) to $115.39 million in the second quarter (Q2) of the financial year (FY) 2024-25 from $39.25 million. The company also reported a 10.85% YoY rise in revenue to...

November 4, 2024

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Customer Agreements, ITC Incentives Drive Sunnova’s Q3 Revenue Growth

U.S.-based residential solar firm Sunnova Energy reported a revenue of $235.3 million in the third quarter (Q3) of 2024, up 19% year-over-year (YoY) from $198.4 million in the corresponding quarter last year. The revenue growth was driven by a rise...

November 4, 2024

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Central Regulator Adopts Tariffs for 1 GW Wind-Solar Hybrid Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 1,000 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects awarded by NTPC under Tranche V. In April this year, NTPC awarded Sprng Energy...

November 4, 2024

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CIL Navikarniya Urja Floats EPC Tender for 40 MW Solar Power Project

CIL Navikarniya Urja, a subsidiary of Coal India, has issued a tender for the engineering, procurement and construction of a 40 MW solar power project at Johilla Area, Umaria, Madhya Pradesh. The last date to submit the bids is November 26, 2024....

November 4, 2024

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