Mercom Research Focus
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Solar Open Access Installations Surge With 907 MW Added in Q3 2023

India saw a surge in solar open access installations with the addition of 907 MW in the third quarter (Q3) of 2023, a 36.1% increase over 666 MW in the previous quarter, according to the recently published Q3 2023 Mercom India Sol...

December 7, 2023

Mercom Research Focus

Residential Rooftop Solar Gains Momentum, Home Owners Go Green and Save Big

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is primarily driven by the enticing potential for cost savings and in...

December 8, 2023

Solar

TotalEnergies, Adani, Brookfield Emerge Top Global Large-Scale Solar Developers

TotalEnergies, Adani Green Energy, and Brookfield Renewable Partners emerged as the leading global large-scale solar photovoltaic (PV) project developers in Mercom Capital Group‘s Leading Global Large-Scale Solar PV Develope...

December 8, 2023

Inverters & BOS

How to Optimally Size Solar Inverters to Achieve Higher Performance

Mercom India will host a webinar on December 12, 2023, where industry experts will discuss the factors involved in optimally sizing solar photovoltaic (PV) inverters for diverse locations and temperatures and achieving higher perf...

December 7, 2023

Latest News

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Bihar’s New EV Policy to Offer ₹125,000 in Incentives for New Purchases

Bihar’s New Electric Vehicle (EV) Policy aims to accelerate the adoption of electric vehicles and the implementation of EV charging stations in the state, ensuring EVs account for 15% of all new vehicles purchased in the state by 2028. The five-year...

December 8, 2023

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IREDA Launches Loans Program for Rooftop Solar, PM-KUSUM Consumers

The Indian Renewable Energy Development Agency (IREDA) has launched its retail division with an emphasis on providing loans in the Business-to-Consumer (B2C) sector. The strategic initiative targets borrowers under the PM-KUSUM program, rooftop...

December 8, 2023

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Global Wind Power Outlook Falls 29 GW in Q4 2023: Wood Mackenzie

The worldwide wind power industry forecast has declined by 29 GW in Q4 2023, indicating that the cumulative installed capacity would fall to 2.35 TW by the end of 2032, according to a report by Wood Mackenzie’s report. The ongoing policy and...

December 8, 2023

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CERC Upholds Wind Developer’s Plea for ₹330 Million Bank Guarantee Release

The Central Electricity Regulatory Commission (CERC) has ruled that the delay in adopting the tariff order by the Uttar Pradesh Power Corporation is a valid reason to claim an extension in the commissioning date for the generating station. It also...

December 8, 2023

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MNRE Unveils Revised Policy for Repowering Wind Power Projects

The Ministry of New and Renewable Energy (MNRE), Wind Energy Division, has revised its 2016 policy for repowering wind power projects to facilitate the replacement of older turbines. The ‘National Repowering & Life Extension Policy for...

December 8, 2023

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Daily News Wrap-Up: Solar Open Access Installations Surge 21% YoY in Q3

India saw a surge in solar open access installations with the addition of 907 MW in the third quarter of 2023, a 36.1% increase over 666 MW in the previous quarter, according to the recently published Q3 2023 Mercom India Solar Open Access Market...

December 8, 2023

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ChargePoint’s Q3 Revenue Drops 12% YoY as Demand for Charging Infra Dwindles

Electric vehicle (EV) charging solution provider ChargePoint’s revenue for the third quarter (Q3) of 2023 came in at $110.3 million, a 12% year-over-year (YoY) decrease from $125.3 million due to a drop in commercial demand and supply chain...

December 7, 2023

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Himadri Chemical to Set Up Li-ion Battery Components Plant in Odisha

Mumbai-based Himadri Speciality Chemical is setting up a facility in Odisha to produce Lithium-ion Battery (LiB) components with a total annual production capacity of 200,000 MT and an estimated project cost of ₹48 billion (~$575.87 million) over a...

December 7, 2023

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