LATEST HEADLINES
GE Vernova to Invest ₹1.4 Billion to Expand India Operations
May 14, 2025
Daily News Wrap-Up: GEDA Floats EoI for Solar-E Waste Material Recovery
May 14, 2025
Mercom India to Host C&I Clean Energy Meet in Pune on May 16
May 14, 2025
Fluence Lowers 2025 Guidance Despite Beating Revenue Estimates in Q2
May 14, 2025
Funding and M&A Roundup: Energy Solutions Group Secures $139 Million
May 14, 2025
The 90-day pause on reciprocal trade tariffs between the U.S. and China may temporarily dampen prospects for Indian solar exporters, but the heavy U.S. import duties on Southeast Asian solar products present a significant opportun...
May 14, 2025
Mercom Research Focus
Solar’s Share in India’s Renewable Energy Capacity Increases to 47.6% in Q1 2025Solar power accounted for 22% of India’s total installed power capacity and 47.6% of the total installed renewable energy capacity at the end of the first quarter (Q1) of the calendar year 2025. The share of solar power in the tot...
May 14, 2025
Mercom Research Focus
Solar Tenders Plunge 53% YoY in Q1 2025, Auctions Drop 39%Government agencies floated around 14.4 GW of solar tenders in Q1 2025, a 53.1% drop compared to 30.7 GW in Q1 2024, but a 5.4% increase from Q4 2024. The Ministry of New and Renewable Energy (MNRE) has set an annual bidding targe...
May 9, 2025
C&I
A New Business Model for Ground-Mounted Solar at the GrassrootsThe Ratnagiri Zilla Parishad in Maharashtra was incurring a steep electricity bill of ₹91.6 million (~$1.07 million) a year on powering streetlights that the 846 gram panchayats had to pay. Last year, the local body hit upon a rev...
May 14, 2025
LATEST HEADLINES
GE Vernova to Invest ₹1.4 Billion to Expand India Operations
May 14, 2025
Daily News Wrap-Up: GEDA Floats EoI for Solar-E Waste Material Recovery
May 14, 2025
Mercom India to Host C&I Clean Energy Meet in Pune on May 16
May 14, 2025
Fluence Lowers 2025 Guidance Despite Beating Revenue Estimates in Q2
May 14, 2025
Funding and M&A Roundup: Energy Solutions Group Secures $139 Million
May 14, 2025
Trending News
Tender & Auctions
APM Projects Wins Central Mine Planning Institute’s 10 MW Solar EPC Contract
Mercom Insights
Solar’s Share in India’s Renewable Energy Capacity Increases to 47.6% in Q1 2025
April 25, 2025
Grid
PFC Consulting Invites Bids to Evacuate 3 GW Renewable Energy from Kurnool
April 30, 2025
Energy Storage
Solar’s Share in India’s Renewable Energy Capacity Increases to 47.6% in Q1 2025
Latest News
U.S.-based energy equipment manufacturing company GE Vernova has announced it would invest approximately ₹1.4 billion (~$16 million) in India to expand its electrification manufacturing and engineering operations. The investment will be made through...
May 14, 2025
The Gujarat Energy Development Agency (GEDA) invited expressions of interest (EoI) for a research study to recover valuable materials from solar and electronic waste (E-waste). The project aims to assess the feasibility of material recovery methods...
May 14, 2025
Mercom India is hosting the fourth edition of ‘C&I Clean Energy Meet’ in Pune, Maharashtra, on May 16, 2025. The event is supported by the Deccan Chamber of Commerce, Industries and Agriculture (DCCIA), Pune, the Tool and Gauge Manufacturers...
May 14, 2025
Utility-scale energy storage firm Fluence Energy recorded a revenue of $431.6 million in the second quarter (Q2) of the fiscal year (FY) 2025, a 31% year-over-year (YoY) decrease. Despite the dip, revenue exceeded analysts’ estimates by $106.3...
May 14, 2025
From: Mercom Capital Group Energy Solutions Group, an independent power producer specializing in renewable energy, announced the closing of a €125 million (~$139 million) investment provided by Infranity, a leading infrastructure investment and...
May 14, 2025
From: Mercom Capital Group Pivot Energy, a renewable energy provider and independent power producer that develops, finances, builds, owns, and manages solar and energy storage projects, secured a $200 million tax credit purchase commitment to...
May 14, 2025
Sunrun, a U.S.-based residential solar and battery storage provider, reported a 10% increase in total revenue of $504.27 million for the first quarter (Q1) of 2025 compared to $458.19 million in the same period of 2024. The revenue exceeds analysts’...
May 14, 2025
U.S.-based solar tracker systems provider FTC Solar achieved a revenue of $20.8 million in the first quarter (Q1) of 2025, a 65.3% year-over-year (YoY) increase from $12.58 million. The increase in revenue can be attributed to higher product volumes....
May 14, 2025
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