Mercom Research Focus
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India’s Rooftop Solar Capacity Surges to 1.9 GW in 9M 2024

India installed 1.9 GW of rooftop solar capacity in the first nine months (9M) of 2024, exceeding both the annual and 9M additions of all previous years. The period saw a nearly 45% year-over-year (YoY) increase from the 1.3 GW in...

December 5, 2024

Mercom Research Focus

Who’s Leading the Solar Module Mounting Market in 1H 2024?

Goodluck India, Arctech, Strolar Mounting Systems, Raydean Industries, and Metalkraft Forming Industries were the top five module mounting structure suppliers to the Indian solar market in the first half (1H) of the calendar year ...

December 9, 2024

Markets & Policy

India Slaps Anti-Dumping Duty on Solar Glass from China and Vietnam

The Indian Ministry of Finance has issued a notification imposing provisional anti-dumping duties on textured, tempered, coated, and uncoated solar glass imported from China and Vietnam. This decision follows a preliminary investi...

December 5, 2024

Markets & Policy

Rajasthan’s Clean Energy Policy Targets 125 GW Renewable Energy Capacity by 2030

Rajasthan has unveiled its Integrated Clean Energy Policy, 2024, with an ambitious target of achieving 125,000 MW of renewable energy capacity by the financial year 2030. The plan includes installing a capacity of 90,000 MW of sol...

December 5, 2024

Latest News

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Researchers Find Chemical Additive Can Increase Bromide Battery Performance

Researchers at the University of Wisconsin-Madison have invented a water-soluble chemical additive — a soft-hard zwitterionic trapper that improves the performance of bromide aqueous flow batteries. The solution is an additive called a complexing...

December 9, 2024

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Daily News Wrap-up: KERC Eases Rooftop Solar Installation Rules

The Karnataka Electricity Regulatory Commission (KERC) has issued an order to simplify the adoption of rooftop solar systems for consumers with sanctioned loads of up to 10 kW. The order addresses critical issues such as capacity enhancement,...

December 9, 2024

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US Issues Final Rules on Investment Tax Credit for Clean Energy Projects

The U.S. Department of the Treasury has issued final regulations for the Section 48 Energy Credit, also known as the Investment Tax Credit (ITC), which typically provides a 30% tax credit for clean energy projects. This credit starts at a base rate...

December 9, 2024

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Canadian Solar Misses Revenue Expectations as Module Prices Fall

Solar module manufacturer Canadian Solar‘s third quarter (Q3) 2024 revenue and earnings fell short of analyst expectations as average selling prices for solar modules dropped. Revenue for the quarter came in at $1.51 billion, an 18.34%...

December 9, 2024

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ACWA Power Aims to Invest $50 Billion in Clean Energy Projects in China by 2030

Saudi Arabia-based energy company ACWA Power plans to invest up to $50 billion in renewable energy projects in China by 2030. The company aims to collaborate with Chinese state-owned enterprises to acquire clean energy assets totaling up to 20 GW...

December 6, 2024

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Bihar Reduces Minimum Limit for Green Energy Open Access to 100 kW

The Bihar Electricity Regulatory Commission (BERC) has issued the Green Energy Open Access Regulations, 2024, to promote the generation, purchase, and consumption of green energy, including energy from waste-to-energy projects. The minimum limit of...

December 6, 2024

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Madhya Pradesh Allots 442 Acres of Land for Renewable Energy Manufacturing

The Madhya Pradesh government has allotted 442.04 acres of land in the Mohasa-Babai region for companies to set up renewable energy manufacturing projects. The latest land allotment will expand the size of the existing 441.96-acre industrial park,...

December 6, 2024

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Karnataka Eases Rooftop Solar Installation Rules for Systems Up to 10 kW

The Karnataka Electricity Regulatory Commission (KERC) has issued an order to simplify the adoption of rooftop solar systems for consumers with sanctioned loads of up to 10 kW. The order addresses critical issues such as capacity enhancement,...

December 6, 2024

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Daily News Wrap-Up: India’s Rooftop Solar Capacity Surges to 1.9 GW in 9M 2024

India installed 1.9 GW of rooftop solar capacity in the first nine months (9M) of 2024, exceeding both the annual and 9M additions of all previous years. The period saw a nearly 45% year-over-year increase from the 1.3 GW installed in 9M 2023,...

December 6, 2024

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