Rooftop

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Tesla Misses Rooftop Solar Installation Target by Big Margin: Report

A recent report by Wood Mackenzie said that Tesla Solar Roof achieved 2% of its weekly rooftop solar systems installation target last year due to increasing competition....

March 31, 2023

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Satish Shetty

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Markets & Policy

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Rooftop

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Solar
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Apartment Complex in Bengaluru Tastes Rooftop Solar Success, Expands Capacity

In a telling testimony to the viability of rooftop solar in the residential sector, an apartment complex in Bengaluru has opted for the third phase of its rooftop solar...

March 31, 2023

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B.S. Nagaraj

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Consumers

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Rooftop

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Solar
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MSMEs Adopt Solar Readily If Savings on Power Bills Cover EMI Cost: Interview

Small businesses are open to adopting rooftop solar if loan repayment is not an additional burden and is equal to their savings on electricity bills. Entities in the...

March 17, 2023

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Sumit Jha

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Rooftop

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Solar
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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States Achieve Half of the Allocated Rooftop Solar Capacity Under Phase II  

States have cumulatively installed only half of the allocated capacity of 3.38 GW in the residential rooftop solar segment as part of the Ministry of New and Renewable...

March 15, 2023

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Arjun Joshi

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Rooftop

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Solar
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India Installs 1.6 GW of Rooftop Solar in 2022, Down 4% YoY

India added 1.6 GW of rooftop solar capacity in the calendar year (CY) 2022, nearly a 4% decline year-over-year (YoY), compared to 1.7 GW in 2021, according to Mercom...

March 1, 2023

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar
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Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects

Jindal Stainless has announced it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a...

March 6, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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BlueOrchard Invests in U-Solar for Expanding C&I Rooftop Solar Portfolio

An infrastructure fund managed by BlueOrchard Finance (BlueOrchard) said it would invest in U-Solar, a renewable energy platform in India, to support the growth of the...

March 1, 2023

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Gautamee Hazarika

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C&I

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Finance and M&A

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Rooftop

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Solar
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Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses

U.S.-based residential solar company Sunnova posted a net loss of $61.9 million for the fourth quarter (Q4) of 2022 compared to $31.2 million year-over-year. The higher...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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MNRE Hikes Central Assistance for Residential Rooftop Solar in Northeastern States

The Ministry of New and Renewable Energy (MNRE) has increased the Central Financial Assistance (CFA) for residential rooftop solar consumers of northeastern states,...

January 30, 2023

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Rakesh Ranjan

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Rooftop

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Solar
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Asian Development Bank Proposes Business Models for Rooftop Solar in India

The Asian Development Bank (ADB) has suggested various business models for the deployment of rooftop solar systems in India on a larger scale with utilities as the...

January 9, 2023

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Rakesh Ranjan

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Rooftop

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Solar
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Top States for Rooftop Solar Installations in 2022 [Infographics]

India’s cumulative rooftop solar installations reached ~8.3 GW at the end of the January-September period (9M), according to Mercom India Research’s latest available...

December 30, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Rooftop

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Solar
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Ahmedabad Municipal Corporation Seeks Bids for 2 MW Rooftop Solar Systems

Ahmedabad Municipal Corporation (AMC) has invited bids to commission 2 MW of grid-connected rooftop solar systems with remote monitoring systems atop its buildings. The...

December 28, 2022

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Arjun Joshi

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Rooftop

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Solar

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Tenders & Auctions
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Government Points to DISCOMs’ Role in Tepid Rooftop Solar Installations

The blame for the country’s underwhelming performance in rooftop solar installations as against the 2022 target primarily lies with the state-owned distribution...

December 27, 2022

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Sumit Jha

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Markets & Policy

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Rooftop

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Solar
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MNRE Asks State Agencies to Implement Rules for Faster Rooftop Solar Adoption

The Ministry of New and Renewable Energy (MNRE) has written to State Electricity Regulatory Authorities (SERCs) and power distribution companies (DISCOMs) across the...

December 22, 2022

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar

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