Solar

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Residential Rooftop Solar Prices in the US Dropped to $2.50/W in 2H 2024

Residential rooftop solar prices in the U.S. fell for the third consecutive half-year to $2.5/W in the second half (2H) of 2024 due to softening demand, high interest...

May 13, 2025

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Melvin Mathew

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Rooftop

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Solar
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Global Solar Installations Hit a Record 597 MW in 2024: Report

Global solar installations hit a record high of 597 GW in 2024, a 33% increase year-over-year (YoY) from 2023, according to a new report from SolarPower Europe. After...

May 13, 2025

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Tina Freese

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Renewable Energy

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Solar
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Daily News Wrap-Up: Winners of CMPDI’s 70 MW EPC Solar Auction Announced

Alpex Solar, in a consortium with NVNR Power & Infra, secured a 70 MW solar engineering, procurement, and construction (EPC) contract from the Central Mine Planning...

May 13, 2025

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Mercom Staff

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Daily Wrap-up
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US, China Agree to Slash Reciprocal Trade Tariffs by 115% for 90 Days

The U.S. and China have agreed to slash reciprocal trade tariffs by 115% for 90 days. The new tariffs will come into effect from May 14, 2025, the two countries said in...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Markets & Policy

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Solar
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Navalai Infra Secures 37 MW Solar EPC Project from Mahasamruddhi

Navalai Infra has secured a 37 MW solar engineering, procurement, and construction (EPC) contract from Mahasamruddhi Renewable Energy (MREL), a special purpose vehicle...

May 12, 2025

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Staff

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Solar

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Tenders & Auctions
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BluPine Closes ₹3.76 Billion Funding for 100 MW Solar Project in Gujarat

Gurugram-based renewable energy services company BluPine Energy, an Actis-backed renewable energy platform, has achieved financial closure of a debt funding of ₹3.76...

May 12, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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APM Projects Wins Central Mine Planning Institute’s 10 MW Solar EPC Contract

APM Projects has won Central Mine Planning and Design Institute’s (CMPDI) engineering, procurement, and construction (EPC) auction to set up a 10 MW grid-connected solar...

May 12, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Winners of SJVN’s 1.2 GW Solar With ESS Auction Announced

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies won SJVN’s auction to...

May 12, 2025

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Mercom Staff

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Daily Wrap-up
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MENA Weekly Round-Up: QatarEnergy Inaugurates 875 MW Solar Projects

QatarEnergy launched two major solar projects totaling 875 MW in Ras Laffan and Mesaieed, more than doubling the country’s installed solar capacity. Minister of State...

May 12, 2025

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Staff

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Market & Policy

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Solar
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NREL Claims a Boost in Perovskite Solar Cell Efficiency Using Ionic Salt

A study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has claimed it has improved perovskite solar cell (PSC) technology performance by...

May 12, 2025

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Staff

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Solar

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Technology
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Reliance, Jindal Among Winners of SJVN’s 1.2 GW Solar Plus Storage Auction

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies won SJVN’s auction to...

May 9, 2025

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Arjun Joshi

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Solar

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Tenders & Auctions
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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...

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Daily News Wrap-Up: MNRE Lowers Off-Grid Solar Module Efficiency Threshold

The Ministry of New and Renewable Energy reduced the minimum module efficiency requirement under the Approved List of Models and Manufacturers for modules used in...

May 9, 2025

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Mercom Staff

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Daily Wrap-up
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Uttar Pradesh Regulator Approves 1,525 MW Solar Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement (PSA) and supplementary power sale agreement (SPSA) between Uttar...

May 8, 2025

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Staff

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Market & Policy

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Solar
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Daily News Wrap-Up: BPCL Announces 100 MW Wind Projects Auction Winners

Suzlon Energy and Integrum Energy have won Bharat Petroleum Corporation’s (BPCL) tender to set up 100 MW wind power projects in Madhya Pradesh and Maharashtra. Both...

May 8, 2025

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Mercom Staff

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Daily Wrap-up

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