india

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India’s Clean Energy Transition Targets Demand Greater Urgency

India’s energy landscape is on the brink of a transformative shift, driven by the urgent need to address climate change, energy security, and economic growth. The...

July 25, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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First Solar Opens Plant for Thin Film and Tandem PV Modules in Ohio

U.S.-based photovoltaic (PV) module manufacturer First Solar has commissioned a new 1.3 million square feet research and development facility in Lake Township, Ohio. The...

July 22, 2024

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Arshreet Singh

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Manufacturing

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Modules

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Solar
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Current Renewable Energy Growth Rate Falls Short of 2030 Target: IRENA

The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate of 16.4% in renewable energy...

July 22, 2024

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Arshreet Singh

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Other

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Renewable Energy
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India’s Green Goals Depend on Corporate Renewable Energy Adoption

Corporates and industries are at the forefront of decarbonization, setting ambitious net-zero targets and striving to achieve them through renewable energy adoption....

July 22, 2024

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Arjun Joshi

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C&I

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Other
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Energy Storage in India – Balancing Cost, Renewable Integration and Grid Stability

Affordable energy storage is the key to ensuring renewable energy is reliable and well integrated into the power mix. Energy storage is crucial for maintaining a steady...

July 19, 2024

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Arjun Joshi

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Energy Storage

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Other
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Strengthening Domestic Manufacturing for India’s Renewable Energy Push

India is striving to boost domestic manufacturing for renewable energy projects and strengthen local supply chains to meet its clean energy targets. Initiatives such as...

July 17, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Unlocking Opportunities in India’s Clean Energy Transition

As India’s economy expands, its energy demand will multiply over the next decade. To meet this demand, India must provide affordable and reliable energy while...

July 16, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Mercom Renewables Summit Returns for its Fourth Edition in July 2024

Mercom India’s fourth edition of its flagship event, the Mercom India Renewables Summit, will be held on July 25 and 26, 2024, at the Hyatt Regency in New Delhi....

July 16, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Financing Strategies for India’s Renewable Energy Growth

The transition towards clean energy is accelerating in India, presenting tremendous opportunities for financing renewable projects. Despite a significant reduction in...

July 16, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Installed Battery Storage Capacity Hits 219 MWh

India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report, India’s...

July 10, 2024

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Mercom Staff

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Daily Wrap-up
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India’s Installed Battery Storage Capacity Hits 219 MWh

India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report,...

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World Bank Approves $1.5 Billion to Accelerate Low-Carbon Energy in India

The World Bank has approved $1.5 billion in financing to bolster India’s efforts in developing low-carbon energy. The initiative, part of the second low-carbon...

July 1, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Shortage of Power Transformers Threatens India’s Solar Expansion

Solar developers are facing longer lead times for power transformers as manufacturing capacity for this key component in large-scale solar projects has failed to keep...

June 25, 2024

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Arshreet Singh

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Mercom Research Focus

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Solar
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IREDA Raises ₹15 Billion via Bonds, Issue Oversubscribed 2.65 Times

The Indian Renewable Energy Development Agency (IREDA) has raised ₹15 billion (~$179.5 million) through bonds, reflecting strong investor confidence in India’s...

June 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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India $100 Billion Short of IEA’s Net-Zero Pathway by 2030, says EY

India has made strides in expanding its renewable energy capacity over the past year, but a funding gap of over $100 billion could still derail it from meeting...

June 21, 2024

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Arshreet Singh

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Renewable Energy

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