market

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Government to Develop Framework for Trading in Carbon Credit Certificates

The Union government plans to develop the Indian carbon market with a national framework to decarbonize the country’s economy through the trading of carbon credit...

May 12, 2023

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Gourav Mishra

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Other

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Renewable Energy
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US Added 955 MW of New Energy Storage Installations in Q1 2022

The U.S. energy storage market added 955 MW and 2,875 MWh of new installations across all segments in the first quarter (Q1) of 2022, taking the total grid-scale...

June 17, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the...

May 23, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Startups Expand Their Footprint in India’s EV Market: Interview

The electric vehicle (EV) sector in India expects high growth in the current year on the back of robust funding received by EV companies in 2020. Companies believe that...

March 31, 2021

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Harsh Shukla

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Electric Vehicles

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Grid
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IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2%...

February 4, 2021

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Nithin Thomas

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Uncategorized
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Open Access Solar Installations Increased by 56% in 2020 Despite Challenges

The total installed capacity in the open access (OA) market as of December 2020 stood at almost 4 GW, with a project development pipeline of over 1 GW, according to...

January 28, 2021

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Nithin Thomas

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Mercom Research Focus

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Other
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IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

The Indian Energy Exchange Limited (IEX) said it launched green daily and green weekly contracts on its green market trading platform. The contracts will be available...

December 4, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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Adani Solar’s Mundra Unit to Expand its Cell and Module Manufacturing Capacity by 2 GW

Adani Solar plans to expand its cell and module manufacturing facility with an additional capacity building of 2 GW. “The new capacity will come online in 2021. The...

November 26, 2020

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Harsh Shukla

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Modules

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Solar
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Solar Installations in India Picked Up Speed With 438 MW Added in Q3 2020

India added 438 MW of solar in the third quarter of 2020 (Q3 2020), a 114% rise over last quarter’s 205 MW, according to Mercom India Research’s newly...

November 19, 2020

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Nithin Thomas

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Mercom Research Focus

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Other
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Sungrow, FIMER, Sineng Were Major Solar Inverter Suppliers to India in 1H 2020

Sungrow, FIMER India (formerly ABB), and Sineng Electric were top solar inverter suppliers overall to the Indian solar market in the first half (1H) of the calendar year...

November 16, 2020

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Nithin Thomas

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Mercom Research Focus

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Other
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IEX’s Real-Time Market Trades 814 Million Units of Power in October

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a total trade volume of 814 million units (MU) of power in October 2020,...

November 4, 2020

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Nithin Thomas

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Grid

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Market & Policy
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VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3

Global corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors was up...

October 21, 2020

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Nithin Thomas

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Energy Storage

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Market & Policy
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Power Exchanges Hoping to Resume REC Trading by October End

Power exchanges might resume trading renewable energy certificates (RECs) in October after the Appellate Tribunal for Electricity (APTEL) issued an order postponing...

October 7, 2020

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Nithin Thomas

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Grid

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Market & Policy
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India Installs Just 205 MW of Solar Capacity in Q2 2020

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter’s 1,090 MW of additions. The findings...

August 13, 2020

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Nithin Thomas

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Mercom Research Focus

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Other
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IEX’s New Real-Time Power Market Sees Over 515 Million Units of Trading Volume in June

The Indian Energy Exchange (IEX) announced that its new real-time electricity trading platform had enabled a trading volume of 515.46 million units (MUs) of power in...

July 9, 2020

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Nithin Thomas

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Other

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Renewable Energy

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