residential

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Ola Launches Battery Energy Storage System for the Home Segment

Electric vehicle manufacturer Ola Electric has launched Ola Shakti, a residential sector-focused battery energy storage system (BESS) in four configurations. The storage...

October 16, 2025

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Melvin Mathew

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Energy Storage

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Residential
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Residential Solar Company SunPower Acquires Sunder Energy

SunPower, a solar technology, services, and installation company, closed a strategic acquisition of Sunder Energy, a residential solar sales company. SunPower, formerly...

September 29, 2025

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Staff

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Solar
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Solaris Completes Acquisition of Sunnova’s Solar Assets and Operations

Solaris Assets, controlled by climate-focused investment management firm GoodFinch Management, announced the acquisition of substantially all the assets and business...

September 5, 2025

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Staff

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Solar
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MNRE Revises Central Financial Assistance Norms Under PM Surya Ghar Program

The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guidelines for implementing the Central Financial Assistance (CFA) component under the PM...

July 8, 2025

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Tina Freese

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Markets & Policy

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Solar
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Uttar Pradesh Shows Rising Residential Solar Potential, But Issues Prevail

Uttar Pradesh, India’s largest state, has demonstrated significant potential for solar adoption. With ample sunshine for most of the year and government programs...

April 8, 2025

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Tina Freese

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Mercom Research Focus

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Rooftop

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Solar
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Palmetto Secures $1.2 Billion Financing for Residential Solar Systems

Palmetto, a provider of residential solar solutions, raised over $1.2 billion in capital to support 2024 and 2025 Palmetto LightReach residential clean energy plans in...

January 21, 2025

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Staff

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Solar
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HASI and IGS Solar Close Structured Equity Financing for Residential Systems

HA Sustainable Infrastructure Capital (HASI), an investor in climate solutions, announced the closing of a structured equity financing with IGS Solar, a solar finance...

January 20, 2025

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Staff

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Solar

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Storage
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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...

December 5, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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North Western Railway Floats Tender for 7.28 MW Rooftop Solar Systems  

The North Western Railway has invited bids for the installation of 7.28 MW grid-connected rooftop solar power systems at residential buildings in the Jaipur division....

October 15, 2024

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Staff

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Residential

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Rooftop

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Solar
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NVVN Invites Bids for Residential Rooftop Solar Systems in Andhra Pradesh

NTPC Vidyut Vyapar Nigam (NVVN) has invited bids from channel partners to install grid-connected solar power systems under PM Surya Ghar: Muft Bijli Yojana in the...

June 12, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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India’s Q1 2024 Rooftop Solar Installations Drop to 367 MW, Down 24% YoY

India installed 367 MW of rooftop solar capacity in the first quarter (Q1) of 2024. This accounts for a 10% quarter-over-quarter (QoQ) decrease from 406 MW and a 24%...

May 30, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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SolarEdge’s Q1 2024 Net Loss Narrows to $108.6 Million

SolarEdge, an Israel-based solar inverter manufacturer, recorded a net loss of $108.6 million in the first quarter (Q1) of 2024, an improvement of 37.7% on a...

May 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Housing Societies to Receive ₹18,000/kW CFA Under New Rooftop Solar Program

The Ministry of New and Renewable Energy (MNRE) has announced that the President of India has approved the PM-Surya Ghar: Muft Bijli Yojana, with a budget of ₹750.21...

March 18, 2024

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Gautamee Hazarika

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Markets & Policy

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Rooftop

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Solar
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Sunnova’s Q4 Losses Balloon as Operating and Interest Expenses Soar

U.S.-based residential solar firm Sunnova Energy‘s fourth quarter (Q4) net loss ballooned by about 800% to $187.6 million from $20.9 million last year, hurt by...

February 23, 2024

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Arshreet Singh

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Finance and M&A
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Daily News Wrap-Up: Residential Rooftop Solar Gains Momentum

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is...

December 11, 2023

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Mercom Staff

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Daily Wrap-up

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