solar-developer

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ALMM Reimposition and Exemptions Leave the Solar Industry Guessing

The Approved List of Models and Manufacturers (ALMM) regulation will be back in force from April 1, 2024, with exemptions for projects set up under open access solar and...

February 14, 2024

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Satish Shetty

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Markets & Policy

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Mercom Research Focus

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Solar
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BHEL Floats Tender for 2 MW Solar Project in Hyderabad

Bharat Heavy Electricals (BHEL) has invited bids to select a solar project developer to set up a 2 MW grid-connected solar power project at BHEL’s Campus in...

July 10, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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ReneSola Power’s Q3 Net Income Jumps Four-fold to $3 Million on China Assets

Solar project developer ReneSola Power posted a net income of $3 million for the third quarter (Q3) of 2022, an over four-fold jump year-on-year (YoY) from $711,000. The...

December 5, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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ReneSola’s Net Income Up 147% YoY in 2021, Solar Project Pipeline Expanded to 2.2 GW

ReneSola Power, a fully integrated solar project developer and operator, announced the financial results for the fourth quarter (Q4) of 2021. The company recorded a net...

April 5, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions?

The government’s focus lately has shifted strongly towards establishing a domestic solar manufacturing base. The government has levied safeguard duty, Basic...

August 19, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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Daily News Wrap-Up: Solar Energy Manufacturing for America Act Introduced in the US

Here are some noteworthy cleantech announcements of the day from around the world: U.S. Senator Jon Ossoff has introduced the Solar Energy Manufacturing for America...

June 23, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Rooftop Solar: The Struggles Continue Despite Enormous Potential

The energy costs for commercial and industrial (C&I) units in India account for around 30%-40% of the operational expenses.  Embracing solar seems like the most...

June 1, 2021

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Srinwanti Das

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Mercom Research Focus

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Other
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Daily News Wrap-Up: juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine

Here are some noteworthy cleantech announcements of the day from around the world: South Africa-based subsidiary of German renewable energy company juwi has signed an...

May 6, 2021

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Srinwanti Das

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Other

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Renewable Energy
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First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the first quarter of 2021 (Q1 2021). Net sales for Q1 2021 touched $803.4...

May 3, 2021

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Srinwanti Das

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Finance and M&A

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Solar
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Residential Welfare Association Takes Auction Route to Select Rooftop Solar Installer

Solar developer and EPC (Engineering, Procurement, and Construction) service provider, U-Solar, emerged as the winner in the auction held by the Westend Heights...

March 3, 2021

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Rahul Nair

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Rooftop

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Solar

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Uncategorized
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500%-800% Rise in Freight Charges Adding Financial Burden on Solar Projects

Indian solar developers face a new challenge while importing modules, especially from China. Solar companies are reporting that shipping/freight charges have shot up...

January 29, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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MNRE Mulls Removal of Tariff Caps for Solar and Wind Tenders

According to industry sources, in a meeting with the developers of solar and wind projects, the Ministry of New and Renewable Energy (MNRE) has proposed the removal of...

February 11, 2020

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Priya Sanjay

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Mercom Research Focus

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Other
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Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects...

November 20, 2019

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Renesola Announces Gross Profits of $8.6 Million in Q3 2018

ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the third quarter (Q3), ending September 2018....

November 23, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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Low Tariffs in Solar Could Result in a Wave of Project Refinances: Panel Discussion

India has witnessed exponential growth in renewable energy installations in the past four years with cumulative installations rising from 3 GW to 25 GW during the...

October 5, 2018

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Ankita Rajeshwari

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Markets & Policy

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Solar

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