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India added 3.6 GW of solar open access in a record H1 2024
Installations in Q2 2024 were up 152% year-over-year (YoY) compared to 712.8 megawatts (MW) in Q2 2023.Read more
Maharashtra unveils solar incentives for Textile Industry
Maharashtra Electricity Regulatory Commission has proposed amendments to Distributed Open Access Regulations, making it easier for consumers with a contract demand of 100 kW or more to access power from renewable sources.Read more
Funding for battery storage & smart grid increases in 2021
Battery storage, smart grid, and energy efficiency received $19.5 billion in corporate funding in 2021 compared to $8.1 billion in 2020, says a Mercom reportRead more
Solar installations to increase 3-fold to reach 10 GW in 2021: Mercom
Mercom India Research is forecasting over 10 GW of solar installations in 2021 compared to 3.2 GW in 2020 - the year in which the installations declined by 56 per cent over 2019. Read more
Indian solar installations up by 44 per cent in Q3 2019: Mercom
Tamil Nadu was the top state for large-scale solar installations in Q3 2019Read more
Global solar sector receives $ 9 bn funding in 9 months: Mercom
With solar sector picking up pace, the investments in the sector have showed a positive growth trend and are currently up by 34 per cent, says Mercom Capital Group in a report.Read more
Indian solar sector attracts $5.3 bn in H1 2018
According to Mercom Capital, total corporate funding in solar sector in the first half of 2018 was up by 15 per cent compared to H1 of 2017.Read more
Demand will suffer if module prices rise by 20%
Demand will suffer if module prices rise by 20%, says Raj Prabhu, CEO & Co-founder of Mercom Capital Group, while analysing the impact of rising module prices on India’s solar industryRead more
Will rising module prices put a brake on India’s solar industry?
Rising Chinese module prices pose significant short-term challenge for India’s solar industry, says Mercom India report. After falling by approximately 5% in the second quarter of 2017, for the first time in years, the average selling price (ASP) for Chinese modules is increasing quarter-over-quarter in India. Read more
Total corporate funding in global solar sector comes to USD 7.1 bn in first nine months of 2017, reports Mercom Capital Group
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released a new report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2017 and the first nine months of 2017.Read more