India’s Solar Module Manufacturing Capacity Exceeds 64 GW
Rising Demand Prompts Indian PV Industry To Add 20.8 GW Module & 3.2 GW Cell Capacity In 2023: Mercom
Thursday, 28 Mar 2024
By 2026, India’s solar PV module manufacturing capacity is expected to surpass 150 GW, and solar cell capacity 75 GW, according to Mercom India Research’s new report. It claims at the end of 2023, the country’s total solar module and cell pro.
Indian Solar Installations Declined By Over 44 Percent In 2023
Mercom Reports Connectivity Issues & Grid Compliance For Drop In New Deployments To 7.5 GW
Friday, 23 Feb 2024
The drop in solar module prices did boost orders from Indian solar developers during H2/2023; however, actual deployments could not keep pace with it, says Mercom India Research. It says the country’s total solar capacity addition in calendar yea.
India Solar PV News Snippets
Rays Power Infra Getting Ready For Public Debut & More From MNRE, SJVN, AGEL, Mercom, Jakson
Wednesday, 03 Jan 2024
Rays Power Infra intends to raise INR 3,000 million via IPO; MNRE extends QCO 2017 compliance deadline for PV inverters; SJVN’s RE JVs cleared; AGEL raises $300 million from TotalEnergies; Mercom reveals Green Hydrogen auction winners; Jakson insta.
India Installed 5.6 GW New Solar In CY 9M/2023
Mercom Blames Project Extensions, Delays & Declining Module Prices Among Reasons For Slower Annual Growth
Thursday, 23 Nov 2023
Extensions granted to several large-scale solar and hybrid projects and those facing delays owing to land and transmission issues negatively impacted newer solar PV installations in India during 9M/2023. Mercom India Research says Indian solar insta.
India Solar PV News Snippets
Engie India Picks RenewSys Modules For Gujarat Solar Project & More From IREDA, Mercom
Wednesday, 22 Nov 2023
Engie India has placed 100 MW solar module order with RenewSys India; IREDA raises INR 6.43 billion from anchor investors ahead of IPO; Mercom releases H1/2023 solar market leadership board. Engie India to source India-made modules: Indian solar en.
India Solar PV News Snippets
Bloomberg Philanthropies Backed India Agrivoltaics Alliance Launched & More From Waaree, Mercom, IOCL
Tuesday, 31 Oct 2023
12 organizations launch India Agrivoltaics Alliance; Waaree bags 200 MW module order from ENGIE India; Mercom’s analysis of India’s solar tenders and auctions progress; IOCL to build 800 MW solar plant in Goa. India gets serious about agrivolta.
India Added 3.6 GW New Solar In H1/2023
Cumulative Installed Solar PV Capacity Of India Surpasses 66 GW With 1.7 GW Added In Q2: Mercom India
Wednesday, 23 Aug 2023
Delays, extensions and postponements pulled down Indian solar PV installations by 53% annually to 3.6 GW in calendar year (CY) H1/2023, taking the cumulative capacity of this clean energy generation source in the country to exceed 66 GW at the end of.
India PV News Snippets
Mercom Says Large Scale Solar Project Costs Down 1st Time In 11 Quarters & More From TPREL, MNRE
Friday, 09 Jun 2023
Mercom report claims large scale solar project costs are coming down after 11 quarters & 518 MW solar open access added in CY Q1/2023; TPREL wins LOA for 966 MW RTC hybrid power plant from Tata Steel; MNRE to set up DRC to solve disputes between RE developers/EPC contractors and REIAs.
Indian Solar Installations Drop
Mercom Counts India To Have Installed 1.9 GW PV In Q1/2023 Taking Cumulative To Over 64.5 GW
Friday, 26 May 2023
Indian solar installations in Q1/2023 (CY 2023) declined by 48% annually and 30% quarterly to 1.9 GW according to Mercom India Research that counts the government’s decision to extend project commissioning deadlines for solar power projects under t.
India PV News Snippets
Indian Solar Exports To US Surge In Q1/2023 & More From Airtouch Solar, Oriana Power
Tuesday, 23 May 2023
US top export destination for Indian solar cells and modules, says Mercom; Airtouch Solar Bags AGEL’s Rajasthan project for waterless robotic cleaning systems; Oriana Power commissions 2.7 MW solar plant for IOCL refinery.
India PV News Snippets
SECI Earns Over INR 100 Billion From Power Trading & More From GUVNL, RIL, Gautam Solar
Tuesday, 25 Apr 2023
SECI has earned INR 100 billion from power trading; GUVNL has auctioned 500 MW solar capacity under phase XIX, says Mercom; RIL drops plan for RNEL’s merger; Gautam Solar’s high efficiency panels for Bhopal airport.
India PV News Snippets
INR 22 Billion From PFC For Vibrant Energy’s 300 MW AC Hybrid Projects & More From Vedanta, RECPDCL, REMC, Wika
Monday, 10 Apr 2023
PFC approves INR 22 billion for Vibrant Energy’s 300 MW AC RE; Vedanta’s BALCO signs RE PPA with Serentica: Mercom identifies RECPDCL’s 500 MW PV & REMC’s 1 GW RTC RE auction winners; Wika India’s 4th fab now powered by solar.
India: Solar PV Record Installations Of 13 GW In 2022
With 2.6 GW New Solar Deployed in Q4/2022 & Pandemic Hit Capacity Coming Online, India Exited 2022 With 27% Annual Increase In Installations, Says Mercom
Wednesday, 22 Feb 2023
Several solar power projects delayed due to the COVID-19 pandemic related challenges in 2021 in India came online in 2022 taking the country’s annual PV installations in CY2022 to 13 GW.
Mercom Pegs India’s Solar Production Capacity At 95 GW In 2025
India To Grow Solar Cell Manufacturing Capacity 7-fold To 32 GW By 2024 & Module Capacity To 95 GW By 2025, Forecasts Mercom
Tuesday, 24 Jan 2023
Backed by strong policy environment and financial incentives, India is likely to grow its solar cell production capacity 7-fold to 32 GW by the end of 2024 up from 4.7 GW till September 2022 with overall module manufacturing capacity expected to reac.
India PV News Snippets
Vibrant Energy Signs Corporate PPA For 300 MW Wind-Solar Hybrid Project With Amazon & More From Mercom India & SJVN Limited
Saturday, 03 Dec 2022
Amazon signs PPA for 300 MW wind-solar hybrid project with Vibrant Energy; Mercom says 1.9 GW open access PV installed in 9M/2022; SJVN signs JV MoU with Grid Corporation of Odisha for 2 GW solar and 1 GW hydroelectric projects.
India PV News Snippets
Uttar Pradesh Targets 22 GW Solar Capacity By 2026-27 Under New Solar Policy & More From Mercom, Sembcorp, Sunsure, Enertech, Tata
Friday, 18 Nov 2022
UP confirms 22 GW solar power additions target by 2026-27; BCD & ALMM boost Indian solar exports in Q3/2022, says Mercom; Sembcorp will take over Vector Green; Sunsure Energy completes 74 MW solar project for Cleantech Solar; Redington and Enerte.
India Installed 10 GW+ New Solar PV Capacity In 9M/2022
Mercom Sees 2022 Turning Out To Be India’s ‘Best’ Year For Solar Installations, Though Near Term Challenges Remain
Thursday, 17 Nov 2022
Even as Indian solar installations in Q3/2022 declined 32% sequentially and 6.6% annually, during 9M/2022 the total for the year went up to over 10 GW because of which Mercom Capital Group CEO Raj Prabhu believes, this will be India’s ‘best’ year for solar to date.
India Installed 3.9 GW Solar Capacity In Q2/2022
Mercom Calls Q2 CY2022 Best Quarter For Solar To Date For India, Taking Cumulative PV Capacity To 57 GW
Friday, 19 Aug 2022
During Q2/CY2022, India installed more than 3.9 GW solar power capacity, having gone up 18% on sequential basis, and 59% annually, led by large scale projects that accounted for 90% deployments, according to Mercom India Research.
India Installed 456 MW Rooftop PV In Q1 CY2022
Mercom India Says India’s Cumulative Installed Rooftop Solar Capacity Increased To 7.6 GW
Thursday, 02 Jun 2022
India’s total installed rooftop solar capacity at the end of March 2022 increased to around 7.6 GW with the addition of 456 MW in Q1 of calendar year (CY) 2022, according to Mercom India Research’s new report Mercom India Rooftop Solar Market Report Q1 2022.
India PV News Snippets
China Exported 96% Solar Cells & Modules To India In Q1/2022 & More From TPREL, ACME, ReNew, JA Solar
Friday, 27 May 2022
TPREL energizes 100 MW AC and ACME Solar 300 MW for MSEDCL; ReNew Power signs MoUs to invest in RE in Maharashtra and Karnataka; JSW Energy’s 225 MW solar plant uses JA Solar modules; Solar imports increased 374% in Q1/2022.
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