Low Power Demand – Ujala Which Has Cut Down Peak Power Demand by 9 GW

Reduced power demand has been an issue for some time in India and it has been blamed largely on financially challenged DISCOMs (utility companies). One of While energy efficiency is good for the environment it also means reduced demand for power generation including solar and win … | Continue reading


@mercomindia.com | 5 days ago

Investment in Indian Solar Sector Dips to $9.8B in 2018

In 2018, investments in the Indian solar sector totaled approximately $9.8 billion compared to 2017, in which almost $11.5 billion flowed into the Indian total investment reached almost $10 billion as the upstream activity increased due to investments in new manufacturing facilit … | Continue reading


@mercomindia.com | 5 days ago

Malaysia’s Petronas Acquires Singapore’s Distributed Solar Company Amplus Energy

Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media In a media statement issued by PETRONAS, the company stated that it has entered into an agreement with I Squared capital to acqu … | Continue reading


@mercomindia.com | 6 days ago

China Eyes One Belt One Road Initiative to Expand Renewable Energy

China plans to utilize its ambitious One Belt One Road (OBOR) initiative to expand renewable energy along the economic belt. According to China’s National nking of renewables to the OBOR initiative may act as a facelift and evince interest from countries that had initially oppose … | Continue reading


@mercomindia.com | 9 days ago

Global Solar Market Receives $2.8B in Corporate Funding in Q1 2019

The solar sector received $2.8 billion in corporate funding globally, including venture capital funding, public market, and debt financing. Activity Activity across venture capital funding, public market, and debt financing were up 10% in Q1 2019, compared to Q1 of 2018. | Continue reading


@mercomindia.com | 9 days ago

MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval (grouping) of solar photovoltaic (PV) inverters to conduct As the inverters are of varying sizes, ratings and type the inverters in each category are to be grouped for submitting sampl … | Continue reading


@mercomindia.com | 10 days ago

Solar Auctions Plummeted While Tender Activity Soars in March 2019

Solar auction activity in March plummeted to 750 MW, which was approximately one-fourth of the capacity auctioned in the previous month. | Continue reading


@mercomindia.com | 11 days ago

Toxic Air Killed 1.2M Indians in 2017: Report

Air pollution is estimated to have caused nearly 4.9 million deaths in 2017 with India and China accounting for 1.2 million each, which was the highest in Breathing polluted air increases a person’s chances of developing heart disease, chronic respiratory diseases, lung infection … | Continue reading


@mercomindia.com | 13 days ago

Market Leaders in India’s Solar Industry

In 2018, India was again the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in the year. | Continue reading


@mercomindia.com | 13 days ago

Solar Installations in India Reach 6.6 GW in the First Nine Months of 2018

India’s solar installations have reached 6.6 GW year-to-date with large-scale projects making up 5,382 MW and rooftop installations accounting for 1,240 MW. | Continue reading


@mercomindia.com | 4 months ago