Archive

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Key to India’s Energy Independence Lies in Transformative Solar Technologies

The transformative technologies reshaping the energy landscape were explored during the session titled “Exploring Next-Generation Technologies Driving the Clean...

August 1, 2024

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Arjun Joshi

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Other

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Technology
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Month in a Minute: Top Headlines from Indian Renewable Sector in July 2024

India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report, India’s...

August 1, 2024

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Arshreet Singh

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Renewable Energy
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Heliene, Premier Energies to Manufacture Solar Cells in the U.S.

North America-based solar PV module manufacturer Heliene has announced a joint venture with Premier Energies, a manufacturer of solar cells and modules in India, to...

August 1, 2024

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Staff

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Manufacturing

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Modules

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Solar
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Sunnova Energy Narrows Q2 Loss on Investment Credit Sales, More Customers

U.S.-based residential solar firm Sunnova Energy reported a 21% narrower net loss for the second quarter of 2024 at $79.7 million, an improvement from the $100.8 million...

August 1, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Oorja Raises $1.5 Million to Deploy Agri-Energy Infrastructure

Delhi-based solar irrigation services company Oorja Development Solutions closed its Pre-Series A funding round, raising $1.5 million from six investors. The company...

August 1, 2024

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Staff

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Finance and M&A

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Solar
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SECI Floats Tender for 2 GW ISTS-Connected Solar Projects with Storage

The Solar Energy Corporation of India (SECI) has invited bids to set up 2,000 MW inter-state transmission system (ISTS)-connected solar power projects with 1,000 MW/4,...

August 1, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Financing India’s Renewable Energy Projects

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current landscape,...

August 1, 2024

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Arshreet Singh

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Daily Wrap-up
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Torrent Power’s Profit Grows 87% YoY in Q1 FY 2025

Gujarat-based Torrent Power‘s net profit for the first quarter (Q1) of the financial year (FY) 2024-25 stood at ₹9.96 billion ($118.9 million), an 87%...

July 31, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Powering the Future: Insights on Financing India’s Renewable Energy Projects

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

July 31, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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First Solar Q2 Profit Doubles on Higher Module Shipments

U.S.-based First Solar‘s second quarter (Q2) 2024 net income rose 104.8% to touch $349.4 million from $170.6 million last year, primarily driven by higher module...

July 31, 2024

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Arshreet Singh

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Finance and M&A

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Manufacturing

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Solar

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