Author: Arshreet

About Arshreet

Arshreet Singh, Staff reporter at Mercom India More articles from Arshreet Singh.
Nagaraj Bharadwaj Arshreet Singh is a staff reporter at Mercom India. Before joining Mercom, he covered North American energy and mining companies for Reuters from their bureau in Bengaluru. He is a graduate of the Indian Institute of Journalism and New Media.More articles from Arshreet Singh.

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Power-Hungry Data Centers Drive Demand for Renewable Energy in India

With over 880 million internet users and a thriving tech sector, India’s data center industry has seen explosive growth in recent years and is poised to accelerate...

August 2, 2024

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Arshreet Singh

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Energy Efficiency

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Renewable Energy
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China Adds 57 GW of Solar Power Capacity in Q2 2024, Up 24% YoY

China continued its aggressive push towards clean energy, adding 56.74 GW of solar power capacity in the second quarter of 2024, a 24% year-over-year growth, according...

August 2, 2024

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Arshreet Singh

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Solar
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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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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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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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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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Punjab Invites Bids for 20 MW Solar Projects on Public Buildings

The Punjab Energy Development Agency (PEDA) has issued a tender for the design, supply, installation, and commissioning of 20 MW of grid-connected rooftop and...

July 30, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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CERC Adopts Tariffs for 1,080 MW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 1,080 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects...

July 29, 2024

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Arshreet Singh

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Markets & Policy

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Solar

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Wind
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Soshe Power Wins EPC Contract for Indian Oil’s 1 MW Solar Project in Haryana

Soshe Power Tech, a Hyderabad-based solar power developer, has secured an engineering, procurement, and construction (EPC) contract from Indian Oil Corporation (IOC) for...

July 29, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Juniper, JSW, O2, Adyant and Avaada Win NTPC’s 1 GW Wind-Solar Hybrid Auction

Juniper Green Energy, JSW Neo Energy (JSW Energy), TEQ Green Power (O2 Power), Adyant Enersol (Datta Infra), and Avaada Energy were declared winners in  NTPC’s auction...

July 29, 2024

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Arshreet Singh

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Tenders and Auctions
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JSW, Hero, Vena, Hexa Climate and Serentica Win SECI’s 630 MW FDRE Auction

JSW Neo Energy (JSW Energy), Hero Solar Energy (Hero Future Energies), Vena Energy, Hexa Climate Solutions and Serentica Renewables won significant capacities in Solar...

July 26, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Adani Green’s Q1 FY 2025 Revenue Rises 24% on Higher Capacity

Renewable energy company Adani Green Energy (AGEL) reported that its revenue surged by 24% year-over-year to ₹25.28 billion (~$301 million) in the first quarter of...

July 26, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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Tesla’s Energy Storage Revenue Doubles, but Q2 Profit Falls 45%

U.S.-based electric vehicle and clean energy company Tesla‘s revenue for the second quarter (Q2) of the financial year (FY) 2024 rose 2% year-over-year (YoY) to...

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Enphase Energy’s Q2 Profit Falls 71% Amid Demand Challenges

Microinverter and battery storage supplier Enphase Energy’s net income for the second quarter (Q2) of 2024 dropped 71.4% to $58.8 million as the Nasdaq-listed company...

July 24, 2024

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Arshreet Singh

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Finance and M&A

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