Continuing a downward trend of capacity additions, India has added 1.7GW of solar capacity in the second quarter of 2023, according to consultancy Mercom India Research.
Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.
The top ten developers for utility-scale solar accounted for 125GW of operational, under construction and contracted projects between July 2020 and June 2021, according to a report from research firm Mercom Capital Group.
The financial adversity of India’s struggling distribution companies (Discoms) has been reflected in a significant downgrading in the latest rankings by the Ministry of Power, giving yet more concern for renewable energy players
Corporate funding in the global solar sector in the first half of 2022 was down 11% year-on-year as activity dropped especially during Q2, according to research from Mercom Capital Group.
Corporate funding in the global solar sector in the first half of 2021 was up almost threefold year-on-year, according to a new report from Mercom Capital Group.
India installed just 205MW of solar capacity in the second quarter of 2020, down 86% year-on-year, according to a new report from research and consulting firm Mercom India Research.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.
Mercom: Rising allocations from debt players, private equity, venture capital and public markets helped global industry raise US$9bn between January and June 2019.
Mercom: US$300m ReNew Power deal and stock exchange listings help industry raise US$6bn in H1 2019 from venture capitalists, public markets and debt providers.
