Mercom Capital

Mercom Capital’s latest report shows relatively robust funding for solar globally but a slowdown in the United States due to the Section 201 investigation.

A unit of Indian conglomerate Adani will start building the first 65 MW phase of a planned 170 MW solar installation in the Australian state of Queensland by the end of this year.

Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.

A total of 250 MW of capacity at Andhra Pradesh’s Kadapa solar park has a 13-month completion timeframe from the date of signing of the power purchase agreement. These plans are now put on hold as APSPDCL withdraws from the deal, as once a record low solar power tariff turns into too high a price.

More than $1 billion raised in the first half of 2017 by battery storage, smart grid and energy efficiency companies – up from $807m in H1 2016, finds latest Mercom Capital Group report.

As of April 2017, India boasts 57.472 GW of installed renewable energy capacity, show recent data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group.

The state-owned salt company is on a quest for an EPC contractor to work on a large-scale project in the Indian state of Gujarat.

New data highlight a major discrepancy between India’s solar import and export numbers in the first 11 months of the financial year 2016-17.

Information published by industry analysts Mercom Capital Group shows that a total of $3.2 billion was raised from 60 deals in the first quarter of 2016. This represents a major increase from the previous quarter, when $1.6 billion was raised in 45 deals.

Winning bid for 250 MW solar project in NTPC-tendererd auction in Andhra Pradesh by Solairedirect is 4.5% lower than previous record price of $0.0494/kWh set earlier this year at the Rewa auction.