News & Media

Residential Rooftop Solar Systems Above 10 kW Are Eligible for Subsidy of ₹94,822 – Mercom India

Residential Rooftop Solar Systems Above 10 kW Are Eligible for Subsidy of ₹94,822 – Mercom India

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August 1, 2022

Residential Rooftop Solar Systems Above 10 kW Are Eligible for Subsidy of ₹94,822 – Mercom India

The Ministry of New and Renewable Energy (MNRE) has issued new and simplified central financial assistance (CFA) calculations for rooftop solar systems installed by residential consumers. The ministry also launched a portal to enable transparent processing of the subsidy. The

Revolve Gets Green Light from BLM to Proceed with 250 MW Project Plans – Solar Industry

Revolve Gets Green Light from BLM to Proceed with 250 MW Project Plans – Solar Industry

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August 5, 2022

Revolve Gets Green Light from BLM to Proceed with 250 MW Project Plans – Solar Industry

The U.S. Bureau of Land Management (BLM) has notified Revolve Renewable Power Corp. that its right of way/variance land application for the 250 MW Parker Solar and Storage Project, located in La Paz County, Ariz., has

EIA Reports Power Grid Added 15 GW of Generating Capacity in 2022 – Solar Industry

EIA Reports Power Grid Added 15 GW of Generating Capacity in 2022 – Solar Industry

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August 4, 2022

EIA Reports Power Grid Added 15 GW of Generating Capacity in 2022 – Solar Industry

The U.S. Energy Information Administration’s (EIA) latest inventory of electric generators shows 15 GW of new utility-scale electric generating capacity came online in the United States during the first half of 2022. Based on the most recently reported plans, developers

PosiGen Opens Solar Installation Services in Massachusetts – Solar Industry

PosiGen Opens Solar Installation Services in Massachusetts – Solar Industry

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August 2, 2022

PosiGen Opens Solar Installation Services in Massachusetts – Solar Industry

PosiGen, a provider of renewable energy and energy efficiency solutions for low-to-moderate (LMI) income homeowners, is expanding into Massachusetts. This will be PosiGen’s sixth operational state, joining Connecticut, New Jersey, Pennsylvania, Mississippi and the company’s home

ADB Approves $18 Million for Bhutan’s First Utility-Scale Solar Power Project – Mercom India

ADB Approves $18 Million for Bhutan’s First Utility-Scale Solar Power Project – Mercom India

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October 28, 2022

ADB Approves $18 Million for Bhutan’s First Utility-Scale Solar Power Project – Mercom India

Bhutan is set to get its first utility-scale solar photovoltaic (PV) power project, with the Asian Development Bank (ADB) approving financing of $18.26 million for its construction. The project will have a capacity of 17.38 MW and will produce 25

MEAG, NZ Super Fund, Infratil Invest $500 Million in Longroad Energy – Solar Industry

MEAG, NZ Super Fund, Infratil Invest $500 Million in Longroad Energy – Solar Industry

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August 2, 2022

MEAG, NZ Super Fund, Infratil Invest $500 Million in Longroad Energy – Solar Industry

Paul Gaynor Longroad Energy Holdings LLC has received a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed

Solar, Storage Industries Express Support for Clean Energy Banking Reforms – Solar Industry

Solar, Storage Industries Express Support for Clean Energy Banking Reforms – Solar Industry

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August 5, 2022

Solar, Storage Industries Express Support for Clean Energy Banking Reforms – Solar Industry

Dana Clare Redden The Solar Energy Industries Association (SEIA) is urging banking regulators to expand the use of the Community Reinvestment Act (CRA) to include financing support for solar and storage projects of all sizes. SEIA’s advocacy push centers around

Mercom’s Clean Energy Meet Expands Awareness on Cost Savings, Increasing Brand Value – Mercom India

Mercom’s Clean Energy Meet Expands Awareness on Cost Savings, Increasing Brand Value – Mercom India

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November 15, 2022

Mercom’s Clean Energy Meet Expands Awareness on Cost Savings, Increasing Brand Value – Mercom India

Green energy adoption is indisputably good for businesses despite a less than conducive regulatory environment and the recent spike in the input cost for solar installation, industry experts said at Mercom India’s Commercial and Industrial (C&I) Clean Energy Meet in

Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects – Mercom India

Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects – Mercom India

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March 6, 2023

Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects – Mercom India

Jindal Stainless has announced it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a move to reduce its carbon footprint. The roofs of various

Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses – Mercom India

Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses – Mercom India

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February 23, 2023

Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses – Mercom India

U.S.-based residential solar company Sunnova posted a net loss of $61.9 million for the fourth quarter (Q4) of 2022 compared to $31.2 million year-over-year. The higher net loss was primarily the result of higher operating costs, including general and administrative

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