Author Archives: Gourav Mishra
About Gourav Mishra
Gourav, Staff reporter at Mercom India
More articles from Gourav.
Gourav is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master's in journalism from Jain University, Bengaluru. More articles from Gourav Mishra
NextEra’s Clean Energy Business’ Net Income Up 17% YoY in Q4 2022
The U.S.-based energy company NextEra Energy reported a net income of $1.52 billion for the fourth quarter (Q4) of 2022, up by 26.41% year-over-year (YoY), driven primarily due to successful ...
Hecate Energy Secures $550 Million to Support Renewables Expansion
U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including a $250 million term loan and $300 ...
Germany Earmarks Sites to Expand Offshore Wind Capacity to 30 GW by 2030
The German Federal Maritime and Hydrographic Agency (BSH) has published the area development plan 2023 aimed at helping Germany achieve its target of expanding offshore wind energy to 30 GW ...
JA Solar to Supply Modules for 875 MW Solar Project in Qatar
Beijing-based solar module maker JA Solar has signed a deal with Samsung C&T, a South Korea-based construction and engineering company, to supply photovoltaic modules for the largest solar project in ...
Hexicon Inches Closer to Developing 7.1 GW Offshore Wind Projects in Italy
Italy's transmission system operator (TSO) Terna SpA has approved six of Sweden-based Hexicon's seven proposed floating wind power projects for connection to the national grid. Terna's interconnection permit is a ...
JSW Energy’s Q3 Profit Dips 45% YoY to ₹1.8 Billion
JSW Energy, an independent power producer, posted a 45% year-over-year (YoY) drop in its profit at ₹1.8 billion (~$22.2 million) for the third quarter (Q3) of the financial year 2023, ...
India’s Wind Installations Increased 8% YoY to 229 MW in Q4 2022
Total wind capacity installations in India increased year-over-year (YoY) by 8%, with 229 MW added in the fourth quarter (Q4) of 2022 against 212 MW installed during Q4 2021. However, ...
Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion
The total revenue of Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pollonji Group, fell by 73% year-over-year (YoY) to ₹4.18 billion (~$51.5 ...
US Agency to Train Renewable Energy Procurers in Eight Indian States
The United States Trade and Development Agency (USTDA) has launched the Interstate Clean Energy Procurement Program (ICEPP) to train public procurers of clean energy on the best value and life-cycle ...
India Making Efforts to Push Clean Energy Use in Farming: Power Minister
India’s Minister for New and Renewable Energy (MNRE) R K Singh said that the country is aiding farmers with millions of solar water pumps while providing them with ammonia-based fertilizers ...
Brazil-based Unigel to Invest $1.5 Billion for a Green Hydrogen Project
Brazil-based chemical company Unigel said it would invest about $1.5 billion in an industrial-scale green hydrogen project in the South American country. The project would make Unigel the country's largest ...
Chinese Firm Announces Development of 710 Wp Heterojunction Solar Module
Solar module manufacturing technology has been evolving rapidly over the last few years, with Chinese companies at the forefront of the development. The race for better and more efficient modules ...
Researchers Use Compression to Raise Lithium Cell Cycle Life by 40%
Researchers at the ARC Training Centre for Future Energy Storage Technologies (storEnergy) found that the suppression of the lithium metal creep (Li-creep) under controlled conditions can extend the cell cycle ...
Adani Green to Acquire 50% Stake in Rajasthan-based Solar Park Developer
Adani Renewable Energy Two, a wholly-owned subsidiary of Adani Green Energy (AGEL), said it has signed a binding agreement to buy 50% equity interest in Essel Saurya Urja Company of ...
Loom Solar Raises $2 Million from US-Based Asset Manager
Haryana-based solar technology startup Loom Solar raised $2 million in funding from the U.S.-based asset manager Social Investment Managers and Advisors (SIMA Funds) to support its growth strategy for solar ...
Madhya Pradesh Invites Bids for 1.1 GW Solar Projects Under PM KUSUM
Madhya Pradesh Urja Vikas Nigam (MPUVNL) has invited bids to develop approximately 1,110 MW of grid-connected solar projects under component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan ...
Alantra and Solarig Partner to Launch a €1.7 Billion Solar Investment Vehicle
Global financial services firm Alantra has partnered with the utility-scale clean energy project developer Solarig, Switzerland-based Infrastructure asset manager Reichmuth and France-based asset manager Amundi Energy Transition to launch a ...
Hive Energy to Seek $4 Billion Funds for Solar and Battery Projects
The United Kingdom-based renewables company Hive Energy said it will seek direct investment of $4 billion for over 4 GW of proposed co-located solar and battery storage projects across 30 ...
Norfund to Invest $60 Million in Indian Waste-to-Energy Company SAEL
Norway’s development finance institution Norfund said it will invest about NOK 600 million (~$60.5 million) in the Indian solar and agricultural waste-to-energy company SAEL. The investment will help SAEL support ...
Europe Acquired Most Global Patents for Hydrogen Tech During 2011-20
Europe and Japan accounted for 28% and 24% of global patents for hydrogen production technologies between 2011 and 2020, a report by the International Energy Agency (IEA) has said. Further, ...
Daily News Wrap-Up: REC India Commits ₹10 Billion for Renewable Projects in MP
Here are some noteworthy cleantech developments from around the world: REC India, a central public sector undertaking under the Ministry of Power, signed a memorandum of understanding with Rewa Ultra ...
Qcells to Build Solar Supply Chain in the US with $2.5 Billion Investment
Solar cell and module manufacturer Qcells said it will invest over $2.5 billion to build a complete solar supply chain in the U.S. The Seoul-headquartered company will launch a new ...
Enfinity Global Acquires 400 MW of Operational Solar Projects in the US
Renewable energy company Enfinity Global said it has acquired a 400 MW operational utility-scale solar portfolio to expand the company’s reach in the U.S. The co-financing partners in the acquisition ...
Daily News Wrap-Up: bp Starts Construction of 134 MW Solar Project in Ohio
Here are some noteworthy cleantech developments from around the world: bp, a British multinational oil and gas company announced the start of construction of its 134 MW Arche Solar project ...
ENGIE Acquires 1.25 GW of Solar Plus Storage Projects in Arizona
Revolve Renewable Power Corporation, a developer of utility-scale solar, wind, and battery storage projects, announced the sale of its 1,250 MW of solar plus storage projects to ENGIE IR Holdings, ...
