Author Archives: Arjun Joshi

About Arjun Joshi

Arjun Joshi is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology, and Optional English from Garden City University, Bangalore. More articles from Arjun Joshi.

arjun@mercomindia.com

@arjun_sheelajoe

SUN Mobility Raises $50 Million From Vitol For Accelerating EV Infrastructure

SUN Mobility Raises $50 Million From Vitol For Accelerating EV Infrastructure

Electric vehicle infrastructure and services provider SUN Mobility has raised $50 million from Vitol, a Dutch energy trader and investor in renewable energy companies. The funds raised will be used ...
Assessing the Interactions of Solar With the Power System

Assessing the Interactions of Solar With the Power System

The Lawrence Berkeley National Laboratory has released a report, 'Solar-to-Grid: Trends in System Impacts, Reliability, and Market Value in the United States,' assessing the interactions of solar with the power ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: Heraeus Photovoltaics to Build a New Facility

Daily News Wrap-Up: Heraeus Photovoltaics to Build a New Facility

Here are some noteworthy cleantech announcements of the day from around the world: Solar metallization pastes supplier Heraeus Photovoltaics is building a new facility in Minhang, Shanghai, to meet the ...
/ / Other, Renewable Energy
Saudi Arabia Shortlists Bidders for its 1.2 GW Solar Tender

Saudi Arabia Shortlists Bidders for its 1.2 GW Solar Tender

Saudi Arabia's Ministry of Energy announced the list of bids received from developers to participate in the country's third phase of renewable energy projects. The third phase includes four solar ...
Daily News Wrap-Up: Pfizer to Buy Solar Power From a 310 MW Project in Texas

Daily News Wrap-Up: Pfizer to Buy Solar Power From a 310 MW Project in Texas

Here are some noteworthy cleantech announcements of the day from around the world: Renewables developer Vesper Energy has entered into a virtual power purchase agreement (VPPA) with Pfizer for 310 ...
/ / Other, Renewable Energy
Power Sector Financier REC Limited Secures $75 Million Loan from Sumitomo Mitsui Banking

Power Sector Financier REC Limited Secures $75 Million Loan from Sumitomo Mitsui Banking

REC Limited, a public infrastructure finance company in India’s power sector, has raised a $75 million five-year secured overnight financing rate (SOFR) linked syndicated term loan. Sumitomo Mitsui Banking Corporation ...
/ / Finance and M&A, Other
Transmission Line Proposed to Supply 500 MW of Renewable Energy to Reliance Refinery

Transmission Line Proposed to Supply 500 MW of Renewable Energy to Reliance Refinery

The Central Electricity Regulatory Commission (CERC) has asked for stakeholder consultation regarding a transmission line to supply an additional 500 MW of renewable energy-based power to Reliance Industries (RIL) Jamnagar ...
/ / Grid, Market & Policy
Daily News Wrap-Up: Lightsource bp Enters Poland Market with a 757 MW Solar Project

Daily News Wrap-Up: Lightsource bp Enters Poland Market with a 757 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Solar developer Lightsource bp has secured its first projects in Poland through a 757 MW co-development deal ...
/ / Other, Renewable Energy
Reducing Carbon Footprint and Operating Costs Through Open Access Solar

Reducing Carbon Footprint and Operating Costs Through Open Access Solar

India's open access solar market has provided an effective alternative for investors and developers reluctant to participate in aggressive large-scale auctions and small-size rooftop solar projects. In the first half ...
/ / Markets & Policy, Solar
Singareni Collieries Issues Consultancy Tender for a 250 MW Floating Solar Project

Singareni Collieries Issues Consultancy Tender for a 250 MW Floating Solar Project

Singareni Collieries (SCCL) has issued a consultancy tender for a 250 MWDC floating solar project at Lower Manair Dam, Karimnagar. Singareni Collieries is the central government and the state of Telangana’s ...
Daily News Wrap-Up: Sterlite Power to Build Northeastern Transmission Project

Daily News Wrap-Up: Sterlite Power to Build Northeastern Transmission Project

Here are some noteworthy cleantech announcements of the day from around the world: Power transmission infrastructure developer Sterlite Power was awarded the Nangalbibra─ Bongaigaon inter-state power transmission project. Sterlite was ...
/ / Other, Renewable Energy
Energy Market Access Platform Leap Raises $33.5 Million in Series B Funding

Energy Market Access Platform Leap Raises $33.5 Million in Series B Funding

Energy market access platform Leap has raised $33.5 million in equity and debt in Series B funding led by Park West Asset Management, a Northern California-based investment management firm. Existing ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Tata Motors Partners with Endress+Hauser to Deploy Electric Buses

Daily News Wrap-Up: Tata Motors Partners with Endress+Hauser to Deploy Electric Buses

Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors has partnered with Endress+Hauser Flowtec (India) to deploy electric buses for employee transportation. Endress+Hauser Flowtec ...
/ / Other, Renewable Energy
U.S. Department of Energy Aims to Increase Community Solar Installations by 700%

U.S. Department of Energy Aims to Increase Community Solar Installations by 700%

The U.S. Department of Energy (DOE) announced a new National Community Solar Partnership (NCSP) target to enable community solar systems to power the equivalent of five million households by 2025 ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Here are some noteworthy cleantech announcements of the day from around the world: The European Union has issued its first-ever NextGenerationEU green bond. The 15-year bond due on February 4, ...
/ / Other, Renewable Energy
Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean energy platform WattBuy has announced a $10 million expansion of their Series A raise, led by SE Ventures, a venture capital fund backed by Schneider Electric, along with My ...
/ / Finance and M&A, Solar
Karnataka Electricity Regulator Denies Captive Status to a Wind Project

Karnataka Electricity Regulator Denies Captive Status to a Wind Project

The Karnataka Electricity Regulatory Commission (KERC) has rejected a petition submitted by a wind power company seeking captive power project status for the financial year (FY) 2017-18. The Commission directed ...
/ / Markets & Policy, Wind
Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, and Abu Dhabi Developmental Holding Company (ADQ) have entered into a binding agreement to invest ₹75 billion ...
Daily News Wrap-Up MYSUN Wins 140 MW of Captive Open Access Solar Projects

Daily News Wrap-Up: MYSUN Wins 140 MW of Captive Open Access Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Distributed solar company MYSUN has won 140 MW of solar projects under the captive open access mode ...
/ / Other, Renewable Energy
AEP Energy Issues Tender to Buy Power from Solar, Wind, Storage Projects in the PJM Market

AEP Energy Issues Tender to Buy Power from Solar, Wind, Storage Projects in the PJM Market

AEP Energy Partners (AEPEP), a subsidiary of American Electric Power, has issued a request for proposal (RfP) to procure power from new or repowered wind and solar plants and battery ...
/ / Solar, Tenders & Auctions
RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

Solar battery network startup RedEarth Energy Storage has raised AU$12 million (~$8.82 million) in a pre-IPO round led by Ord Minnett Private Opportunities. The company plans to use the funds ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producers, Électricité de France S.A. and NTPC, signed a memorandum of understanding (MoU) to explore ...
/ / Other, Renewable Energy
Ministry Issues Guidelines for Optimum Utilization of Power Generation Capacity

Ministry Issues Guidelines for Optimum Utilization of Power Generation Capacity

The Ministry of Power (MoP) has approved the guidelines for optimum utilization of power generation capacity. As per the tariff policy, power generating stations must always be available and ready ...
/ / Grid, Market & Policy
Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio

Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio

The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of ~₹11 billion (~$146.43 million) to Vector Green Energy, a Mumbai-based independent power producer focused on solar and wind ...
/ / Finance and M&A, Solar
Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry

Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry

Coal India has ample coal available to meet the demand of power plants, and any fear of power supply disruptions is ‘entirely misplaced,’ the Ministry of Power has announced in ...
/ / Other, Other Energy