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.
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
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
