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.
Daily News Wrap-Up: Tata Power to Set Up EV Charging Stations at Apollo Tyres’ Vehicle Zones
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power and Apollo Tyres announced a strategic partnership to deploy public charging stations across India. These ...
Residential Consumers Can Soon Order a Rooftop Solar System Online
The Ministry of New and Renewable Energy (MNRE) has issued a simplified procedure for residential consumers to install the rooftop solar system through any vendor of their choice under the ...
Daily News Wrap-Up: Dalmia Cement Expands its Captive Solar Project Capacity to 17.1 MW
Here are some noteworthy cleantech announcements of the day from around the world: Dalmia Cement (Bharat) expanded its ground-mounted solar project capacity from 2.4 MW to 17.1 MW. The solar ...
Priority Sector Lending Can Help Unlock EV Financing of ₹3.7 Trillion by 2030: NITI Aayog
NITI Aayog, in its recent report, ‘Banking on Electric Vehicles in India,’ proposed the inclusion of electric vehicles (EVs) in Reserve Bank of India’s (RBI) priority-sector lending (PSL) guidelines to ...
Adani Green Registers 47% YoY Increase in Cash Profits in 9M 2022
Renewable energy company Adani Green Energy (AGEL) has generated ₹26.55 billion (~$355.04 million) as revenue from power supply in the first nine months (9M) of the financial year (FY) 2022, ...
Daily News Wrap-Up: SBI Partners with Tata Power to Finance Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: State Bank of India (SBI) launched a dedicated centralized processing cell - ‘Surya Shakti Cell,' in partnership ...
Economic Survey 2022: India Steadily Advances Towards Its Sustainable Development Goals
Finance minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament. Published a day before the presentation of the Union budget, the Economic Survey presents a progress report of the ...
Month in a Minute: Top Headlines from Indian Renewable Sector in January 2022
Here is a recap of some of the most important headlines from January 2022: ReNew Power sold its 117 MW of rooftop solar portfolio to distributed solar company Fourth Partner ...
In a Turnaround, Suzlon Posts ₹370 Million Net Profit in Q3 FY 2022
Pune-based renewable energy solutions provider Suzlon Energy Limited has reported a turnaround with a net profit after tax of ₹370 million (~$4.93 million) in the third quarter (Q3) of the ...
Daily News Wrap-Up: Energy Storage to Be Next Focus of Power Ministry
Here are some noteworthy cleantech announcements of the day from around the world: Union Power Minister R K Singh interacted with the renewable energy developers and government representatives on the ...
Tesla’s Net Income Up 665% YoY With $5.52 Billion in 2021
Tesla recorded a revenue of $17.72 billion in the fourth quarter (Q4) of 2021, an increase of 29% compared to $13.76 billion in the previous quarter. The revenue contribution from ...
Daily News Wrap-Up: Jinko Solar Completes IPO Process, Lists on Shanghai Stock Exchange
Here are some noteworthy cleantech announcements of the day from around the world: JinkoSolar Holding Co's principal operating subsidiary, Jinko Solar (Jiangxi Jinko), completed its initial public offering (IPO) process ...
Tamil Nadu Regulator Asks DISCOM to Pay Amount Due to a Wind Developer With Interest
Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay the deficit amount of ₹170.41 million (~$2.26 million) for the financial year ...
Waiving ISTS Charges Could Catalyze Growth in Renewable Open Access Market
Open access solar project developers believe that inter-state transmission charges (ISTS) waiver on solar projects and other renewable energy projects would widen the scope of open access projects connected to ...
Electric Vehicle Sector Lays Out Expectations for Budget 2022
The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
Daily News Wrap-Up: Solar Component Manufacturer RenewSys Adds New Encapsulant Line
Here are some noteworthy cleantech announcements of the day from around the world: Photovoltaic (PV) module and component (encapsulant and backsheet) manufacturer RenewSys India commissioned a new encapsulant line. The ...
Government Approves Equity Infusion of ₹10 Billion in Solar Energy Corporation of India
The Ministry of New and Renewable Energy (MNRE) has announced that the government has approved an equity infusion of ₹10 billion (~$ 134.11 million) in Solar Energy Corporation of India ...
EVs Gear Up for a Breakthrough Year in 2022
The increasing number of green number plates on Indian roads is the best testament to the new vehicle buyers’ growing inclination towards electric vehicles (EVs). Though the number of vehicles ...
Daily News Wrap-Up: Adani and POSCO to Collaborate in Renewable Energy
Here are some noteworthy cleantech announcements of the day from around the world: Adani Group and South Korean steel major POSCO will explore business cooperation opportunities, including establishing a green, environment-friendly integrated ...
Battery Storage Provider Viridi Parente Raises $95 Million in Series C Funding Round
Battery storage provider Viridi Parente raised $94.7 million in a Series C funding round led by existing investor B. Thomas Golisano. The round saw participation from new investors, including international equipment ...
Bids Invited to Develop Solar Minigrids in Uganda
Power Africa Off-grid Project (PAOP) has issued a request for applications (RFA) to develop solar minigrids in Rwamwanja Refugee Settlement in the Sub-Saharan country of Uganda. The last day to ...
Daily News Wrap-Up: Vena Energy Secures JP¥14 Billion Green Loan for a Wind Project
Here are some noteworthy cleantech announcements of the day from around the world: Renewable energy company Vena Energy secured a JP¥14.47 billion (~$125.4 million) green loan from Shinsei Bank to ...
Daily News Wrap-Up: Reliance buys 18 Million Sterling & Wilson Shares in Off-Market Deal
Here are some noteworthy cleantech announcements of the day from around the world: Reliance New Energy Solar (RNESL) is purchasing 18.4 million Sterling & Wilson Renewable Energy (SWREL) shares in ...
Solar Developer’s Plea for Refund of Liquidated Damages Rejected
The Karnataka Electricity Regulatory Commission (KERC) has rejected a petition filed by a solar developer seeking a refund of ₹56.1 million (~$756,784) deducted as liquidated damages for delay in commissioning a ...
Transmission Line to Supply 500 MW of Renewable Energy to Reliance Refinery Approved
The Central Electricity Regulatory Commission (CERC) has directed the Central Transmission Utility of India Limited (CTU) to grant a transmission line to supply 500 MW of renewable energy-based power to Reliance ...
