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

Daily News Wrap-Up 17 New Grid Islanding Programs Planned for Major Cities in India

Daily News Wrap-Up: 17 New Grid Islanding Programs Planned for Major Cities in India

Here are some noteworthy cleantech announcements of the day from around the world: Seventeen new islanding programs have been planned for major cities, in addition to 26 existing and under-implementation ...
/ / Other, Renewable Energy
Researchers Develop Device to Recover Waste Heat from Photovoltaic Units

Researchers Develop Device to Recover Waste Heat from Photovoltaic Units

Scientists from the University of Milano-Bicocca, University of Rome Tor Vergata, and Massachusetts Institute of Technology have fabricated a thermally-coupled electrically-separated hybrid thermoelectric, photovoltaic system (HTEPV)-based device based on a ...
/ / Solar, Technology
NTPC Plans to Raise ₹50 Billion Term Loan to Finance Renewable Energy Expansion

NTPC Plans to Raise ₹50 Billion Term Loan to Finance Renewable Energy Expansion

NTPC Limited has invited offers from banks and financial institutions to raise ₹50 billion (~$672 million) as rupee term loans. The loan proceeds would be utilized towards capital expenditure for ...
/ / Finance and M&A
Solar Tracker Manufacturer FTC Solar to Explore Breakbulk Shipping to Cut Costs

Solar Tracker Manufacturer FTC Solar to Explore Breakbulk Shipping to Cut Costs

U.S. solar tracker systems provider FTC Solar is exploring breakbulk shipping methods and cost-cutting measures to return the business to profitability in Q4 2021. It recorded a revenue of $50.1 ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Construction Cost for Onshore Wind Generation in the US Down by 27%

Daily News Wrap-Up: Construction Cost for Onshore Wind Generation in the US Down by 27%

Here are some noteworthy cleantech announcements of the day from around the world: The U.S. Energy Information Administration's latest construction cost data revealed that the average construction cost for onshore ...
/ / Other, Renewable Energy
First Solar Begins Construction of 3.3 GW Module Manufacturing Facility in Ohio

First Solar Begins Construction of 3.3 GW Module Manufacturing Facility in Ohio

U.S.-based solar modules manufacturer First Solar has commenced the construction of a 3.3 GW module manufacturing facility in Ohio. The facility will cost $680 million and is scheduled for operations ...
/ / Modules, Solar
India’s Energy Storage Capacity Could Reach 800 GW by 2050 NREL

India’s Energy Storage Capacity Could Reach 800 GW by 2050: NREL

The National Renewable Energy Laboratory (NREL) has published a report, “Energy Storage in South Asia: Understanding the Role of Grid-Connected Energy Storage in South Asia’s Power Sector Transformation.” The report ...
Solar Contributes to Record 10% of EU Electricity This Summer

Solar Contributes to Record 10% of EU Electricity This Summer

Solar energy accounted for 10% of the European Union's (EU) electricity during the peak summer months of June and July this year, energy think tank Ember has revealed. Solar power ...
/ / Markets & Policy, Solar
About 45% Of EU Firms Have Reported Investments to Fight Climate Change EIB Report

About 45% of EU Firms Have Reported Investments to Fight Climate Change: EIB Report

European Investment Bank (EIB) recently published the report "European firms and climate change 2020/2021: Evidence from the EIB Investment Survey". The report sheds light on how European Union (EU) firms ...
/ / Other, Renewable Energy
Daily News Wrap-Up: ENGIE Commissions a 200 MW Solar Project in Gujarat

Daily News Wrap-Up: ENGIE Commissions a 200 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Global energy player ENGIE has commissioned a 200 MWac solar project at Raghanesda Solar Park, Gujarat. The ...
/ / Other, Renewable Energy
Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based startup providing electric vehicle (EV) charging solutions goEgoNetwork has raised $2 million in seed funding to expand its electric charging network. Rishi Bagla, Chairman of Bagla Group, an auto component manufacturer, ...
/ / Finance and M&A, Other
Daily News Wrap-Up: MNRE Issues Updated List of Solar Manufacturers Under ALMM

Daily News Wrap-Up: MNRE Issues Updated List of Solar Manufacturers Under ALMM

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Macquarie to Invest in Offshore Wind Projects in Norway

Daily News Wrap-Up: Macquarie to Invest in Offshore Wind Projects in Norway

Here are some noteworthy cleantech announcements of the day from around the world: Investment firm Green Investment Group (GIG), a subsidiary of Australian bank Macquarie, has partnered with Norwegian renewable ...
/ / Other, Renewable Energy
ACWA Power Announces Financial Close for the 1.5 GW Sudair Solar Project

ACWA Power Announces Financial Close for the 1.5 GW Sudair Solar Project

Saudi Arabia's energy major ACWA Power has announced the financial close for the 1.5 GW Sudair solar project developed under the Public Investment Fund (PIF) renewable energy program. Located at ...
/ / Finance and M&A, Solar
SJVN Wins Auction for 200 MW of Grid-Connected Solar Projects in Bihar

SJVN Wins Auction for 200 MW of Grid-Connected Solar Projects in Bihar

SJVN Limited, a joint venture between the Union government and the Himachal Pradesh government, has bagged a 200 MW grid-connected solar photovoltaic project in Bihar in an auction held by Bihar ...
/ / Solar, Tenders & Auctions
Aurora Solar Acquires Solar Software Developer Folsom Labs

Aurora Solar Acquires Solar Software Developer Folsom Labs

Aurora Solar, a U.S.-based solar software company has announced the acquisition of Folsom Labs, the developer of HelioScope, a solar design software solution for the commercial sector. Commenting on the ...
/ / Finance and M&A, Solar
Daily News Wrap-Up ADB and IIFL Home Finance To Promote Green Housing in India

Daily News Wrap-Up: ADB and IIFL Home Finance to Promote Green Housing in India

Here are some noteworthy cleantech announcements of the day from around the world: Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) inked an agreement for a $1 million ...
/ / Other, Renewable Energy
Indian Researchers Develop a Dendrite-Free Zinc-Iron Redox-Flow Battery

Indian Researchers Develop a Dendrite-Free Zinc-Iron Redox-Flow Battery

The widespread deployment of renewable energies such as wind and solar has increased the demand for energy storage. Redox-flow batteries are scalable energy-storage devices that are one of the most ...
/ / Energy Storage, Technology
Researchers Claim a New Material Can Lower Production Cost of Lithium Batteries

Researchers Claim a New Material Can Lower Production Cost of Lithium Batteries

Researchers from the University of Science and Technology of China (USTC) claimed to have developed a new material, lithium zirconium chloride (LZC), which could help lower solid-state lithium batteries' production ...
Azure Power Issues Dollar Green Bond of $414 Million

Azure Power Issues Dollar Green Bond of $414 Million

Independent power producer Azure Power Global, through its 100% subsidiary Azure Power Energy, announced the issuance of a dollar green bond of $414 million. The bonds will have a tenor ...
/ / Finance and M&A, Solar
Renewable Energy Installations Reach 100 GW Milestone in India

Renewable Energy Installations Reach 100 GW Milestone in India

The Ministry of New and Renewable Energy has announced that the country’s installed renewable energy capacity has crossed the 100 GW milestone. This excludes large hydropower projects. The installed renewable ...
/ / Other, Renewable Energy
AI-Based Electric Mobility Platform MetroRide Raises Seed Funding from Angel Investors

AI-Based Electric Mobility Platform MetroRide Raises Seed Funding from Angel Investors

Artificial intelligence (AI)-based electric mobility platform MetroRide has received seed funding from angel investors in Silicon Valley, New Jersey, and India. Some notable angel investors who participated in the funding ...
/ / Finance and M&A, Other
Daily News Wrap-Up: EESL to Receive ₹4.25 billion in Equity Investment from Power Grid

Daily News Wrap-Up: EESL to Receive ₹4.25 Billion in Equity Investment from Power Grid

Here are some noteworthy cleantech announcements of the day from around the world: Power Grid Corporation of India (PGCIL) has decided to increase its shareholding in Energy Efficiency Services Limited ...
/ / Other, Renewable Energy
Reforms Imperative to Address DISCOM Woes NITI Aayog, RMI Report

Reforms Imperative to Address DISCOM Woes: NITI Aayog, RMI Report

DISCOM privatization is seen as a crucial way out of their financial mess. NITI Aayog, in collaboration with Rocky Mountain Institute (RMI), has released a report reviewing the reform efforts ...
/ / Grid, Market & Policy
Daily News Wrap-Up: AGL Energy to Install 250 MWh Grid-Scale Battery in South Australia

Daily News Wrap-Up: AGL Energy to Install 250 MWh Grid-Scale Battery in South Australia

Here are some noteworthy cleantech announcements of the day from around the world: Australia-based energy company AGL Energy has announced an investment of $180 million to construct a 250 MWh ...
/ / Other, Renewable Energy