Author Archives: Gautamee Hazarika

About Gautamee Hazarika

Gautamee, Staff reporter at Mercom India More articles from Gautamee.
Gautamee is a staff reporter at Mercom India. Prior to Mercom, Gautamee was working as a multimedia news journalist at ThePrint in New Delhi. She has received her Bachelors in English Honors and Masters in English Literature from St.Stephen's College, University of Delhi.More articles from Gautamee

gautamee@mercomindia.com

@gautameeh_

Larsen & Toubro Secures $107 Million Sustainability-Linked Loan from Sumitomo

Larsen & Toubro Secures $107 Million Sustainability-Linked Loan from Sumitomo

Mumbai-based multinational conglomerate Larsen & Toubro (L&T) said it has closed a three-year $107 million sustainability-linked loan (SLL) from Sumitomo Mitsui Banking Corporation (SMBC). The company said the loan underscores ...
AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take the company’s cumulative ...
Madhya Pradesh Regulator Approves Tariff for 278 MW Floating Solar Project

Madhya Pradesh Regulator Approves Tariff for 278 MW Floating Solar Project

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has allowed the M.P. Power Management Company (MPPMCL) to procure 278 MW of power from phase-I of the floating solar project at Omkareshwar ...
Carbon Capture Key to Sustainable Development and Growth in India: NITI Aayog

Carbon Capture Key to Sustainable Development and Growth in India: NITI Aayog

Government think-tank NITI Aayog’s latest study finds that carbon capture utilization and storage (CCUS) is key to ensuring sustainable development and growth in India, particularly for producing clean energy. CCUS ...
/ / Other, Renewable Energy
Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Edinburgh-based storage startup Gravitricity has secured £194,000 ($233,174) from the United Kingdom government to find demonstration sites in India suitable for their gravity energy storage technology. The project aims to ...
/ / Other, Renewable Energy
Shell Buys Renewable Natural Gas Producer Nature Energy for $2 Billion

Shell Buys Renewable Natural Gas Producer Nature Energy for $2 Billion

Shell Petroleum, a wholly owned subsidiary of Shell plc, said it would acquire Denmark-based biogas producer Nature Energy for nearly $2 billion as it seeks to boost its low-carbon business ...
/ / Other, Renewable Energy
Researchers Claim Water Treatment Raises Organic Solar Cell Efficiency

Researchers Claim Water Treatment Raises Organic Solar Cell Efficiency

A team of researchers from the Gwangju Institute of Science and Technology (GIST), South Korea has claimed that using a certain amount of deionized (DI) water prevents the aggregation of ...
/ / Solar, Technology
EU to Speed Up Permissions and Deployment of Renewable Projects

EU to Speed Up Permissions and Deployment of Renewable Projects

The European Union energy ministers have agreed on a temporary framework, valid for 18 months, to accelerate the permit-granting process and the deployment of renewable energy projects. The European Council ...
/ / Other, Renewable Energy
Transitioning to Green Energy Can Result in Significant Carbon Emissions: Study

Study Says Faster Renewable Adoption Can Cut Emissions by Half

A new study by Columbia University reveals that building the infrastructure for cleaner energy generation will by itself create carbon emissions. A huge chunk of the energy required for the ...
/ / Other, Renewable Energy
Australia can potentially Cut Alumina Refining Emissions by 98%

Australia Can Potentially Cut Alumina Refining Emissions by 98%

A new report commissioned by the Australian Renewable Energy Agency (ARENA) with inputs from the continent’s three alumina producers has identified four key decarbonization technologies that can potentially eliminate alumina ...
/ / Other, Renewable Energy
Ontario Teachers’ to Invest $805 Million for Acquiring 2 GW Renewable Portfolio

Ontario Teachers’ to Invest $805 Million for Acquiring 2 GW Renewable Portfolio

Ontario Teachers’ Pension Plan (OTPP) Board will invest close to $805 million in a convertible equity portfolio financing with NextEra Energy Partners to help it acquire a nearly 2 GW ...
India Among the Top Five Best Performers on Climate Change Index

India Among the Top Five Performers on Climate Change Index

India has been ranked among the top five countries and the best among the G-20 nations under the global Climate Change Performance Index (CCPI). The government said in a statement ...
/ / Other, Renewable Energy
Transition VC Launches ₹4 Billion Fund to Support Cleantech Startups

Transition VC Launches ₹4 Billion Fund to Support Cleantech Startups

India's first energy transition-focused venture capital firm, Transition VC,  has launched a fund with a target corpus of ₹4 billion ($48.9 million), which includes a greenshoe option of ₹2 billion ...
/ / Finance and M&A, Other
Researchers Claim 21% and Higher Efficiency in Perovskite-CIGS Tandem Cells

Researchers Claim 21% and Higher Efficiency in Perovskite-CIGS Tandem Cells

A team of researchers from the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) in Stuttgart, Germany, has combined perovskite with copper indium gallium selenide (CIGS) to build a tandem ...
/ / Solar, Technology
Punjab to Install 300 MW of Canal Top and Floating Solar Projects

Punjab to Install 300 MW of Canal Top and Floating Solar Projects

The Punjab government said it will install 300 MW of solar power capacity which will be split into  200 MW of canal top and 100 MW of floating solar projects ...
/ / Floating Solar, Solar
India to Invest ₹2.8 Trillion in Transmission Network to Evacuate Renewable Energy

India to Invest ₹2.8 Trillion in Transmission Network to Evacuate Renewable Energy

India plans to invest ₹2.8 trillion ($34.2 billion) by 2030 in setting up an interstate transmission network (ISTS) to evacuate renewable energy, said K Sreekant, Chairman and Managing Director of ...
/ / Other, Renewable Energy
Over 10 Million Electric Vehicles Likely to be Sold Globally in 2022, up 60% YoY: BNEF

Over 10 Million Electric Vehicles Likely to be Sold Globally in 2022, up 60% YoY: BNEF

As the adoption of zero-emission vehicles (ZEV) accelerated this year across markets and vehicles, it is estimated that 60% more electric passenger vehicles, totaling 10.6 million, will be sold globally ...
/ / Other, Renewable Energy
India Aims to Raise Green Energy Use of Vital Ports to 60% from 10% Now

India to Boost Green Energy Use in Major Ports to 60% from the Current 10%

The newly launched National Center of Excellence for Green Port and Shipping (NCoEGPS) will help vital ports in the country source as much as 60% of their energy demand from ...
/ / Other, Renewable Energy
Researchers Claim Perovskite Tandem Solar Cell Shows 27.4% Efficiency

Researchers Claim Perovskite Tandem Solar Cell Shows 27.4% Efficiency

A team of researchers from Northwestern University, the University of Toronto, and the University of Toledo claim to have developed an all-perovskite tandem solar cell with a conversion efficiency of ...
/ / Solar, Technology
KIT Researchers Develop Methods to Secure Maximum Yield from Large Solar Projects

KIT Researchers Develop Methods to Secure Maximum Yield from Large Solar Projects

The Karlsruhe Institute of Technology (KIT) has developed a method to reduce yield losses from large solar photovoltaic ground-mounted systems with the help of innovative circuits, new types of power ...
/ / Solar, Technology
Battery Storage System Costs High, But ROI Remains Attractive: Mercom Webinar

Battery Storage System Costs High, But ROI Remains Attractive: Mercom Webinar

The steep upfront investment required for lithium-ion battery storage systems is the major impediment in their large-scale deployment with solar projects even though the return on investment (ROI) is attractive, ...
EU, Partner Countries Mobilize $20 Billion to Help Indonesia’s Clean Energy Transition

EU, Partner Countries Mobilize $20 Billion to Help Indonesia’s Clean Energy Transition

The European Commission and international partners launched a Just Energy Transition Partnership (JETP) with Indonesia, under which they will help deploy $20 billion for the country to move away from ...
/ / Other, Renewable Energy
First Solar to Build its Fourth Manufacturing Facility Worth $1 Billion in the US

First Solar to Build its Fourth Manufacturing Facility in the US Investing Over $1 Billion

U.S.-based solar module manufacturer First Solar announced it has selected Lawrence County, Alabama, to build its fourth solar photovoltaic module manufacturing facility in the U.S. The facility is expected to ...
/ / Other, Renewable Energy
Soltec Power Swings to €14.5 Million Profit in Q3 on Better Demand

Soltec Power Swings to €14.5 Million Profit in Q3 on Better Demand

Solar tracker maker Soltec Power Holdings swung to a net profit of €14.5 million ($15.1 million) in the third quarter (Q3) of FY 2022, against a loss of €0.1 million ...
/ / Finance and M&A, Solar
India Announces Long-Term Low-Carbon Development Strategy at COP27

India Announces Long-Term Low-Carbon Development Strategy at COP27

At the UN Climate Change Conference (COP27) in Egypt, India unveiled a multi-pronged strategy to achieve low-carbon growth, which includes expanding and stabilizing the renewable electricity grid, phasing down coal, ...
/ / Other, Renewable Energy
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