Author Archives: Gourav Mishra

About Gourav Mishra

Gourav, Staff reporter at Mercom India More articles from Gourav.
Gourav is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master's in journalism from Jain University, Bengaluru. More articles from Gourav Mishra

gourav@mercomindia.com

@mishra_2202

Hy24 Closes €2 Billion Fund to Scale Proven Clean Hydrogen Technologies

Hy24 Closes €2 Billion Fund to Scale Proven Clean Hydrogen Technologies

Hy24, a joint venture between clean hydrogen (H2)-enabling investment company FiveT Hydrogen and global private-investment house Ardian, announced the closing of its first impact fund — Clean H2 Infra Fund ...
/ / Other, Renewable Energy
Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

E-commerce conglomerate Amazon plans to invest over €1 billion (~$973 million) until 2027 to further electrify and decarbonize its transportation network across Europe. The investment will involve delivering packages to ...
ClimateRock, EEW Form New Entity to Operate Solar Projects in Europe, UK, and Australia

ClimateRock, EEW Form New Entity to Operate Solar Projects in Europe, UK, and Australia

ClimateRock, a special purpose acquisition (SPAC) and investment firm, and Eco Energy World (EEW), an independent global developer of utility-scale solar photovoltaic (PV) projects, announced the signing of a definitive ...
/ / Finance and M&A, Solar
Fortescue and Tree Energy to Develop Green Hydrogen Integrated Project in Europe

Fortescue and Tree Energy to Develop Green Hydrogen Integrated Project in Europe

Global green energy company Fortescue Future Industries and green hydrogen (H2) company Tree Energy Solutions (TES) will jointly develop what is claimed to be the world’s largest green hydrogen integrated ...
/ / Other, Renewable Energy
217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

The world will require over 217,000 solar mini grids at a cumulative cost of $127 billion by 2030 to provide power to half a billion people globally, a report by ...
Machine Learning Algorithm Developed to Study EV Battery Charging Time, Performance

Machine Learning Algorithm Developed to Study EV Battery Charging Time, Performance

Researchers from the University of Cambridge in the United Kingdom claimed to have developed a machine learning (ML) algorithm that can help reduce the charging times of batteries used in ...
EoI Issued to Empanel Lending Institutions for Financing EVs Across India

EoI Issued to Empanel Lending Institutions for Financing EVs Across India

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has issued an expression of interest (EoI) to empanel financial institutions to finance electric vehicles ...
/ / Electric Vehicles, Grid
Implementation of Revisions to EV Battery Testing Standards Postponed

Implementation of Revisions to EV Battery Testing Standards Postponed

The Ministry of Road Transport and Highways (MoRTH) has extended the implementation of amendments to Electric Vehicle (EV) battery testing standards from October 1, 2022, to December 2022 and March ...
Amazon Adds 2.7 GW of New Renewable Energy Capacity Across 71 Projects

Amazon Adds 2.7 GW of New Renewable Energy Capacity Across 71 Projects

E-commerce conglomerate Amazon has announced the expansion of its renewable energy portfolio globally, with 2.7 GW of clean energy capacity across 71 new renewable projects, including its first solar farms ...
/ / Other, Renewable Energy
Hertz and bp to Develop Network of EV Charging Stations in North America

Hertz and bp to Develop Network of EV Charging Stations in North America

The Hertz Corporation, a subsidiary of American car rental company Hertz Global Holdings, and global energy business conglomerate bp, inked a memorandum of understanding to develop a national network of ...
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
Flux Power’s Revenue Up by 61% YoY to $42.3 Million in FY 2022 as Sales Volumes Surge

Flux Power’s Revenue Up by 61% YoY to $42.3 Million in FY 2022 as Sales Volumes Surge

Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, recorded a 61% year-over-year (YoY) growth in revenue on the back of shipments of $42.3 million for the fiscal year (FY) ...
16 Countries Pledge $94 Billion for Renewable Demonstration Projects Globally

16 Countries Pledge $94 Billion for Renewable Demonstration Projects Globally

Sixteen countries committed $94 billion for clean energy demonstration projects globally at the first-ever Global Clean Energy Action Forum in Pittsburgh. The commitments are in response to U.S. President Joe ...
/ / Other, Renewable Energy
Solar Plus Energy Storage Gains Market Share in Residential Installations in the US

Solar Plus Energy Storage Gains Market Share in Residential Installations in the US

The median installed prices of solar photovoltaic (PV) systems across most U.S. states dropped year-over-year (YoY), with the residential segment recording average annual declines of up to $0.2/W per year ...
/ / Markets & Policy, Solar
Europe’s IPCEI Project to Get €5.2 Billion Funding to Develop Hydrogen Value Chain

Europe’s IPCEI Project to Get €5.2 Billion Funding to Develop Hydrogen Value Chain

The European Commission has approved the second phase of the Important Project of Common European Interest (IPCEI) to support research, innovation, and the first industrial deployment of the hydrogen technology ...
/ / Other, Renewable Energy
Uttar Pradesh DISCOM to Tender 10 MW40 MWh Battery Energy Storage Project

Uttar Pradesh DISCOM to Tender 10 MW/40 MWh Battery Energy Storage Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a request by the Uttar Pradesh Power Corporation (UPPCL) to issue a tender to install five battery energy storage systems (BESS) ...
Bids Invited to Set Up 47 Solar EV Charging Stations in Indore

Bids Invited to Set Up 47 Solar EV Charging Stations in Indore

Atal Indore City Transport Service (AICTSL), a special purpose vehicle operating the city’s public transport, has invited bids to select an agency for establishing, operating, and maintaining (O&M) 47 solar ...
Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

The draft Punjab Electric Vehicle Policy 2022 has targeted 25% of annual vehicle registrations to be electric vehicles (EVs) by 2027. The draft policy issued by the Punjab Department of ...
EESL Invites Bids for 24 MW of Polycrystalline Modules in Maharashtra

EESL Invites Bids for 24 MW of Polycrystalline Modules in Maharashtra

The Energy Efficiency Services Limited (EESL) has issued a notice inviting tender (NIT) from contractors to supply 24 MW of solar polycrystalline  modules (330W and above) for its decentralized grid-connected ...
/ / Solar, Tenders & Auctions
REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC Limited, a public infrastructure finance company under the Ministry of Power, is being considered to be given the status of a development financial institution (DFI) to steer global climate ...
Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

UPL, a company providing solutions for sustainable agriculture, announced a joint venture (JV) with Mumbai-based renewable energy company CleanMax Enviro Energy Solutions (CleanMax) to establish a 61.05 MW wind-solar hybrid ...
/ / Other, Renewable Energy
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

EV Charging Infrastructure Company TeraWatt Raises $1 Billion

California-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by Vision ...
Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Indian solar monitoring and analytics platform Prescinto Technologies has raised $6.5 million in financing and forayed into the U.S. market. The company is partnering with a major international energy storage ...
Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu, a Bengaluru-based shared electric mobility-as-a-service (MaaS) and battery-as-a-service (BaaS) provider, has secured equity funding of ₹6.5 billion ($82 million) in a Series-B funding round led by U.S.-based mobility technology ...
/ / Electric Vehicles, Grid
NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC, a joint venture between the Government of Madhya Pradesh and NHPC, has issued a notice inviting tender (NIT) for the engineering, procurement, and construction (EPC) of an 8 MW ...
/ / Solar, Tenders & Auctions