Author Archives: Harsh Shukla
About Harsh Shukla
Harsh is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune. More articles from Harsh Shukla.
NHPC Floats EPC Tender for a 600 MW ISTS Solar Project in Rajasthan
NHPC has invited bids from engineering, procurement, and construction (EPC) contractors for a 600 MW interstate transmission system (ISTS)-connected solar photovoltaic project and associated power transmission lines. The project will be ...
Corporate Funding for Solar Surges by 193% Globally in 1H 2021
Global corporate funding in the solar sector, including venture capital (VC) funding, debt and public market financing, stood at $13.5 billion in the first half (1H) of 2021, a 193% ...
IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030
Global hydropower capacity is expected to increase by 17%, or 230 GW, in the upcoming decade, the International Energy Agency (IEA) said in a recent report. In 2020, hydropower was ...
Renewable Technology Company Heliogen to Go Public in a $2 Billion SPAC Deal
Heliogen, a California-based renewable technology company, has signed an agreement for a business combination with Athena Technology Acquisition Corp, a special purpose acquisition company (SPAC), resulting in Heliogen becoming a publicly ...
Peak Power Demand in India Exceeds 200 GW for the First Time
Peak power demand reached an all-time high of over 200 GW on July 7, 2021, said R.K. Singh, Union Power Minister, on Twitter. It surpassed the previous all-time high of ...
IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021
The Indian Energy Exchange (IEX) traded 412 MU of green energy in June 2021 due to the ongoing wind season. This is a 15% increase compared to 357 MU traded in May ...
Regulator Approves Tariff of ₹7.45/kWh for a Waste-to-Energy Project in Maharashtra
The Maharashtra State Electricity Regulatory Commission (MERC) has set a revised tariff of ₹7.45(~$0.10)/kWh to procure power from the waste-to-energy project based on a municipal solid waste processing unit (750 ...
No New Coal-Fired Projects for Tata Power as it Aims for Carbon Neutrality by 2050
Indian power utility Tata Power aims to phase out its coal-based capacity and enhance its clean and green capacity to around 80% by 2030 from its current green portfolio of 31% ...
Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure
The Ministry of Power (MoP) has provided an option for distribution licensees (DISCOMs) to continue or exit from power purchase agreements (PPAs) for projects that have completed 25 years of ...
Mahindra & Mahindra to Buy Solar from ReNew Power’s 43 MW Open Access Project
Mahindra & Mahindra has announced that it has signed a power purchase agreement with ReNew Sunlight Energy, a subsidiary of ReNew Green Energy Solutions to procure solar power from its ...
Fraunhofer ISE Sets 68.9% Efficiency Record for Photovoltaic Cell Under Laser Light
At the 48th IEEE Photovoltaic Specialists Conference, researchers from Germany’s Fraunhofer Institute for Solar Energy System (ISE) demonstrated how they have obtained a record conversion efficiency of 68.9% with a photovoltaic ...
Lumea Invites EoI to Develop 300 MW Battery Storage System in Australia
Lumea, a commercial arm of TransGrid, has issued an expression of interest (EoI) to develop a 300 MW grid-scale battery storage system in Victoria, Australia. The company plans to develop ...
Masdar Wins the Bid to Develop a 200 MW Solar Project in Armenia
Masdar, an Abu-Dhabi-based renewable energy company, won the bid to develop a 200 MW solar project in Armenia. The company had reportedly submitted the lowest bid of $0.029/kWh in a ...
Four Union Territories and Goa Fail to Comply with Renewable Purchase Obligations
The Joint Electricity Regulatory Commission (JERC) has reviewed renewable purchase obligation (RPO) targets for 2020-21 based on the submitted data from the regions of its jurisdiction. According to the Commission's ...
A 1 kW Residential Rooftop Solar System With Subsidy to Cost ₹31,200 in Andhra
Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) has discovered the lowest bid of ₹50,000 (~$673)/kW for residential rooftop solar systems of up to 1 kW under the capital expenditure ...
Azure Power Secures $163 Million Debt Funding for its Solar Project from MUFG
Mitsubishi UFJ Financial Group (MUFG) has announced the completion of a five-year syndicated financing deal of $163 million for Azure Power's 300 MW solar project. The project is being developed in ...
Battery Management Company ION Energy Raises $3.6 Million
ION Energy, an advanced battery management solutions provider for e-mobility and energy storage applications has announced that it has raised $3.6 million in Pre-Series A funding. The funding was raised ...
Suzlon Energy Logs ₹32.95 Billion Revenue in FY 2021, Over 12% Jump YoY
Wind turbine manufacturer Suzlon Energy Limited has announced a 12.34% jump in its net revenue in the financial year (FY) 2021. The company’s net revenue stood at ₹32.95 billion (~$443 million) ...
Researchers Develop Efficient and Non-Toxic Tin Monosulfide Solar Cell
A team of researchers at the Tohoku University, Japan, have claimed that they have created an efficient tin monosulfide (SnS) solar cell that can help promote affordable and clean energy ...
Startups Expand Their Footprint in India’s EV Market: Interview
The electric vehicle (EV) sector in India expects high growth in the current year on the back of robust funding received by EV companies in 2020. Companies believe that demand ...
Daily News Wrap-Up: ReNew Power Commissions a 300 MW Wind Project in Gujarat
Here are some noteworthy cleantech announcements of the day from around the world: ReNew Power has commissioned a 300 MW of wind power project in Kutch, Gujarat. The project was ...
Australia Added 2.8 GW of Rooftop Solar Capacity in 2020
Australia installed 2.8 GW of rooftop solar capacity in 2020, a 33% increase compared to 2.1 GW in 2019, according to data released by the country’s Clean Energy Regulator (CER) ...
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020
Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020
Meyer Burger, a Switzerland-based engineering company, has unveiled its plans to enter the U.S. solar market, intending to start solar cell sales in the second half of 2021. In June, ...
Post IPO, ReNew Power Plans Over 18 GW of Renewables by 2025
ReNew Power, an India-based independent power producer, has plans to build a pipeline of around 18-19 GW of renewable capacity by the end of the financial year (FY) 2025, Sumant ...
