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.

harsh@mercomindia.com

@h77shukla

Project Finance Brief_ Kruger Energy Sells a 523 MW Solar Project Portfolio to Ecoplexus

Project Finance Brief: Kruger Energy Sells a 523 MW Solar Project Portfolio to Ecoplexus

Here are some of the important project finance deals from the global renewable energy industry over the past week: Saudi Arabia's ACWA Power, a developer, owner, and operator of power ...
/ / Finance and M&A, Other
Month in a Minute_ Top Headlines from India’s Renewable Sector in August 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in August 2020

August saw the India renewable sector trying to come to terms with the new normal in the COVID-19 world. Here is a recap of the month’s most important headlines: Mercom ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Daily News Wrap-Up: Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Here are some noteworthy cleantech announcements of the day from around the world: Azelio, a Sweden-based energy storage company, announced that it signed a Memorandum of Understanding (MoU) with Atria ...
/ / Other, Renewable Energy
Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow, a solar inverter manufacturer, reported that its revenue increased by 55.57% year-over-year (YoY). In the first half (1H) of the financial year (FY) 2020-21, its revenue inched up to ...
/ / Markets & Policy, Solar
Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030_ Report

Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030: Report

Global investments in the renewable energy sector are expected to rise to $3.4 trillion by 2030, including an estimated investment of $2.72 trillion in solar and wind energy sectors, according ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Daily News Wrap-Up: Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Here are some noteworthy cleantech announcements of the day from around the world: WAAREE Energies Limited, a Mumbai-based solar panel manufacturer, said it received an order worth $105 million to ...
/ / Other, Renewable Energy
EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen

EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen Batteries

EnerVenue, a U.S.-based renewable storage battery manufacturer, announced that it secured $12 million in seed funding on its launch. The Chairman of Towngas, Peter Lee, led the seed funding round ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Google Signs PPA for a 140 MW Solar Project

Daily News Wrap-Up: Google Signs PPA for a 140 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Candela Renewable, a U.S.-based utility-scale solar project developer, signed a power purchase agreement (PPA) with Google for ...
/ / Other, Renewable Energy
No Hike in Delhi’s Power Tariff for FY 2020-21 Due to COVID-19 Disruptions

No Hike in Delhi’s Power Tariff for FY 2020-21 Due to COVID-19 Disruptions

The Delhi Electricity Regulatory Commission (DERC) has announced that it would not raise the electricity tariffs for the financial year (FY) 2020-21 due to the COVID-19 outbreak. In its press ...
/ / Grid, Market & Policy
Daily News Wrap-Up_ Hitachi ABB to Provide its New Technology for Substations in the Gulf

Daily News Wrap-Up: Hitachi ABB to Provide its New Technology for Substations in the Gulf

Here are some noteworthy cleantech announcements of the day from around the world: SP Group, Singapore-based electricity and gas distribution company, signed an agreement with the Sino-Singapore Guangzhou Knowledge City ...
/ / Other, Renewable Energy
R K Singh Proposes Round-the-Clock Renewable Energy to fulfill RPO

R K Singh Proposes Round-the-Clock Renewable Energy to fulfill RPO

The Union Minister of Power and New & Renewable Energy, R.K. Singh, recently launched the website and telephone directory of the Association of Renewable Energy Agencies of States (AREAS). AREAS ...
/ / Other, Renewable Energy
Swiss Parachutist Completes World’s First Skydive from a Solar-Powered Plane

Swiss Parachutist Completes World’s First Skydive from a Solar-Powered Plane

SolarStratos, a Switzerland-based technology firm, announced that its founder Raphael Domjan completed the first-ever skydive from a solar-powered plane over Payerne, Switzerland. According to the press statement, Raphael Domjan jumped ...
/ / Solar, Technology
Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Here are some noteworthy cleantech news and announcements of the day from around the world: SunPower and Maxeon Solar Technologies announced that they have completed the strategic transaction, announced last ...
/ / Other, Renewable Energy
First Solar Offers First-of-its-kind Grid Balancing Services With a 141 MW Solar Project

First Solar Offers First-of-its-kind Grid Balancing Services With a 141 MW Solar Project

First Solar, a U.S.-based solar panel manufacturer, announced that its 141 MW Luz del Norte solar photovoltaic (PV) project in Chile secured a license to supply ancillary grid services on ...
/ / Solar, Utility Scale
Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Loanpal, a U.S.-based financial technology company, announced that in residential solar loans on the Loanpal platform. According to the press release, Blackstone, a U.S.-based global investment firm, will invest through ...
/ / Finance and M&A, Solar
Researchers Identify the Source of Impurity in Crystalline Silicon Solar Cell

Researchers Identify the Source of Impurity in Crystalline Silicon Solar Cell

Researchers at the Fraunhofer Institute for Integrated Systems and Device Technology (Fraunhofer IISB) have claimed that they have identified how impurities are formed in silicon crystals during their manufacturing process ...
/ / Solar, Technology
Daily News Wrap-Up_ Visaka Industries Acquires Patents for Integrated Solar Roof

Daily News Wrap-Up: Visaka Industries Acquires Patents for Integrated Solar Roof

Here are some noteworthy cleantech news and announcements of the day from around the world: Visaka Industries, an Indian cement roofing sheet manufacturer, announced that it had acquired patent rights ...
/ / Other, Renewable Energy
Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

NTPC Limited announced that its wholly-owned subsidiary NTPC Vidhyut Vihar Nigam Limited (NVVN) signed a Memorandum of Understanding (MoU) with Greenko Energies Private Limited to explore opportunities to supply round-the-clock ...
/ / Other, Renewable Energy
Punjab Power Corporation Floats Tender to Install Smart Meters in Ludhiana

Punjab Power Corporation Floats Tender to Install Smart Meters in Ludhiana

The Punjab State Power Corporation Limited (PSPCL) has issued a tender for installing smart meters, advanced metering infrastructure (AMI) systems, and communication infrastructure with a network platform in Ludhiana. Interested ...
/ / Grid, Smart Grid
Daily News Wrap-Up_ Ola Electric Invests in EV Company, JA Solar supplies 133 MW of modules

Daily News Wrap-Up: Ola Electric’s Co-Founder Invests in EV Company

Here are some noteworthy cleantech news and announcements of the day from around the world: EVage, an Indian mobility tech company, announced that it raised strategic investment through the funding ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Flipkart Joins Climate Group’s Electric Mobility Initiative EV100

Daily News Wrap-Up: Flipkart Joins Climate Group’s Electric Mobility Initiative EV100

Here are some noteworthy cleantech news and announcements of the day from around the world: The technical commission delegated by the Ministry of Energy and Non-Renewable Energy Resources of Ecuador ...
/ / Other, Renewable Energy
Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

Ministry of Power Wants Late Payment Surcharge for DISCOMs to be Kept Below 12%

The Ministry of Power (MoP) has suggested that the power generation and transmission companies should reduce the late payment surcharge (LPS) up to 12% annually for distribution companies (DISCOMs). This ...
/ / Grid, Utilities
Daily News Wrap-Up_ Amplus First to Trades on Green Term-Ahead Market

Daily News Wrap-Up: Amplus First to Trade on Green Term-Ahead Market

Here are some noteworthy cleantech news and announcements of the day from around the world: Amplus Solar said that it became the first solar generator to trade solar electricity on ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Trina Solar to Expand Capacity, KPI Global Signs PPA

Daily News Wrap-Up: Trina Solar to Expand Capacity, KPI Global Signs PPA

Here are some noteworthy cleantech news and announcements of the day from around the world: Trina Solar announced that it had signed an investment co-operation agreement with the management committee ...
/ / Other, Renewable Energy
DBS Bank Loans $29 Million To Sembcorp for a 60 MW Floating Solar Project

DBS Bank Loans $29 Million to Sembcorp for a 60 MW Floating Solar Project

Singapore-based DBS Bank announced that it had provided a 40 million Singapore Dollar (~$29.29 million) loan to Sembcorp Industries to build one of the world’s largest floating solar photovoltaic (PV) ...
/ / Floating Solar, Solar