Author Archives: B.S. Nagaraj
About B.S. Nagaraj
B.S. Nagaraj, Senior Editor at Mercom India
More articles from B.S. Nagaraj.
B.S. Nagaraj is a Senior Editor at Mercom India. Nagaraj is an experienced journalist and has held senior roles in publications like The Indian Express and Deccan Herald, and Qatar Tribune. He has also worked for business advisory and risk management consulting firms in New Delhi.
More articles from B.S. Nagaraj.
Market Regulator Issues Disclosure Norms for Issuing Green Debt Securities
Corporate entities will have to outline the process followed to determine how projects and assets fit within the eligible green project categories for issuing and listing debt securities. The Securities ...
Indore Municipal Corporation to Raise ₹2.45 Billion Through Green Bonds
In probably a first for an urban local body, the Indore Municipal Corporation is floating a green bond on February 10, 2023, to raise ₹2.45 billion (~$29.5 million ) for ...
China Contemplates Restricting Exports of Critical Solar Technology
In a move that could significantly hamper the energy transition goals globally, China is contemplating restricting exports of critical technology related to solar photovoltaic components. The proposal was open to ...
US Lawmakers Seek Repeal of Duty Waiver on Solar Panels from Southeast Asia
Seven months after President Joe Biden announced a two-year duty exemption on solar modules and cells imported from four Southeast Asian countries, a bipartisan group of Congressmen is seeking to ...
OPEC Fund Mobilizes $1 Billion with Sustainable Development Goal Bond
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Austria, has raised $1 billion in its first-ever benchmark bond issue in global capital markets. The OPEC ...
RBI to Auction First Tranche of Green Bonds Worth ₹80 Billion on January 25
The government has announced the sale of sovereign green bonds (SBG) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25. The ...
Norway’s Wealth Fund to Buy 49% Stake in Iberdrola’s Solar, Wind Projects
Norway’s sovereign wealth fund Norges Bank Investment Management has signed an agreement to acquire a 49% stake in Iberdrola’s upcoming renewable energy portfolio comprising nearly 1.3 GW of solar and ...
Supreme Court to Assess Progress in Great Indian Bustard Case This Week
The Supreme Court is likely to apprise itself of the status of the installation of bird flight diverters atop power transmission in the habitat of the endangered Great Indian Bustard ...
America’s IRA Rankles Europe but a Full-scale Green Trade War Unlikely
The game-changing Inflation Reduction Act (IRA), with a whopping $369 billion in funding for clean energy provisions signed by U.S. President Joe Biden last August, continues to rankle Europe and ...
Evaluation Agency Fears India’s Green Bonds Could Indirectly Support Coal Firms
The framework for India’s ₹160 billion (~$1.9 billion)-sovereign green bonds (SBG) proposal has been rated ‘Good’ on the governance score by the government-appointed agency CICERO Shades of Green. But it ...
EV Charging Stations on Highways to be Powered by Solar
The National Highways Authority of India (NHAI) has proposed to power electric vehicle (EV) charging stations along highways with solar energy wherever feasible, the Ministry of Road Transport and Highways ...
Panel Wants Dedicated Agencies in States to Enforce Efficient Energy Use
A parliamentary committee has asked the Ministry of Power (MoP) to ensure that all states set up standalone State Designated Agencies (SDA) to facilitate and enforce the efficient use of ...
Government Mulls Mandating Use of ‘Green Steel’ in Public Sector Projects
The Government of India is considering mandating the use of ‘green steel’ in government projects with the goal of decarbonizing one of the most hard-to-abate sectors, Steel Minister Jyotiraditya Scindia ...
Inverter Company SolarEdge’s Revenue Up 19% in Q1 2022 to $655 Million
SolarEdge, an Israel-based manufacturer of solar inverters, power optimizers, and monitoring systems, reported a revenue of $655.1 million in the first quarter (Q1) of 2022, an increase of 19% from ...
Peak Power Demand Touches All-Time High of 201 GW
The all-India peak power demand touched an all-time high of 201.066 GW on April 26, 2022, surpassing the peak power demand of 200.539 GW met on July 7, 2021. According ...
BlackRock, Mubadala to Invest ₹40 billion in Tata Power’s Renewables Arm for a 10% Stake
Tata Power and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement to invest in Tata Power’s green subsidiary, Tata Power Renewable Energy Limited. BlackRock ...
Solar Module Prices to Remain High Until Second Half of 2021: Chinese Manufacturers
Two leading Chinese manufacturers have said that the spiraling prices of raw materials like glass, polysilicon, and silver since the second half of 2020 have led to a sharp increase ...
Backward Integration Vital to Build Manufacturing Capacity in Indian Solar Sector
Supply chain constraints and the consequent increase in solar cell and module prices could continue to plague the solar industry in India for the next three to four quarters. At ...
