Author Archives: Rahul Nair
About Rahul Nair
Rahul is a staff reporter at Mercom India. Before entering the world of renewables, Rahul was head of the Gujarat bureau for The Quint. He has also worked for DNA Ahmedabad and Ahmedabad Mirror. Hailing from a banking and finance background, Rahul has also worked for JP Morgan Chase and State Bank of India. More articles from Rahul Nair.
Mahindra Renewables Terminates Sale of its Subsidiary to CLP India
Mahindra Renewables Private Limited (MRPL) has terminated the sale of its subsidiary Neo Solren Private Limited (NSPL) to Gujarat-based CLP India Private limited (CLP India). MRPL is a part of ...
NLC India: Central Public Sector Unit With Largest Capacity of Solar Installed
The Neyveli Lignite Corporation (NLC) submitted its annual report for 2019-20, which said that it commissioned 1,421 MW of renewable projects in 2019-20. With the commissioning of the entire 709 ...
COVID-19 Relief: Delhi Reduces Fixed Power Charges for C&I Consumers by 50%
In a huge respite for the electricity consumers in the national capital, the Delhi Electricity Regulatory Commission (DERC) has reduced fixed charges by 50% for industrial and non-domestic consumers. The ...
Strong Performance of Solar Assets Takes Adani Green’s Revenue Up by 10% YoY
Adani Green Energy Limited (AGEL) declared its financial results for the first quarter of the financial year 2020-2021. Despite COVID, The company’s revenue and ‘earnings before interest taxes depreciation amortization’ ...
Australian Researchers Create Green Hydrogen from Solar Energy and Air
A research team from Newcastle University in New South Wales, Australia, has devised a system that uses solar power to conduct electrolysis on water harvested from air to create hydrogen, ...
Lightsource bp Starts Construction on Pollinator-Friendly Solar Farm in the US
US-based solar developer, Lightsource bp, mobilized construction on its Wildflower Solar project in Sacramento, California, after closing a $20 million financing package. The project at Rio Linda in Sacramento will ...
In 1H 2020, China, the US, Germany, and India Installed 22.3 GW of Solar
The United States solar installed 3.5 GW of new solar PV capacity in the second quarter (Q2) of 2020, according to the Solar Energy Industry Association (SEIA). The installations dropped ...
BayWa r.e. Acquires Sacramento-Based Solar Developer Enable Energy
Renewable energy developer BayWa r.e. announced that it acquired Enable Energy Inc. Enable Energy is a U.S.-based commercial and industrial solar and energy storage solutions provider. The acquisition represents the ...
Solar Developers in Andhra Are Facing Risk of Loan Recall: FICCI to MNRE
In a letter addressed to the Secretary of the Ministry of New and Renewable Energy (MNRE), the Chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI), urged ...
960 Railway Stations Equipped with Solar to Meet Power Demand
The Indian Railways announced that 960 railways stations have solar installations in place to meet their power requirements. These solar systems are part of the Railways’ endeavor to expand the ...
China’s Solar Installations to Reach 28-34 GW in 2020: AECEA
China’s solar photovoltaic (PV) power generation capacity in the first half of 2020 was relatively flat for several reasons. The latest report by the Asia Europe Clean Energy (Solar) Advisory ...
Two Indian Institutes to Collaborate Towards Expansion of Solar Energy
The Council of Scientific and Industrial Research-Central Mechanical Engineering Research Institute (CSIR-CMERI) and the National Institute of Solar Energy (NISE) signed a Memorandum of Understanding (MoU) to bolster the solar ...
GreenCell Mobility Bags Order for 48 Electric Buses from Rajasthan Transport Company
GreenCell Mobility Private Limited (GreenCell Mobility) was awarded a contract for operating 48 air-conditioned electric buses by the Rajasthan State Road Transport Corporation (RSRTC). GreenCell is an ‘electric Mobility as ...
ISA to Host World Solar Technology Summit to Promote Latest Advancements
The International Solar Alliance (ISA) will organize the first-ever World Solar Technology Summit (WSTS) on Tuesday, September 8, 2020. The summit will bring together key stakeholders - leading academic scientists, ...
LoU from IREDA, PFC, REC to Serve as Bank Guarantees for Solar Tenders
Union Power Minister R.K. Singh has approved the proposal to accept letters of undertaking (LoU) from three non-banking financial institutions that can be used like bank guarantees in renewable tenders ...
Farmers in Andhra Pradesh To Receive Power Subsidies Through Direct Benefit Transfer
Andhra Pradesh government has decided to introduce Direct Benefit Transfer (DBT) on the subsidy extended as free electricity to farmers. This program will initially start with one district by December ...
Nagpur to Run 450 Buses on Biofuel
Union Minister for Road Transport & Highways, Nitin Gadkari, in a webinar, said that India’s public transport is going to be modernized using fuels such as biofuel, Compressed Natural Gas ...
Green Term-Ahead Market Trades Three Million Units in August 2020
The Indian Energy Exchange (IEX) has released the highlights of electricity trading on the platform during August 2020. The trading in the Green Term-Ahead Market (GTAM) commenced on August 21, ...
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report
As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...
India Develops World’s Largest Solar Tree
The Council of Scientific and Industrial Research (CSIR) and the Central Mechanical Engineering Research Institute (CMERI) have developed the world’s largest solar tree in India. A solar tree is a ...
