Author Archives: Satish Shetty

About Satish Shetty

Satish Shetty is a Copy Editor with Mercom India. Prior to Mercom, Satish was a multimedia news producer at Reuters, where he gained experience in digital news media. Satish has his Bachelor of Arts (B.A.) degree in Broadcast Journalism from Limkokwing University of Creative Technology, Malaysia. More articles from Satish Shetty.

satish@mercomindia.com

@satshetty01

Daily News Wrap-Up: SECI Annuls Tender for a 5 MW Solar Project in Tuticorin

Daily News Wrap-Up: SECI Annuls Tender for a 5 MW Solar Project in Tuticorin

Here are some noteworthy cleantech announcements of the day from around the world: Solar Energy Corporation of India (SECI) announced the annulment of the tender it had issued to develop ...
TotalEnergies to Acquire 50% Stake in Renewables Company Clearway for $1.6 Billion

TotalEnergies to Acquire 50% Stake in Renewables Company Clearway for $1.6 Billion

TotalEnergies announced the signing of agreements with the Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), a U.S.-based renewable energy company. TotalEnergies said that the acquisition ...
Daily News Wrap-Up: Power Minister Urges States to set up Energy Transition Committees

Daily News Wrap-Up: Power Minister Urges States to set up Energy Transition Committees

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister of Power and New & Renewable Energy R.K. Singh asked the states and Union territories ...
BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart, an electric ride-hailing platform, announced a Series A1 round closing to raise $25 million. This was a follow-up to the Series A round in September last year, bringing the ...
Ministry of Power Proposes New Program to Liquidate the Past Dues of DISCOMs

Ministry of Power Proposes New Program to Liquidate the Past Dues of DISCOMs

The Ministry of Power (MoP) announced that it is working on a program to mitigate the financial woes of the Distribution Companies (DISCOMs) by liquidating their dues. The delay in ...
Bhopal Municipal Corporation Invites Proposals for a 15 MW Wind Power Project

Bhopal Municipal Corporation Invites Proposals for a 15 MW Wind Power Project

The Bhopal Municipal Corporation (BMC) has issued a request for proposal (RfP) for the design, engineering, supply, construction, erection, testing, and commissioning of a 15 MW wind power project in ...
Daily News Wrap-Up: Adani & ReNew to Invest in Renewable Projects in Andhra and Karnataka

Daily News Wrap-Up: Adani & ReNew to Invest in Renewable Projects in Andhra and Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy (AGEL) signed a memorandum of understanding with the Andhra Pradesh government to develop green ...
Daily News Wrap-Up: CEA Okays Transmission Lines for a Hybrid Power Project in Tamil Nadu

Daily News Wrap-Up: CEA Okays Transmission Lines for a Hybrid Power Project in Tamil Nadu

Here are some noteworthy cleantech announcements of the day from around the world: The Central Electricity Authority (CEA) approved transmission lines for evacuating power from the 500 MW Blended Power ...
Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported a revenue of $2.2 million in the first quarter (Q1) 2022, a 358% year-over-year (YoY) increase compared to $480,000 in Q1 ...
Daily News Wrap-Up CEA Approves Setting Up Transmission for a Solar Project in Bikaner

Daily News Wrap-Up: CEA Approves Setting Up Transmission for a Solar Project in Bikaner

Here are some noteworthy cleantech announcements of the day from around the world: The Central Electricity Authority (CEA) granted approval to lay transmission lines for a proposed 300 MW solar ...
Daily News Wrap-Up: Developer Allowed to Claim Refund on BCD for Solar Inverter

Daily News Wrap-Up: Developer Allowed to Claim Refund on BCD for Solar Inverter

Here are some noteworthy cleantech announcements of the day from around the world: Maharashtra Electricity Regulatory Commission (MERC) has allowed Tata Power Renewable Energy (TPREL) to claim an additional cost ...
EU Proposes Mandatory Rooftop Solar for all New Buildings in Member States

EU Proposes Mandatory Rooftop Solar for All New Buildings in Member States

The European Commission presented the REPowerEU Plan proposal detailing its strategy to respond to the hardships and global energy market disruption caused by Russia's invasion of Ukraine. The Commission had ...
Amazon Invests $31 Million in Low-Light Solar Technology Firm Ambient Photonics

Amazon Invests $31 Million in Low-Light Solar Technology Firm Ambient Photonics

Ambient Photonics, a low-light solar photovoltaic cells manufacturer, raised $31 million in a Series A funding, led by Amazon via its Climate Pledge Fund and Ecosystem Integrity Fund. Tony Fadell’s ...
India Needs Just 14 GW to Meet the 60 GW by 2022 Large-Scale Solar Target

India Needs Just 14 GW to Meet the 60 GW Large-Scale Solar Target by 2022

India has installed 45.6 GW of utility-scale solar capacity to date, 14.4 GW shy of meeting the government-set target of installing 60 GW by 2022, according to Mercom’s India Solar ...
Daily News Wrap-Up: Greenko Begins Construction of its 5 GW Renewable Energy Storage Project

Daily News Wrap-Up: Greenko Begins Construction of its 5 GW Renewable Energy Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: Greenko Group has started the construction of its 5.23 GW Integrated Renewable Energy Storage Project in Kurnool ...
Sembcorp to Power Saint-Gobain's Facilities With Wind-Solar Hybrid Energy

Sembcorp to Power Saint-Gobain’s Facilities With Wind-Solar Hybrid Energy

Saint-Gobain India and Sembcorp Green Infra's subsidiary Green Infra Wind Energy have signed a long-term energy supply agreement under which Sembcorp will install a 33 MW captive wind-solar hybrid project ...
Rays Experts to Commission 3 GW Solar Park in Rajasthan

Rays Experts to Commission 3 GW Solar Park in Rajasthan

Rays Experts, a Jaipur-based solar park developer, is set to commission what is claimed to be the world’s largest solar park with a capacity of 3 GW in Rajasthan. The ...
/ / Solar, Utility Scale
Daily News Wrap-Up: SJVN Achieves Financial Closure for a 70 MW Solar Project

Daily News Wrap-Up: SJVN Achieves Financial Closure for a 70 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: SJVN announced the financial closure of the 70 MW Bagodara Solar Power project in Gujarat by allocating ...
REC Limited Posts Annual Profit of ₹100 Billion, its Highest-Ever

REC Limited Posts Annual Profit of ₹100 Billion, its Highest-Ever

REC Limited, a public infrastructure finance company, reported a total income of ₹392.30 billion (~$5.05 billion) for the financial year (FY) 2022, an 11% increase compared to ₹354.10 billion (~$4.56 ...
Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power, a U.S.-based hydrogen fuel cell (HFC) turnkey solutions company, recorded a revenue of $140.8 million in the first quarter (Q1) of 2022, a 96% year-over-year (YoY) growth compared ...
Daily News Wrap-Up: Adani Green Approves 20 Million Share Sale to Green Energy Investment

Daily News Wrap-Up: Adani Green Approves 20 Million Share Sale to Green Energy Investment

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy’s management team approved the allotment of 20 million equity shares worth ₹38.5 billion (~$497.08 ...
Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Romeo Power, a U.S.-based battery technology company, recorded total revenue of $11.6 million in the first quarter (Q1) of 2022, a 955% year-over-year (YoY) increase compared to $1.1 million in ...
Daily News Wrap-Up: Inox Wind Subsidiary to Raise ₹9 Billion Through an IPO

Daily News Wrap-Up: Inox Wind Subsidiary to Raise ₹9 Billion Through an IPO

Here are some noteworthy cleantech announcements of the day from around the world: Inox Wind announced that its board has approved the proposal for the initial public offering (IPO) of ...
Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded total revenue of $201.04 million in the first quarter (Q1) 2022, a 3.6% year-over-year (YoY) growth compared to $194.01 million ...
Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global announced that Harsh Shah would be joining as the Chief Executive Officer, effective July ...