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

Shell to Acquire Sprng Energy Group for $1.55 billion (1)

Shell to Acquire Sprng Energy Group for $1.55 Billion

Shell Overseas Investment, a wholly-owned subsidiary of Shell, today signed an agreement with Actis Solenergi Limited to acquire 100% of Solenergi Power Private Limited for $1.55 billion and the Sprng ...
/ / Finance and M&A, Other
IEX Reports 50% YoY Increase in Profits for FY 2022, Trades 102 BU of Power During the Year

IEX Reports 50% YoY Increase in Profits for FY 2022, Trades 102 BU of Power During the Year

The Indian Energy Exchange (IEX), in its recently announced financial results for the fiscal year (FY) 2021-22 and fourth quarter (Q4) FY-22, reported a 50% year-on-year (YoY) increase in profit ...
/ / Other, Renewable Energy
Mono PERC Solar Modules to Dominate For Two Years Before Bifacial and Others Gain Share

Mono PERC Solar Modules to Dominate for Two Years Before Bifacial and Others Gain Share

India has a unique need to balance the need for competitive pricing and advanced technologies to reduce the levelized cost of energy. The rest of the world has adopted larger ...
/ / Markets & Policy, Solar
BHEL Invites EoI from OEMs for Supplying to Floating Solar Projects in Madhya Pradesh

BHEL Invites EoI from OEMs for Supplying to Floating Solar Projects in Madhya Pradesh

Bharat Heavy Electricals Limited (BHEL) has invited expression of interest (EoI) from original equipment manufacturers for the supply and installation of photovoltaic modules, floaters, anchoring and mooring systems, and an ...
Bidder of India's Lowest Solar Tariff Secures ₹4 Billion Financing From ADB

Bidder of India’s Lowest Solar Tariff Secures ₹4 Billion Financing from ADB

The Asian Development Bank (ADB) has approved a non-sovereign loan of ₹4.063 billion (~$53.1 million) for Al Jomaih Energy and Water to develop an 80 MW solar project in Gujarat ...
/ / Finance and M&A, Solar
EoI Issued to Develop 1.2 GW of Solar Projects in Uttar Pradesh, Tariff Cap of ₹2.75kWh

EoI Issued to Develop 1.2 GW of Solar Projects in Uttar Pradesh, Tariff Cap of ₹2.75/kWh

Bundelkhand Saur Urja Limited (BSUL) has issued an expression of interest (EoI) to develop grid-connected solar projects in the 1.2 GW Ultra Mega Renewable Energy Power Park in Jalaun, Uttar ...
Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage

Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage

Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the signing of a memorandum of understanding with Energy Vault Holdings, Inc. to collaborate and ...
/ / Other, Renewable Energy
Rewa Ultra Mega Solar’s 600 MW Floating Solar Tender Gets An Overwhelming Response

Rewa Ultra Mega Solar’s 600 MW Floating Solar Tender Gets Overwhelming Response

The Rewa Ultra Mega Solar Limited’s (RUMSL) tender for the 600 MW floating solar park at the Omkareshwar reservoir in Madhya Pradesh has received an overwhelming response,  according to Mercom ...
BHEL Issues Tender for Supply of Solar Module Mounting Structures in Bhopal

BHEL Issues Tender for Supply of Solar Module Mounting Structures in Bhopal

Bharat Heavy Electricals Limited (BHEL) has issued a tender for the supply of 145.54 metric tons (MT) of module mounting structures for its 5 MW solar project in Bhopal. The ...
HPCL Invites Bids from Project Management Consultants for a 10 MW Solar Project

HPCL Invites Bids from Project Management Consultants for a 10 MW Solar Project

Hindustan Petroleum Corporation Limited (HPCL), a state-owned oil & gas company, has issued a tender to select a project management consultant to supervise a 10 MW ground-mounted solar project at ...
Daily News Wrap-Up: Tata Motors Partners with Lithium Urban to Deploy 5,000 Electric Cars

Daily News Wrap-Up: Tata Motors Partners with Lithium Urban to Deploy 5,000 Electric Cars

Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors signed a memorandum of understanding with Lithium Urban Technologies, an EV-based urban transportation service provider, ...
/ / Other, Renewable Energy
Gujarat’s Largest Rooftop Solar Tender Has an Earnest Money Deposit Problem

Gujarat’s Largest Rooftop Solar Tender Has an Earnest Money Deposit Problem

Madhya Gujarat Vij Company Limited’s (MGVCL’s) empanelment tender, one of Gujarat’s largest, to install 1 GW of residential rooftop solar systems in urban and rural areas has hit a roadblock ...
Tender Floated for 11 MW of Grid-Connected and Off-Grid Rooftop Solar Systems

Tender Floated for 11 MW of Grid-Connected and Off-Grid Rooftop Solar Systems

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a request for proposal (RfP) for the standardization of rates and selection of contractors to design, engineer, supply, install, test, and ...
Azure Power Announces Resignations of Both CEO and COO

Azure Power Announces Resignations of Both CEO and COO

Azure Power Global Limited, an independent sustainable energy solutions provider and power producer in India, announced that its Board of Directors had accepted the resignations of its Chief Executive Officer ...
/ / Other, Renewable Energy
NTPC Invites Bids From Electrolyzer Technology Providers for Green Hydrogen Projects

NTPC Invites Bids From Electrolyzer Technology Providers for Green Hydrogen Projects

NTPC Renewable Energy (NTPC REL) has issued a notice for upcoming invitations for bids to select electrolyzer technology providers to participate in green hydrogen tenders for two years. The selected ...
Daily News Wrap-Up: NTPC Partners With Delhi Water Board to Convert Sludge into Energy

Daily News Wrap-Up: NTPC Partners With Delhi Water Board to Convert Sludge into Energy

Here are some noteworthy cleantech announcements of the day from around the world: NTPC partnered with Delhi Jal Board to utilize the sludge produced in their sewage treatment plants to ...
/ / Other, Renewable Energy
Tender Floated for Setting Up 810 EV Charging Stations Along Highways

Tender Floated for Setting Up 810 EV Charging Stations Along Highways

Convergence Energy Services Limited (CESL) has issued a request for proposal (RfP) from Charge Point Operators for the installation and maintenance of 810 electric vehicle (EV) charging stations for four-wheelers ...
/ / Electric Vehicles, Grid
EoI Invited for Electrolyzer-Based Green Hydrogen Projects in Gujarat

EoI Invited for Electrolyzer-Based Green Hydrogen Projects in Gujarat

Gujarat Industries Power Company Limited (GIPCL) has issued an expression of interest (EoI) to set up 5 MW and 10 MW electrolyzer-based green hydrogen projects and associated facilities at Vadodara ...
Borosil Renewables To Acquire Two Solar Glass Manufacturing Units in Europe

Borosil Renewables to Acquire Two Solar Glass Manufacturing Units in Europe

Borosil Renewables, an India-based solar glass manufacturer, announced the acquisition of 100% share capital of lnterfloat Corporation and Glasmanufaktur Brandenbur (GMB), entities engaged in the solar glass manufacturing business, sales, ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: JSW to Set Up 1.5 GW Capacity of Pumped Hydro Storage Project

Daily News Wrap-Up: JSW to Set Up 1.5 GW Capacity of Pumped Hydro Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, named Komoram Bheem Pump Storage Project in Telangana ...
/ / Other, Renewable Energy
37 New Renewable Energy Projects to Power Amazon’s Operations Across Eight Countries

37 New Renewable Energy Projects to Power Amazon’s Operations Across Eight Countries

E-commerce giant Amazon has announced 37 new renewable energy projects worldwide, including solar, wind, and battery integrated projects, totaling 3.5 GW of clean energy capacity, in line with its target ...
/ / Other, Renewable Energy
Empanelment Tender Issued to Solarize Agricultural Feeders in Gujarat

Empanelment Tender Issued to Solarize Agricultural Feeders in Gujarat

Paschim Gujarat Vij Company Limited (PGVCL) has issued an expression of interest (EoI) to empanel agencies for the design, supply, installation, testing, and commissioning of distributed grid-connected solar projects of ...
Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: ATCO Group, through its investment in Canadian Utilities Limited, entered into a 15-year power purchase agreement with ...
/ / Other, Renewable Energy
Researchers Develop Solar Cell With Electricity Generation Capability During the Night

Researchers Develop Solar Cell With Electricity Generation Capability During the Night

Researchers at Stanford University claimed to have developed a solar photovoltaic cell that harvests energy from the environment during the day and night using radiative cooling, avoiding the need for ...
/ / Solar, Technology
Daily News Wrap-Up Hero Electric Partners with BOLT to Set Up 50,000 EV Charging Stations

Daily News Wrap-Up: Hero Electric Partners with BOLT to Set Up 50,000 EV Charging Stations

Here are some noteworthy cleantech announcements of the day from around the world: Hero Electric, the electric two-wheeler company, partnered with BOLT, an EV charging network company, to set up ...
/ / Other, Renewable Energy