Author Archives: Staff

Mercom India Solar Awards 2021 Winners Announced

Mercom India Solar Awards 2021 Winners Announced

Mercom India, a subsidiary of U.S.-based Mercom Capital Group and leading clean energy communications and consulting firm, announced the winners of the Solar Awards 2021 on the second day of ...
/ / Markets & Policy, Solar
Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring new bids until the backlog of unsigned power sale agreements (PSAs) with the distribution companies (DISCOMs) is cleared by the Solar Energy Corporation of India (SECI) may be the ...
/ / Markets & Policy, Solar
ReNew Power Pledges to Achieve Net-Zero Emissions by 2050

ReNew Power Pledges to Achieve Net-Zero Emissions by 2050

ReNew Power, India-based renewable energy company, has announced its commitment towards attaining net-zero greenhouse gas emissions by 2050. The company aims to help address the global climate crisis and lead ...
/ / Other, Renewable Energy
Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal to Switch to Green Energy

Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal Option to Switch to Green Energy

In a bid to transition Mumbai towards green energy, Adani Electricity Mumbai Limited (AEML), the city’s largest electricity distributor, is launching a program to give consumers the flexibility to set ...
/ / Other, Renewable Energy
The Role of DISCOMs in India's Transition to a Clean Energy Regime

The Role of DISCOMs in India’s Transition to a Clean Energy Regime

Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country's clean energy commitments. However, DISCOMs have remained the weakest link in India's power system. The poor financial ...
/ / Grid, Market & Policy
Access to Solar Project Finance is Key to Achieving India's Ambitious Targets

Access to Solar Project Finance is Key to Achieving India’s Ambitious Targets

India has taken significant strides towards transitioning to clean energy by tapping renewable sources. However, the mobilization of funds to meet India's clean energy commitments presents a formidable challenge. India ...
/ / Finance and M&A, Solar
Green Climate Fund Approves FMO's $137 Million Investment in India

Green Climate Fund Approves FMO’s $137 Million Investment in India

The Green Climate Fund (GCF) has approved Dutch development bank FMO's proposal to accelerate private and public sector investment in India's green infrastructure projects. Through the Green Growth Equity Fund ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Sunnova Completes Acquisition of SunStreet

Funding and M&A Roundup: Sunnova Completes Acquisition of SunStreet

Sunnova Energy International, a residential solar and storage service provider, announced that it completed the acquisition of SunStreet Energy Group, Lennar Corporation’s residential solar platform, and has become Lennar’s residential ...
/ / Other, Renewable Energy
Project Finance Brief_ Renewable Japan Raises $92.4 Million for a 25.76 MW Solar Project

Project Finance Brief: Renewable Japan Raises $92.4 Million for a 25.76 MW Solar Project

ReneSola, a fully integrated solar project developer, announced that it closed the sale of a portfolio of projects totaling 12.3 MW in Hungary to Obton, an investment firm. The portfolio ...
/ / Other, Renewable Energy
Floating Solar Projects Could Help Reduce Impact of Climate Change on Lakes

Floating Solar Projects Could Help Reduce Impact of Climate Change on Lakes

According to a new study, floating solar farms could help protect lakes and reservoirs from some of the harms of climate change. Scientists from Lancaster University and the University of ...
/ / Floating Solar, Solar
New Electrolyte Found to Achieve Greater Energy Density in Lithium-Ion Batteries

New Electrolyte Found to Achieve Greater Energy Density in Lithium-Ion Batteries

A team of researchers at the Massachusetts Institute of Technology (MIT) and other organizations have found a novel electrolyte that could make it possible for lithium-ion batteries, which now typically ...
/ / Solar, Technology
A Record 114 GW of Wind Power Capacity Added Globally in 2020

A Record 114 GW of Wind Power Capacity Added Globally in 2020

A total of 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to a report from Wood Mackenzie. This is the ...
/ / Wind
Funding and M&A Roundup_ Power Management Company Eaton Acquires Green Motion

Funding and M&A Roundup: Power Management Company Eaton Acquires Green Motion

Power management company Eaton has acquired Green Motion, a manufacturer of electric vehicle charging hardware and related software. Soltage, an independent power producer, and Harrison Street, an investment management firm ...
/ / Other, Renewable Energy
Project Finance Brief_ Downing Renewables Acquires 96 MW of Solar Assets

Project Finance Brief: Downing Renewables Acquires 96 MW of Solar Assets

Downing Renewables & Infrastructure Trust, which invests in renewable energy projects across the U.K., completed the acquisition of a 96 MW portfolio of 50 solar PV projects located in mainland ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Solar Energy Provider Sunseap Secures Series E Funding

Funding and M&A Roundup: Solar Energy Provider Sunseap Secures Series E Funding

Sunseap Group, a Singapore-based solar installer, secured equity in Series E funding round from Dubai-based conglomerate, Dutco. The proceeds will be deployed to Sunseap's future solar projects in Singapore and ...
/ / Other, Renewable Energy
Project Finance Brief_ EDF Acquires 100 MW of Solar Projects in the UK

Project Finance Brief: EDF Acquires 100 MW of Solar Projects in the UK

EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, has acquired two solar projects totaling 100 MW - Burwell, a 49.9 MW consented project in South East Cambridgeshire ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Orix Completes Acquisition of 21.8% Stake in Greenko

Funding and M&A Roundup: Orix Completes Acquisition of 21.8% Stake in Greenko

Australian utility AGL has entered into agreements to acquire two of Australia’s largest commercial solar businesses, Epho and Solgen Energy Group (from Anchorage Capital Partners), both commercial and industrial solar ...
/ / Other, Renewable Energy
Enel Green Acquires 519 MW Solar Portfolio from Arena Power

Project Finance Brief: Enel Green Acquires 519 MW Solar Portfolio from Arena Power

Endesa, through its renewable energy company Enel Green Power Espana (EGPE), has acquired a solar PV portfolio of 519 MW from the Spanish developer Arena Power. The portfolio includes 11 ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ EDP Renewables Acquires a Majority Stake in C2 Omega

Funding and M&A Roundup: EDP Renewables Acquires a Majority Stake in C2 Omega

EDP Renewables, through its fully owned subsidiary EDP Renewables North America, has closed its acquisition of a majority interest in C2 Omega, the distributed solar platform of C2 Energy Capital ...
/ / Other, Renewable Energy
Project Finance Brief_ Adapture Renewables Acquires an 81 MW Solar Project from Q CELLS

Project Finance Brief: Adapture Renewables Acquires an 81 MW Solar Project from Q CELLS

The African Development Bank (AfDB)'s board of directors has approved $27.2 million in loan financing for the design, construction, and operation of a 200 MW solar project at Kom Ombo ...
/ / Other, Renewable Energy
Project Finance Brief_ China Three Gorges to Acquire 400 MW of Solar and Wind Portfolio

Project Finance Brief: China Three Gorges to Acquire 400 MW of Solar and Wind Portfolio

Spanish solar project developer Solaria Energia y Medio Ambiente has signed an agreement with Dutch lender Rabobank for financing 150 MW of solar projects in Spain. This agreement also includes ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Shell to Acquire Renewable Power Trader Next Kraftwerke

Funding and M&A Roundup: Shell to Acquire Renewable Power Trader Next Kraftwerke

Shell will acquire 100% of Next Kraftwerke's shares, subject to approval by the regulators. As a part of the Renewables & Energy Solutions division at Shell, the German power trader ...
/ / Other, Renewable Energy
Anti-Grid Surger In Rooftop Solar Systems a Must

Anti-Grid Surger in Rooftop Solar Systems a Must

In a residential or commercial and industrial rooftop solar system, the focus is usually on preventing a lightning strike surge. What cannot be ignored also is short-circuiting linked to the ...
/ / Other, Sponsored News
Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

The offshore wind energy segment will be the new hiring haven for energy jobs, according to Rystad Energy analysis. Demand for offshore wind staff will triple by the end of ...
/ / Wind
Funding and M&A Roundup_ Battery Maker Enevate Secures $81 Million in Funding

Funding and M&A Roundup: Battery Maker Enevate Secures $81 Million in Funding

Volta Energy Technologies, an investor in battery and energy storage technologies, has announced an initial closing on its venture fund focused on batteries, energy storage, and related hardware and software ...
/ / Finance and M&A, Other