NTPC, EDF, JSW, and Torrent Power Winners in SECI’s 1.2 GW Wind Auction

NTPC, EDF, JSW, and Torrent Power Winners in SECI’s 1.2 GW Wind Auction

NTPC Renewable, Halvad Renewables (EDF Renewables), JSW Neo Energy, and Torrent Power are winners in Solar Energy Corporation of India’s (SECI) auction for the 1.2 GW interstate transmission system (ISTS)-connected ...
/ / Other, Wind
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 ...
US Seeks Public Feedback on $2.5 Billion Transmission Lines Program

US Seeks Public Feedback on $2.5 Billion Transmission Lines Program

In a bid to expand and strengthen power transmission lines across the country, the United States Department of Energy (DOE) recently issued a Request for Information (RFI) to collect public ...
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 ...
Telangana Sets Renewable Power Purchase Obligation Targets for FY23 to FY27

Telangana Sets Renewable Power Purchase Obligation Targets for FY23 to FY27

The Telangana State Electricity Regulatory Commission (TSERC) has issued the 'Renewable Power Purchase Obligation Regulations, 2022.' The regulations came into force on April 1, 2022. The state regulatory body had ...
KKR to Acquire Power Producer ContourGlobal for £1.75 Billion

KKR to Acquire Power Producer ContourGlobal for £1.75 Billion

U.S-based private equity firm Kohlberg Kravis Roberts (KKR) has signed an agreement to acquire the British power generation company ContourGlobal for approximately £1.75 billion (~$2.18 billion). KKR is a leading ...
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 ...
Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Manufacturer of the solar balance of system components, Shoals Technologies Group, recorded revenue of $68 million in the first quarter (Q1) of 2022, a year-over-year (YoY) increase of 49% from ...
Daily News Wrap-Up: Anti-Dumping Probe on Imported Solar Cells Extended Until August 31

Daily News Wrap-Up: Anti-Dumping Probe on Imported Solar Cells Extended Until August 31

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Finance notified the extension of the time limit to complete the anti-dumping investigation concerning ...
Funding and M&A Roundup Clean Energy Platform Arcadia Raises $200 Million in Funding (1)

Funding and M&A Roundup: Clean Energy Platform Arcadia Raises $200 Million in Funding

From: Mercom Capital Group Arcadia, a climate software and data startup focused on decarbonizing the electric grid, raised $200 million in a new funding round. J.P. Morgan Asset Management’s Sustainable ...
/ / Finance and M&A, Other
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 ...
EV Component Startup Revoh Raises $150,000 to Build Production Facility in Tamil Nadu

EV Component Startup Revoh Raises $150,000 to Build Production Facility in Tamil Nadu

Revoh Innovations, a startup that manufactures sub-components for electric vehicles (EV), has raised $150,000 in a seed round from angel investors Vel Kanniappan and Ravi Renganathan to build a motor ...
MSEDCL Invites Bids for 325 MW of Wind Power; Tariff Cap of ₹2.65/kWh, 12 Year PPA

MSEDCL Invites Bids for 325 MW of Wind Power; Tariff Cap of ₹2.65/kWh, 12 Year PPA

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 325 MW of power from intrastate wind projects. The last date to submit the bids is June 9, ...
/ / Other, Wind
Daily News Wrap-Up NHPC Awards 1 GW Solar EPC Contacts to Adani, Tata, Shirdi Sai

Daily News Wrap-Up: NHPC Awards 1 GW Solar EPC Contracts to Adani, Tata, Shirdi Sai

Here are some noteworthy cleantech announcements of the day from around the world: NHPC Limited awarded engineering procurement and construction contracts worth ₹66.04 billion (~$851.72 million) to develop 1 GW ...
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 ...
New Electrolysis Method to Produce Energy-Efficient Hydrogen

New Electrolysis Method to Produce Energy-Efficient Hydrogen

A team of scientists at the National Renewable Energy Laboratory (NREL) has analyzed a water-splitting method called solar thermochemical hydrogen (STCH), which can be more energy-efficient than the standard electrolysis ...
ReNew, Azure, and Vibrant Announce New Senior Leadership Appointments

ReNew, Azure, and Vibrant Announce New Senior Leadership Appointments

Three renewable energy companies in India, ReNew Power, Vibrant Energy, and Azure Power, have announced changes in their senior leadership positions. The changes come when the Indian renewable energy industry ...
Electric Scooter Maker Ather Raises $128 Million from NIIFL and Hero MotoCorp

Electric Scooter Maker Ather Raises $128 Million from NIIFL and Hero MotoCorp

Indian electric two-wheeler company Ather Energy has raised $128 million from the National Investment and Infrastructure Fund’s (NIIF) Strategic Opportunities Fund (SOF) and Hero MotoCorp, in a Series E funding ...
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: Oil Companies Sign Agreement for Ethanol Blended Petrol Program

Daily News Wrap-Up: Oil Companies Sign Agreement for Ethanol Blended Petrol Program

Here are some noteworthy cleantech announcements of the day from around the world: Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Limited (HPCL) entered ...
Ballard Power Systems’ Revenue Rises to $21 Million in Q1 2022

Ballard Power Systems’ Revenue Rises to $21 Million in Q1 2022

Ballard Power Systems, a fuel cell, and clean energy solutions provider recorded a revenue of $21 million in the first quarter (Q1) of 2022, a year-over-year (YoY) surge of 19% ...
Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Gujarat-based power company Torrent Power has announced the fourth quarter (Q4) and full-year financial results for the financial year (FY) 2021-22. The company recorded a revenue of ₹37.44 billion (~$484.63 ...
/ / Finance and M&A, Other
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 ...