Daily News Wrap-up: Coca-Cola Amatil Joins Global RE100 Initiative
Here are some noteworthy cleantech announcements of the day from around the world: Coca-Cola Amatil announced it has joined the global RE100 renewable energy initiative and committed to power its ...
Month in a Minute: Top Headlines from Indian Renewable Sector in March 2021
Here is a recap of some of the most important headlines from March 2021: Distribution companies (DISCOMs) owed ₹122.49 billion (~$1.65 billion) to renewable energy generators (excluding disputed amounts) in ...
Daily News Wrap-Up: BP to Build Britain’s Largest Hydrogen Plant
Energy group BP aims to build Britain's largest hydrogen plant by 2030 as part of its push to boost the use of fuel and cut greenhouse gas emissions. The Teesside ...
NLC India Ups Green Power Generation Capacity by 39% in 2020-21
NLC India Limited (NLCIL), a public sector undertaking engaged in coal mining and power generation, has increased its green power generation by 39% and mining capacity by 66%. The company ...
Daily News Wrap-Up: Tata Power-DDL Introduces Narrow Band IoT’ in Smart Meters
Here are some noteworthy cleantech announcements of the day from around the world: After successfully installing 2.3 Lakh smart meters on RF technology, Tata Power Delhi Distribution (Tata Power-DDL) has ...
Project Finance Brief: BayWa r.e. Secures Loan of $216 Million for a 200 MW Solar Project
Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 ...
Funding and M&A Roundup: BlackRock Real Assets Raises $4.8 Billion to Fund Renewables
BlackRock Real Assets has achieved a $4.8 billion final close of Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private ...
Over 260 GW of Renewables Added Globally in 2020, Beating the Previous Record by 50%
According to data released by the International Renewable Energy Agency (IRENA), the world added more than 260 GW of renewable energy capacity in 2020, according to data released by the ...
Solar Will Lead All Power Generation in the Coming Decades
The Mercom India Solar Summit 2021 kicked off on April 8, 2021, with the session 'Keynote-State of Indian Solar market,' led by Priya Sanjay, Managing Director, Mercom India, and Raj ...
Daily News Wrap-up: ReNew Power Commissions a 110 MW Solar Project in Rajasthan
Here are some noteworthy cleantech announcements of the day from around the world: Nebras Power has taken a controlling stake in six companies operating Ukraine’s solar power projects through UDP ...
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 ...
Daily News Wrap-Up: Hydrogen Market Revenue Is Expected to Surpass $300 Billion by 2027
Here are some noteworthy cleantech announcements of the day from around the world: The global hydrogen market revenue is expected to surpass $300 billion by 2027, as reported in the latest study ...
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 ...
Daily News Wrap-Up: Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment
Here are some noteworthy cleantech announcements of the day from around the world: Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its key logistics partners, to ...
Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized
Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions, has announced Goldman Sachs-sponsored Loanpal Solar Loan ...
Bids Invited to Set Up a Renewable Energy Park for Tourists in Maharashtra
The Maharashtra Energy Development Agency (MEDA) has invited bids to develop a renewable energy park in Maharashtra's Yavatmal district. The contract will also include comprehensive maintenance of the project for ...
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 ...
Government-owned Power Financing Institutions Reduce Lending Rates
State-owned non-banking financial firms, Power Finance Corporation (PFC), and REC will reduce lending rates by up to 2% points from April 1, 2021. According to the PTI, the PFC said, ...
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 ...
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 ...
Daily News Wrap-up: NTPC Commissions 70 MW Capacity of a Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: NTPC has announced that 70 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, ...
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations
Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
Daily News Wrap-up: EESL Subsidiary to Aggregate Demand for EVs, Solar in Rural Areas
Here are some noteworthy cleantech announcements of the day from around the world: Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an ...
MNRE: No Commissioning Date Extension Beyond Six Months for Renewable Energy Projects
The Ministry of New and Renewable Energy (MNRE) has clarified that the extension provided by implementing agencies on account of the Covid-19 pandemic should in no case be more than ...
Daily News Wrap-up: Adani Green Completes the Acquisition of a 20 MW Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy Limited has completed the acquisition of 100% of the share capital and all the ...
