Regulator Rejects Wind Developers' Plea for Interest on Delayed Payment by DISCOM

Regulator Rejects Wind Developers’ Plea for Interest on Delayed Payment by DISCOM

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, has rejected the petition seeking directions against Maharashtra State Electricity Distribution Company Limited (MSEDCL) for failing to comply with the ...
/ / Other, Wind
IL&FS Offers to Sell its Stake in a 6.5 MW Wind Project

IL&FS Offers to Sell its Stake in a 6.5 MW Wind Project

The Infrastructure Leasing and Financial Services Limited (IL&FS) has invited expression of interest (EoI) to acquire 100% shares of Ramagiri Renewable Energy (6.5 MW wind project) and purchase fixed assets ...
/ / Finance and M&A, Other
Daily News Wrap-Up:  IndianOil to Build a Green Hydrogen Plant in Mathura

Daily News Wrap-Up: IndianOil to Build a Green Hydrogen Plant in Mathura

Here are some noteworthy cleantech announcements of the day from around the world: Oil and gas corporation IndianOil is set to build the country's first green hydrogen plant at its ...
/ / Other, Renewable Energy
Funding and M&A Roundup Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Funding and M&A Roundup: Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Daqo New Energy, a manufacturer of high-purity polysilicon for the global solar PV industry, announced that the company's major operational subsidiary, Xinjiang Daqo New Energy, has completed its IPO process ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Panasonic Commissions a 7 MW Solar Project for Gro Solar Energy

Daily News Wrap-Up: Panasonic Commissions a 7 MW Solar Project for Gro Solar Energy

Here are some noteworthy cleantech announcements of the day from around the world: Panasonic Life Solutions India has commissioned a 7 MW solar project for Gro Solar Energy. Built on ...
/ / Other, Renewable Energy
Project Finance Brief Recurrent Energy Sells 328 MW of Solar Projects in Texas

Project Finance Brief: Recurrent Energy Sells 328 MW of Solar Projects in Texas

Canadian Solar announced its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a U.S. annuity and life insurance company. Both projects ...
/ / Other, Renewable Energy
Bill Gates Launches Breakthrough Energy Catalyst to Boost Cleantech Funding & Innovation

Bill Gates Launches Breakthrough Energy Catalyst to Boost Cleantech Funding & Innovation

The co-founder of Microsoft Corporation and the billionaire philanthropist Bill Gates has teamed up with a group of philanthropists, companies, and governments to launch a new climate financing program - ...
/ / Finance and M&A, Other
GODI Energy Raises Funds from Blue Ashva to Set Up Supercapacitor & Li-ion Cell Facility

GODI Energy Raises Funds from Blue Ashva to Set Up Supercapacitor & Li-ion Cell Facility

Hyderabad-based energy technology company GODI India has raised funds from Blue Ashva Capital through its Blue Ashva Sampada Fund. The company will use the funds to set up supercapacitor and lithium-ion (Li-ion) cell ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Sunseap to Set Up a 2.2 GW Floating Solar Project in Indonesia

Daily News Wrap-Up: Sunseap to Set Up a 2.2 GW Floating Solar Project in Indonesia

Here are some noteworthy cleantech announcements of the day from around the world: Singapore-based renewable and solar energy company Sunseap Group has signed an agreement with Badan Pengusahaan Batam to ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Siemens to Construct 100 MW Battery Storage Facility in Germany

Daily News Wrap-Up: Siemens to Construct 100 MW Battery Storage Facility in Germany

Here are some noteworthy cleantech announcements of the day from around the world: Siemens Smart Infrastructure and Zukunftsenergie Nordostbayern GmbH signed a letter of intent to construct a 100 MW battery storage ...
/ / Other, Renewable Energy
Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the first half (1H) of 2021, was up ...
Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Removing the one-year lock-in period for controlling shareholding could help increase investment flow into the solar market in India, which sorely needs it. A 'controlling shareholding' is the ownership (directly ...
Daily News Wrap-Up: Ecuador to Scale its Renewable Energy Tender from 200 MW to 500 MW

Daily News Wrap-Up: Ecuador to Scale its Renewable Energy Tender from 200 MW to 500 MW

Here are some noteworthy cleantech announcements of the day from around the world: The government of Ecuador has raised the targeted capacity in the 2021 renewable energy tender to 500 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Volt Energy to Supply Microsoft with 250 MW of Solar Power

Daily News Wrap-Up: Volt Energy to Supply Microsoft with 250 MW of Solar Power

Here are some noteworthy cleantech announcements of the day from around the world: Vancouver-headquartered Volt Energy has announced its first environmental justice and renewable energy initiative with Microsoft. Under the ...
/ / Other, Renewable Energy
Project Finance Brief Enel Green Power Acquires 3.2 GW Solar Portfolio in the US

Project Finance Brief: Enel Green Power Acquires 3.2 GW Solar Portfolio in the US

Enel Green Power North America, a developer, long-term owner, and operator of renewable energy projects has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a ...
/ / Other, Renewable Energy
Funding and M&A Roundup Greenvolt Raises €150 Million in IPO for Renewables Expansion

Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks and wind farms. The ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Sembcorp and PUB Unveil 60 MW Floating Solar Project in Singapore

Daily News Wrap-Up: Sembcorp and PUB Unveil 60 MW Floating Solar Project in Singapore

Here are some noteworthy cleantech announcements of the day from around the world:  Sembcorp Floating Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries, and the island state's national water agency ...
/ / Other, Renewable Energy
Levelized Tariff of ₹2.789/kWh Approved for 21 MW of Slop-Based Power Projects

Levelized Tariff of ₹2.789/kWh Approved for 21 MW of Slop-Based Power Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, has approved Uttar Pradesh Power Corporation Limited (UPPCL) adopting the levelized tariff of ₹2.798 (~$0.038)/kWh discovered through a competitive ...
/ / Other, Renewable Energy
AI Technology Boosts Solar and Wind Forecasts, Reducing Grid Pressure

AI Technology Boosts Solar and Wind Forecasts, Reducing Grid Pressure

A team from Monash University’s Grid Innovation Hub, Worley, and Palisade Energy Ltd have embarked on a joint study to precisely predict wind and solar power generation using machine learning technology. The collaborators ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Coal India's Largest Subsidiary Installing a 40 MW Solar Project

Daily News Wrap-Up: Coal India’s Largest Subsidiary Installing a 40 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: South Eastern Coalfields (SECL), the largest coal-producing subsidiary of Coal India, is foraying into solar energy with ...
/ / Other, Renewable Energy
Plea for Review of Tariff Determined for a Poultry Litter-Based Biogas Project Rejected

Plea for Review of Tariff Determined for a Poultry Litter-Based Biogas Project Rejected

The Haryana Electricity Regulatory Commission (HERC), in a recent order, rejected the review petition filed by Haryana Power Purchase Center (HPPC), relating to the tariff determination for a 1.2 MW ...
Why Rewa Ultra Mega Solar Limited's Tender Was a Big Success

Why Rewa Ultra Mega Solar Limited’s Tender Was a Big Success

The Rewa Ultra Mega Solar Limited's (RUMSL) tenders for 550 MW of solar projects at the Agar Solar Park and 450 MW of solar projects at the Shajapur Solar Park ...
Energy Storage Start-Up Indi Energy Raises Seed Funding from Mumbai Angels

Energy Storage Start-Up Indi Energy Raises Seed Funding from Mumbai Angels

Indi Energy, an Indian energy storage start-up, has raised an undisclosed amount in seed funding from Mumbai Angels Network, a start-up investment platform for early-stage venture investment. Indi Energy said it ...
/ / Finance and M&A, Other
Daily News Wrap-Up: NTPC to Set Up a 4,750 MW Solar Park in Rann of Kutch

Daily News Wrap-Up: NTPC to Set Up a 4,750 MW Solar Park in Rann of Kutch

Here are some noteworthy cleantech announcements of the day from around the world: NTPC REL, a 100% subsidiary of NTPC and its green energy arm, will set up a 4,750 ...
/ / Other, Renewable Energy
Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its latest report. The climate-aligned market is around half of ...
/ / Other, Renewable Energy