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 ...
Funding and M&A Roundup Group14 Technologies Raises $400 Million in Series C Funding

Funding and M&A Roundup: Group14 Technologies Raises $400 Million in Series C Funding

From: Mercom Capital Group Group14 Technologies, a developer of materials that enhance the output of lithium-silicon batteries, raised $400 million in Series C funding. Porsche AG led the round with ...
/ / Finance and M&A, Other
Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded total revenue of $201.04 million in the first quarter (Q1) 2022, a 3.6% year-over-year (YoY) growth compared to $194.01 million ...
Gujarat Floats 500 MW Wind Tender with Greenshoe Option

Gujarat Floats 500 MW Wind Tender with Greenshoe Option

The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids to purchase power through a competitive bidding process from 500 MW of grid-connected wind power projects (Phase-III) with the greenshoe ...
/ / Other, Wind
Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global announced that Harsh Shah would be joining as the Chief Executive Officer, effective July ...
SunPower Records a 45% YoY Increase in Revenue in Q1 2022

SunPower Records a 45% YoY Increase in Revenue in Q1 2022

SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the first quarter (Q1) of the calendar year (CY) 2022. The company posted revenue of ...
Daily News Wrap-Up: Saatvik Launches Bifacial Half Cut MBB Solar Modules

Daily News Wrap-Up: Saatvik Launches Bifacial Half Cut MBB Solar Modules

Here are some noteworthy cleantech announcements of the day from around the world: Saatvik, an Indian module manufacturer, launched the Bifacial Half Cut MBB Solar Modules with 545W output and ...
Karnataka Regulator Issues Draft RPO Target Until 2029-30

Karnataka Regulator Issues Draft RPO Target Until 2029-30

Karnataka Electricity Regulatory Commission (KERC) has issued amendments to the KERC (Procurement of Energy from Renewable Sources), Regulations, 2011 to specify the Renewable Purchase Obligation (RPO) target for 2022-23 to ...
Government Invokes Emergency Provisions to Tide Over Coal Shortages in Power Plants

Government Invokes Emergency Provisions to Tide Over Coal Shortages in Power Plants

Faced with a severe coal shortage at coal-based thermal power plants leading to load shedding in many areas across India, the Ministry of Power has directed all imported coal-based power ...
/ / Other, Other Energy
Daily News Wrap-Up Tata Motors Launches Electric Version of Mini-Truck

Daily News Wrap-Up: Tata Motors Launches Electric Version of Mini-Truck

Here are some noteworthy cleantech announcements of the day from around the world: Indian commercial vehicle manufacturer Tata Motors launched the electric version of the popular mini-truck Tata Ace called ...
Tata Power, Amp Energy, NTPC & SJVN Winners in SECI’s 1.2 GW Wind Solar Hybrid Auction

Tata Power, Amp Energy, NTPC & SJVN Winners in SECI’s 1.2 GW Wind-Solar Hybrid Auction

Tata Power, Amp Energy, NTPC, and SJVN are winners in Solar Energy Corporation of India’s (SECI) auction to set up 1,200 MW interstate transmission system (ISTS)- connected wind-solar hybrid projects ...
Renewable Energy Trading Down by 14% MoM at IEX in April 2022 (1)

Renewable Energy Trading Down by 14% MoM at IEX in April 2022

The Indian Energy Exchange (IEX) traded 336 million units (MU) of renewable energy in April 2022, a 14% month-over-month (MoM) decrease compared to 392 MU traded in the previous month ...
Daily News Wrap-Up: Tata Power Renewable Energy Commissions a 120 MW Solar Project

Daily News Wrap-Up: Tata Power Renewable Energy Commissions a 120 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Renewable Energy, a 100% subsidiary of Tata Power, commissioned a 120 MW solar project in ...
Month in a Minute Top Headlines from Indian Renewable Sector in April 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in April 2022

Here is a recap of some of the most important headlines from April 2022: Various government agencies floated solar tenders totaling approximately 5 GW in the first quarter (Q1) of ...
Adani Green Registers 56% Growth in Revenues in FY 22, Energy Sales up by 72%

Adani Green Registers 56% Growth in Revenues in FY 22, Energy Sales up by 72%

Adani Green Energy, the renewable energy arm of the Adani Group, reported revenue of ₹37.83 billion (~$495.29 million) from the power supply for the financial year (FY) 2021-22, a 56% ...
Itron’s Revenue Dips by 9% in Q1 2022; Margins Reduce Due to Component Constraints

Itron’s Revenue Dips by 9% in Q1 2022; Margins Reduce Due to Component Constraints

Itron, a U.S.-based energy and water resource management solutions provider, reported a revenue of $475.3 million for the first quarter (Q1) of 2022, a 9 % year-over-year (YoY) decrease compared ...
Daily News Wrap-Up: Tata Power Partners with NAREDCO to Install 5,000 EV Charging Points

Daily News Wrap-Up: Tata Power Partners with NAREDCO to Install 5,000 EV Charging Points

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power signed a memorandum of understanding with the National Real Estate Development Council (NAREDCO), Maharashtra, to ...