Funding and M&A Roundup_ BlackRock Real Assets Raises $4.8 billion to Fund Renewables

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 ...
/ / Other, Renewable Energy
Over 260 GW of Renewables Added Globally in 2020, Beating the Previous Record by 50%

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 ...
/ / Other, Renewable Energy
Solar Will Lead All Power Generation in the Coming Decades

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

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 ...
/ / Other, Renewable Energy
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
Daily News Wrap-Up_ Hydrogen Market Revenue Is Expected to Surpass $300 Billion by 2027

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 ...
/ / 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
Daily News Wrap-Up_ Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment

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 ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ $421 Million of Loanpal Residential Solar Loans Securitized

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 ...
/ / Other, Renewable Energy
Bids Invited to Set Up a Renewable Energy Park for Tourists in Maharashtra

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

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
Government-owned Power Financing Institutions Reduce Lending Rates (2)

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, ...
/ / Finance and M&A, Other
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
Daily News Wrap-up_ NTPC Commissions 70 MW Capacity of a Solar Project

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, ...
/ / Other, Renewable Energy
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

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 ...
/ / Other, Renewable Energy
Daily News Wrap-up_ EESL Subsidiary to Aggregate Demand for EVs, Solar in Rural Areas

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 ...
/ / Other, Renewable Energy
MNRE: No Commissioning Date Extension Beyond Six Months for Renewable Energy Projects

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 ...
/ / Other, Renewable Energy
Daily News Wrap-up: Adani Green Completes the Acquisition of a 20 MW Solar Project

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 ...
/ / Other, Renewable Energy
Amendments to Solar, Wind, and Hybrid Policies in Andhra Pradesh

Amendments to Solar, Wind, and Hybrid Policies in Andhra Pradesh

The Andhra Pradesh Energy Department has clarified that the amendments made to policies on the wind, solar, and wind-solar hybrid projects will apply to projects commissioned after November 18, 2019 ...
/ / Other, Renewable Energy
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
Daily News Wrap-Up: ReNew Power Commissions a 300 MW Wind Project in Gujarat

Daily News Wrap-Up: ReNew Power Commissions a 300 MW Wind Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: ReNew Power has commissioned a 300 MW of wind power project in Kutch, Gujarat. The project was ...
/ / Other, Renewable Energy
Green Power Tariff

Consumers Opting for 100% Renewables to Pay ‘Green Power Tariff’ of ₹0.66/kWh

The Maharashtra Electricity Regulatory Commission (MERC) has, in a recent order, allowed a 'Green Power Tariff' of ₹0.66 (~$0.009)/kWh to be levied on consumers opting for 100% green energy. The ...
/ / Other, Renewable Energy
Japan's JICA to Loan Upto JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan’s JICA to Loan up to JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan International Cooperation Agency (JICA) has signed a loan agreement for a maximum amount of JPY 10 billion (₹6.65 billion) with Tata Cleantech Capital (TCCL), an Indian non-banking financial company ...
/ / Finance and M&A, Other