Government Announces Financial Sops to Boost Ethanol Production

Government Announces Financial Sops to Boost Ethanol Production

The Department of Food & Public Distribution (DoFPD) has announced that it would extend financial assistance to project proponents to enhance their ethanol distillation capacity. The move is in line ...
/ / Other, Other Energy
Power Finance Corporation to Raise ₹100 Billion Through Bonds Issue

Power Finance Corporation to Raise ₹100 Billion Through Bonds Issue

The country's biggest lender to the power sector, the Power Finance Corporation (PFC), will raise ₹100 billion (~$1.36 billion) through bonds in two tranches. According to the company's prospectus, the ...
/ / Finance and M&A, Other
US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19

US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19

The US clean energy industry ended last year with the lowest number of workers since 2015 due to the impact of the COVID-19 pandemic, according to a recent report by ...
/ / Other, Renewable Energy
Solar Sector Sees Broad-based Recovery, Funding Rises by 24% in 2020

Solar Sector Sees Broad-based Recovery, Funding Rises by 24% in 2020

The global corporate funding into the solar sector - including venture capital (VC), private equity (PE), debt financing, and public market financing - increased 24% to $14.5 billion in 2020 ...
Banking Charges, Ambiguity on Net Metering Rules Major Glitches in Gujarat Solar Policy

Banking Charges, Ambiguity on Net Metering Rules Major Glitches in Gujarat Solar Policy

The solar industry believes the Gujarat government's new solar policy is a mixed bag of positive and negative initiatives for the sector. The Gujarat government announced the new 'Gujarat Solar ...
Fossil Fuel Cogeneration Projects Not Exempt from Renewable Purchase Obligation

Fossil Fuel Cogeneration Projects Not Exempt from Renewable Purchase Obligation

The Jharkhand State Electricity Regulatory Commission (JSERC) has, in a recent ruling, said that additional electricity produced through cogeneration could not be tied with the renewable energy obligation (RPO). The ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ TresMoto a Smart EV Startup Backed by Shell Raises Seed Funding

Daily News Wrap-Up: Bengaluru-based Smart EV Startup TresMoto Raises Seed Funding

Here are some noteworthy cleantech announcements of the day from around the world: Jinko Solar, a solar module manufacturer, claims to have achieved a record conversion efficiency of 23.01% for ...
/ / Other, Renewable Energy
Solar Federation Seeks Exemption from Charges Levied on Renewable Energy Developers

Solar Federation Seeks Exemption from Charges Levied on Renewable Energy Developers

The National Solar Energy Federation of India (NSEFI) has written to the Electricity Department of Rajasthan with comments and suggestions on the Rajasthan Electricity Regulatory Commission’s (RERC) renewable energy tariff ...
Daily News Wrap-Up_ US EIA Expects 19.5 GW of Solar Additions in 2021

Daily News Wrap-Up: US EIA Expects 19.5 GW of Solar Additions in 2021

Here are some noteworthy cleantech announcements of the day from around the world: Qair, a France-based independent power producer, has completed applications to obtain permits for 500 MW of solar ...
/ / Other, Renewable Energy
Electricity Duty Waiver for 15 Years Sought for Solar-Wind Hybrid Projects in Maharashtra

Electricity Duty Waiver for 15 Years Sought for Solar-Wind Hybrid Projects in Maharashtra

The National Solar Energy Federation of India (NSEFI) has written a letter to the Principal Secretary (Energy), Government of Maharashtra, listing its suggestion for the 'Unconventional Energy Generation Policy' of ...
/ / Other, Renewable Energy
Technical Assistance Offered for Renewable Energy Projects in Vietnam

Technical Assistance Offered for Renewable Energy Projects in Vietnam

Development Alternatives Incorporated (DAI Global), a global development company has invited expressions of interest (EoI) on behalf of the United States Agency for International Development (USAID) and the Vietnam government ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Adani Green Commissions a 25 MW Solar Project in Uttar Pradesh

Daily News Wrap-Up: Adani Green Commissions a 25 MW Solar Project in Uttar Pradesh

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Chitrakoot One, a step-down subsidiary of Adani Green Energy, has commissioned a 25 MW ...
/ / Other, Renewable Energy
Industry Fears Rooftop Market Will Collapse Due to the New Net Metering Policy

Industry Fears Rooftop Solar Market Will Collapse Due to the New Net Metering Policy

The new rules issued by the Ministry of Power mandating net metering for loads up to 10 kW and gross metering for above 10 kW has caused widespread anxiety among ...
/ / Mercom Research Focus, Other
Power Transmission Company Sterlite Raises ₹2 billion from Allianz Global Investors

Power Transmission Company Sterlite Raises ₹2 Billion from Allianz Global Investors

Sterlite Power, a power transmission infrastructure developer, has announced that it raised ₹2 billion ($27.23 million) in debt financing from leading investment managers Allianz Global Investors (Allianz GI), focusing on ...
/ / Finance and M&A, Other
Top Five States for Utility-Scale Solar Installations in 2020 [Infographics]

Top Five States for Utility-Scale Solar Installations in 2020 [Infographics]

Cumulative utility-scale solar installations in India at the end of December 2020 stood at 34 GW, according to Mercom India Research. Installations were slow for most of the year due ...
Funding M&A Roundup_ Gibraltar Acquires Solar Racking Company TerraSmart for $220M

Funding M&A Roundup: Gibraltar Acquires Solar Racking Company TerraSmart for $220M

Shoals Technologies Group, a U.S. provider of electrical balance of system products for solar projects, filed with SEC to raise up to $100 million in an initial public offering. Backed ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Sungrow’s Cumulative Inverter Shipment to India Crosses 7 GW

Daily News Wrap-Up: Sungrow’s Cumulative Inverter Shipment to India Crosses 7 GW

Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Energy India, a wholly-owned subsidiary of Sembcorp Industries, has secured a 400 MW solar project. The ...
/ / Other, Renewable Energy
IREDA Signs MoU to Support NHPC in Green Energy Projects for Five Years

IREDA Signs MoU to Support NHPC in Green Energy Projects for Five Years

Indian Renewable Energy Development Agency (IREDA), which falls under the administrative control of the Ministry of New & Renewable Energy (MNRE), signed a Memorandum of Understanding (MoU) with NHPC for ...
/ / Other, Renewable Energy
Project Finance Brief_ Duke Energy Acquires a 144 MW Solar Project From Recurrent Energy

Project Finance Brief: Duke Energy Acquires a 144 MW Solar Project From Recurrent Energy

KfW IPEX-Bank has arranged senior debt financing for the construction and operation of a 200 MW Los Escuderos solar project near the municipality of Altarejos in the Spanish province of ...
/ / Finance and M&A, Other
SK Group, Plug Power to Form Joint Venture to Enhance Footprint in Asian Hydrogen Market

SK Group, Plug Power to Form Joint Venture to Enhance Footprint in Asian Hydrogen Market

US-based hydrogen fuel cell provider Plug Power has announced that it is forming a strategic partnership with South Korean conglomerate SK Group to enhance its footprints in the Asian hydrogen ...
/ / Finance and M&A, Other
Tata Power Completes Acquisition of 51% Stake in Odisha DISCOMs

Tata Power Completes Acquisition of 51% Stake in Odisha DISCOMs

Tata Power has announced its takeover of Western Electricity Supply Company of Odisha (WESCO) and Southern Electricity Supply Company Of Orissa (SOUTHCO). From now on, WESCO and SOUTHCO will operate ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Total Solar Completes a 1 MW Solar Carport Project in Chennai

Daily News Wrap-Up: Total Solar Completes a 1 MW Solar Carport Project in Chennai

Here are some noteworthy cleantech announcements of the day from around the world: Total Solar Distributed Generation, a division of Total, has completed a 1 MW solar project at Renault ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Jinko Claims 24.9% Efficiency for N-type Monocrystalline Solar Cell

Daily News Wrap-Up: Jinko Claims 24.9% Efficiency for N-type Monocrystalline Solar Cell

Here are some noteworthy cleantech announcements of the day from around the world: Jinko Solar, a solar module manufacturer, claims to have achieved a record conversion efficiency of 24.90% for ...
/ / Other, Renewable Energy
Solar Industry Executives Weigh in On Growth Prospects and Outlook for 2021

Solar Industry Executives Weigh in On Growth Prospects and Outlook for 2021

With a tumultuous year behind it, the Indian solar industry has much to look forward to in 2021. The country has a robust solar project pipeline, and investors are optimistic ...
ITC Aims to Become Carbon Neutral by 2030

ITC Aims to Meet its Entire Energy Needs from Renewable Sources by 2030

ITC, an Indian multi-business conglomerate, aims to meet 100% of its entire energy needs from renewable sources by 2030. It aims to achieve a 50% reduction in specific emissions and ...
/ / Other, Renewable Energy