Daily News Wrap-Up Ministry of Power Releases Cybersecurity Guidelines for Utilities

Daily News Wrap-Up: Ministry of Power Releases Cybersecurity Guidelines for Utilities

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power has released guidelines for cybersecurity in the power sector to keep the industry ...
/ / Other, Renewable Energy
Federal Bank to Discontinue Financing New Coal Projects

Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) ...
/ / Finance and M&A, Other
US Had a Pipeline of 160 GW for Solar Projects With Battery Storage at the end of 2020

US Had a Pipeline of 160 GW for Solar Projects With Battery Storage at the End of 2020

According to a recently released report by Lawrence Berkeley National Laboratory (LBNL), the pipeline of solar capacity in the U.S. at the end of 2020 was around 460 GW. Of ...
/ / Other, Renewable Energy
If Coal Shortage Impacts Power Consumption, Can Solar Save The Day

If Coal Shortage Impacts Power Consumption, Can Solar Save the Day?

India is seeing a surge in power demand, with industrial and economic activity picking up pace in the past few months. But thermal power plants are in a crisis as ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: GE Renewable Energy to Supply Wind Turbines for JSW's Projects

Daily News Wrap-Up: GE Renewable Energy to Supply Wind Turbines for JSW’s Projects

Here are some noteworthy cleantech announcements of the day from around the world: GE Renewable Energy will supply 810 MW of onshore wind turbines for JSW Energy's projects in India ...
/ / Other, Renewable Energy
Solar Auctions Activity Increases in Q3 2021 While Tenders Slowed

Solar Auctions Activity Increases in Q3 2021 While Tenders Slowed

Government agencies announced tenders for 5.8 GW of solar projects in the third quarter (Q3) of the calendar year (CY) 2021, a 31% decline compared to 8.5 GW in the previous ...
Daily News Wrap-Up: Germany to Contribute €100 Million for Sustainable Energy in Africa

Daily News Wrap-Up: Germany to Contribute €100 Million for Sustainable Energy in Africa

Here are some noteworthy cleantech announcements of the day from around the world: Germany will contribute €100 million (~$115.45 million) to the African Development Bank's Sustainable Energy Fund for Africa ...
/ / Other, Renewable Energy
Rajasthan Is Now the Top Solar State in India with 8.2 GW of Installed Capacity

Rajasthan is Now the Top Solar State in India With 8.2 GW of Installed Capacity

Rajasthan is now the top state in solar installations overtaking Karnataka at the end of the third quarter of the calendar year (CY) 2021. At the end of September, the ...
Researchers Claim to Have Developed a Reactor for Cost-Effective Hydrogen Production

Researchers Claim to Have Developed a Reactor for Cost-Effective Hydrogen Production

A team of scientists from the Institute of Nano Science and Technology (INST) Mohali claimed to have developed a prototype reactor that operates under natural sunlight to produce around 6.1 ...
/ / Energy Efficiency, Other
Daily News Wrap-Up: Emmvee to Set Up a 3 GW Solar Module and Cell Manufacturing Facility

Daily News Wrap-Up: Emmvee to Set Up a 3 GW Solar Module and Cell Manufacturing Facility

Here are some noteworthy cleantech announcements of the day from around the world: Bangalore-based solar module manufacturer Emmvee has signed a memorandum of understanding (MoU) with the Karnataka government to ...
/ / Other, Renewable Energy
Domestic Content Requirement - Helping or Hurting KUSUM Solar Pump Program

Domestic Content Requirement – Helping or Hurting KUSUM Solar Pump Program?

The Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) program was announced by the government to provide financial and water security to farmers by mobilizing solar projects and solar-powered water ...
China was Second-Largest Source of Green Bond Issuance in 2020

China was Second-Largest Source of Green Bond Issuance in 2020

A report released by Climate Bonds Initiative (CBI) and China Central Depository & Clearing Research Centre (CCDC Research) has said that China was the second-largest source of green bond issuance ...
/ / Finance and M&A, Other
Air Liquide, Total to Launch World’s Largest Fund for Clean Hydrogen Solutions

Air Liquide, Total to Launch World’s Largest Fund for Clean Hydrogen Solutions

Air Liquide, TotalEnergies, VINCI, and other international companies have come together to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to raise ...
/ / Finance and M&A, Other
Daily News Wrap-Up Adani Green Completes Acquisition of SB Energy India

Daily News Wrap-Up: Adani Green Completes Acquisition of SB Energy India

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy Limited (AGEL) has completed the acquisition of a 100% stake in SB Energy India ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in September 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in September 2021

Here is a recap of some of the most important headlines from August 2021: India’s solar open access installations totaled 209 MW in the second quarter (Q2) of 2021, a ...
/ / Other, Renewable Energy
Daily News Wrap-Up General Motors’ Sites to be Fully Powered by Renewable Energy by 2025

Daily News Wrap-Up: General Motors’ Sites to be Fully Powered by Renewable Energy by 2025

Here are some noteworthy cleantech announcements of the day from around the world: General Motors announced that it plans to source 100% renewable energy to power its sites in the ...
/ / Other, Renewable Energy
Ola Raises $200 Million to Expand its Electric Vehicle Platform

Ola Raises $200 Million to Expand its Electric Vehicle Platform

Bangalore-based electric vehicle (EV) manufacturer Ola Electric has raised over $200 million, at a valuation of $3 billion, from Falcon Edge, Softbank, and other investors. The fresh funding will help the ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Updated Approved List of Models and Solar Manufacturers Announced

Daily News Wrap-Up: Updated Approved List of Models and Solar Manufacturers Announced

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module ...
/ / Other, Renewable Energy
Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures, a global investment manager that funds digital-first solutions for sustainable energy transition, announced that it had raised $330 million while closing its second flagship fund. The company said ...
/ / Finance and M&A, Other
Sembcorp Industries Raises $496 Million Through Sustainability-Linked Bonds

Sembcorp Industries Raises $496 Million Through Sustainability-Linked Bonds

Singapore-based renewable energy company Sembcorp Industries has raised S$675 million (~$496.1 million) by launching a sustainability-linked bond (SLB) in Singapore. The company’s wholly-owned subsidiary, Sembcorp Financial Services, priced its inaugural bond. International ...
/ / Finance and M&A, Other
SJVN Registers a Net profit of ₹3.39 Billion in Q1 2021-22

SJVN Registers a Net profit of ₹3.39 Billion in Q1 2021-22

SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, has registered a net profit of ₹3.39 billion (~$45.63 million) in the first quarter ...
/ / Finance and M&A, Other
Power Generated from Co-firing of Biomass Qualifies for Meeting Non-Solar RPO Targets

Power Generated from Co-firing of Biomass Qualifies for Meeting Non-Solar RPO Targets

The Punjab State Electricity Regulatory Commission (PSERC), in a recent order, ruled that power generated from co-firing of biomass will be considered as renewable energy and eligible for meeting the ...
/ / Biofuel, Market & Policy
BESCOM's Empanelment Process is Tedious, Expensive and Unnecessary

BESCOM’s Empanelment Process is Tedious, Expensive and Unnecessary

The Bangalore Electricity Supply Company Limited (BESCOM) has recently revised its guidelines to empanel inverter manufacturers for government solar programs in Karnataka. Inverter manufacturers feel that the empanelment process is ...
/ / Mercom Research Focus, Other
Odisha Clarifies its Stand on the Use of Biomass in Captive and Cogeneration Projects

Odisha Clarifies its Stand on the Use of Biomass in Captive and Cogeneration Projects

The Odisha Electricity Regulatory Commission (OERC) has ruled that the guidelines prescribed by the Central Electricity Regulatory Commission (CERC) must be followed to estimate electricity generated from biomass in coal-based ...
/ / Other, Renewable Energy
Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032

Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has revised its renewable energy targets to 60 GW by 2032. The revision aligns with the ...
/ / Other, Renewable Energy