Bharat Petroleum's 7,000 Retail Outlets to Support Electric Vehicle Charging

Bharat Petroleum’s 7,000 Retail Outlets to Support Electric Vehicle Charging

Government-owned oil and gas major Bharat Petroleum Corporation Limited (BPCL) has said it plans to leverage its nationwide network of fuel stations to support electric mobility. The company plans to ...
/ / Finance and M&A, Other
Generation Investment Acquires 13 Stake in Octopus Energy for $600 Million

Generation Investment Acquires 13% Stake in Octopus Energy for $600 Million

Octopus Energy Group (Octopus) has announced a strategic partnership with Generation Investment Management (GIM), a firm founded in 2004 to invest in businesses that promote sustainability and the fight against climate ...
/ / Finance and M&A, Other
Japanese Energy Company JERA Invests $1.58 Billion in Philippines Power Utility

Japanese Energy Company JERA Invests $1.58 Billion in Philippines Power Utility

Japanese energy company (JERA) has entered into a share purchase agreement with Aboitiz Equity Ventures and Aboitiz & Company to purchase around 27% of the outstanding shares of Aboitiz Power ...
/ / Finance and M&A, Other
Daily News Wrap-Up: JinkoSolar to Build a $500 Million Ingot and Wafer Plant in Vietnam

Daily News Wrap-Up: JinkoSolar to Build a $500 Million Ingot and Wafer Plant in Vietnam

Here are some noteworthy cleantech announcements of the day from around the world: JinkoSolar Holding will invest $500 million to build a monocrystalline ingot and wafer manufacturing facility in Quảng ...
/ / Other, Renewable Energy
664% Year-Over-Year Growth in Open Access Solar Installations in Q2 2021

664% Year-Over-Year Growth in Open Access Solar Installations in Q2 2021

India’s solar open access installations totaled 209 MW in the second quarter (Q2) of 2021, a 664% year-over-year (YoY) increase compared to 27 MW in the same period last year, ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: Delhi Metro Earns ₹195 Million from 3.55 Million Carbon Credits

Daily News Wrap-Up: Delhi Metro Earns ₹195 Million from 3.55 Million Carbon Credits

Here are some noteworthy cleantech announcements of the day from around the world: The Delhi Metro has earned ₹195 million (~$2.64 million) from selling 3.55 million carbon credits collected from ...
/ / Other, Renewable Energy
Solar Asset Management Platform Omnidian Raises $33 Million in Series B Round

Solar Asset Management Platform Omnidian Raises $33 Million in Series B Round

Solar system performance plan provider Omnidian has secured $33 million in a Series B capital raise led by Activate Capital. The company expects to use the fund to expand into ...
/ / Finance and M&A, Other
Thermal Energy Storage Systems Company Sunamp Raises $8 Million

Thermal Energy Storage Systems Company Sunamp Raises $8 Million

From: Mercom Capital Group Sunamp, a provider of thermal energy storage systems, has raised £6 million (~$8.21 million) in Series B funding from the Scottish National Investment Bank. Sunamp plans to ...
/ / Finance and M&A, Other
Plasma Tech Provider 6K Raises $51 Million for Advanced Battery Material Development

Plasma Tech Provider 6K Raises $51 Million for Advanced Battery Material Development

Advanced microwave-based plasma technology provider 6K closed a $51 million Series C financing round led by Volta Energy Technologies. The funding is expected to enable tripling of production capacity for ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Walmart Raises $2 Billion in Inaugural Green Bond Offering

Daily News Wrap-Up: Walmart Raises $2 Billion in Inaugural Green Bond Offering

Here are some noteworthy cleantech announcements of the day from around the world: American retail giant Walmart announced that it has closed its $2 billion inaugural green bond offering. Net ...
/ / Other, Renewable Energy
Machine Learning Can Accelerate Hydrogen Infrastructure Creation

Machine Learning Can Accelerate Hydrogen Infrastructure Creation

A team of materials and computer scientists from  Sandia National Laboratories and international collaborators used computational approaches to elucidate new high-entropy alloys with attractive hydrogen storage properties and direct laboratory ...
/ / Other, Renewable Energy
Developers Worried Over Proposed GST Hike on Solar Modules From 5% to 12%

Developers Worried Over Proposed GST Hike on Solar Components from 5% to 12%

The Goods and Service Tax (GST) Council's recommendation to raise GST on solar components from 5% to 12% has project developers worried about its impact on project costs. The GST ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: Tata Power's Smart Meter Testing Lab Receives NABL Accreditation

Daily News Wrap-Up: Tata Power’s Smart Meter Testing Lab Receives NABL Accreditation

Here are some noteworthy cleantech announcements of the day from around the world: The National Accreditation Board for Testing and Calibration Laboratories (NABL) has accredited Tata Power's Smart Meter Testing ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Bloomberg and Goldman Sachs Launch Climate Innovation Fund

Daily News Wrap-Up: Bloomberg and Goldman Sachs Launch Climate Innovation Fund

Here are some noteworthy cleantech announcements of the day from around the world: Bloomberg Philanthropies and Goldman Sachs launched the Climate Innovation Fund to support sustainable low-carbon economic development in ...
/ / Other, Renewable Energy
Adani Group to Invest $20 Billion in Renewable Energy, Foray into Green Hydrogen (1)

Adani Group to Invest $20 Billion in Renewable Energy, Foray into Green Hydrogen

The Adani Group will invest $20 billion in renewable energy generation and component manufacturing over the next ten years and produce the world's cheapest green electron, its Chairman Gautam Adani ...
/ / Finance and M&A, Other
APTEL Directs DISCOM to Maintain Financial Discipline, Pay Power Generators on Time

APTEL Directs DISCOM to Maintain Financial Discipline, Pay Power Generators on Time

The Appellate Tribunal for Electricity (APTEL), in a recent order, dismissed the application filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and directed the State Electricity Regulatory Commission ...
/ / Other, Wind
Daily News Wrap-Up World's First Long-Range Solar Car Maker has Raised $110 Million (1)

Daily News Wrap-Up: World’s First Long-Range Solar Car Maker has Raised $110 Million

Here are some noteworthy cleantech announcements of the day from around the world: Long-range solar car developer, Lightyear, has announced that it has raised $110 million in funding in 2021 ...
/ / Other, Renewable Energy
India Installs 521 MW of Rooftop Solar Capacity in Q2 2021, the Highest in a Quarter

India Installs 521 MW of Rooftop Solar Capacity in Q2 2021, the Highest in a Quarter

India marked a 53% quarter-over-quarter (QoQ) increase in rooftop solar installations in the second quarter (Q2) of 2021, the highest for any quarter, with 521 MW installations compared to 341 ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: Tender for Long-Term Supply of Ethanol Receives 197 Bids

Daily News Wrap-Up: Tender for Long-Term Supply of Ethanol Receives 197 Bids

Here are some noteworthy cleantech announcements of the day from around the world: The first Expression of Interest (EoI) for a long-term agreement to supply ethanol has received bids from ...
/ / Other, Renewable Energy
Tamil Nadu DISCOM Asked to Pay Interest Dues to Three Wind Energy Generators

Tamil Nadu DISCOM Asked to Pay Interest Dues to Three Wind Energy Generators

The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, directed the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay 1% interest per month for delayed payment to ...
/ / Other, Wind
Daily News Wrap-Up: Rosatom to Build 3 GWh Li-ion Battery Manufacturing Plant

Daily News Wrap-Up: Rosatom to Build 3 GWh Li-ion Battery Manufacturing Plant

Here are some noteworthy cleantech announcements of the day from around the world: Russian state-owned Rosatom State Nuclear Energy (Rosatom) has announced it will build its 3 GWh lithium-ion battery ...
/ / Other, Renewable Energy
Power Finance Corporation Issues India's First-Ever Euro-Denominated Green Bond

Power Finance Corporation Issues India’s First-Ever Euro-Denominated Green Bond

Power Finance Corporation Ltd (PFC), a financial institution under the Ministry of Finance, issued its maiden Euro Green Bond of £300 million (~$353 million) under the U.S. Global Medium Term ...
/ / Finance and M&A, Other
Daily News Wrap-Up POWERGRID Infuses ₹4.07 billion in EESL

Daily News Wrap-Up: POWERGRID Infuses ₹4.07 Billion in EESL

Here are some noteworthy cleantech announcements of the day from around the world: Power Grid Corporation of India, an Indian State-owned electric utility, has infused ₹4.07 billion  (~$55.35 million) in ...
/ / Other, Renewable Energy
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
/ / Mercom Research Focus, Other
EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries

EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries

US-based renewable storage battery manufacturer EnerVenue has raised $100 million in Series A funding led by Schlumberger New Energy. EnerVenue is said to be the first company to bring metal-hydrogen batteries to the ...
/ / Finance and M&A, Other