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
US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years

US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years

Annual energy consumption from renewable sources in the United States in 2019 exceeded coal consumption for the first time since 1885, according to the U.S. Energy Information Administration’s (EIA) ‘Monthly ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ KPI Global Signs PPAs to Sell Solar Power to Two Industrial Customers

Daily News Wrap-Up: KPI Global Signs PPAs to Sell Solar Power to Two Industrial Customers

Here are some noteworthy cleantech announcements of the day from around the world: TP Renewable Microgrid, a wholly-owned subsidiary of Tata Power, has commissioned its 100th solar microgrid project in ...
/ / Other, Renewable Energy
DISCOMs Dues to Renewable Generators Rise to ₹118.6 Billion in November

DISCOMs Dues to Renewable Generators Rise to ₹118.6 Billion in November

Distribution Companies (DISCOMs) owed renewable energy generators ₹118.6 billion (~$1.6 billion) in overdue payments (excluding disputed amounts) across 452 invoices at the end of November 2020, according to data from ...
/ / Other
Bids Invited for Hydrogen Fuel Cell-Based Hybrid Train Between Kalka and Shimla

Bids Invited for Hydrogen Fuel Cell-Based Hybrid Train Between Kalka and Shimla

The Indian Railways Organization for Alternate Fuels (IROAF) has invited bids to develop a hydrogen fuel cell-based hybrid power train for retrofitting the 700 HP diesel-hydraulic locomotives running on the ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in December 2020

Month in a Minute: Top Headlines from Indian Renewable Sector in December 2020

Here is a recap of some of the most important headlines from December 2020: The Ministry of Environment, Forest and Climate Change has constituted a high-level inter-ministerial Apex Committee to ...
/ / Other, Renewable Energy
DISCOMs Must Pay Existing Renewable Developers On Time to Attract New Competitive Bids

DISCOMs Must Pay Existing Renewable Developers On Time to Attract New Competitive Bids

The Maharashtra Electricity Regulatory Commission (MERC) recently heard the petition of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to relax penalty for unmet renewable purchase obligation (RPO) targets and ...
/ / Other, Renewable Energy
Companies Expect a Phenomenal Year for Electric Vehicles in 2021_ Industry Reacts

Companies Expect a Phenomenal Year for Electric Vehicles in 2021: Industry Reacts

The manufacturing and sales activity were impacted by COVID-19 in the Electric Vehicle (EV) segment in India in the first half of 2020 due to a lengthy lockdown and exodus ...
Project Finance Brief_ Capital Dynamics Buys 100% Stake in a 175 MW Solar Project

Project Finance Brief: Capital Dynamics Buys 100% Stake in a 175 MW Solar Project

Sonnedix Japan, an independent solar power producer, on behalf of the Sonnedix Group, completed the acquisition of a 55.6 MW ground-mounted solar PV project. The project, located in  Hitachi City, ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ ORIX to Acquire Elawan Energy for $965 Million

Funding and M&A Roundup: ORIX to Acquire Elawan Energy for $965 Million

7C Solarparken, a solar project developer, has reached an agreement with the German wind power operator EnerVest AG to purchase EnerVest Belgium, a company focused on project development and asset ...
/ / Other, Renewable Energy
Battery Technology Company Romeo Power Goes Public in a $900 Million SPAC Deal

Battery Technology Company Romeo Power Goes Public in a $900 Million SPAC Deal

The California-based battery technology company, Romeo Power, announced that it has completed its 'business combination' with RMG Acquisition, becoming a public entity in the process. RMG Acquisition is a special ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ BHEL Wins ₹32 Billion Work Orders for Hydro Turbines and Pumpsets

Daily News Wrap-Up: BHEL Wins ₹32 Billion Work Orders for Hydro Turbines and Pumpsets

Here are some noteworthy cleantech announcements from around the world: LG Electronics announced its plans to set up a joint venture (JV) with Canada-based automotive supplier Magna International to manufacture electric motors, inverters, and ...
EPC Tender Floated for Two Small Hydropower Projects of 10 MW in Darjeeling

EPC Tender Floated for Two Small Hydropower Projects of 10 MW in Darjeeling

The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for the development of a 10 MW (2 x 5 MW) small hydroelectric project in Lodhama in Darjeeling ...
/ / Other, Water
Daily News Wrap-Up_ Adani Green Commissions 100 MW Solar Project in Gujarat

Daily News Wrap-Up: Adani Green Commissions 100 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Kutch Two, a wholly-owned subsidiary of Adani Green Energy (AGEL), has commissioned a 100 ...
/ / Other, Renewable Energy
Top Developments That Influenced the Rooftop Solar Sector in 2020

Top Developments That Influenced the Rooftop Solar Segment in 2020

Rooftop solar is still one of the easiest ways for consumers to go solar. Compared to utility-scale solar, the rooftop solar segment was especially hard hit from COVID-19 this year, ...
Daily News Wrap-Up_ Vikram Solar Commissions a 10 MW Solar Project in West Bengal

Daily News Wrap-Up: Vikram Solar Commissions a 10 MW Solar Project in West Bengal

Here are some noteworthy cleantech announcements of the day from around the world: Vikram Solar, a solar module manufacturer and EPC solutions provider, has commissioned a 10 MW solar project ...
/ / Other, Renewable Energy
Coal India to Set Up Integrated Solar Wafer Manufacturing Facility

Daily News Wrap-Up: Himachal Pradesh Allots 501 MW of Hydroelectric Projects to SJVN

Here are some noteworthy cleantech announcements of the day from around the world: Himachal Pradesh Government has allocated 501 MW of hydroelectric projects to state-owned power producer SJVN. The 104 ...
/ / Other, Renewable Energy
2020 A Look Back_ Developments that Shaped the Solar Sector

2020 A Look Back: Developments that Shaped the Solar Sector

2020 took off with high expectations, with Mercom projecting over 8 GW in solar installations for the year right before the COVID-19 pandemic hit. After the lockdown in March, development ...
/ / Mercom Research Focus, Other
Greece Approves €2.02 billion for Developing 2.81 GW of Renewable Energy Projects

Greece Approves €2.02 Billion for Developing 2.81 GW of Renewable Energy Projects

Greece has approved a budget of €2.02 billion (~$2.47 billion) to develop four renewable energy projects totaling 2.81 GW. Greece’s Interministerial Strategic Investment Committee approved an investment worth €888.13 million ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ IFC Approves $265 Million to Promote Electric Vehicles in Brazil

Daily News Wrap-Up: IFC Approves $265 Million to Promote Electric Vehicles in Brazil

Here are some noteworthy cleantech announcements of the day from around the world: Pacific Gas and Electric Company has requested approval from the California Public Utilities Commission for six additional ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Accenture to Invest in a Smart Grid Company

Funding and M&A Roundup: Accenture to Invest in a Smart Grid Company

8minute Solar Energy, a privately-held developer of solar PV and storage projects in the U.S., has significantly upsized that facility to a total of $350 million with support from new ...
/ / Finance and M&A, Other
Project Finance Brief Dubai’s 2 GW Solar Project Achieves Financial Closure

Project Finance Brief: Abu Dhabi’s 2 GW Solar Project Achieves Financial Closure

ReneSola Power, a solar project developer, entered into an agreement to sell two ground-mounted solar projects in Romania with a combined capacity of 15.4 MW to Alternus Energy Group, an ...
/ / Finance and M&A, Other
Gold Miners Need to Cut Harmful Emissions by 80% by 2050 to Meet Paris Climate Goals

Gold Miners Need to Cut Harmful Emissions by 80% by 2050 to Meet Paris Climate Goals

Gold miners need to shift rapidly to renewable power generation sources to decarbonize the sector to be in line with the Paris Agreement's global warming target of 1.5°C, the World ...
/ / Other, Renewable Energy