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Daily News Wrap-Up: MNRE Allows Solar Mini Grid Installations for Tribal Areas

The Ministry of New and Renewable Energy has amended the guidelines for the implementation of the solar power program for particularly vulnerable tribal group...

March 28, 2024

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Recurrent Energy Acquires 420 MW Solar Portfolio in Spain

From: Mercom Capital Group Recurrent Energy, a global developer, owner, and operator of solar and energy storage and a subsidiary of Canadian Solar, announced the...

March 27, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Lucknow’s Solar Project Management Consultancy Tender

The Lucknow Solar Power Development Corporation (LSPDCL) has floated a tender seeking consultancy firm to establish a project management unit to assist in the...

March 27, 2024

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Enapi Raises $2.7 Million in Pre–Seed Funding

From: Mercom Capital Group Enapi, a provider of EV charging solutions, announced the closing of its €2.5 million (~$2.7 million) pre-seed funding round provided by...

March 27, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: NTPC’s 3 GW FDRE-II Auction Result

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...

March 26, 2024

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Mercom Staff

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Daily Wrap-up
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Axis, ReNew, Juniper, Serentica, TPREL Win NTPC’s 3 GW FDRE-II Auction

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power (ReNew) won...

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 Global Renewable Energy Capacity Additions Falling Short of Target: IRENA

Achieving the target set at COP28 in Dubai last year of tripling renewable energy capacity by 2030 is contingent on global determination, policy support, and investment...

March 22, 2024

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Mercom Staff

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Twelfth Annual Integrated DISCOM Ratings

The Ministry of Power‘s twelfth annual integrated ratings of power distribution companies (DISCOMs) have revealed notable shifts in financial and operational performance....

March 22, 2024

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Mercom Staff

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Daily Wrap-up
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Europe’s Grids Underestimate Wind and Solar Potential: Report

Integrating renewable energy sources in Europe’s energy landscape is crucial to achieving sustainability and combating climate change. However, a recent report by...

March 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Grasim Secures ₹12.5 Billion Investment from IFC for Decarbonization Initiatives

Grasim Industries, an Aditya Birla Group company, has announced an investment of ₹12.5 billion (~$150.3 million) from the International Finance Corporation (IFC), the...

March 21, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Maharashtra’s Tender for 1 GW Pumped Hydro Storage Capacity

The Maharashtra State Electricity Distribution Company has issued a request for selection to procure 1,000 MW of energy storage capacity for 40 years from inter or...

March 21, 2024

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Li-Cycle Secures $75 Million Strategic Investment

From: Mercom Capital Group Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate...

March 20, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: NTPC’s 1.5 GW Tranche II Solar Auction Winners Revealed

Furies Solren (Mahindra Susten), JSW Neo Energy (JSW Energy), and Avaada Energy have won NTPC’s auction to set up 1,500 MW of interstate transmission system...

March 20, 2024

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Mercom Staff

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Daily Wrap-up
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Climate Tech Startup Sprih Secures $3 Million Funding for Global Expansion

Carbon emissions management platform Sprih recently raised $3 million in a seed funding round led by Leo Capital.The funds will be used to fuel the company’s sales and...

March 19, 2024

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Mercom Staff

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Finance and M&A

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Other
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CESL Invites Bids for 3,132 Electric Buses Under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL) has invited bids to select an operator for the procurement, supply, operation, and maintenance of 3,132 electric buses (e-bus)...

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