Other

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Clean Energy Tech Firm Ecozen Raises $30 Million for Global Expansion

Ecozen, a Pune-based startup focused on clean technology solutions for agriculture, has raised $30 million in a new funding round to accelerate its growth and global...

April 19, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Application Process for ALMM Inclusion and Renewal

The recent reimposition of the Approved List of Models and Manufacturers (ALMM) regulation by the Ministry of New and Renewable Energy (MNRE) has once again raised...

April 19, 2024

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Mercom Staff

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Daily Wrap-up
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Australia Adds 5.9 GW of Renewable Capacity to the Grid in 2023

According to the Clean Energy Council (CEC), Australia added 5.9 GW of renewable capacity to the grid in 2023, up from 5 GW in 2022. Rooftop solar contributed 3.1 GW,...

April 19, 2024

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Arjun Joshi

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Other

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Renewable Energy
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POWERGRID Wins Contracts to Evacuate 18 GW of Renewable Energy

Government-owned power transmission utility Power Grid Corporation of India (POWERGRID) has won the contracts to establish three inter-state transmission systems (ISTS)...

April 18, 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: NTPC’s 1 GW Wind-Solar Hybrid Auction

Sprng Energy, AMPIN Energy Transition, Juniper Green Energy, ReNew Solar Power, and Avaada Energy have won NTPC’s auction for the supply of 1,000 MW power from...

April 18, 2024

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Mercom Staff

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Daily Wrap-up
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Biofuels Firm GPS Renewables Raises $50 Million in Debt Financing

Bengaluru-based biofuels firm GPS Renewables has secured $50 million in debt financing from a consortium of banks and non-banking financial companies to accelerate the...

April 17, 2024

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Staff

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Biofuel
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Funding and M&A Roundup: Nexamp Secures $520 Million

From: Mercom Capital Group Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside...

April 17, 2024

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Staff

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Finance and M&A

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Other
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Doubling Transmission Capacity of Existing Grid Through Reconductoring: Report

Advances in grid technologies offer promising solutions to augment the existing transmission infrastructure swiftly and cost-effectively. One such solution highlighted...

April 16, 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: BJP, Congress Bet Big on Renewables in Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 16, 2024

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Mercom Staff

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Daily Wrap-up
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BJP, Congress Bet Big on Renewables in 2024 Election Manifestos

Ahead of the seven-phase elections to the Lok Sabha, India’s lower house of Parliament, starting April 17, 2024, the two major political parties in the fray have...

April 15, 2024

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B.S. Nagaraj

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Other

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Renewable Energy
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Daily News Wrap-Up: REIL Invites Bids for 200,000 Mono PERC Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the state of Rajasthan, has invited bids for the supply of 200,...

April 15, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: MNRE Adds 4.1 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity. The...

April 12, 2024

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Mercom Staff

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Daily Wrap-up
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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: REC Records Highest-Ever Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year 2023-24, a...

April 11, 2024

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Mercom Staff

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Daily Wrap-up
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REC Records Six-Fold Jump in Renewable Energy Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year (FY) 2023-24,...

April 10, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy

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