Other

thumbnail
JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%

Independent power producer JSW Energy reported a net profit of ₹3.43 billion (~$41.07 million), a jump of 22% year-over-year (YoY) in the fourth quarter (Q4) of the...

May 8, 2024

/

Arjun Joshi

/

Finance and M&A

,

Renewable Energy
thumbnail
Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears

Solid Power, which develops solid-state battery technology for electric vehicles, reported a net loss for the first quarter (Q1) of 2024 that widened to $21.2 million...

thumbnail
Fuel Cell Firm Ballard Posts $14.5 Million Revenue, Proposes New 3 GW Facility

Fuel cell manufacturer Ballard Power Systems recorded a net loss from continuing operations in the first quarter (Q1) of 2024 amounted to $41.1 million, recording an...

May 8, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
REMC Floats Tender for Health Assessment of 26 MW Wind Project in Rajasthan

Railway Energy Management Company (REMC), a joint venture between RITES and the Ministry of Railways, has invited bids to hire consultancy services for conducting a...

May 8, 2024

/

Staff

/

Tenders and Auctions
thumbnail
Meghalaya Allows Green Open Access for Consumers with 100 kW Load

Consumers with a minimum contracted demand or sanctioned load of 100 kW can access Green Energy Open Access, according to the Meghalaya State Electricity Regulatory...

thumbnail
Funding and M&A Roundup: Scout Clean Energy Secures $100 Million

From: Mercom Capital Group Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, announced the closing of a $100 million equipment supply...

May 8, 2024

/

Staff

/

Finance and M&A

,

Other
thumbnail
Daily News Wrap-Up: Andhra Pradesh Green Energy Access Rules 2024

The Andhra Pradesh Electricity Regulatory Commission has adopted the Green Energy Open Access, Charges, and Banking Regulations, 2024. The regulations apply to granting...

May 8, 2024

/

Mercom Staff

/

Daily Wrap-up
thumbnail
AMPIN Energy Secures $35 Million from responsAbility to Fund Expansion Plans

Independent power producer AMPIN Energy Transition has secured funding of up to $35 million from responsAbility, an investor focusing on private markets, to help AMPIN...

May 7, 2024

/

Gautamee Hazarika

/

Markets & Policy

,

Renewable Energy
thumbnail
Daily News Wrap-Up: India’s Solar Market Sees New Leaders in 2023

India’s solar market witnessed the emergence of new leaders in the calendar year 2023, according to Mercom’s recently released India Solar Market Leaderboard 2024,...

May 7, 2024

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Falling Battery Prices Hurt Stem’s Q1 Revenue, Loss Widens by 61%

Smart energy storage company Stem reported a net loss of $72.3 million for the first quarter of 2024, up 61% from the net loss of $44.8 million last year, as extended...

May 6, 2024

/

Staff

/

Finance and M&A
thumbnail
Daily News Wrap-Up: Rajasthan’s 8 GW Solar Tender

Rajasthan Urja Vikas and IT Services has invited bids from developers to set up 8,000 MW solar power projects in the state. The last date for the submission of bids is...

May 6, 2024

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Brookfield to Set Up 10.5 GW Renewable Projects for Microsoft as AI Drives Demand

Canada-based Brookfield Asset Management, along with Brookfield Renewable Partners, has signed a global framework agreement with tech giant Microsoft to develop over 10....

May 6, 2024

/

Staff

/

Renewable Energy
thumbnail
Adani Green’s Q4 Net Profits Up by 21% as CUF from New Projects Surge

Renewable energy company Adani Green Energy (AGEL) generated revenue of ₹28.06 billion (~$336.29 million) in the fourth quarter (Q4) of the financial year (FY) 2023-24,...

May 3, 2024

/

Gautamee Hazarika

/

Markets & Policy

,

Renewable Energy

,

Solar

,

Wind
thumbnail
Green Energy Trade at IEX Up by 44% in April, REC Prices Plummet by 80%

The Indian Energy Exchange (IEX) traded 402 million units (MU) of green energy in April 2024, a 44% year-over-year (YoY) increase from 280 MU. The Exchange, in total,...

May 3, 2024

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Indian Oil to Set Up Subsidiary to Deploy 1 GW Renewable Energy Projects

Indian Oil Corporation (IOCL) has decided to form a wholly-owned subsidiary to undertake low-carbon, clean, and green energy businesses with an equity investment of ₹13....

May 3, 2024

/

Staff

/

Renewable Energy

1

2

3

...

305