IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Here are some noteworthy cleantech announcements of the day from around the world: United States Secretary of Energy Jennifer Granholm launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative ...
Delhi Reels Under Rising Pollution Levels and Soaring Mercury

Delhi Reels Under Rising Pollution Levels and Soaring Mercury

On Wednesday, June 9, 2021, temperatures in Delhi peaked at 42.2° Celsius as the heatwave gripped the nation’s capital. With high temperatures before the onset of monsoon being quite a ...
/ / Other, Renewable Energy
Daily News Wrap-Up ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Daily News Wrap-Up: ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Here are some noteworthy cleantech announcements of the day from around the world: The Competition Commission of India has approved the exchange of equity shareholding by existing shareholders of ReNew ...
Consider USD-INR Exchange Rate Escalation for Round-The-Clock Renewable Bid NSEFI

Consider USD-INR Exchange Rate Escalation for Round-The-Clock Renewable Bid: NSEFI

The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, wrote to the Ministry of Power (MoP) to consider the U.S. dollar ...
/ / Other, Renewable Energy
Daily News Wrap-up Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai

Daily News Wrap-up: Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power announced that over 37 of its commercial customers with consumption of more than 19 MUs ...
/ / Other, Renewable Energy
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

The Indian Energy Exchange (IEX) traded 194 million units (MU) of solar in May, a 149% increase compared to the 78 MU traded in April 2021. The Exchange traded 6,540 ...
/ / Other, Renewable Energy
Uttar Pradesh Regulator Sets Tariff for a Biomass Project (1)

Uttar Pradesh Regulator Sets Tariff for a Biomass Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, set a tariff of ₹5.56 (~$0.076)/kWh to procure power from a 12.5 MW biomass project from the date of ...
Daily News Wrap-Up Sembcorp Raises $302 Million in a Green Bond Offering

Daily News Wrap-Up: Sembcorp Raises $302 Million in a Green Bond Offering

Here are some noteworthy cleantech announcements of the day from around the world: Renewable energy company Masdar and Abu Dhabi Airports have announced the completion of Abu Dhabi's largest solar-powered ...
/ / Other, Renewable Energy
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Daily News Wrap-Up: SGH2 Signs Green Hydrogen Deals to Decarbonize California

Here are some noteworthy cleantech announcements of the day from around the world: SGH2 Energy has signed a green hydrogen contract with two California-based operators of hydrogen refueling stations. The ...
Funding and M&A Roundup NEXT Energy Technologies Closes $13.4 Million Series C Funding

Funding and M&A Roundup: NEXT Energy Technologies Closes $13.4 Million Series C Funding

NEXT Energy Technologies, makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced that it had raised $13.4 million in a Series C round ...
/ / Other, Renewable Energy
Project Finance Brief bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy

Project Finance Brief: bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy

bp, a multinational oil, and gas company reached an agreement to purchase 9 GW of solar development projects in the U.S. from independent solar developer 7X Energy. The deal will ...
/ / Other, Renewable Energy
Daily News Wrap-Up Tata Power Solar to Build a 210 MW Solar Project for NTPC

Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
Month in a Minute Top Headlines from Indian Renewable Sector in May 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in May 2021

Here is a recap of some of the most important headlines from May 2021: In the first quarter (Q1) of the calendar year (CY) 2021, India generated about 17.5 BU ...
/ / Other, Renewable Energy
Germany Installed 619 MW of New Solar Capacity in April 2021

Germany Installed 619 MW of New Solar Capacity in April 2021

According to the latest numbers announced by the German Federal Network Agency Agency Bundesnetzagentur, the country's solar PV installations in April 2021 totaled 619.5 MW, an increase of 59 MW (10.5%) compared to ...
/ / Other, Renewable Energy
Daily News Wrap-Up Electric Vehicles Exempt From Registration Renewal Fee

Daily News Wrap-Up: Electric Vehicles Exempt from Registration Renewal Fee

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Road Transport and Highways under the Government of India has proposed to exempt battery-operated ...
CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

The Central Electricity Regulatory Commission (CERC), in a recent order, approved an imported coal-based thermal power generator's request for compensation for the additional expenses incurred due to the increase in ...
Daily News Wrap-Up Engie Commissions 60 MW of Solar Projects in Senegal

Daily News Wrap-Up: ENGIE Commissions 60 MW of Solar Projects in Senegal

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE, Meridiam, and FONSIS have announced the commissioning of two photovoltaic projects in Senegal with a total ...
The Path to Achieve 100% Renewable Electric Grid in the US

The Path to Achieve 100% Renewable Electric Grid in the US

Recent studies in the United States, such as the Los Angeles 100% Renewable Energy Study (LA100), have made a case that 100% renewable power grids are feasible. With the Biden ...
Daily News Wrap-Up Joint Venture Power4Future to Make Lithium-Ion Batteries in Italy

Daily News Wrap-Up: Joint Venture Power4Future to Make Lithium-Ion Batteries in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Italy-based Fincantieri SI, an integrator of electric propulsion systems and complex electromechanical systems, and Faist Electronics have ...
Daily News Wrap-Up Energy Storage Advocacy Network Launched

Daily News Wrap-Up: Energy Storage Advocacy Network Launched

Here are some noteworthy cleantech announcements of the day from around the world: The Solar Energy Industries Association (SEIA) has announced a new venture to prioritize energy storage across policy ...
Off-Grid Solar Product Sales in India Dip 48% YoY in H2 2020 GOGLA

Off-Grid Solar Product Sales in India Dip 48% YoY in H2 2020: GOGLA

The Global Off-Grid Lighting Association (GOGLA) has published its latest off-grid solar market semi-annual sales and impact report. The data used has been collated from July to December 2020. The ...
Daily News Wrap-Up: $68 Million Hydrogen Industry Mission Launched in Australia

Daily News Wrap-Up: $68 Million Hydrogen Industry Mission Launched in Australia

Here are some noteworthy cleantech announcements of the day from around the world: Australian government research agency CSIRO and its partners have launched a $68 million Hydrogen Industry Mission. The ...
Vena Energy Secures $500 Million Green Credit Facility from Eight Lenders

Vena Energy Secures $500 Million Green Credit Facility from Eight Lenders

Renewable independent power producer Vena Energy has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (~$500 million) from eight lenders. A revolving credit facility is a line of ...