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Project Finance Brief: BayWa r.e. Sells 517 MW Solar Projects

From: Mercom Capital Group BayWa r.e., a renewable energy project developer, announced the sale of three solar projects totaling 517 MWdc to a privately held renewable...

November 27, 2024

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Staff

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Uncategorized
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Central Railway Invites Bids for 1.24 MW Rooftop Solar System in Bihar

The Sonpur Division (Electrical) of Central Railway has invited bids to set up a 1.24 MW rooftop solar system in Bihar through a public-private partnership. The power...

November 25, 2024

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Tina Freese

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Uncategorized
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Haryana Awards Contracts for 17,458 Solar Water Pumps Under PM KUSUM

Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts to supply, install, and commission 17,458 solar water pumping systems under Component B of the...

November 8, 2024

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Arjun Joshi

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Uncategorized
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Funding and M&A Roundup: Recurrent Energy Closes $500 Million Investment

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, has announced BlackRock’s...

October 9, 2024

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Staff

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Uncategorized
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Karnataka Introduces Deviation Mechanism for Unscheduled Power Usage

The Karnataka Electricity Regulatory Commission (KERC) has issued draft regulations to balance power generation and consumption and minimize deviations from scheduled...

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EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round

Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office...

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Waaree Energies Gets SEBI Nod for ₹30 Billion IPO  

Mumbai-based manufacturer of solar PV modules Waaree Energies has received approval from the Securities and Exchange Board of India (SEBI) to float its initial public...

September 24, 2024

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Tina Freese

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Finance and M&A

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Solar

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Uncategorized
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PGCIL Invites Bids for 20.68 MW Rooftop Solar Projects in 8 States

Power Grid Corporation of India (PGCIL) has floated a tender for setting up rooftop solar systems with a cumulative capacity of 20.68 MW on its buildings and of other...

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Sembcorp Begins Work on Project to Export Green Ammonia to Japan

Singapore-based Sembcorp Industries has commenced work on a green ammonia project in Tuticorin, Tamil Nadu. The company intends to export 200,000 MTPA green ammonia to...

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India $100 Billion Short of IEA’s Net-Zero Pathway by 2030, says EY

India has made strides in expanding its renewable energy capacity over the past year, but a funding gap of over $100 billion could still derail it from meeting...

June 21, 2024

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Arshreet Singh

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Renewable Energy

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Uncategorized
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Funding and M&A Roundup: Origis Energy Secures $300 Million Funding from KKR

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, secured a $300 million corporate credit...

May 22, 2024

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Staff

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Uncategorized
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India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report

India’s power sector emissions rose 7.2% in 2023 from the previous year as a decline in hydropower generation due to droughts, particularly in the second half of...

May 10, 2024

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Arshreet Singh

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Uncategorized
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Project Finance Brief: energyRe Secures $240 Million for Solar and Storage Project

From: Mercom Capital Group energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax...

May 8, 2024

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Staff

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Uncategorized
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IOC Floats Tender for 10 KTA Green Hydrogen Unit at Panipat Facility

Indian Oil Corporation (IOC) has issued a tender for a green hydrogen generation unit (GHGU) of 10 KTA capacity on a build-own-operate (BOO) basis at its Panipat...

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