Abu Dhabi’s IHC to Invest $400 Million in Adani’s Share Offer

Abu Dhabi’s IHC to Invest $400 Million in Adani’s Share Offer

Abu Dhabi’s International Holding Company (IHC) has said it would invest AED1.4 billion ($400 million) through its subsidiary Green Transmission Investment Holding into the Follow-on Public Offer (FPO) of Adani ...
Regulator Allows Solar Developer to Recover Interest on Extra Expenditure

Regulator Allows Solar Developer to Recover Interest on Extra Expenditure

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed Adani Solar Energy Chitrakoot One (ASECOL) to recover the carrying cost of the additional expenditure the company incurred due to the ...
/ / Solar
India’s Top Five Corporate Funding Deals by Solar Companies in 2022 Infographics

India’s Top Five Corporate Funding Deals by Solar Companies in 2022 [Infographics]

Large Indian renewable companies continued attracting various financing types from International investment groups in 2022. Here are the top five corporate funding deals in India during the year: Adani Green ...
Daily News Wrap-Up: Adani Unveils India’s First Large Monocrystalline Silicon Ingot

Daily News Wrap-Up: Adani Unveils India’s First Large Monocrystalline Silicon Ingot

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar has introduced India's first large monocrystalline silicon ingot at its Mundra facility. These ingots will ...
/ / Other, Renewable Energy
Adani Starts Construction of its 30,000 MTPA Polysilicon Manufacturing Facility

Adani Starts Construction of its 30,000 MTPA Polysilicon Manufacturing Facility

Adani Enterprises becomes the first company to start the construction of a polysilicon and monosilane manufacturing facility to be constructed in Mundra, Gujarat. State-owned construction and engineering company Engineers India ...
/ / Manufacturing, Solar
Adani Partners with Cavendish Renewables to Develop Hydrogen Electrolyzer Tech

Adani Partners with Cavendish Renewables to Develop Hydrogen Electrolyzer Tech

Adani New Industries, the manufacturing and green hydrogen platform of the Adani Group, has signed a development and licensing agreement with Melbourne-based hydrogen technology company Cavendish Renewable Technology (CRT). The ...
/ / Other, Renewable Energy
Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

Jinko, Trina, JA Solar, LONGi, Adani Top Solar Module Suppliers in 1H 2022

Jinko Solar, Trina Solar, JA Solar, LONGi Solar, and Adani Solar were the leading module suppliers to the Indian solar market in the first half (1H) of the calendar year ...
/ / Mercom Research Focus, Solar
Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus an additional 500 MW under the ...
Adani Green Commissions 600 MW Solar-Wind Hybrid Power Project in Rajasthan

Adani Green Commissions 600 MW Solar-Wind Hybrid Power Project in Rajasthan

Adani Green Energy (AGEL) has commissioned a 600 MW interstate transmission system (ISTS) connected wind-solar hybrid power project in Jaisalmer, Rajasthan. The hybrid power project has been developed under two ...
/ / Other, Renewable Energy
Daily News Wrap-Up: First Solar to Supply 600 MW of Thin Film Solar Modules to Azure Power

Daily News Wrap-Up: First Solar to Supply 600 MW of Thin Film Solar Modules to Azure Power

Here are some noteworthy cleantech announcements of the day from around the world: First Solar announced that it has signed an agreement to supply 600 MWdc of its high-performance, advanced ...
/ / Other, Renewable Energy
Daily News Wrap-Up Intel to Raise $1.25 Billion Through Green Bonds

Daily News Wrap-Up: Intel to Raise $1.25 Billion Through Green Bonds

Here are some noteworthy cleantech announcements of the day from around the world: Intel announced the pricing of its inaugural green bond issuance totaling $1.25 billion. The net proceeds of ...
/ / Other, Renewable Energy
Adani Green Registers a 57% YoY Rise in Revenue in Q1 FY2023

Adani Green Registers a 57% YoY Rise in Revenue in Q1 FY2023

Renewable energy company Adani Green Energy (AGEL) has generated revenue of ₹13.28 billion (~$168.72 million) from the sale of energy in the first quarter (Q1) of the financial year (FY) ...
/ / Other, Renewable Energy
Innovative Tenders by SECI Address Peak Power and RTC Supply Concerns (1)

Innovative Tenders by SECI Address Peak Power and RTC Supply Concerns

The Solar Energy Corporation of India (SECI) was created in 2011 to implement the National Solar Mission and ensure robust project development. SECI, through its various tenders, has played a ...
/ / Markets & Policy, Solar
Daily News Wrap-Up Andhra Pradesh Issues Levelized Tariff for Rooftop Solar

Daily News Wrap-Up: Andhra Pradesh Issues Levelized Tariff for Rooftop Solar

Here are some noteworthy cleantech announcements of the day from around the world: The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) issued the levelized tariff for the ...
TotalEnergies to Acquire Stake in Adani Group Company to Produce Green Hydrogen

TotalEnergies to Acquire Stake in Adani Group Company to Produce Green Hydrogen

French oil and gas major TotalEnergies announced that it signed an agreement with Adani Enterprises to acquire a 25% interest in Adani New Industries (ANIL) to produce and commercialize green ...
/ / Finance and M&A, Other
Rajasthan to Allot 2,397 Hectares of Land to Adani for a 1 GW Solar Project

Rajasthan to Allot 2,397 Hectares of Land to Adani for a 1 GW Solar Project

The Rajasthan Cabinet has decided to allot 2,397.54 hectares of government land in Bandha village of Jaisalmer district to Adani Renewables’ special purpose vehicle — Adani Renewable Energy Holding Four, ...
/ / Solar, Utility Scale
Adani Green’s 390 MW Wind-Solar Hybrid Project With Tariff of ₹2.69kWh Commissioned

Adani Green’s 390 MW Wind-Solar Hybrid Project With Tariff of ₹2.69/kWh Commissioned

Adani Hybrid Energy Jaisalmer One, a subsidiary of Adani Green Energy (AGEL), has commissioned a 390 MW wind-solar hybrid power generation project in Jaisalmer, Rajasthan. The project is part of ...
Daily News Wrap-Up: Anti-Dumping Probe on Imported Solar Cells Extended Until August 31

Daily News Wrap-Up: Anti-Dumping Probe on Imported Solar Cells Extended Until August 31

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Finance notified the extension of the time limit to complete the anti-dumping investigation concerning ...
LONGi, Jinko, and JA Solar Top the Module Suppliers List in 2021

LONGi, Jinko, and JA Solar Top the Module Suppliers List in 2021

LONGi Solar, Jinko Solar, JA Solar, Adani Solar, and Trina Solar were the leading module suppliers to the Indian solar market in the calendar year (CY) 2021. The three companies ...
Daily News Wrap-Up NHPC Awards 1 GW Solar EPC Contacts to Adani, Tata, Shirdi Sai

Daily News Wrap-Up: NHPC Awards 1 GW Solar EPC Contracts to Adani, Tata, Shirdi Sai

Here are some noteworthy cleantech announcements of the day from around the world: NHPC Limited awarded engineering procurement and construction contracts worth ₹66.04 billion (~$851.72 million) to develop 1 GW ...
Daily News Wrap-Up: THDC signs an MoU with RRECL to develop 10 GW of solar projects in Rajasthan

Daily News Wrap-Up: THDC to Develop 10 GW of Solar Projects in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world: THDC India has signed a memorandum of understanding (MoU) with Rajasthan Renewable Energy Corporation Limited (RRECL) to ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Adani Power Looks at De-Carbonizing its Coal-Fired Assets

Daily News Wrap-Up: Adani Power Looks at De-Carbonizing its Coal-Fired Assets

Here are some noteworthy cleantech announcements of the day from around the world: Adani Power Limited, IHI Corporation, and Kowa Company have signed a memorandum of understanding (MoU) to study ...
/ / Other, Renewable Energy
https://mercomindia.com/daily-news-wrap-up-azure-refinances-solar-project/

Daily News Wrap-Up: Azure Power Refinances its 600 MW ISTS-Connected Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer Azure Power has refinanced its existing project finance facility of ₹23.50 billion (~$313 million) ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Battery Storage Company Zenobe Secures £241 Million Debt

Funding and M&A Roundup: Battery Storage Company Zenobe Secures £241 Million Debt

From: Mercom Capital Group Zenobe Energy (formerly Battery Energy Storage Solutions), a developer, operator, and owner of battery storage assets in the U.K., has secured a multi-source debt structure of ...
/ / Finance and M&A, Other
Adani Green Energy Subsidiaries Raise ₹6.12 Billion for Debt Refinancing

Adani Green Energy Subsidiaries Raise ₹6.12 Billion for Debt Refinancing

Three subsidiaries of Adani Green Energy (AGEL) – Adani Green Energy (UP), Prayatna Developers, and Parampujya Solar Energy have raised ₹6.123 billion (~$82.04 million) by their maiden domestic bond issuance ...
/ / Finance and M&A, Other