clean-energy

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Global Clean Energy Sector Added 1.5 Million Jobs in 2023: IEA Report

Energy job growth was fuelled by record levels of investment across a wide range of energy sources in the wake of the global energy crisis. Job growth in clean energy...

November 18, 2024

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Staff

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Markets & Policy

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Solar

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Wind
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Shoals’ Revenue Drops 23.9% in Q3 2024 Amid Project Delays and Supply Chain Issues

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage and emobility, reported a 23.9%...

November 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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India’s Clean Energy Sector Sees IPO Boom, More Set for 2025

It’s been a busy year for IPOs in the clean energy sector in India. Two leading renewable energy companies—Premier Energies and Waaree Energies—raised about $850 million...

November 5, 2024

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B.S. Nagaraj

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Renewable Energy
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Daily News Wrap-Up: Rajasthan Announces Incentives for RE Projects

The Rajasthan Investment Promotion Scheme 2024, announced by the state government recently, offers a slew of incentives to boost investments in renewable energy, battery...

October 23, 2024

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Mercom Staff

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Daily Wrap-up
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Clean Power to Outpace Global Electricity Demand Growth by 20% by 2030: IEA

Clean power generation is expected to surpass global electricity demand growth by 20% between 2023 and 2030, according to the 2024 edition of the World Energy Outlook by...

October 22, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Solar Corporate Funding Drops 23% to $22.3 Billion in 9M 2024

Total corporate funding, including venture capital (VC), public market activity, and debt financing for the solar sector, reached $22.3 billion in the first nine months...

October 21, 2024

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Gautamee Hazarika

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Finance and M&A

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Mercom Research Focus

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Solar
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IBM Acquires Renewable Energy Asset Management Platform Prescinto

IBM has announced its acquisition of Prescinto, a software-as-a-service (SaaS) provider for renewable energy asset performance management (APM). The acquisition will...

October 15, 2024

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Gautamee Hazarika

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Finance and M&A

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Renewable Energy
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Oriano Wins EPC Contract for 184 MW Solar Projects in Madhya Pradesh

Renewable energy engineering, procurement, and construction (EPC) services provider Oriano Clean Energy has been awarded an EPC contract to build 184 MW solar projects...

October 14, 2024

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Tina Freese

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Solar

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Tenders & Auctions
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Solar Represents 44% of Global Renewable Energy Jobs: IRENA

The global renewable energy workforce grew to 16.2 million in 2023 from 13.7 million in 2022, the International Renewable Energy Agency (IRENA) has said in its Renewable...

October 8, 2024

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Tina Freese

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Solar

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Wind
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Designing Resilient Solar Trackers for Highly Corrosive Geographies

Solar tracker technology has advanced considerably in the past decade. Trackers play an important role in helping the world transition to cleaner energy sources. They...

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Gujarat Sets Additional Surcharge of ₹0.93/kWh for Open Access Consumers

The Gujarat Electricity Regulatory Commission (GERC) has set an additional surcharge of ₹0.93 (~$0.011)/kWh for the consumers of four state-owned distribution companies...

September 27, 2024

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Tina Freese

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Markets & Policy

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Renewable Energy
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WTO Sets Up Panel to Resolve China-US Dispute Over Clean Energy Subsidies

China’s clash with the U.S. over the latter’s clean energy subsidies under the Inflation Reduction Act (IRA) has taken a formal turn, with the World Trade...

September 26, 2024

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B.S. Nagaraj

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Energy Storage

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Renewable Energy

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Solar

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Wind
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India, US to Raise $1 Billion for Clean Energy Manufacturing Capacity

India and the U.S. are working to unlock $1 billion in multilateral finance through the International Bank for Reconstruction and Development (IBRD) to support...

September 23, 2024

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Tina Freese

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Renewable Energy
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Renewable Energy Adoption by C&I Units Growing in India

Renewable energy adoption by India’s Commercial and Industrial (C&I) sector is experiencing rapid growth, with demand for clean energy solutions increasing...

July 29, 2024

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Gautamee Hazarika

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C&I

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Consumers

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Markets & Policy
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Daily News Wrap-Up: Solar Sector’s Budget 2024 Wishlist

With India’s aggressive clean energy push likely to sustain the momentum it has seen in recent years, all eyes are on the Union Budget 2024 to be presented by Finance...

July 22, 2024

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Mercom Staff

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Daily Wrap-up

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