climate

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Daily News Wrap-Up: Large-Scale Solar Projects in India Drops 23% YoY in Q3 2024

The average cost of large-scale solar projects in India dropped by almost 23% year-over-year in the third quarter (Q3) of calendar year 2024, according to Mercom India...

December 13, 2024

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Mercom Staff

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Daily Wrap-up
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BluPine Energy Secures ₹4.18 Billion for 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured the debt financing of ₹4.18 billion (~$50.1 million) from HDFC Bank for its 120 MW solar power project in Sadla,...

April 29, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Most Greenfield Solar Projects Amenable to Robotic Cleaning: Interview

Solar projects are increasingly opting for robotic cleaning, which provides more reliability than manual cleaning and up to 5% more energy production. With solar...

May 17, 2023

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Sumit Jha

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Markets & Policy

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Solar
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ADB Launches New Financing Program to Accelerate Climate Action in APAC

The Asian Development Bank (ADB) has announced a new financing program for the Asia Pacific (APAC), which will significantly help the region accelerate actions required...

May 3, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Philanthropic Financing to Unlock $3 Trillion Per Year to Reach Net Zero

The World Economic Forum (WEF) launched a fundraising vehicle to unlock $3 trillion of financing needed each year to reach net zero, reverse nature loss, and restore...

January 19, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Power Cost Savings Cover EMIs for Rooftop Solar: Tata Power Executive

With better awareness among smaller businesses, the misgivings about rooftop solar installations have largely disappeared, leading to more commercial and industrial...

December 15, 2022

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Sumit Jha

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C&I

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Rooftop

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Solar
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Ireland to Mandate Renewable Energy Share in Heat Sector by 2024

Ireland‘s government will make it mandatory for the heat sector to include a share of renewable energy in their services by 2024. Currently, the country’s...

November 28, 2022

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Sumit Jha

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Other

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Renewable Energy
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Green Hydrogen Trade Can Provide a Low-cost Option for Diversifying Energy Imports

The costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport costs and make hydrogen trade cost-effective, a...

July 12, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Economic Survey 2022: India Steadily Advances Towards Its Sustainable Development Goals

Finance minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament. Published a day before the presentation of the Union budget, the Economic Survey...

February 1, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its...

July 15, 2021

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Harsh Shukla

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Other

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Renewable Energy
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EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability: Interview

Large corporations can play a significant role in spearheading the transition towards green energy, decarbonization, and a sustainable future. Over the last few years,...

August 28, 2020

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Nithin Thomas

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Other

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Renewable Energy
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Infosys Signs Climate Pledge to Become Carbon Neutral by 2040

Infosys, an Indian information technology company, has signed up for ‘The Climate Pledge,’ committing to achieve net-zero carbon emissions across its businesses by 2040,...

June 25, 2020

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Nithin Thomas

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Other

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Renewable Energy
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HSBC and IFC Raise $474 Million Through Emerging Markets’ Green Bond Fund

The HSBC Global Asset Management and the International Finance Corporation (IFC), the financial arm of the World Bank Group, have announced the third closing of the HSBC...

May 30, 2020

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Anjana Parikh

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Finance and M&A

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Other
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155 Major MNCs Ask World Governments to Develop Sustainable COVID-19 Recovery Policies

In all, 155 multinational corporations (MNC) from across the world have signed a statement asking governments to integrate the latest climate science developments into...

May 25, 2020

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Nithin Thomas

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Markets & Policy

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Solar

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