development

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World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project...

December 23, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Australia’s Squadron Energy Acquires CWP Renewables

Australia’s Squadron Energy, a part of the Tattarang group of companies, said it has acquired renewable energy developer CWP Renewables for an undisclosed sum. The...

December 7, 2022

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Gourav Mishra

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Other

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Renewable Energy
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SJVN Floats Tender Seeking End-to-End Services for 1 GW of Open Access Solar Projects

SJVN Limited has floated a tender seeking services from firms to arrange for land, connectivity, open access, and power purchase agreements for 1 GW of grid-connected...

February 19, 2021

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Nithin Thomas

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Solar

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Tenders & Auctions
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Developers Say ISTS Waiver Extension Inevitable, Highlight Other Pressing Issues

Renewable energy projects commissioned on or before June 30, 2023, have a waiver on inter-state transmission system (ISTS) charges and losses. But most of these projects...

February 18, 2021

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Nithin Thomas

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Grid

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Mercom Research Focus
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NTPC Issues EPC Tender for 735 MW of Projects in Nokh Solar Park, Rajasthan

NTPC Limited has invited bids to build 735 MW of grid-connected solar projects in three blocks of 245 MW each at the Nokh Solar Park in Rajasthan. The public sector...

February 2, 2021

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Nithin Thomas

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Solar

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Tenders & Auctions
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Telangana Tourism Corporation to Deploy Solar Boats to Ferry Passengers

The Telangana Tourism Development Corporation Limited (TTDCL) has floated tenders to procure two units each of 25, 80, and 150-seater solar boats for carrying passengers...

December 24, 2020

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Nithin Thomas

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Solar

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Tenders & Auctions
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US-Based Solar Software Developer Aurora Raises $50 Million

Aurora Solar, a U.S.-based solar software company, announced that it raised $50 million in Series B funding led by ICONIQ Capital. With this funding, the company has...

December 2, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond

The European Investment Bank (EIB) announced that it would provide €3 billion (~$3.55 billion) for renewable energy projects across Europe and around the globe. This...

September 23, 2020

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Harsh Shukla

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Finance and M&A

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Other
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MNRE to Set Up a Project Development Cell to Attract Investment in Renewables

The Ministry of New and Renewable Energy (MNRE) has issued an order for setting up a Project Development Cell (PDC) within the Ministry as per the central government’s...

June 19, 2020

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Nithin Thomas

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Other

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Renewable Energy
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AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access...

March 28, 2020

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Nithin Thomas

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Grid

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Other
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JP Morgan Commits $200 Billion for Sustainability, To Stop Lending to Coal Companies

U.S.-based JP Morgan Chase, one of the world’s largest banking institutions, announced that it has committed $50 billion (~₹3.59 trillion) towards green initiatives as...

March 3, 2020

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Nithin Thomas

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Finance and M&A

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Other
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Assam to Install Standalone Solar LED Streetlights Across Four Zones

The Urban Development Department (UDD) of Assam has floated a tender to install standalone solar light-emitting diode (LED) street lighting systems with seven-meter...

February 19, 2020

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Nithin Thomas

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Off-grid

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Solar
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CDC Group has Allocated $10 Million to Boost Solar Power in South Africa and Namibia

CDC Group, a U.K. government-owned financial development institution, has announced that it plans to invest £2 billion (~₹184.41 billion) in African businesses over the...

January 29, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle...

January 22, 2020

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Nithin Thomas

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Other

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Renewable Energy
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Masdar Signs Pact to Develop a 200 MW Solar Project in the Republic of Azerbaijan

Masdar (or Abu Dhabi Future Energy Company) recently announced that it had signed an agreement with the Ministry of Energy of the Republic of Azerbaijan to design,...

January 22, 2020

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Nithin Thomas

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Solar

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Utility Scale

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