energy

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Project Finance Brief: Emeren Sells 3.8 GWh Battery Energy Storage Portfolio

From: Mercom Capital Group Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy...

November 15, 2023

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Staff

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Finance and M&A

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Solar
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Spain-based Utility Iberdrola Raises $931 Million Through Green Bonds

Spain-based independent power producer Iberdrola has issued ten-year green bonds raising about €850 million (~$930.64 million). The proceeds from the bond issuance will...

July 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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IIT Scientists Claim 26% Efficiency for Perovskite-Silicon Tandem Solar Cell

Scientists at the National Centre for Photovoltaic Research and Education of the Indian Institute of Technology Bombay (IIT Bombay) claimed to have achieved a power...

July 5, 2023

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Gourav Mishra

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Solar

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Technology
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States Must Define Standards to Overcome Challenges in Agrivoltaic Projects: IISD

A recent report published by the International Institute for Sustainable Development (IISD) has listed specific business models that would help India cope with the...

June 2, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Namibia Greenlights $10 Billion Green Hydrogen Project

The Government of the Republic of Namibia approved the government’s entry into a $10 billion Feasibility and Implementation (FIA) agreement with Hyphen Hydrogen Energy...

May 29, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Interest Expense Wipes Eos Energy’s Q1 Gains from Lower Cost of Goods Sold

Energy storage solutions provider Eos Energy Enterprises’ net loss widened to $71.6 million for the first quarter (Q1) of the financial year 2023 compared to $45.8...

May 17, 2023

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Gourav Mishra

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Energy Storage

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Markets & Policy
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New Energy Efficiency Rules to Save Americans $570 Billion Over 30 Years

The U.S. Department of Energy (DOE) has announced final energy efficiency rules for 16 product categories to help Americans save $570 billion in utility bills and cut...

May 8, 2023

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Gourav Mishra

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Other

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Renewable Energy
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NextEra Swings to $2 Billion Profit in Q1 2023 on Renewable Capacity Addition

U.S.-based energy firm NextEra Energy posted a profit of $2.09 billion for the first quarter (Q1) of the financial year (FY) 2023 against a loss of $451 million in Q1 FY...

April 26, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Tesla’s Q1 Net Income Drops 24% Due to Lower Average Sales Price

U.S.-based electric vehicle maker Tesla reported a net income of $2.5 billion in the first quarter of the financial year (FY) 2023, a 24% year-over-year (YoY) drop. The...

April 20, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Role of Battery Energy Storage in India’s Renewables Sector

Affordable battery energy storage is the missing piece in making renewable energy reliable and round-the-clock as the capacity continues to grow in India. Energy storage...

April 20, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Nearly a Third of All DISCOMs Improve Rank in Annual Appraisal

The Central government’s annual appraisal of power distribution companies’ (DISCOMs) financial and operational performance saw 21 entities improve their rank over the...

April 12, 2023

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Mercom Staff

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Daily Wrap-up
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Crab Shells Could Power Next Generation of Rechargeable Batteries

Researchers at the Shandong Academy of Medical Sciences, China, and Kyushu Institute of Technology, Japan, are “upcycling” crab shells into porous, carbon-filled...

March 15, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Perovskite Alkylammonium Chloride Solar Cell Achieves 26.08% Efficiency

Researchers at South Korea’s Ulsan National Institute of Science and Technology (UNIST) have developed a perovskite solar cell (PSC) by using alkylammonium chloride...

March 3, 2023

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Gautamee Hazarika

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Solar

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Technology
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Eos Energy’s Q4 Loss Widens YoY to $56.6 Million on Higher Interest Expenses

The net loss of Eos Energy, a sustainable zinc-based energy storage solutions provider, widened to $56.6 million for the fourth quarter (Q4) of the financial year (FY)...

March 2, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar

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