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Nxtra’s Data Centers Meet 38% of Energy Needs from Renewable Sources

Nxtra by Airtel has said 38.3% of the total electricity consumed in its core data centers was sourced from renewable energy sources in the financial year 2023-24. The...

August 22, 2024

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Tina Freese

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Renewable Energy
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Vena Energy Secures $600 Million Loan to Boost Renewable Projects in APAC

Singapore-based renewable energy firm Vena Energy signed a five-year sustainability-linked revolving credit facility worth JP¥87 billion (~$600 million) to accelerate...

February 22, 2024

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Staff

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: Solar Open Access Installations Surge 21% YoY in Q3

India saw a surge in solar open access installations with the addition of 907 MW in the third quarter of 2023, a 36.1% increase over 666 MW in the previous quarter,...

December 8, 2023

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Mercom Staff

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Daily Wrap-up
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Uniqus Acquires Goodera to Bolster its ESG Practice

Uniqus Consultech has acquired Goodera’s global business that helps corporates manage their sustainability programs by automating the collection, maintenance, and...

December 7, 2023

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Staff

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Other

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Renewable Energy
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RUMSL Seeks Consultant to Develop ESG Strategy

Rewa Ultra Mega Solar (RUMSL) has invited bids to select a consultant for developing its environment, social, and governance (ESG) strategy. RUMSL is a joint venture...

October 3, 2023

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Rakesh Ranjan

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Other

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Tenders and Auctions
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Green Energy Group Bruc Secures €600 Million for Portfolio Expansion in Spain

Madrid-based green energy group Bruc has signed a financing agreement with seven prominent entities, securing €600 million (~$633.8 million), which will be utilized in...

September 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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UAE Banks Prioritize Green Financing to Tackle Climate Change

The UAE Banks Federation (UBF) has disclosed that six major banks, including the First Abu Dhabi Bank, the Abu Dhabi Commercial Bank, the Emirates NBD, the Dubai Islamic...

August 28, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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Temasek to Invest ₹12 Billion in Mahindra’s Four-Wheeler EV Firm

India’s automotive conglomerate Mahindra & Mahindra (M&M) has secured a ₹12 billion (~$145 million) investment from Temasek, a global investment firm...

August 7, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-UP: NHPC, SJVN, and NTPC Win GUVNL’s 600 MW Solar Auction

NHPC, SJVN Green Energy, and NTPC Renewable Energy won Gujarat Urja Vikas Nigam’s auction to supply power from 600 MW of grid-connected solar power projects (Phase XVII)...

May 4, 2023

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Mercom Staff

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Daily Wrap-up
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ESG Ratings Not Yet a Focus for Indian Banks in Trade Finance Transactions

There is a positive momentum towards sustainability in supply chain finance as more banks are utilizing Environmental, Sustainable, and Governance (ESG) rating services...

May 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Adani Green Raises $288 Million to Finance Solar Wind Hybrid Projects in Rajasthan

Adani Green Energy has raised a $288 million (~₹21.76 billion) financing facility by extending its construction financing framework to $1.64 billion (~₹124 billion) for...

March 21, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Guidelines for Developing Sustainable Energy Storage Supply Chain Policies

The U.S. Energy Storage Association (ESA) has published guidelines for building a responsible energy storage supply chain policy that fits into environmental, social,...

January 5, 2022

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Harsh Shukla

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Energy Storage

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Market & Policy
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What it Will Take for India’s Clean Energy Sector to Unlock Billions in Foreign ESG Funds

The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the...

December 10, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Here are some noteworthy cleantech announcements of the day from around the world: Germany has announced more than €1.2 billion (~$1.34 billion) worth of commitments to...

November 26, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity...

October 8, 2021

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Harsh Shukla

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Finance and M&A

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Other

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