A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

The Indian Energy Exchange (IEX) traded an all-time high volume of 726 MU of renewable energy in July 2021, a 76% month-over-month (MoM) increase compared to 412 MU in the ...
/ / Other, Renewable Energy
IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

The Indian Energy Exchange (IEX) traded 412 MU of green energy in June 2021 due to the ongoing wind season. This is a 15% increase compared to 357 MU traded in May ...
Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has signed a new long-term power purchase agreement with Polycab India Limited, Vadodara, for the ...
Daily News Wrap-Up: Solar Project with Energy Storage Coming Up in Mozambique

Daily News Wrap-Up: Solar Project with Energy Storage Coming Up in Mozambique

Here are some noteworthy cleantech announcements of the day from around the world: Africa-based independent power producer Globeleq and its project partners, Source Energia and Electricidade de Moçambique (EDM), have begun ...
Daily News Wrap-Up Tata Power Solar to Build a 210 MW Solar Project for NTPC

Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green Energy Limited (AGEL) has signed a share purchase agreement to acquire 100% stake in SB Energy India from Soft Bank Group (80%) and Bharti Group (20%). The transaction marks the ...
/ / Finance and M&A, Solar
Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Indian Energy Exchange (IEX) traded a record 78 MU (million units) of solar power in April, a 272% surge from the 21 MU traded in March 2021. The exchange’s real-time ...
SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

The Solar Energy Corporation of India (SECI) has revised the bid submission deadline for the 1,785 MW of solar tender (Tranche IV) floated for Rajasthan. The tender was initially issued ...
Daily News Wrap-Up juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine

Daily News Wrap-Up: juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine

Here are some noteworthy cleantech announcements of the day from around the world: South Africa-based subsidiary of German renewable energy company juwi has signed an agreement with Sukari Gold Mines ...
First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the first quarter of 2021 (Q1 2021). Net sales for Q1 2021 touched $803.4 million, an ...
Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Here are some noteworthy cleantech announcements of the day from around the world: Global energy player ENGIE will develop a 2 GW renewable energy portfolio in Chile. It includes an ...
Daily News Wrap-Up_ EBRD and Green Climate Fund Provide Green Financing to Armenia

Daily News Wrap-Up: EBRD and Green Climate Fund Provide Green Financing to Armenia

Here are some noteworthy cleantech announcements of the day from around the world: European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF) will support Armenia's transition to a low-carbon economy ...
/ / Other, Renewable Energy
Investors Must Come With Strong Operating Knowledge Of The Indian Market

Investors Must Come With Strong Operating Knowledge of The Indian Solar Market

At the Fireside Chat session held on Day 1 of the Mercom India Solar Summit 2021, Sumant Sinha, Chairman, and Managing Director, ReNew Power, shared industry insights in a freewheeling ...
/ / Markets & Policy, Solar
Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Solar developer Amplus Solar has announced the acquisition of 17 on-site operational solar projects from Sterling and Wilson Private Limited. Spread over Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana, and ...
/ / Finance and M&A, Solar
NLC India Ups Green Power Generation Capacity by 39% in 2020-21

NLC India Ups Green Power Generation Capacity by 39% in 2020-21

NLC India Limited (NLCIL), a public sector undertaking engaged in coal mining and power generation, has increased its green power generation by 39% and mining capacity by 66%. The company ...
/ / Other, Renewable Energy
Mercom India Solar Awards 2021 Winners Announced

Mercom India Solar Awards 2021 Winners Announced

Mercom India, a subsidiary of U.S.-based Mercom Capital Group and leading clean energy communications and consulting firm, announced the winners of the Solar Awards 2021 on the second day of ...
/ / Markets & Policy, Solar
Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal to Switch to Green Energy

Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal Option to Switch to Green Energy

In a bid to transition Mumbai towards green energy, Adani Electricity Mumbai Limited (AEML), the city’s largest electricity distributor, is launching a program to give consumers the flexibility to set ...
/ / Other, Renewable Energy
Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Global energy conglomerate, Royal Dutch Shell, has said it will invest $5-6 billion annually in its Growth Pillar, including $2-3 billion in renewables and energy solutions, to accelerate its transformation ...
/ / Other, Renewable Energy
Government Seeks Proposals to Resolve Digital Challenges in Green Energy Transition

Government Calls for Proposals to Resolve Digital Challenges in Green Energy Transition

The Department of Science and Technology (DST) has issued a call for research, development, and demonstration projects that can identify and resolve significant challenges in digital transformation for the green ...
/ / Other, Renewable Energy
UK to Invest £12 Billion Towards a Green Industrial Revolution

UK to Invest £12 Billion Towards a Green Industrial Revolution

The United Kingdom Government announced a ten-point plan for a green industrial revolution to advance the country towards net-zero emissions. Under the plan, the government will provide funding worth £12 ...
/ / Other, Renewable Energy
France to Invest Over $35 Billion to Boost the Economy Through Renewables

France to Invest Over $35 Billion to Boost the Economy Through Renewables

France has announced its plans to invest €100 billion (~$118.4 billion) to retrieve the economy from the damage caused by the COVID-19 pandemic. As part of its 'France Relance' (France ...
/ / Finance and M&A, Other
Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

NTPC Limited announced that its wholly-owned subsidiary NTPC Vidhyut Vihar Nigam Limited (NVVN) signed a Memorandum of Understanding (MoU) with Greenko Energies Private Limited to explore opportunities to supply round-the-clock ...
/ / Other, Renewable Energy
Gujarat to Install Solar Systems to Power 15 Water Treatment and Sewage Projects

Gujarat to Install Solar Systems to Power 15 Water Treatment and Sewage Projects

Gujarat’s Chief Minister Vijaybhai Rupani has approved the proposals to install solar systems in the state at an approximate cost of ₹136.1 million (~$1.83 million). The solar energy generated from ...
/ / Markets & Policy, Solar
BSES and Ola Electric Join Hands to Set Up Battery Swapping Stations in New Delhi

BSES and Ola Electric Join Hands to Set Up Battery Swapping Stations in New Delhi

Delhi’s DISCOM BSES has announced signing a memorandum of understanding (MoUs) with Ola Electric to set up battery swapping and charging stations in parts of New Delhi in a move ...
U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital and Sunvest Capital Launch ₹200 Million Solar Financing Program in India

U GRO Capital, a financial technology company, has entered into a partnership with Sunvest Capital, a non-banking financial company (NBFC​) focused on providing rooftop solar financing. The two have announced ...