Economic Survey 2023: India Eyes Private Investment to Finance Net Zero Goal

Economic Survey 2023: India Eyes Private Investment to Finance Net Zero Goal

The Economic Survey 2022-23, which was tabled in the Parliament today ahead of the budget sessions, said that India has become a popular investment destination for renewables over the last ...
/ / Other, Renewable Energy
Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

UAE’s Masdar to Develop 5 GW Renewable Energy Projects in Africa

UAE government-owned renewable energy company Masdar has signed agreements with Angola, Uganda, and Zambia to develop renewable energy projects with a combined capacity of up to 5 GW to help ...
Daily News Wrap-Up: JSW Receives LoA for 500 MW Battery Storage Project

Daily News Wrap-Up: JSW Receives LoA for 500 MW Battery Storage Project

Here are some noteworthy developments from around the world JSW Renew Energy Five, a special-purpose vehicle of JSW Energy, received a letter of award for a 500 MW standalone battery ...
Brazil-based Unigel to Invest $1.5 Billion for a Green Hydrogen Project

Brazil-based Unigel to Invest $1.5 Billion for a Green Hydrogen Project

Brazil-based chemical company Unigel said it would invest about $1.5 billion in an industrial-scale green hydrogen project in the South American country. The project would make Unigel the country's largest ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Reliance to Buy Module Production Line from China’s SC Solar

Daily News Wrap-Up: Reliance to Buy Module Production Line from China’s SC Solar

Here are some noteworthy cleantech developments from around the world Reliance India has signed a contract with China-based SC Solar to purchase solar module automation production line equipment with an ...
Green Hydrogen Mission to Attract ₹8 Trillion Investment by 2030

Green Hydrogen Mission to Attract ₹8 Trillion Investment by 2030

After the Union Cabinet approved the National Green Hydrogen Mission earlier this month, with an initial outlay of ₹197.44 billion (~$2.3 billion), the Ministry of New and Renewable Energy (MNRE) ...
Daily News Wrap-Up: L&T Partners With H2Carrier for Green Hydrogen Projects

Daily News Wrap-Up: L&T Partners with H2Carrier for Green Hydrogen Projects

Here are some noteworthy cleantech developments from around the world Mumbai-based hi-tech engineering company Larsen & Toubro (L&T) announced the signing of a memorandum of understanding (MoU) with the Norway-based ...
Daily News Wrap-Up: Shell to Build 1,000 MWh Battery Energy Storage Project

Daily News Wrap-Up: Shell to Build 1,000 MWh Battery Energy Storage Project

Here are some noteworthy cleantech developments from around the world: Shell Energy Australia in partnership with Greenspot, a privately owned New South Wales (NSW) group, has acquired the development rights ...
/ / Other, Renewable Energy
Low Cost of Green Hydrogen Depends on Right Project Finance Program

Low Cost of Green Hydrogen Depends on Right Project Finance Program

Development of the green hydrogen industry will require substantial capital and the financing for such projects will have to borrow more from the precedents of offshore wind and LNG undertakings, ...
Daily News Wrap-Up: Neoen Begins 200 MW Battery Project in Australia

Daily News Wrap-Up: Neoen Begins 400 MWh Battery Project in Australia

Here are some cleantech developments from around the world: France-based independent power producer Neoen announced the start of the construction for its 200 MW/400 MWh Blyth Battery project in the ...
/ / Other, Renewable Energy
US City to Replace Diesel with 293 MWh Green Hydrogen Plus Battery System

US City to Replace Diesel with 293 MWh Green Hydrogen Plus Battery System

Pacific Gas & Electric Company (PG&E), a combined natural gas and electric utility of PG&E Corporation, and Energy Vault, a utility-scale energy storage solutions developer, have signed a 10.5-year agreement ...
/ / Other, Renewable Energy
Cabinet Approves ₹197 Billion National Green Hydrogen Mission

Cabinet Approves ₹197 Billion National Green Hydrogen Mission

The Union Cabinet has approved the National Green Hydrogen Mission to facilitate demand creation, production, utilization, and export of green hydrogen with an initial outlay of ₹197.44 billion (~$2.3 billion) ...
Daily News Wrap-Up: NTPC, Gujarat Gas Commission Green Hydrogen Blending Project

Daily News Wrap-Up: NTPC, Gujarat Gas Commission Green Hydrogen Blending Project

Here are some noteworthy cleantech updates from around the world: NTPC and Gujarat Gas (GGL) commissioned India’s first green hydrogen blending project in the piped natural gas (PNG) network of ...
/ / Other, Renewable Energy
Daily News Wrap-Up KEC International Bags Order for 500 MW Solar Project in India

Daily News Wrap-Up: KEC International Bags Order for 500 MW Solar Project in India

Here are some noteworthy cleantech announcements of the day from around the world: Global infrastructure engineering, procurement, and construction company KEC International secured a large order for a 500 MW ...
/ / Other, Renewable Energy
Vibrant Energy Plans Green Hydrogen Foray as it Expands its C&I Footprint: Interview

Vibrant Energy Plans Green Hydrogen Foray as it Expands its C&I Footprint: Interview

In an exclusive interview with Mercom India, Srinivasan Viswanathan, CEO of Vibrant Energy, talks about the company’s contribution to the growing renewable energy transition in the nation’s Commercial and Industrial ...
homiHydrogen to Invest $50 Million in Electrolyzer Plant in Pune

homiHydrogen to Invest $50 Million in Electrolyzer Plant in Pune

homiHydrogen said it will invest $50 million in an electrolyzer manufacturing facility of 1.5 GW per annum capacity in Pune, which will cater to both the domestic and export markets ...
/ / Other, Renewable Energy
Energy Conservation Act Paves Way for Carbon Credit Market in India

Energy Conservation Act Paves Way for Carbon Credit Market in India

Rajya Sabha approved the Energy Conservation (Amendment) Bill, 2022, clearing the way for setting up a Carbon Credit Trading market in India. The Bill, which seeks to amend the Energy ...
/ / Other, Renewable Energy
Adani Partners with Cavendish Renewables to Develop Hydrogen Electrolyzer Tech

Adani Partners with Cavendish Renewables to Develop Hydrogen Electrolyzer Tech

Adani New Industries, the manufacturing and green hydrogen platform of the Adani Group, has signed a development and licensing agreement with Melbourne-based hydrogen technology company Cavendish Renewable Technology (CRT). The ...
/ / Other, Renewable Energy
Germany Issues €360 Million Tender for Green Ammonia Imports from Outside EU

Germany Issues €360 Million Tender for Green Ammonia Imports from Outside EU

HINT.CO, a subsidiary of the H2Global Foundation, has launched the first tender for green ammonia imports from outside the European Union. Green ammonia is the main input for producing green ...
/ / Other, Tenders and Auctions
Green Hydrogen Project Worth $4 Billion to Come Up in Texas

Green Hydrogen Project Worth $4 Billion to Come Up in Texas

U.S.-based industrial gases supplier Air Products and the utility and power generation company AES Corporation announced they would invest nearly $4 billion in a green hydrogen production facility in Wilbarger County ...
/ / Finance and M&A, Other
Daily News Wrap-Up: TotalEnergies Installs Rooftop Solar System for a Textile Company

Daily News Wrap-Up: TotalEnergies Installs Rooftop Solar System for a Textile Company

Here are some noteworthy cleantech announcements of the day from around the world: TotalEnergies ENEOS installed a 1 MW rooftop solar photovoltaic system for a textile company, Sri Kannapiran Mills, ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Canadian Solar Wins 256 MW Modules Order

Daily News Wrap-Up: Canadian Solar Wins 256 MW Modules Order

Here are noteworthy cleantech announcements of the day from around the world: Solar module maker Canadian Solar's subsidiary CSI Solar signed a 256 MW solar module contract with SOLA Group, ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Cummins to Build India’s Largest Electrolyzer for GAIL

Spain-based CEPSA to Invest €5 Billion to Build Green Hydrogen Plants in Andalusia

Spain-based energy company Compañía Española de Petróleos, S.A.U. (CEPSA) said it will invest €3 billion (~$3.15 billion) to build 2 GW plants for producing 300,000 tons of green hydrogen in ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE and Google will undertake a 12-year 100 MW corporate power purchase agreement supporting Moray West offshore ...
/ / Other, Renewable Energy
Energy Consumption from Rooftop Solar Systems to Grow Nine Times by 2031-32: CEA

Energy Consumption from Rooftop Solar Systems to Grow Nine Times by 2031-32: CEA

Energy consumption from rooftop solar installations is estimated to reach 55.8 billion units (BU) by the year 2031-32, a nine-fold jump from 6 BU in 2021-22, the latest Electric Power ...
/ / Markets & Policy, Solar