investment

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New EV Policy Pushes Global Players to ‘Build in India’

The government, in a bid to promote India as a manufacturing destination for electric vehicles (EVs), is offering international manufacturers a reduced customs duty rate...

March 15, 2024

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Staff

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Electric Vehicles
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Indian Rooftop Solar Sector at an Inflection Point: Interview

The Indian government is working to accelerate rooftop solar installations in the country through various programs with a focus on the residential segment. In an...

March 14, 2024

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Satish Shetty

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Rooftop

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Solar
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Average Cost of Large-Scale Solar Projects Drop 27% YoY in Q4 2023

The average cost of large-scale solar power projects in India declined by 26.6% year-over-year (YoY) in the fourth quarter (Q4) of 2023 following a drop in module prices....

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Mahanagar Gas Forays into EV Sector with ₹960 Million Investment in 3ev

Natural gas company Mahanagar Gas Limited (MGL) has announced the acquisition of 30.97% shareholding in 3ev Industries, a three-wheeler electric vehicle (EV)...

February 14, 2024

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Staff

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Electric Vehicles
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SECI Calls for Bids from Commercial Banks for ₹3 Billion Fixed Deposits

The Solar Energy Corporation of India (SECI) has invited quotations for investment of ₹3 billion (~$36.07 million) in fixed deposits from scheduled commercial public...

January 5, 2024

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Arjun Joshi

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Other

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Tenders and Auctions
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UK Government Pledges $2.2 Billion to Scale Green Hydrogen Production

The UK government has unveiled a £2 billion (~$2.19 billion) government investment initiative to help expand green hydrogen production in the country, spanning from the...

December 15, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Himadri Chemical to Set Up Li-ion Battery Components Plant in Odisha

Mumbai-based Himadri Speciality Chemical is setting up a facility in Odisha to produce Lithium-ion Battery (LiB) components with a total annual production capacity of...

December 7, 2023

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Staff

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Energy Storage

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Market & Policy
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Masdar Acquires 1 GW Renewable Energy Portfolio in Poland

Abu Dhabi Future Energy Company, Masdar, along with Taaleri Energia, a Finland-based renewable energy developer, have acquired eight hybrid renewable energy projects in...

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Germany to Invest $4 Billion in Africa’s Green Energy Projects

The government of Germany has pledged to invest €4 billion ($4.3 billion) in Africa’s green energy projects until 2030, encouraging African nations to generate green...

November 27, 2023

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Staff

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Other

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Renewable Energy
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UK Announces $1.2 Billion to Support Clean Energy Manufacturing

The UK government has pledged to provide £960 million (~$1.19 billion) for the Green Industries Growth Accelerator to support clean energy manufacturing. This investment...

November 20, 2023

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Staff

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Other

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Renewable Energy
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Amazon Announces Seventh Utility-Scale Renewable Energy Project in India

E-commerce company Amazon now has 50 wind and solar projects across India and a cumulative 1.1 GW of renewable energy capacity, following its latest announcement of a...

October 31, 2023

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Staff

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Other

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Renewable Energy
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APAC to Invest $3.3 Trillion in Power Generation with Focus on Renewables: Report

The Asia Pacific (APAC) region is forecast to invest $3.3 trillion in power generation over the next decade, with a strong focus on renewables. Wind and solar energy...

October 6, 2023

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Staff

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Other

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Renewable Energy
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Brookfield to Invest $845 Million in Renewables JV with Axis Energy in India

Global asset management firm Brookfield and Axis Energy Ventures have announced their second renewable energy joint venture partnership in India. Brookfield, through its...

September 29, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Average Cost of Large-Scale Solar Projects Drop by 8% YoY in Q2

The average cost of large-scale solar projects in India declined by 8.1% year-over-year in the second quarter (Q2) of 2023. Continuing from the previous quarter, the...

September 4, 2023

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Debojyoti Nath

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Project Delays and Postponements Lead to 46% Decline in Investments In Q2 2023

Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2023 totaled $1.57 billion (~₹129.86 billion), a 46% year-over-year (YoY)...

August 28, 2023

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Urvashi Gupta

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Finance and M&A

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Mercom Research Focus

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Solar

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