Investments in Indian Solar Sector Totaled $2 Billion in Q3 2022
Investments in the Indian solar sector in the third quarter (Q3) of the calendar year (CY) 2022 totaled $2 billion (~₹161.1 billion), a 30% quarter-over-quarter (QoQ) decrease compared to the ...
Atlantica’s Renewables Business Revenue Dips 8.54% YoY in Q3 2022
UK-headquartered Atlantica Sustainable Infrastructure’s renewable business recorded a revenue of $232.42 million in the third quarter (Q3) of 2022, a year-over-year (YoY) dip of 8.54% from $254.13 million. The renewables ...
KKR to Invest $400 Million in Serentica Renewables
Private equity firm KKR will invest $400 million in Serentica Renewables to ramp up its clean energy portfolio and provide energy transition solutions to industries. Serentica Renewables has recently entered ...
Clean Energy Supply Must Double Until 2029 to Limit Temperature Rise to 1.5 Degrees: WMO
The supply of power from renewable energy sources must double until 2029 to limit the global temperature rise to 1.5 degrees Celsius under the Paris Climate Accord, the 2022 State ...
Amazon Adds 2.7 GW of New Renewable Energy Capacity Across 71 Projects
E-commerce conglomerate Amazon has announced the expansion of its renewable energy portfolio globally, with 2.7 GW of clean energy capacity across 71 new renewable projects, including its first solar farms ...
FDI Inflow Into India’s Renewable Energy Sector Surged 269% YoY in Q1 FY 2023
Foreign Direct investment (FDI) in India’s renewable energy sector stood at $949.45 million (₹75,555 million) in the first quarter (Q1) of the financial year (FY) 2022-23, an increase of 269% ...
Investments in the Indian Solar Sector Up by 25% YoY in Q2 2022
Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2022 totaled $2.82 billion (~₹217.49 billion), a 3% quarter-over-quarter (QoQ) increase compared to the ...
Brookfield Renewable Partners Reduces Loss by 98% YoY in Q2 2022
Canada-based renewable energy investor Brookfield Renewable Partners announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar year (CY) 2022. The company reported ...
Quality Assets are in Demand as Investments Flow into the Indian Solar Market
India is on the cusp of a renewable revolution, with the government and the industry complementing each other in facilitating the wider adoption of renewable energy in the country. With ...
Dubai to Invest $11 Billion to Expand Clean Energy Projects
Dubai Electricity and Water Authority (DEWA) plans to invest AED 40 billion (~$10.88 billion) on capital expenditure in the next five years, including expanding renewable and clean energy projects. According ...
Amazon Invests in Green Hydrogen Companies in the US And Europe
E-commerce conglomerate Amazon announced new investments in green hydrogen companies through its $2 billion Climate Pledge Fund in its efforts to decarbonize global operations. The latest investments are in the ...
Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka
Electric vehicle (EV) startup Mecwin India will invest ₹500 million (~$6.38 million) to set up a manufacturing plant for EV motors and controllers in Karnataka. The manufacturing facility for indigenous ...
FDI in Indian Renewable Sector Up by 100% to $1.6 Billion in FY22
Foreign direct investment (FDI) in India's renewable energy sector stood at $1.6 billion (~₹121.05 billion) in the financial year (FY) 2021-22. The investment is the highest ever in the Indian ...
Investments in the Indian Solar Sector Grow 154% YoY in Q1 2022
Investments in the large-scale solar segment in the first quarter (Q1) of the calendar year (CY) 2022 were up by 154% compared to the same period last year. However, the ...
Investments in the Indian Solar Sector Increased by 254% YoY in 2021
Investments in the Indian solar sector increased by an impressive 254% in the calendar year (CY) 2021 compared to CY 2020, according to Mercom India Research’s latest 2021 Q4 and ...
Renewable Industry Attracts $1.18 Billion in FDI During Nine Months of FY 2021-22
The foreign direct investment (FDI) in India's renewable energy (non-conventional) sector stood at $1.18 billion (~₹89.68 billion) for the first nine months (9M) of the financial year (FY) 2021-22. The ...
Blackstone to Invest Nearly $3 Billion in Renewable Energy Developer Invenergy
Global investment firm Blackstone has announced that funds managed by Blackstone Infrastructure Partners will invest approximately $3 billion equity investment in Invenergy Renewables Holdings. Caisse de dépôt et placement du ...
Renewable Energy Sector Attracts $1 Billion in FDI in the First Half of FY 2021-22
The foreign direct investment (FDI) in India's renewable energy sector stood at $1.03 billion (~₹77.55 billion) for the first half (1H) of the financial year (FY) 2021-22. The renewable sector ...
Solar Investments Up by 49% QoQ in Q3 2021 as Development Activity Picked Up Speed
Investments in the Indian solar sector increased by 49%, in the third quarter (Q3) of the calendar year (CY) 2021, compared to Q2 2021. However, in a year-over-year (YoY) comparison, ...
India Needs a Clear Roadmap to Meet the Massive 300 GW Solar Target by 2030
India has set a lofty target of 100 GW of solar installations by 2022 and 450 MW of renewables by 2030, with solar accounting for nearly 300 GW of the ...
Solar Investments in India Back to Pre-Pandemic Levels, Up 119% in Q2 2021
The investments in the Indian solar sector increased by 119% quarter-over-quarter, with over $2 billion in the second quarter (Q2) of the calendar year (CY) 2021. However, in a year-over-year ...
Solar Developer Nexamp Secures $680 Million in Funding
U.S.-based solar energy company Nexamp has secured $680 million in funding, including $440 million of debt financing and a $240 million equity investment led by Generate Capital. Nexamp provides clean energy access to ...
Brookfield Raises $7 Billion for its Global Energy Transition Fund
Brookfield Asset Management, a Canada-based asset management company, announced that it had raised $7 billion in the initial close of its Brookfield Global Transition Fund. The fund raised will be ...
Investments in Indian Solar Sector Fell by 30% QoQ in Q1 2021
The investments in the Indian solar sector declined by 30% and stood at $1.04 billion (~₹76 billion) in the first quarter (Q1) of the calendar year (CY) 2021, compared to ...
Investments in the Indian Solar Sector Declined by 66% in 2020
Investments in the Indian solar sector declined by 66% and stood at approximately $2.8 billion (~₹203.17 billion) in the calendar year (CY) 2020, compared to $8.2 billion (~$595.02 billion) in ...
