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 ...
Top Five Funding Deals of 2020 in the Indian Solar Market [Infographics]
After a sluggish start to the year due to the COVID-19 pandemic and the subsequent lockdown, activity in the solar sector picked up in the third quarter (Q3) of 2020, ...
Month in a Minute: Top Headlines from Indian Renewable Sector in November 2020
Here is a recap of some of the most important headlines from November 2020: Blueleaf Energy, a Singapore-based renewable energy company, announced that it acquired a majority stake in an ...
After a Lull in Q2, Investments in Indian Solar Sector Up by 170% in Q3 2020
Investments in the Indian solar sector rose by 170% and stood at approximately $270 million (~₹19.9 billion) in the third quarter of 2020 (Q3 2020), compared to $100 million (~₹7.4 ...
Daily News Wrap-Up: Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions
Here are some noteworthy cleantech announcements of the day from around the world: Reliance has entered into a definitive agreement to invest up to $50 million in Breakthrough Energy Ventures ...
Officials from MNRE and SECI to Discuss the Status of Solar Market on Mercom’s Webinar
Mercom’s Q2 2020 India Solar Market Update is out, and the numbers do not paint a pretty picture. On September 1, 2020, Mercom will host a webinar to analyze the ...
United States’ Development Bank to Support 450 MW of Solar Projects in India
The U.S. International Development Finance Corporation (DFC) has approved $1 billion (₹75 billion) to help enhance sustainable development processes in Africa, Latin America, the Indo-Pacific, and other emerging markets, including ...
Indian Railways Ties Up with New Strategic Partners to Execute Solar Projects
IRCON International Limited (IRCON), a public sector enterprise, signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power Private Limited. Through ...
Month in a Minute: Top Headlines from India’s Renewable Sector in December 2019
The year 2019 wrapped up with a host of newsworthy developments recorded in the renewable energy industry. There were several important company announcements besides crucial government updates during the last ...
Month in a Minute: Important News Snippets from India’s Renewable Sector in November 2019
For the domestic renewable industry, November was a busy month on the investment front. There were several important funding announcements in the Indian renewable sector, along with technological developments and ...
