japan

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IREDA Invites Bids to Raise $113 Million to Fund Renewable Energy Projects

The Indian Renewable Energy Development Agency (IREDA) has invited bids from banks and financial institutions to raise term loans amounting to ¥16 billion(~ $113.3...

September 18, 2024

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Staff

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Finance and M&A

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Renewable Energy
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Sumitomo Partners With AMPIN for Renewable Energy Projects in India

Japan-headquartered Sumitomo Corporation has entered India’s corporate Power Purchase Agreement (PPA) market through a joint venture with AMPIN Energy Transition....

September 13, 2024

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Gautamee Hazarika

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Renewable Energy

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Tenders and Auctions
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Sembcorp Begins Work on Project to Export Green Ammonia to Japan

Singapore-based Sembcorp Industries has commenced work on a green ammonia project in Tuticorin, Tamil Nadu. The company intends to export 200,000 MTPA green ammonia to...

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Researchers from Japan Develop Data-driven Model for Hydrogen Storage

Researchers at Tohoku University in Japan have developed a data-driven model that can predict barriers related to dehydrogenation, a chemical reaction that involves the...

May 23, 2024

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Arshreet Singh

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Energy Storage

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Technology
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GreenCell Mobility Secures ₹3 Billion for Electric Bus Fleet in Uttar Pradesh

Electric mobility company GreenCell Mobility has secured ₹3.07 billion (~$37 million) in green financing from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC)...

May 9, 2024

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Arshreet Singh

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Electric Vehicles
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Hitachi Energy Invests $1.5 Billion to Meet Surging Transformer Demand

Hitachi Energy, a subsidiary of Japan-based conglomerate Hitachi, will ramp up its global manufacturing capacity for transformers with a $1.5 billion investment by 2027,...

April 25, 2024

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Arshreet Singh

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Manufacturing

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Solar
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Daily News Wrap-Up: ALMM Reimposed from April 1, 2024

The Ministry of New and Renewable Energy (MNRE) has notified the implementation of the Approved List of Models and Manufacturers (ALMM) regulation effective April 1,...

April 1, 2024

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Mercom Staff

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Daily Wrap-up
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ACME, IHI Corporation Partner for Green Ammonia Supply from India to Japan

ACME Group, a renewable energy company, and IHI Corporation, a Japan-based integrated heavy industry group, have inked an offtake term sheet for the supply of green...

January 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ADB Approves $200 Million Loan to Enhance Power System Efficiency in Uttarakhand

The Asian Development Bank (ADB) has granted a $200 million loan to enhance the quality, efficiency, and dependability of Uttarakhand’s electricity supply and help...

December 5, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: Uttar Pradesh Amends Net Metering Regulations

The Uttar Pradesh Electricity Regulatory Commission has amended the rooftop solar grid-interactive system gross/net metering regulation of 2019, extending the net...

November 30, 2023

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Mercom Staff

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Daily Wrap-up
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Japan’s 18th Solar Auction Yields Lowest Bid of $0.053/kWh

The government of Japan has announced the results of the 18th utility-scale solar photovoltaic projects auction, allocating 105 MW to 33 successful bidders. The...

November 29, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: NTPC’s Tender for 1.5 GW of Wind-Solar Hybrid Projects

NTPC has invited bids to set up 1,500 MW of interstate transmission system-connected wind-solar hybrid power projects anywhere in India. The last date to submit the bids...

October 5, 2023

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Mercom Staff

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Daily Wrap-up
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India, Japan Launch $600 Million Fund Focusing on Low Carbon Emission Strategies

The Japan Bank for International Cooperation (JBIC) and the Government of India (GoI) have signed an agreement to establish a $600 million India-Japan Fund (IJF) to...

October 4, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: India Installs 387 MW of Rooftop Solar Capacity in Q2

India added 387 MW of rooftop solar capacity in the second quarter (Q2) of 2023, down 20% from 485 MW in Q1. According to the newly released Q2 2023 Mercom India Rooftop...

September 1, 2023

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Mercom Staff

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Daily Wrap-up
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Japan’s 69 MW Solar Auction Receives Lowest Tariff of $0.061/kWh

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has concluded the 17th auction for 69.07 MW of grid-connected solar power projects,...

August 31, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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