renewable

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In Clean Energy Push, Odisha Approves Project Proposals Worth ₹557 Billion

The Odisha government has given the green light to a number of green energy projects with a promised investment of roughly ₹557 billion (~$6.7 billion). Among the...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Residential Rooftop Solar Subsidy to be Increased to 60%: R K Singh

Free electricity will be provided for households with a consumption of less than 300 units a month by installing rooftop solar systems on their homes, according to an...

February 5, 2024

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B.S. Nagaraj

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Rooftop

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Solar
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Daily News Wrap-Up: Solar Accounts for 16% of Total Installed Power Capacity in Q3

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....

November 13, 2023

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Mercom Staff

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Daily Wrap-up
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NTPC’s Renewable Arm Invites Bids for 650 MW Solar Projects in Rajasthan

NTPC Renewable Energy, a wholly owned subsidiary of NTPC, has invited bids for the engineering, procurement, and construction (EPC) package to develop 650 MW...

October 30, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Karnataka to Procure 1.5 GW of Power on Short-term Basis to Meet Shortage

Reeling under an acute power shortage of up to 2,000 MW a day, Karnataka has been monitoring power demand and availability on an hourly basis and preparing to buy power...

October 16, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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EU Parliament Votes to Boost Renewable Energy Share to 42.5% by 2030

Members of the European Parliament have voted to increase the share of renewable energy to 42.5% by 2030 as a part of the Renewable Energy Directive, a legal framework...

October 10, 2023

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Staff

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Other

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Renewable Energy
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Policy Uniformity Key to Meeting Net-Zero Goals: SKF Interview

Commercial and Industrial (C&I) entities are actively seeking clean, environmentally friendly, and cost-effective energy sources. These businesses are focused on...

October 9, 2023

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B.S. Nagaraj

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C&I

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Solar
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Europe’s Power Sector Calls for Ramping Up Aging Grid Infrastructure

Europe’s power industry has called for ramping up investments in aging grid infrastructure by 84% every year until 2050. The grid infrastructure is ill-suited for...

September 22, 2023

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Staff

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Grid

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Market & Policy
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US Adds 6.4 GW of Small-Scale Solar Capacity in 2022: EIA Report

The U.S. added 6.4 GW of small-scale solar capacity in 2022, which marks the highest annual growth ever recorded in the segment, according to a report by the U.S. Energy...

September 12, 2023

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Gautamee Hazarika

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Rooftop

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Solar
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Canara Bank Issues Policy to Deploy Green Deposits in Renewable Energy Projects

In a sign that India’s financial institutions are getting serious about contributing to the country’s energy transition goals, public sector bank Canara Bank has issued...

August 16, 2023

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B.S. Nagaraj

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Finance and M&A

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Other

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Renewable Energy
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Stem Reports $19 Million Net Income in Q2 2023, a 159% YoY Boost

Smart energy storage company Stem reported a net income of $19.1 million during the second quarter (Q2) of 2023, showing a significant year-over-year (YoY) improvement...

August 4, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Corporate Funding for Solar Rises 54% YoY to $18.5 Billion in First Half of 2023

The total global corporate funding in the solar sector during the first half (1H) of 2023, including venture capital (VC) investments, public market funding, and debt...

July 17, 2023

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Gautamee Hazarika

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Finance and M&A

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Mercom Research Focus

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Solar
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EU Allocates Over $4 Billion to Propel Large-Scale Clean Tech Projects

The European Commission has announced the allocation of over €3.6 billion (~$4 billion) from the Innovation Fund for 41 large-scale clean tech projects across Europe....

July 14, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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UN Body Urges Urgent Investment in Clean Energy for Developing Countries

The United Nations Conference on Trade and Development (UNCTAD) has issued an appeal for immediate assistance to developing nations, enabling them to attract...

July 7, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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NLC India Incorporates Subsidiary to Manage Renewable Assets

Government-owned mining and power generating company NLC India has announced the incorporation of a subsidiary named NLC India Renewables to manage the existing...

June 16, 2023

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Rakesh Ranjan

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Other

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Renewable Energy

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