Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry

Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry

Coal India has ample coal available to meet the demand of power plants, and any fear of power supply disruptions is ‘entirely misplaced,’ the Ministry of Power has announced in ...
/ / Other, Other Energy
Daily News Wrap-Up Ministry of Power Releases Cybersecurity Guidelines for Utilities

Daily News Wrap-Up: Ministry of Power Releases Cybersecurity Guidelines for Utilities

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power has released guidelines for cybersecurity in the power sector to keep the industry ...
/ / Other, Renewable Energy
If Coal Shortage Impacts Power Consumption, Can Solar Save The Day

If Coal Shortage Impacts Power Consumption, Can Solar Save the Day?

India is seeing a surge in power demand, with industrial and economic activity picking up pace in the past few months. But thermal power plants are in a crisis as ...
/ / Mercom Research Focus, Other
Going for 100% Renewables Can Cut India's Electricity Costs by Half – Wartsila Report

Going for 100% Renewables Can Cut India’s Electricity Costs by Half – Wartsila Report

India can cut its overall cost of electricity in half and reach net zero before 2050 by developing a 100% renewable energy power system, according to modeling by Finnish power ...
/ / Uncategorized
Researchers Claim to Have Developed a Reactor for Cost-Effective Hydrogen Production

Researchers Claim to Have Developed a Reactor for Cost-Effective Hydrogen Production

A team of scientists from the Institute of Nano Science and Technology (INST) Mohali claimed to have developed a prototype reactor that operates under natural sunlight to produce around 6.1 ...
/ / Energy Efficiency, Other
Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures, a global investment manager that funds digital-first solutions for sustainable energy transition, announced that it had raised $330 million while closing its second flagship fund. The company said ...
/ / Finance and M&A, Other
Sembcorp Industries Raises $496 Million Through Sustainability-Linked Bonds

Sembcorp Industries Raises $496 Million Through Sustainability-Linked Bonds

Singapore-based renewable energy company Sembcorp Industries has raised S$675 million (~$496.1 million) by launching a sustainability-linked bond (SLB) in Singapore. The company’s wholly-owned subsidiary, Sembcorp Financial Services, priced its inaugural bond. International ...
/ / Finance and M&A, Other
India Aims to Meet 60% of Power Demand at Major Ports From Renewables

India Aims to Meet 60% of Power Demand at Major Ports from Renewables

The government aims to meet 60% of power demand at major ports through solar, and wind power, Union Minister for Ports, Shipping, and Waterways Sarbananda Sonwal has said. Currently, renewables meet ...
/ / Uncategorized
Power Finance Corporation Issues India's First-Ever Euro-Denominated Green Bond

Power Finance Corporation Issues India’s First-Ever Euro-Denominated Green Bond

Power Finance Corporation Ltd (PFC), a financial institution under the Ministry of Finance, issued its maiden Euro Green Bond of £300 million (~$353 million) under the U.S. Global Medium Term ...
/ / Finance and M&A, Other
DISCOMs Owed Renewable Generators ₹146 Billion at the End of August 2021

DISCOMs Owed Renewable Generators ₹146 Billion at the End of August 2021

Distribution companies (DISCOMs) owed ₹146.07 billion (~$1.97 billion) to renewable energy generators (excluding disputed amounts) in overdue payment across 259 invoices at the end of August 2021, according to data ...
/ / Grid, Market & Policy
The UK Infuses £265 Million to Support Renewable Energy Projects

The UK Infuses £265 Million to Support Renewable Energy Projects

The U.K. Government will infuse £265 million (~$366 million) to support renewable energy projects in the upcoming Contracts for Difference (CfD) auction. CfDs are 15-year private contracts between renewable energy ...
/ / Other, Renewable Energy
Solar Energy Could Account for 40% of US Electricity Supply by 2035 Report

Solar Energy Could Account for 40% of US Electricity Supply by 2035: Report

The US Department of Energy Solar Energy Technologies Office (SETO) and the National Renewable Energy Laboratory (NREL) have released the Solar Futures Study, which states that solar could account for ...
/ / Markets & Policy, Solar
Shree Cement to Develop 106 MW of Solar Projects to Meet its Captive Power Needs

Shree Cement to Develop 106 MW of Solar Projects to Meet its Captive Power Needs

Kolkata-based cement manufacturer Shree Cement plans to develop 106 MW of solar power projects to meet the captive power needs of its cement manufacturing facilities at various locations. The proposed capacity is ...
/ / Solar, Utility Scale
US to Provide Grants to Generators Increasing the Share of Renewables in Power Portfolio

US to Provide Grants to Generators Increasing the Share of Renewables in Power Portfolio

The United States House Committee on Energy and Commerce has proposed establishing a new program - Clean Electricity Performance Program (CEPP), that provides grants for power companies that increase their ...
/ / Other, Renewable Energy
Daily News Wrap-Up: World Bank Lends $380M to Indonesian Pumped Hydro Storage Plant

Daily News Wrap-Up: World Bank Lends $380M to Indonesian Pumped Hydro Storage Plant

Here are some noteworthy cleantech announcements of the day from around the world: World Bank has approved a $380 million loan to support the 1,040 MW Upper Cisokan pumped hydro ...
/ / Other, Renewable Energy
New Coal Plants to Exhaust ₹2.47 Trillion, Investing in Renewables Can Save ₹432 Billion

New Coal Plants to Exhaust ₹2.47 Trillion, Investing in Renewables Can Save ₹432 Billion

According to the latest report published by the energy think tank Ember and Climate Risk Horizons, 27 GW of proposed new coal power plants in India could deplete scarce public ...
/ / Other, Renewable Energy
Renewables EPC Firm Blattner to be Acquired by Quanta for $2.7 Billion

Renewables EPC Firm Blattner to be Acquired by Quanta for $2.7 Billion

Electrical infrastructure provider Quanta Services has agreed to acquire utility-scale renewable energy contractor Blattner Holding Company for $2.7 billion. Quanta Services will pay $2.36 billion in cash and issue shares ...
/ / Finance and M&A, Solar
TANGEDCO to Develop a 4 GW Solar Park With Battery Energy Storage in Tamil Nadu

TANGEDCO to Develop a 4 GW Solar Park With Battery Energy Storage in Tamil Nadu

Tamil Nadu’s Power Minister V Senthil Balaji informed the legislative assembly that Tamil Nadu Generation and Distribution Corporation (TANGEDCO) would develop a 4 GW solar park with battery energy storage ...
/ / Solar, Utility Scale
Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Mitsubishi Corporation signed a 10-year long-term corporate power purchase agreement (PPAs) with e-commerce giant Amazon. Mitsubishi will supply power to data centers owned and operated by Amazon’s subsidiary, Amazon Web Services. The ...
/ / Solar
Los Angeles to Transition to 100% Renewable Energy by 2035

Los Angeles to Transition to 100% Renewable Energy by 2035

The Los Angeles City Council has voted to have the Los Angeles Department of Water and Power (LADWP) transition to 100% renewable energy by 2035. The proposal was passed in ...
/ / Other, Renewable Energy
Daily News Wrap-Up: TotalEnergies to Build Solar Projects in Iraq

Daily News Wrap-Up: TotalEnergies to Build Solar Projects in Iraq

Here are some noteworthy cleantech announcements of the day from around the world: TotalEnergies, the Iraqi Ministries for oil and electricity, and the National Investment Commission have signed agreements covering ...
/ / Other, Renewable Energy
United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

The Government of the United Kingdom will invest $1.2 billion through public and private investments in green projects and renewable energy in India to support the latter’s target of 450 GW ...
/ / Other, Renewable Energy
Adani Green Energy Raises $750 Million Through Green Bond Issuance

Adani Green Energy Raises $750 Million Through Green Bond Issuance

Renewable energy company Adani Green Energy raised $750 million by issuing its maiden ListCo senior green bond. The bonds will have a tenor of three years at a coupon of 4.375%. Moodys ...
/ / Finance and M&A, Solar
Month in a Minute Top Headlines from Indian Renewable Sector in August 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in August 2021

Here is a recap of some of the most important headlines from August 2021: The Ministry of New and Renewable Energy (MNRE) announced that the country’s installed renewable energy capacity ...
/ / Other, Renewable Energy
Bids Invited for 600 MW of Renewable Energy Projects in Australia

Bids Invited for 600 MW of Renewable Energy Projects in Australia

The government of the Australian state Victoria has issued a request for proposal (RfP) under the Second Victorian Renewable Energy Target Auction (VRET2) to develop at least 600 MW of ...
/ / Solar, Tenders & Auctions