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Daily News Wrap-Up: Bihar’s 185 MW Solar with 254 MWh Battery Storage Tender

Bihar State Power Generation Company has invited bids to set up a 185 MW grid-connected solar power project with a 254 MWh battery energy storage system in Kajra village...

December 18, 2023

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Satish Shetty

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Daily Wrap-up
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UK Government Pledges $2.2 Billion to Scale Green Hydrogen Production

The UK government has unveiled a £2 billion (~$2.19 billion) government investment initiative to help expand green hydrogen production in the country, spanning from the...

December 15, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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UK Announces $1.2 Billion to Support Clean Energy Manufacturing

The UK government has pledged to provide £960 million (~$1.19 billion) for the Green Industries Growth Accelerator to support clean energy manufacturing. This investment...

November 20, 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: Solar Power Generation in India Up 19% YoY in Q3 2023

India generated approximately 27 billion units of solar power in the third quarter of the calendar year 2023, up 19% year-over-year , according to the data published by...

November 17, 2023

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Mercom Staff

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Daily Wrap-up
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UK Increases Offshore Wind Bid Price by 66% and Solar by 30%

The UK government has announced an increase in the maximum price for offshore wind projects to ensure the effectiveness of the Contracts for Difference (CfD) program....

November 16, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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Brookfield Bolsters UK Portfolio with Banks Renewables Acquisition

The Banks Group, a Durham headquartered infrastructure and energy firm, announced the acquisition of Banks Renewables, its renewable energy division, by global asset...

October 3, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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UK Grants CfDs for 3.7 GW of Clean Energy Projects in Fifth Round

The United Kingdom has announced the allocation of Contracts for Difference (CfDs) to 95 new renewable energy projects, securing a substantial 3.7 GW of clean energy...

September 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Atlantica’s Profit Jumps by 121% YoY in Q2 on Higher Operational Income

UK-headquartered power infrastructure company Atlantica Sustainable Infrastructure recorded a net profit of $35.65 million for the second quarter (Q2) of the financial...

August 2, 2023

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Arjun Joshi

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Other

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Renewable Energy
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IIT Jodhpur Proposes Offshore Wind Farms to Cool Nuclear Plants

Researchers from the Indian Institute of Technology (IIT Jodhpur) have put forth a proposal to employ offshore wind farms as reliable power sources for meeting the...

May 23, 2023

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Gautamee Hazarika

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Technology

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Wind
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Atlantica’s Q1 Revenue from Renewables Segment Drops 5% YoY

UK-headquartered Atlantica Sustainable Infrastructure’s net loss narrowed to $11 million for the first quarter (Q1) of the financial year (FY) 2023 compared with $12...

May 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Upcoming Auctions May Not Meet UK’s 50 GW Offshore Wind Target by 2030

Energy industry trade association Energy UK has warned that the upcoming Contracts for Difference (CfD) auction will not be sufficient to meet the UK Government’s...

May 9, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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ESG Ratings Not Yet a Focus for Indian Banks in Trade Finance Transactions

There is a positive momentum towards sustainability in supply chain finance as more banks are utilizing Environmental, Sustainable, and Governance (ESG) rating services...

May 3, 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: Energy Storage Corporate Funding Falls 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital, public market, and debt financing, amounted to $2.2 billion in 27 deals in the first quarter...

April 19, 2023

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Mercom Staff

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Daily Wrap-up
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UK Mulls Introducing Sustainability Weightage for Renewable Project Bids

The UK government will introduce non-price factors in its Contracts for Difference (CfD) program for renewable energy projects as a major shift from the cost-only model...

April 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Tokyo Electric Power to Build 1.9 GW Offshore Wind Projects in Scotland

Flotation Energy (FE), a subsidiary of TEPCO Renewable Power based in Edinburgh, Scotland, and Norway-based Vårgrønn, have received exclusive rights from Crown Estate...

March 28, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind

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