Author Archives: Gourav Mishra

About Gourav Mishra

Gourav is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master's in journalism from Jain University, Bengaluru. More articles from Gourav Mishra.

gourav@mercomindia.com

@mishra_2202

Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

The draft Punjab Electric Vehicle Policy 2022 has targeted 25% of annual vehicle registrations to be electric vehicles (EVs) by 2027. The draft policy issued by the Punjab Department of ...
EESL Invites Bids for 24 MW Polycrystalline Modules in Maharashtra

EESL Invites Bids for 24 MW of Polycrystalline Modules in Maharashtra

The Energy Efficiency Services Limited (EESL) has issued a notice inviting tender (NIT) from contractors to supply 24 MW of solar polycrystalline  modules (330W and above) for its decentralized grid-connected ...
/ / Solar, Tenders & Auctions
REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC Limited, a public infrastructure finance company under the Ministry of Power, is being considered to be given the status of a development financial institution (DFI) to steer global climate ...
Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

UPL, a company providing solutions for sustainable agriculture, announced a joint venture (JV) with Mumbai-based renewable energy company CleanMax Enviro Energy Solutions (CleanMax) to establish a 61.05 MW wind-solar hybrid ...
/ / Other, Renewable Energy
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

EV Charging Infrastructure Company TeraWatt Raises $1 Billion

New York-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by ...
Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Indian solar monitoring and analytics platform Prescinto Technologies has raised $6.5 million in financing and forayed into the U.S. market. The company is partnering with a major international energy storage ...
Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu, a Bengaluru-based shared electric mobility-as-a-service (MaaS) and battery-as-a-service (BaaS) provider, has secured equity funding of ₹6.5 billion ($82 million) in a Series-B funding round led by U.S.-based mobility technology ...
/ / Electric Vehicles, Grid
NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC Issues EPC Tender for an 8 MW Solar Power Project in Madhya Pradesh

NHDC, a joint venture between the Government of Madhya Pradesh and NHPC, has issued a notice inviting tender (NIT) for the engineering, procurement, and construction (EPC) of an 8 MW ...
/ / Solar, Tenders & Auctions
Nxtra by Airtel Partners with Bloom Energy to Deploy Fuel Cell Technology

Nxtra by Airtel Partners with Bloom Energy to Deploy Fuel Cell Technology

Telecom company Bharti Airtel’s subsidiary Nxtra Data has partnered with solid-oxide fuel cells manufacturer Bloom Energy to deploy a low-environmental impact fuel cell installation at its data center in Karnataka ...
/ / Other, Renewable Energy
Serentica to Install 1.5 GW of Wind- Solar Hybrid Projects in Three Indian States

Serentica to Install 1.5 GW of Wind- Solar Hybrid Projects in Three Indian States

Serentica Renewables will install approximately 1.5 GW of wind-solar hybrid power projects across Rajasthan, Karnataka, and Maharashtra in India, marking the launch of the company’s renewable energy platform in the ...
/ / Other, Renewable Energy
US Generated 24% of the Country's Power from Renewable Sources During 1H 2022

US Generated 24% of the Country’s Power from Renewable Sources During 1H 2022

Around 24% of the utility-scale electricity generation came from renewable resources in the United States during the first half (1H) of 2022, a growth of 21% from the same period ...
/ / Other, Renewable Energy
Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report

Overall solar installations across all market segments in the United States are likely to triple in size, increasing from 129 GW to 336 GW in the next five years, a ...
/ / Markets & Policy, Solar
Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European Investment Bank (EIB) and commercial banks to ...
/ / Finance and M&A, Other
Supply Chain Disruptions, Delayed Product Sales Hit ReneSola’s Financials in Q2 2022

Supply Chain Disruptions, Delayed Product Sales Hit ReneSola’s Financials in Q2 2022

ReneSola Power, a solar developer, posted net revenue of $8.6 million for the second quarter (Q2) of 2022, a year-over-year (YoY) fall of 54% from $18.88 million. The company attributed ...
/ / Finance and M&A, Solar
Tata Power to Develop 100 MW Captive Solar Project for Viraj Profile's Steel Plant

Tata Power Renewable Energy to Develop 100 MW Captive Solar Project for a Steel Plant

Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Tata Power, will set up a 100 MW captive solar project for stainless steel manufacturer Viraj Profile at Tarapur in Maharashtra ...
Sterlite Commissions 400 kV Transmission Line to Evacuate 1 GW of Renewables from Gujarat

Sterlite Commissions 400 kV Transmission Line to Evacuate 1 GW of Renewables From Gujarat

Mumbai-based integrated power transmission developer Sterlite Power's Mumbai Urja Marg Transmission (MUML) commissioned a 400 kV transmission line in the Banaskantha, Kansari, and Vadavi regions of Gujarat, four months ahead ...
/ / Grid, Market & Policy
Togo Issues RfP to Selected Bidders for a 50 MW Grid-Connected Solar Project

Togo Issues RfP to Select List of Bidders for a 50 MW Solar Project

The government of Togo, a sub-Saharan country in West Africa, has issued a request for proposal (RfP) to a select list of bidders for developing and financing a 50 MW ...
/ / Solar, Tenders & Auctions
Bids Invited for a 1.5 MW Solar Rooftop System in Gujarat

Bids Invited for a 1.5 MW Rooftop Solar System in Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has issued a request for proposal (RfP) to select contractors for the design, engineering, supply and procurement, erection, testing, commissioning, and comprehensive operation ...
/ / Solar, Tenders & Auctions
New Battery Waste Management Rules Mandates Recycling by Local Producers and Importers

New Battery Waste Management Rules Mandates Recycling by Local Producers and Importers

The Ministry of Environment, Forest, and Climate Change has published the Battery Waste Management Rules, 2022 ensuring environment-friendly management of waste batteries, including electric vehicle (EV), portable, and automotive and ...
Reliance to Acquire Majority Stake in Solar Software Company SenseHawk for $32 Million

Reliance to Acquire Majority Stake in Solar Software Company SenseHawk for $32 Million

Reliance Industries (RIL) has signed definitive agreements to acquire a 79.4% stake in SenseHawk, a solar digitization platform SaaS that helps customers develop, build and operate solar and other infrastructure ...
/ / Finance and M&A, Solar
Bhutan Invites Bids to Develop 17.38 MW Sephu Solar Project

Bhutan Invites Bids to Develop 17.38 MW Sephu Solar Project

Bhutan’s Ministry of Economic Affairs, on behalf of the Department of Renewable Energy, has invited bids for the design, procurement, construction, and completion of the 17.38 MW Sephu solar photovoltaic ...
/ / Solar, Tenders & Auctions
US Needs to Deploy 90 GW Solar, 150 GW Wind Capacity Annually to Decarbonize Electric Grid

US Needs to Deploy 90 GW Solar, 150 GW Wind Capacity Annually to Decarbonize Electric Grid

The United States needs to deploy 40–90 GW of solar and 70–150 GW of wind energy every year until 2030 to decarbonize the country’s power sector by 2035, a report ...
/ / Other, Renewable Energy
First Solar to Invest $1.2 Billion to Scale Production of US-Made Solar PV Modules

First Solar to Invest $1.2 Billion to Scale Production of US-Made Solar PV Modules

U.S.-based solar module manufacturer First Solar has announced an investment of $1.2 billion to scale the production of American-made, responsibly-produced photovoltaic (PV) solar modules totaling 4.4 GW, to support the ...
/ / Other, Renewable Energy
Reliance Targets 20 GW Solar Power Generation Capacity by 2025 for Captive Use

Reliance Targets 20 GW Solar Power Generation Capacity by 2025 for Captive Use

Diversified Indian conglomerate Reliance Industries (RIL) has targeted installing 20 GW of solar energy generation capacity by 2025. Addressing RIL’s annual general meeting, Group Chairman Mukesh Ambani said that the ...
/ / Other, Renewable Energy
Harsh Shah Steps Down as Azure Power CEO Two Months After Taking Charge

Harsh Shah Steps Down as Azure Power CEO Two Months After Taking Charge

Independent power producer Azure Power Global announced the resignation of its Chief Executive Officer (CEO), Harsh Shah, two months after he took charge. Rupesh Agarwal, who was appointed by Azure ...
/ / Other, Renewable Energy