Author: Satish Shetty

About Satish Shetty

Satish Shetty, Associate Editor at Mercom India More articles from Satish Shetty.
Satish Shetty is an Associate Editor with Mercom India. Prior to Mercom, Satish was a multimedia news producer at Reuters, where he gained experience in digital news media. Satish has his Bachelor of Arts (B.A.) degree in Broadcast Journalism from Limkokwing University of Creative Technology, Malaysia. More articles from Satish Shetty.
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Nominations for Mercom India Awards 2023 Now Open

Mercom India is calling for nominations for its third annual ‘Mercom India Awards.’ The awards will be given at Mercom’s flagship event, the Mercom India Renewables...

February 21, 2023

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Satish Shetty

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Other

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Renewable Energy
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ADB to Loan ₹7.5 Billion to SAEL for 74.5 MW Biomass Energy Projects

India-based solar and agricultural waste-to-energy company SAEL Industries has signed loan agreements with the Asian Development Bank (ADB) for up to ₹7.5 billion (~$91....

March 23, 2023

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Satish Shetty

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Other

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Renewable Energy
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Government Approves Renewable Sector Lender IREDA’s IPO

The Indian Renewable Energy Development Agency (IREDA) has received the cabinet nod for listing on stock exchanges after an Initial Public Offering (IPO) via a part sale...

March 20, 2023

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Satish Shetty

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Other

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Renewable Energy
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Indian Oil Floats Tender for O&M of 5 MW Solar Project in Jodhpur

Indian Oil Corporation (IOC) has invited bids for the comprehensive annual rate contract for the operation and maintenance (O&M) of a 5 MW solar power project at...

March 20, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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India Launched Several Green Hydrogen Pilot Projects to Meet 2030 Target

India has initiated multiple green hydrogen pilot projects in its bid to achieve 8 million tons of green hydrogen capacity by 2030, the Union Minister of New and...

March 15, 2023

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Satish Shetty

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Other

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Renewable Energy
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IREDA Receives Infrastructure Finance Company Status from the RBI

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has been granted an ‘Infrastructure Finance Company’ (IFC) status by the Reserve Bank of India...

March 14, 2023

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Satish Shetty

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Other

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Renewable Energy
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Is the Recent Module Price Drop an Outlier or a Developing Trend?

Prices of solar modules imported from China are trending downward, worrying domestic manufacturers because they can’t compete if prices keep declining. Imported module...

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Government Allows a Final Extension for Solar Projects Under KUSUM Program

The Ministry of New and Renewable Energy (MNRE) has granted a final extension to solar projects pending installation under Component A of the Pradhan Mantri Kisan Urja...

February 20, 2023

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Satish Shetty

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Markets & Policy

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Solar
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Power Minister Confirms ALMM Exemption for Solar Projects for Two Years

Confirming the Mercom exclusive from last week, the Union Minister of Power and New and Renewable Energy, R.K. Singh, has said that the government has decided to relax...

February 13, 2023

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Satish Shetty

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Manufacturing

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Markets & Policy

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Modules

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Solar
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EU Proposes Mandate to Use Renewable Electricity to Produce Green Hydrogen

(The article updates to include more information from the proposed framework draft) The European Commission has proposed a detailed new framework for green hydrogen...

February 15, 2023

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Satish Shetty

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Other

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Renewable Energy
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Flux Power’s Q2 Net Loss Narrows to $1.7 Million on Increased Sales

Flux-Power, a U.S.-based lithium-ion energy storage solutions provider, posted a net loss of $1.7 million during the second quarter (Q2) of the financial year (FY) 2023...

February 14, 2023

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Satish Shetty

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Energy Storage

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Finance and M&A

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Market & Policy
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Mercom India Launches the Cleantech Startup Pitch Competition

Mercom India, a clean energy research and communications firm, will host its first-ever Startup Pitch competition to provide a big stage for Indian entrepreneurs and...

February 10, 2023

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Satish Shetty

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Other

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Renewable Energy
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Government May Lift ALMM Mandate for Solar Projects by up to Two Years

The government may provide relief to solar developers in the country by exempting them from the requirement of procuring solar modules only from the Approved List of...

February 8, 2023

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Satish Shetty

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Manufacturing

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Markets & Policy

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Modules

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Solar
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Greenko to Export 250,000 Tons of Green Ammonia Annually to Uniper

Greenko ZeroC, the green molecule production arm of the Hyderabad-based Greenko group, and Uniper, a Germany-based energy company, have begun negotiations for the...

February 9, 2023

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Satish Shetty

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Other

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Renewable Energy

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