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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IEX Trades 358 MU of Green Energy in May 2023, a 44% YoY Drop

The Indian Energy Exchange (IEX) traded 358 million units (MU) of renewable energy during May 2023, a 28% increase from 280 MU traded in April and a 44% year-over-year...

June 6, 2023

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Satish Shetty

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Other

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Renewable Energy
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Chinese Low-Cost Solar Exports Challenge US, EU and India Reshoring Policies

China’s solar exports surged by 64% to $52 billion in 2022, on the back of low-cost supply and technological expertise, despite global trade tensions, according to a...

May 23, 2023

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Satish Shetty

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Manufacturing

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Markets & Policy

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Solar
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Optimal Tariffs and Efficient Forecasting Mitigate Project Financing Risks: Interview

Better forecasting and optimal and buffered project tariffs reduce the risks and make it easy for lenders to finance renewable projects over a longer term, P K Sinha, ED...

May 23, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Saudi Sovereign Fund Subsidiary and ACWA to Develop 4.55 GW of Solar Projects

Saudi Arabia’s Public Investment Fund’s (PIF) subsidiary, The Water and Electricity Holding Company (Badeel), and ACWA Power, the country’s energy major, announced an...

May 22, 2023

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Satish Shetty

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Markets & Policy

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Solar
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Independent Testing Key for Indian Solar Module Makers to Export: Interview

Independent and reliable testing labs for solar modules ensure that even small manufacturers without an established brand name can distinguish themselves based on their...

May 22, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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C&I Projects Yield Better Returns Than Utility-scale PPA Portfolios: SBI Interview

Lenders are more receptive to funding renewable transactions encouraging corporates striving towards a carbon-neutral environment and adding value to their brands,...

May 17, 2023

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Satish Shetty

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Finance and M&A

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Other
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Strict Financing Rules & Penalties for Non-Payment Help Improve DISCOMs’ Performance

Stricter regulations around financing, severe penalties for non-payment of dues, mandatory energy accounting, and auditing are the driving factors behind the...

May 11, 2023

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Satish Shetty

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AT&C

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Grid

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Market & Policy
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EU to Quantify Carbon Footprint of Solar Modules Used in the Region

The European Commission has developed a methodology to quantify the carbon footprint of solar photovoltaic (PV) modules used and manufactured in the EU region, to be...

May 10, 2023

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Satish Shetty

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Markets & Policy

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Modules

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Solar
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New Solar Module Technologies Must Factor in Local Weather Conditions

The rapidly growing renewable energy sector calls for significant technological breakthroughs to support its faster and more affordable adoption across the globe. The...

May 4, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar

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Technology
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India Could Attract $500 Billion Funding for 450 GW Renewables Goal by 2030

India could attract massive investments to fund the ambitious renewable capacity addition currently underway to meet the 450 GW capacity target by 2030. It allows...

May 2, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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States levying Water and Air Cess on Electricity Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydropower projects,...

April 28, 2023

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Satish Shetty

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Other

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Other Energy

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Renewable Energy

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Wind
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Indian Corporates Are Poised for a Leap in Renewable Transition Trajectory

The industrial sector continues to be one of the most significant contributors to India’s renewable energy transition journey, driven by a host of factors, including...

April 28, 2023

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Satish Shetty

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C&I

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Consumers

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Markets & Policy
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Locally Sourced Equipment, Skilled Manpower Vital for Resilient Supply Chain

Despite the growing domestic solar manufacturing capacity, acquiring the right technology, equipment, and skilled labor remains a challenge as India tries to secure its...

April 26, 2023

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Satish Shetty

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Manufacturing

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Solar
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Leh to Receive India’s First-ever Green-Hydrogen Fuel Cell Microgrid

Uneecops Technologies, a Delhi-based green hydrogen and solar developer, has won the engineering, procurement, and construction (EPC) contract for setting up a green...

April 24, 2023

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Satish Shetty

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Grid

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Microgrid

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Other

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Renewable Energy
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Enerture Tech Wins Consultancy Contract for 110 MW in Karnataka

Enerture Technologies, a New Delhi-headquartered solar project developer, has won the project management consultancy contract for the implementation of a 110 MW solar...

April 7, 2023

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Satish Shetty

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Solar

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Tenders & Auctions

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