Renewable Energy

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Multi-faceted Approach Key to Scaling Green Hydrogen Production in India

Green hydrogen is emerging as a key solution to decarbonize hard-to-abate sectors. However, the key to adoption depends on the availability of renewable energy,...

July 26, 2024

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Gautamee Hazarika

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Renewable Energy
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Inspire Clean Energy Wins Mercom India’s Second Startup Pitch Competition

Inspire Clean Energy, a Mumbai-based solar asset, operations and maintenance management company, emerged as the winner of Mercom’s Second Startup Pitch Competition for...

July 26, 2024

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Arjun Joshi

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Renewable Energy
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Adani Green’s Q1 FY 2025 Revenue Rises 24% on Higher Capacity

Renewable energy company Adani Green Energy (AGEL) reported that its revenue surged by 24% year-over-year to ₹25.28 billion (~$301 million) in the first quarter of...

July 26, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Winners of Mercom’s 2024 Renewable Industry Awards Announced

At the ongoing Mercom India Renewables Summit 2024 in New Delhi, Mercom India announced the winners of the fourth annual Mercom India Awards. These prestigious awards...

July 25, 2024

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Staff

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Renewable Energy
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Policies Must Focus on Entire Value Chain of Domestic Solar Manufacturing

India is working to enhance its domestic manufacturing capabilities for renewable energy projects and to fortify local supply chains to achieve its clean energy goals....

July 25, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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India’s Clean Energy Transition Targets Demand Greater Urgency

India’s energy landscape is on the brink of a transformative shift, driven by the urgent need to address climate change, energy security, and economic growth. The...

July 25, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

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Suzlon’s Q1 2025 Net Profit Soars to ₹3 Billion, Up 200% YoY

Wind turbine manufacturer Suzlon Energy recorded a net revenue of ₹20.16 billion (~$241.02 million) during the first quarter (Q1) of the financial year (FY) 2025, a...

July 23, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Ohmium Launches PEM Electrolyzer Gigafactory in Bengaluru

Ohmium International, a provider of green hydrogen solutions, has launched a gigafactory in Doddaballapura, near Bengaluru. The facility, spanning 14,000 square meters,...

July 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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RTC Renewable Products Must be Redesigned to Meet Demand Curve: Economic Survey

In its Economic Survey 2023-2024 presented to the Parliament by Finance Minister Nirmala Sitaraman, the Union Government has said round-the-clock (RTC) renewable energy...

July 22, 2024

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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Creating a Supportive Policy Environment for Renewable Energy Deployment

Facilitating the widespread adoption of renewable energy requires a coordinated effort between state and central agencies. Equally important is establishing a policy...

July 22, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Current Renewable Energy Growth Rate Falls Short of 2030 Target: IRENA

The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate of 16.4% in renewable energy...

July 22, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Made-to-Order: The Future of Hybrid Power Projects

India’s renewable energy projects have evolved from standalone solar and wind installations to highly customized hybrid power projects, often incorporating energy...

July 19, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Solar Industry’s 2024 Budget Wishlist: Tax Cuts, GST Reforms and Fiscal Incentives

With India’s aggressive clean energy push likely to sustain the momentum it has seen in recent years, all eyes are on the Union Budget 2024 to be presented by...

July 19, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Renewable Energy
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MNRE Revises CFA Rate for Biomass Pellet Manufacturing Units

The Ministry of New and Renewable Energy (MNRE) has revised the Central Financial Assistance (CFA) rates for biomass pellet manufacturing units under the National...

July 18, 2024

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Staff

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Other

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Renewable Energy

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