Uncategorized

thumbnail
Funding and M&A Roundup: Origis Energy Secures $300 Million Funding from KKR

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, secured a $300 million corporate credit...

May 22, 2024

/

Staff

/

Uncategorized
thumbnail
India Now Third Largest Solar Power Producer But Emissions Rise in 2023: Report

India’s power sector emissions rose 7.2% in 2023 from the previous year as a decline in hydropower generation due to droughts, particularly in the second half of...

May 10, 2024

/

Arshreet Singh

/

Uncategorized
thumbnail
Project Finance Brief: energyRe Secures $240 Million for Solar and Storage Project

From: Mercom Capital Group energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax...

May 8, 2024

/

Staff

/

Uncategorized
thumbnail
IOC Floats Tender for 10 KTA Green Hydrogen Unit at Panipat Facility

Indian Oil Corporation (IOC) has issued a tender for a green hydrogen generation unit (GHGU) of 10 KTA capacity on a build-own-operate (BOO) basis at its Panipat...

thumbnail
Month in a Minute: Top Headlines from Indian Renewable Sector in February 2024

Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...

March 7, 2024

/

Gautamee Hazarika

/

Other

,

Renewable Energy

,

Uncategorized
thumbnail
Project Finance Brief: Recurrent Energy Secures Funding for 119 MW Solar Project

From: Mercom Capital Group Recurrent Energy, a global developer, owner, and operator of solar and energy storage, secured financial closure on the 119 MW Horus Solar...

March 6, 2024

/

Sohini Aich

/

Uncategorized
thumbnail
Maharashtra Floats Tender for 3,048 MW Solar Power Under KUSUM

MSEB Solar Agro Power (MSAPL), a wholly owned subsidiary of Maharashtra State Electricity Board (MSEB Holding Company), has floated 14 tenders to procure a cumulative...

February 22, 2024

/

Gautamee Hazarika

/

Uncategorized
thumbnail
Ambuja Cements to Invest ₹60 Billion on Green Energy Transition

Ambuja Cements, a cement company under Adani Group, has invested ₹60 billion (~$723 million) in renewable energy projects with a capacity of 1,000 MW. The projects will...

December 18, 2023

/

Staff

/

C&I

,

Renewable Energy

,

Uncategorized
thumbnail
Project Finance Brief: Ashtrom Secures Financing for 400 MW Solar Project

From: Mercom Capital Group Ashtrom Renewable Energy, an independent power producer and subsidiary of the Israel-based Ashtrom Group, has secured $270 million for its 400...

October 11, 2023

/

Sohini Aich

/

Uncategorized
thumbnail
Funding and M&A Roundup: Group14 Technologies Secures $34 Million Funding

From: Mercom Capital Group Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor....

October 4, 2023

/

Staff

/

Uncategorized
thumbnail
US Adds 5.6 GWdc of New Solar Capacity in Q2 2023: Report

The U.S. solar industry installed 5.6 GWdc of new capacity in the second quarter (Q2) 2023, a year-over-year increase of 20%, according to the U.S. Solar Market Insight...

September 8, 2023

/

Rakesh Ranjan

/

Markets & Policy

,

Solar

,

Uncategorized
thumbnail
Suzlon’s Profit Increases Nineteen-fold to ₹29 Billion in FY23

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹3.2 billion (~$38.7 million) during the fourth quarter (Q4) of the financial year (FY) 2023, an increase...

May 31, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy

,

Uncategorized
thumbnail
Project Finance Brief: Clearstone Energy Sells 107 MW BESS Project

From: Mercom Capital Group Clearstone Energy, a solar and battery energy storage projects developer, announced the sale of two Battery Energy Storage System projects in...

thumbnail
Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

thumbnail
ReNew Energy Subsidiary Raises $400 Million via Green Bonds

ReNew Energy has raised $400 million through its fully owned subsidiary Diamond II from senior secured green bonds. The green bonds issued by ReNew’s subsidiary...

1

2

3

...

6