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India has made strides in expanding its renewable energy capacity over the past year, but a funding gap of over $100 billion could still derail it from meeting...
From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, secured a $300 million corporate credit...
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...
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...
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...
Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...
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...
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...
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...
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...
From: Mercom Capital Group Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor....
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...
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...
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...
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