Renewable

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IFC Invests ₹3.75 Billion in Tata Cleantech Capital’s Sustainability Bonds

International Finance Corporation (IFC), a member of the World Bank Group, will invest ₹3.75 billion (~$46 million) through sustainability-linked bonds (SLB) issued by...

March 28, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Swedish Firm Says Perovskite-CIGS Tandem Solar Cells Yield 24.9% Efficiency

Midsummer, a Swedish developer, in collaboration with researchers at the University of California, Los Angeles (UCLA), has developed a four-terminal perovskite-CIGS...

March 23, 2023

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Gautamee Hazarika

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Solar

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Technology
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Sterlite Bags ISTS Project to Evacuate 20 GW of Renewables in Rajasthan

Sterlite Power has bagged an interstate transmission system (ISTS) project for the evacuation of 20 GW of power from renewable energy zones in Rajasthan under Phase III,...

March 17, 2023

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Gourav Mishra

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Grid

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T&D
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Daily News Wrap-Up: Sembcorp to Expand its Renewable Business in India

Sembcorp India has a diverse portfolio of conventional and renewable energy assets totaling over 5 GW, currently in operation and under construction. Sembcorp Green...

March 17, 2023

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Mercom India

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Daily Wrap-up
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Assam Cabinet Approves Setting Up of 620 MW of Renewable Energy Projects

The Assam Cabinet has given in-principle approval for setting up 620 MW of renewable energy projects under a joint venture between the Assam Power Generation Corporation...

March 16, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Origis Announces Close of $750 Million Credit Facility for Solar & Storage

Origis Energy, a vertically integrated renewable energy platform, announced the closing of an upsizing amendment to the development of their solar plus energy storage...

March 9, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Researchers Find Growing Crops at Solar Farms Improves Panel Efficiency

Researchers from Cornell University have found that growing commercial crops on solar farms is a potentially efficient use of agricultural land, which can increase both...

March 7, 2023

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Gautamee Hazarika

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Solar

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Technology
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Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects

Jindal Stainless has announced it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a...

March 6, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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Adani Green’s Operating Renewables Portfolio Crosses 8 GW

Adani Green Energy Ltd (AGEL), the renewables arm of the Adani Group, said its fourth wind-solar hybrid power project has become fully operational at Jaisalmer in...

March 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Tracker Systems Provider FTC Solar’s Loss Narrows by 14% YoY in 2022

United States-based solar tracker systems provider FTC Solar posted a net loss of $20.5 million in the fourth quarter (Q4) of 2022, a year-on-year (YoY) improvement of...

March 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Daily News Wrap-Up: India Adds 1.6 GW of Rooftop Solar in 2022

India added 1.6 GW of rooftop solar capacity in the calendar year 2022, nearly a 4% decline year-over-year (YoY), compared to 1.7 GW in 2021, according to Mercom India...

March 2, 2023

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Mercom India

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Daily Wrap-up
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BlueOrchard Invests in U-Solar for Expanding C&I Rooftop Solar Portfolio

An infrastructure fund managed by BlueOrchard Finance (BlueOrchard) said it would invest in U-Solar, a renewable energy platform in India, to support the growth of the...

March 1, 2023

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Gautamee Hazarika

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C&I

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Finance and M&A

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Rooftop

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Solar
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Daily News Wrap-Up: Transmission System Approved for 1.5 GW Solar Power in Karnataka

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Gadag II-A Transmission to establish a transmission system for the solar...

March 1, 2023

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Mercom India

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Daily Wrap-up
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Researchers Find New Method to Create Next-Generation Solar Cells

A team of researchers led by Penn State University has created a new process to fabricate large perovskite devices that are more cost and time effective and holds the...

February 28, 2023

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Gautamee Hazarika

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Solar

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Technology

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