climate-change

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JSW’s Renewables Arm Acquires 45 MW Wind Project from Reliance Power

JSW Renewable Energy, a subsidiary of JSW Neo Energy Limited and a step-down subsidiary of JSW Energy, has expanded its renewable energy portfolio with the ₹1.32 billion...

March 26, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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India, Japan Launch $600 Million Fund Focusing on Low Carbon Emission Strategies

The Japan Bank for International Cooperation (JBIC) and the Government of India (GoI) have signed an agreement to establish a $600 million India-Japan Fund (IJF) to...

October 4, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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SBI Seeks Consultants to Measure Carbon Footprint in Bank’s Lending Portfolio

State Bank of India (SBI) has invited bids to select consultants to measure the carbon footprint in the bank’s lending portfolio and provide comprehensive solutions in...

August 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Tenders and Auctions
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Germany Approves €57 Billion Green Investment Plan to Tackle Climate Change

The Federal Cabinet of Germany granted its approval to the draft business proposal for the specialized “Climate and Transformation Fund” (KTF) for 2024,...

August 11, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Portugal Revisits Climate Plan, Aims for 80% Renewable Energy by 2026

The Government of Portugal has announced a plan to accelerate the incorporation of renewable energy sources in its electricity generation, aiming to achieve 80% of its...

July 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Industries in Tamil Nadu Can Save up to ₹2/kWh with Open Access Solar

There is a significant rise in the adoption of open-access solar projects by commercial and industrial (C&I) consumers, and this trend is particularly noticeable in...

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Karnataka’s C&I Consumers Can Cut 20-30% in Power Costs with Open-Access Solar

In recent years, there has been a noticeable surge in the number of commercial and industrial (C&I) consumers in India embracing open-access solar projects to...

June 16, 2023

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Gautamee Hazarika

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C&I

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Consumers

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Mercom Research Focus

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Solar
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Uncertainty Looms Large Over Nations Meeting Net Zero Goals: Study

A recent study by environmental researchers from renowned universities across the globe highlights a credibility gap between the climate change goals and the on-ground...

June 15, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Faster Deployment of Renewable Energy a Must to Achieve Climate Change Goals

To achieve universal access to affordable, reliable, and sustainable energy and achieve climate change goals, there is a need for accelerated deployment of renewable...

June 8, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Netherlands to Spend €28 Billion on New Climate Package

The Netherlands has presented a new climate package worth €28 billion (~$31 billion) to reduce greenhouse gas emissions and combat climate change, in line with the...

May 8, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Australia to Introduce Sovereign Green Bonds Program in 2024

The Australian Government will introduce a sovereign green bonds program in 2024 to enable investors to support public projects driving Australia’s net-zero...

April 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Hard-to-abate Sectors Call for Financing to Support Decarbonization

Decarbonization budgets are a significant source of concern, with less than a third of executives from ‘hard-to-abate’ industries saying they have adequate budgets to...

March 9, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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MIT Researchers Find Way to Remove Carbon Dioxide from Seawater

Researchers from the Massachusetts Institute of Technology (MIT) said they have discovered the key to removing carbon dioxide directly from ocean water, which absorbs...

February 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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Technology
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Cabinet Approves ₹197 Billion National Green Hydrogen Mission

The Union Cabinet has approved the National Green Hydrogen Mission to facilitate demand creation, production, utilization, and export of green hydrogen with an initial...

January 4, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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