emission

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Japan Bank Loans ¥2.6 Billion to PFC for Emissions Reduction Projects

Power Finance Corporation (PFC) has inked a project loan agreement with the Japan Bank for International Corporation (JBIC) for a ¥2.6 billion (~$20.2 million) facility....

March 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Green Hydrogen Can Help India Save ₹1 Trillion on Fuel Imports by 2030

Union Minister of Renewable Energy and Power R. K. Singh informed the Rajya Sabha that the government aims to reduce a total of ₹1 trillion (~$12 billion) worth of...

March 17, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Essar to Invest $3.6 Billion in Energy Transition Projects in UK and India

Multinational conglomerate Essar Group has launched the Essar Energy Transition (EET) initiative with an investment of $3.6 billion to develop a range of low-carbon...

February 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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European Union Parliament Passes Law to Ban Fossil Fuel Cars by 2035

The European Parliament has approved a law that effectively bans the sales of new petrol and diesel cars in Europe from 2035 to accelerate measures to cut 100% of carbon...

February 15, 2023

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Gourav Mishra

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Other

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Renewable Energy
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IT Major Wipro Pledges Net-Zero Greenhouse Gas Emissions by 2040

Information technology giant Wipro Limited has pledged to achieve net-zero greenhouse gas emissions by 2040 in line with the objective of the Paris Agreement to cap...

April 23, 2021

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Staff

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Other

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Renewable Energy
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CDC Announces $30 Million Green Lending Facility to Tata Cleantech Capital

U.K.’s development finance institution and impact investor, CDC Group, has announced a $30 million facility to Tata Cleantech Capital Limited (TCCL) through...

January 29, 2021

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Rahul Nair

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Finance and M&A

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Other
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Jhansi Smart City Issues Rooftop Solar Tenders for its Schools and Government Offices

In a bid to be self-sufficient in energy and to curb harmful emissions, the Jhansi Smart City Limited has issued two tenders to set up rooftop solar photovoltaic (PV)...

June 20, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Renewables to be the Primary Source of Energy by 2040 Surpassing Coal: BP Energy Outlook

Renewable energy is the fastest growing source of energy, accounting for around half of the increase in energy and is set to penetrate the global energy system more...

June 19, 2019

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Saumy Prateek

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Other

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Renewable Energy
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31 Companies Join Climate Action Initiative, Adopt EVs to Fight Toxic Air

The Climate Group is targeting the electrification of more than 2 million vehicles by 2030 under its EV100 initiative.  EV100 is a global initiative by The Climate Group...

February 8, 2019

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Nitin Kabeer

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Electric Vehicles

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Market & Policy
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Tata Cleantech Raises ₹1,800 Million from Netherland’s FMO through Green Bonds

Tata Cleantech Capital Limited (TCCL) has raised ₹1,800 million (~$25.62 million) through green bonds from FMO, the Netherlands Development Finance Company. Tata...

January 4, 2019

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Nitin Kabeer

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Finance and M&A

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Solar
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Skoda Auto India Goes Green, Installs Solar Carport at its Production Facility

Škoda Auto, a Czech Republic based automobile company, has installed 1 MW of rooftop solar project at its production facility in Aurangabad, in the state of Maharashtra....

October 18, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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juwi Group Completes a 135 MW Solar Project in Karnataka

The juwi Group, a German developer and engineering procurement & construction (EPC) company, has built a 135 MW DC utility-scale solar power project for Energon...

July 6, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Fotowatio Renewable Ventures to Develop 55 MW Solar PV Project in Armenia

Fotowatio Renewable Ventures (FRV), a developer of renewable energy utility-scale projects, will develop a 55 MW solar photovoltaic (PV) project in Armenia. The Armenia...

July 4, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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EV Adoption Could Generate $11 Billion for DISCOMs: ASSOCHAM-EY

Distribution companies (DISCOMs) in India are likely to witness to a windfall once mass adoption of electric vehicles (EVs) begins across the country, predicted a new...

June 18, 2018

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Saumy Prateek

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Electric Vehicles

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Energy Storage
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Is India’s Electric Vehicle Push for Real This Time?

The shift from fossil-fuel powered vehicles to electric vehicles (EVs) has become more important than ever for India. The country has to embrace EVs quickly, if it wants...

May 22, 2018

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Saumy Prateek

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Mercom Research Focus

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Other

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