energy-transition

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Germany’s 2023 Solar Capacity Soars to Record 14.2 GW, 91% Increase YoY

Germany installed 3.5 GW of solar power capacity in the fourth quarter (Q4) of 2023, a 105.8% year-over-year (YoY) growth from 1.7 GW. On a quarter-over-quarter basis,...

January 24, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Solar to Dominate US Power Generation Capacity with 10x Growth by 2050

Wind energy deployment in the U.S. is expected to reach 770 GW and solar 1,090 GW by 2050, representing 5x and 10x increases over current levels, respectively, according...

January 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Mercom India Launches 2024 C&I Clean Energy Meet Series in Bengaluru

Mercom India is launching its third installment of the “C&I Clean Energy Meet” series in 2024. This series of events, spanning eight major cities, will...

January 23, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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First Solar Opens 3.3 GW Solar Module Manufacturing Facility in Tamil Nadu

U.S.-based photovoltaic (PV) modules manufacturer First Solar has inaugurated its fully vertically integrated solar manufacturing facility in Tamil Nadu. The India...

January 12, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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China Bans Export of Rare Earths Extraction and Processing Technology

In yet another move to protect its control over clean energy supply chains, China has banned the export of technology to extract and process some rare earth metals. The...

December 26, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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China Places Curbs on Export of Graphite Used in EV Batteries

The battle for control of critical minerals has taken another turn, with China placing restrictions on the export of graphite used in electrical vehicle (EV) batteries....

October 20, 2023

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Rooftop Solar Company Freyr Energy Secures $7 Million Equity Investment

Hyderabad-based rooftop solar solutions company Freyr Energy has secured an equity investment of $7 million which it said will be used to increase the adoption of solar...

October 17, 2023

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Gautamee Hazarika

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Markets & Policy

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Rooftop

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Solar
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Policy Uniformity Key to Meeting Net-Zero Goals: SKF Interview

Commercial and Industrial (C&I) entities are actively seeking clean, environmentally friendly, and cost-effective energy sources. These businesses are focused on...

October 9, 2023

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B.S. Nagaraj

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C&I

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Solar
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Blended Finance Key to India’s Transition to Clean Energy: IFC

Blended finance is set to play a crucial role in bolstering India’s transition to clean energy by its capacity to attract greater private investment into impactful...

September 26, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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Round-the-Clock Renewables at ₹6/kWh if Green Hydrogen Used for Storage: R K Singh

The future of round-the-clock (RTC) renewable energy could be remarkably affordable, costing just about ₹6 (~$0.07)/kWh when utilizing green hydrogen for storage, said...

September 18, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Global Offshore Wind Records Second Best Year Ever, Adds 8.8 GW in 2022

The offshore wind industry achieved notable growth by adding 8.8 GW of new capacity to the grid in 2022, which was its second-best performance ever, according to the...

September 6, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Daily News Wrap-Up: SECI’s Tender for 800 MW of ISTS-Connected Renewable Energy Projects

Solar Energy Corporation of India (SECI) has invited bids to select renewable energy developers to supply 800 MW firm and dispatchable power from Inter-State...

August 17, 2023

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Mercom Staff

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Daily Wrap-up
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Market Size of Key Energy Transition Minerals Doubles in Five Years

The market for minerals used in electric vehicles, wind turbines, solar panels, and other technologies critical to the clean energy transition has doubled in size over...

July 11, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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World Bank’s $1.5 Billion Loan to Support India’s Low-Carbon Energy Transition

The World Bank Group’s Board of Executive Directors has approved $1.5 billion in financing to accelerate the development of low-carbon energy in India by scaling-up...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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India Unveils Critical Minerals List to Boost Clean Energy and Cut Imports

Union Minister of Coal, Mines & Parliamentary Affairs, Pralhad Joshi, has unveiled India’s first-ever report on “Critical Minerals for India,” identifying a...

June 29, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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