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Daily News Wrap-UP: NHPC, SJVN, and NTPC Win GUVNL’s 600 MW Solar Auction

NHPC, SJVN Green Energy, and NTPC Renewable Energy won Gujarat Urja Vikas Nigam’s auction to supply power from 600 MW of grid-connected solar power projects (Phase XVII)...

May 4, 2023

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Mercom India

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Daily Wrap-up
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ESG Ratings Not Yet a Focus for Indian Banks in Trade Finance Transactions

There is a positive momentum towards sustainability in supply chain finance as more banks are utilizing Environmental, Sustainable, and Governance (ESG) rating services...

May 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Adani Green Raises $288 Million to Finance Solar Wind Hybrid Projects in Rajasthan

Adani Green Energy has raised a $288 million (~₹21.76 billion) financing facility by extending its construction financing framework to $1.64 billion (~₹124 billion) for...

March 21, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Guidelines for Developing Sustainable Energy Storage Supply Chain Policies

The U.S. Energy Storage Association (ESA) has published guidelines for building a responsible energy storage supply chain policy that fits into environmental, social,...

January 5, 2022

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Harsh Shukla

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Energy Storage

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Market & Policy
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What it Will Take for India’s Clean Energy Sector to Unlock Billions in Foreign ESG Funds

The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the...

December 10, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Here are some noteworthy cleantech announcements of the day from around the world: Germany has announced more than €1.2 billion (~$1.34 billion) worth of commitments to...

November 26, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity...

October 8, 2021

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Harsh Shukla

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Finance and M&A

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Other
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IREDA to Float IPO and Issue Green Bonds, Invites Bids for Asset Valuation

The Indian Renewable Energy Development Agency (IREDA) has announced that it will soon float an initial public offering (IPO) of fresh equity shares and issue green...

September 29, 2021

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Rahul Nair

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: APICORP Releases ESG Framework, to Invest $1 Billion in Green Energy

Here are some noteworthy cleantech announcements of the day from around the world: The Arab Petroleum Investments Corporation (APICORP) unveiled its new environmental,...

September 16, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its...

July 15, 2021

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Harsh Shukla

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Other

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Renewable Energy
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SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

The State Bank of India (SBI), one of India’s largest public sector banks, declared results for the financial year (FY) 2020-2021, which claimed that the bank had...

July 9, 2021

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Rahul Nair

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Other

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Renewable Energy
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Cipla to Procure Solar Via Open Access Under Group Captive Model from AMP Energy

Indian pharmaceutical major Cipla will be procuring solar from a 20 MWac (30 MWdc) group captive project in Tuljapur, Maharashtra. Spread across 115 acres, the solar...

January 28, 2021

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Rahul Nair

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Finance and M&A

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Solar
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World Bank to Issue US Denominated Sustainable Development Notes

Global financial institution World Bank is soon going to issue the first ever sustainable development notes linked to the new Global Sustainability Signatories Index....

September 11, 2018

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Saumy Prateek

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Other

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Renewable Energy

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