investment

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Himadri Chemical to Set Up Li-ion Battery Components Plant in Odisha

Mumbai-based Himadri Speciality Chemical is setting up a facility in Odisha to produce Lithium-ion Battery (LiB) components with a total annual production capacity of...

December 7, 2023

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Staff

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Energy Storage

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Market & Policy
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Masdar Acquires 1 GW Renewable Energy Portfolio in Poland

Abu Dhabi Future Energy Company, Masdar, along with Taaleri Energia, a Finland-based renewable energy developer, have acquired eight hybrid renewable energy projects in...

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Germany to Invest $4 Billion in Africa’s Green Energy Projects

The government of Germany has pledged to invest €4 billion ($4.3 billion) in Africa’s green energy projects until 2030, encouraging African nations to generate green...

November 27, 2023

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Staff

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Other

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Renewable Energy
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UK Announces $1.2 Billion to Support Clean Energy Manufacturing

The UK government has pledged to provide £960 million (~$1.19 billion) for the Green Industries Growth Accelerator to support clean energy manufacturing. This investment...

November 20, 2023

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Staff

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Other

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Renewable Energy
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Amazon Announces Seventh Utility-Scale Renewable Energy Project in India

E-commerce company Amazon now has 50 wind and solar projects across India and a cumulative 1.1 GW of renewable energy capacity, following its latest announcement of a...

October 31, 2023

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Staff

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Other

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Renewable Energy
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APAC to Invest $3.3 Trillion in Power Generation with Focus on Renewables: Report

The Asia Pacific (APAC) region is forecast to invest $3.3 trillion in power generation over the next decade, with a strong focus on renewables. Wind and solar energy...

October 6, 2023

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Staff

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Other

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Renewable Energy
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Brookfield to Invest $845 Million in Renewables JV with Axis Energy in India

Global asset management firm Brookfield and Axis Energy Ventures have announced their second renewable energy joint venture partnership in India. Brookfield, through its...

September 29, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Average Cost of Large-Scale Solar Projects Drop by 8% YoY in Q2

The average cost of large-scale solar projects in India declined by 8.1% year-over-year in the second quarter (Q2) of 2023. Continuing from the previous quarter, the...

September 4, 2023

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Mercom India

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Markets & Policy

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Mercom Research Focus

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Solar
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Solar Project Delays and Postponements Lead to 46% Decline in Investments In Q2 2023

Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2023 totaled $1.57 billion (~₹129.86 billion), a 46% year-over-year (YoY)...

August 28, 2023

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Mercom India

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Finance and M&A

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Mercom Research Focus

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Solar
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Global Offshore Wind Supply Chain Expansion Hinges on $27 Billion Investment by 2026

To achieve a fivefold increase in annual offshore wind installations (excluding China) by 2030, the global supply chain will need a secured investment of $27 billion by...

August 18, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Norfund, IFC Announce ₹9.1 Billion Investment in Fourth Partner Energy

Norwegian investment fund Norfund has announced an investment of ₹3.5 billion (~$42.26 million) in Fourth Partner Energy (4PEL) to support its renewables expansion in...

August 11, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Qatar Investment Authority Acquires Shares Worth ₹39.2 Billion in Adani Green

INQ Holdings, a wholly-owned subsidiary of the Qatar Investment Authority, has acquired a significant stake in Adani Green Energy (AGEL) by purchasing 42.6 million...

August 8, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Temasek to Invest ₹12 Billion in Mahindra’s Four-Wheeler EV Firm

India’s automotive conglomerate Mahindra & Mahindra (M&M) has secured a ₹12 billion (~$145 million) investment from Temasek, a global investment firm...

August 7, 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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Neuron Energy Raises ₹200 Million to Expand EV Battery Manufacturing

Neuron Energy, a Mumbai-based lithium-ion battery manufacturer, has raised ₹200 million (~$2.4 million) in its pre-series A round. The investment was led by Equanimity...

July 12, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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UAE Unveils $54 Billion Investment Plan to Triple Renewables Contribution

The United Arab Emirates’ Cabinet has approved the updated UAE National Energy Strategy, which aims to triple the contribution of renewable energy by 2030, mitigate the...

July 5, 2023

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Arjun Joshi

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Other

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Renewable Energy

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