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Daily News Wrap-Up: Regulators Urged to Comply with Green Energy Open Access Rules

The Ministry of Power has instructed state electricity regulatory commissions (SERCs) to comply with the Electricity (Promoting Renewable Energy Through Green Energy...

May 17, 2023

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Mercom India

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Daily Wrap-up
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Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

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Inflation Reduction Act Fuels Record Investment in US’ Clean Energy Sector

The American Clean Power Association (ACP) said that the utility-scale clean energy sector in the U.S. has received investments of over $150 billion since the Inflation...

April 19, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: Solar Tenders Surge and Auctions Decline in Q1 2023

Solar tenders floated by various agencies in India rose 43% quarter-over-quarter to 13.8 GW in the first quarter (Q1) of 2023, according to Mercom India Research. The...

April 6, 2023

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Mercom India

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Daily Wrap-up
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US to Promote Clean Energy Projects in Traditionally Coal-Producing Areas

The United States Treasury Department will provide incentives to developers under the Inflation Reduction Act (IRA) for building clean energy projects and facilities in...

April 5, 2023

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Arjun Joshi

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Other

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Renewable Energy
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US, EU Reach Agreement on Sourcing Critical Minerals Used in EV Batteries

Signaling a thaw in U.S.-EU relations on clean energy, the two sides have agreed on immediately beginning negotiations on an agreement on critical minerals used in the...

March 14, 2023

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B.S. Nagaraj

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Energy Storage

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Other
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US’ Inflation Reduction Act Creates Over 100,000 Green Jobs in Six Months

Six months after the United States passed the Inflation Reduction Act (IRA) in August 2022, clean energy companies have announced more than 101,036  new green jobs in 31...

February 7, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Unveils the Green Deal Industrial Plan but Silent on Funding Specifics

The European Commission unveiled a major cleantech plan  – the ‘Green Deal Industrial Plan’ — to help make Europe a center for innovations and investments as it...

January 23, 2023

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: RBI to Auction Green Bonds on January 25

The government announced the sale of sovereign green bonds (SGB) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25....

January 23, 2023

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Mercom India

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Daily Wrap-up

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Other
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US Announces Funding for Community-Centered Clean Energy Programs 

The U.S. Department of Energy (DOE) has released guidance for state, local, and tribal governments to apply for funding through the Energy Efficiency and Conservation...

January 20, 2023

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Arjun Joshi

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Energy Efficiency

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Other
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America’s IRA Rankles Europe but a Full-scale Green Trade War Unlikely

The game-changing Inflation Reduction Act (IRA), with a whopping $369 billion in funding for clean energy provisions signed by U.S. President Joe Biden last August,...

January 13, 2023

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B.S. Nagaraj

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Markets & Policy

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Other

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Renewable Energy
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Shoals Technologies’ Q3 Net Income Soars 142%

Manufacturer of the solar balance of system (BOS) components Shoals Technologies Group recorded a net income of $12.9 million in the third quarter (Q3) of FY 2022, a...

November 15, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Plug Power’s Net Loss Up 60% YoY in Q3, as it Builds its Green Hydrogen Platform

Plug Power, a U.S.-based developer of hydrogen fuel cell (HFC) turnkey solutions, recorded a net loss of $170.76 million in the third quarter (Q3) of 2022, a...

November 10, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Array Technologies Swings to Profit in Q3 on Higher Sales Volume and Prices

Solar tracker manufacturer Array Technologies swung to profit in the third quarter (Q3) of 2022 on the back of strong growth in sales volume and prices. The company’s...

November 9, 2022

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Sumit Jha

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Finance and M&A

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Solar

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