irena

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Daily News Wrap-Up: IREDA Approves Loans of ₹373.54 Billion in FY24

Government-owned lender Indian Renewable Energy Development Agency approved loans amounting to ₹373.54 billion (~$4.48 billion) and disbursed ₹250.89 billion (~$3.01...

April 3, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: NTPC’s 3 GW FDRE-II Auction Result

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...

March 26, 2024

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Mercom Staff

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Daily Wrap-up
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 Global Renewable Energy Capacity Additions Falling Short of Target: IRENA

Achieving the target set at COP28 in Dubai last year of tripling renewable energy capacity by 2030 is contingent on global determination, policy support, and investment...

March 22, 2024

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Mercom Staff

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: PFC’s Tender to Evacuate 1.5 GW of Renewable Power

PFC Consulting invited bids to develop an interstate transmission system to evacuate 1,500 MW of power from renewable energy projects in Maharashtra’s Solapur special...

July 3, 2023

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Mercom Staff

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Daily Wrap-up
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Lack of Reliable Financing and Data Affects Cost of Capital for Renewables

The International Renewable Energy Agency (IRENA), in a recent report, has revealed a method used to calculate the cost of capital for clean technologies to help...

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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Daily News Wrap-Up: SJVN’s Tender to Procure 1.5 GW of Renewable Power with Storage

SJVN has invited bids to select renewable developers for the supply of 1,500 MW of power from interstate transmission system-connected renewable energy projects with...

June 28, 2023

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Mercom Staff

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Daily Wrap-up
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Annual Renewable Deployment of 1,000 GW Needed to Stay on a 1.5°C Pathway

To stay on track for a 1.5°C pathway, an annual deployment of approximately 1,000 GW of renewable power is necessary, according to a recent report by the International...

June 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Faster Deployment of Renewable Energy a Must to Achieve Climate Change Goals

To achieve universal access to affordable, reliable, and sustainable energy and achieve climate change goals, there is a need for accelerated deployment of renewable...

June 8, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Global Energy Transition Requires $35 Trillion Investment Over Next Decade

The lack of adequate progress in the global energy transition will require even more investment, and a systematic change in the volume and type of investments is...

March 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewables Accounted for 83% of the Total Generation Capacity Added in 2022

Renewable capacity grew by 9.6% in 2022, adding a record 295 GW worldwide. This accounts for 83% of all power capacity added last year and brings the global renewable...

March 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Investments in Renewables Reach New High in 2022 But Need Massive Increase

Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50%...

March 16, 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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IRENA Urges Global Leaders to Bridge Renewable Energy Deployment Gap

The collective effort to switch to renewables and make the energy transition is not enough despite the Glasglow Climate Pact, finds a new report by the International...

November 11, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Projects Remain Cost-Competitive Through 2021 Amid Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices were yet to impact project costs fully. The cost of electricity...

July 20, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Param Renewable Wins NTPC’s O&M Tender for a 50 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Param Renewable Energy was declared the winner in NTPC’s auction for comprehensive...

June 30, 2022

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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: Regulator Allows ₹8.40/kWh Tariff for a Delayed Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: The Karnataka Electricity Regulatory Commission (KERC) recently accepted the petition...

June 22, 2022

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Satish Shetty

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Other

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Renewable Energy

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