renewables

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Carbon Intensity Regulation Imperative for Global Low Carbon Hydrogen Market

Emissions from green hydrogen produced from 100% grid power could be as high as 50 kilograms of CO2 equivalent per kilogram of hydrogen (kgCO2e/kgH2) – worse than brown...

February 22, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Solar Sector Sets High Hopes on Budget 2024, Here’s the Long Wish List

The solar industry stakeholders have a long wish list for the Union Budget 2024, which will be presented on February 1, 2024. Stakeholders hope Finance Minister Nirmala...

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SolarEdge Cuts 16% of Global Workforce, Affecting 900 Employees

SolarEdge, an Israel-based solar inverter manufacturer, has announced a restructuring initiative to trim operating expenses and adapt its cost structure to current...

January 22, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Solar and Wind Capacities to Reach 710 GW Globally by 2028: IEA

Renewable electricity capacity additions soared globally in 2023, reaching an estimated 507 GW. This marked a nearly 50% increase from the previous year, driven by...

January 15, 2024

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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: MPERC Rejects Plea for Imposing Grid Support Charges on Rooftop Solar

Madhya Pradesh Electricity Regulatory Commission has rejected a petition filed by Madhya Pradesh Power Management Company and state power distribution companies...

December 20, 2023

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Mercom Staff

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Daily Wrap-up
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New App to Help Consumers in Europe Adjust Power Consumption with Renewables

The Fraunhofer Institute for Solar Energy Systems (ISE) has developed an app that displays the current share of renewables in the net public electricity generation for...

December 19, 2023

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Staff

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Other

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Renewable Energy
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COP28 Settles for Milder ‘Transitioning Away’ Versus ‘Phase-out’ of Fossil Fuels

World leaders settled for a weaker text that spoke of ‘transitioning away’ from fossil fuels instead of a more definitive ‘phase-out’ at the COP28 climate summit in...

December 19, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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India Says No to Pledge to Triple Renewables and Phase Down Coal at COP28

India has not endorsed a pledge signed by over 118 countries at the ongoing COP28 summit in Dubai to triple renewable energy capacity by 2030, as doing so would have...

December 5, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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FDI in India’s Renewable Sector Up 9% YoY to $505 Million in Q2 FY24

Foreign Direct investment (FDI) in India’s renewable energy sector saw a rise of 9% year-over-year (YoY) in the second quarter (Q2) of the financial year (FY) 2023-24....

November 28, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Sembcorp to Acquire 428 MW Wind Assets in China and India

Singapore-based renewable energy company Sembcorp Industries has signed agreements to acquire 428 MW of wind energy assets in China and India through its subsidiaries,...

November 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Jobs in Energy Sector Grow to 67 Million in 2022, but Skill Shortage a Concern: IEA

The International Energy Agency’s (IEA) recent World Energy Employment report found that investments in clean energy technologies drove demand for new workers in every...

November 27, 2023

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Staff

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Other

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Renewable Energy
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Deendayal Port Gets 13 Expressions of Interest to Develop Green Hydrogen Hub

The Deendayal Port Authority in Kandla, Gujarat, has received 13 expressions of interest (EoI) to a global call for applications to develop a green hydrogen hub at the...

November 24, 2023

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Staff

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Other

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Renewable Energy
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As COP28 Approaches, India’s Coal-to-Clean Commitments in Jeopardy

With a fortnight to go for COP28 in Dubai and when some 60 nations are said to be working on a deal to triple renewable energy capacity targets until 2030 and move away...

November 17, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Torrent Power Records 9% YoY Increase in Profit in Q2 2023

Gujarat-based power company Torrent Power posted a total income of ₹5.3 billion (~$63.6 million) for the second quarter (Q2) of the financial year (FY) 2023-24, a...

November 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Tata Power Reports Net Profit of ₹10 Billion in Q2 FY24, Up 9% YoY

Tata Power, an integrated power company, clocked a net profit of ₹10.2 billion (~$122.5 million) in the second quarter (Q2) of the financial year (FY) 2024, marking a...

November 8, 2023

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Arjun Joshi

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Other

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Renewable Energy

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