sustainable

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ADB Approves $148 Million Loan for Modernization of Sikkim’s Power Distribution

The Asian Development Bank (ADB) has approved a $148.5 million loan to enhance, upgrade, and climate-proof the electricity distribution system in Sikkim and improve the...

May 17, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Grasim Secures ₹12.5 Billion Investment from IFC for Decarbonization Initiatives

Grasim Industries, an Aditya Birla Group company, has announced an investment of ₹12.5 billion (~$150.3 million) from the International Finance Corporation (IFC), the...

March 21, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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In Clean Energy Push, Odisha Approves Project Proposals Worth ₹557 Billion

The Odisha government has given the green light to a number of green energy projects with a promised investment of roughly ₹557 billion (~$6.7 billion). Among the...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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China’s Solar Module Production Costs Plunge 42% in 2023

Production costs of solar modules saw a 42% drop in China over the past year, settling at $0.15 per watt, providing Chinese manufacturers with a substantial cost...

December 21, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Germany Awards 1.96 GW of Onshore Wind in Undersubscribed Auction

Germany awarded 1.96 GW of onshore wind energy in the auction for 2,087 MW conducted by the Federal Network Agency Bundesnetzagentur. In all, 167 bids were received for...

December 21, 2023

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Gautamee Hazarika

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Tenders and Auctions

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Wind
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Residential Rooftop Solar Gains Momentum, Home Owners Go Green and Save Big

In major Indian cities, residential buildings and housing complexes are adopting rooftop solar solutions and transitioning towards clean energy. This transition is...

December 8, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Rooftop

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Solar
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European Parliament Green Lights Net-Zero Industry Act

Members of the European Parliament (MEPs) have backed the Net-Zero Industry Act, which aims to fortify Europe’s manufacturing capabilities in crucial technologies...

November 23, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Renewables Alone Cannot Meet Power Needs, Thermal Here to Stay: R K Singh

Union Minister for Power and New & Renewable Energy R. K. Singh  has said the government aims to add 80 GW of thermal power capacity by 2031-32, reiterating that...

November 22, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Ministry Sets Price Benchmarks for Biomass Pellets in Western and Northern Regions

The Ministry of Power (MoP) has revised the Biomass Co-Firing Policy to benchmark the prices for biomass pellets utilized in co-firing at thermal power plants. The...

November 13, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Researchers Develop Multijunction Silicon Solar Cell with 36.1% Efficiency

The Fraunhofer Institute for Solar Energy Research ISE (Fraunhofer ISE) and NWO-Institute AMOLF have developed a multijunction solar cell with an efficiency of 36.1%,...

September 26, 2023

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Gautamee Hazarika

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Solar

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Technology
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DRX Cathodes Hold Potential for High-Energy-Density Batteries

A consortium of battery scientists, led by Lawrence Berkeley National Laboratory (Berkeley Lab), is working to advance battery technology without reliance on metals like...

September 18, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Ascend Elements Secures $542 Million for Battery Materials Production in US

Ascend Elements, a lithium-ion battery recycling and engineered materials company has raised $542 million in new equity investments. The funding includes $460 million...

September 7, 2023

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Gautamee Hazarika

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Market & Policy

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Other

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Renewable Energy
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Germany Approves €57 Billion Green Investment Plan to Tackle Climate Change

The Federal Cabinet of Germany granted its approval to the draft business proposal for the specialized “Climate and Transformation Fund” (KTF) for 2024,...

August 11, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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North America Sees Renewable PPA Price Stability, Europe Expects Rising Demand

According to a report from LevelTen Energy, solar and wind power purchase agreement (PPA) prices in North America are stabilizing, presenting an opportunity for buyers...

August 1, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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Tata to Build 40 GW Battery Cell Gigafactory in UK for EV & Energy Storage

Tata Sons, the principal investment holding company and promoter of the Tata Group of companies, has announced its plan to establish a global battery cell gigafactory in...

July 19, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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