Renewable Energy

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Power-Hungry Data Centers Drive Demand for Renewable Energy in India

With over 880 million internet users and a thriving tech sector, India’s data center industry has seen explosive growth in recent years and is poised to accelerate...

August 2, 2024

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Arshreet Singh

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Energy Efficiency

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Renewable Energy
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Goldman Sachs Alternatives Invests $440 Million in BrightNight

BrightNight, a renewable energy provider that delivers clean, dispatchable power solutions to utility, commercial, and industrial clients, has secured a $440 million...

August 1, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Month in a Minute: Top Headlines from Indian Renewable Sector in July 2024

India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report, India’s...

August 1, 2024

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Arshreet Singh

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Renewable Energy
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Torrent Power’s Profit Grows 87% YoY in Q1 FY 2025

Gujarat-based Torrent Power‘s net profit for the first quarter (Q1) of the financial year (FY) 2024-25 stood at ₹9.96 billion ($118.9 million), an 87%...

July 31, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Powering the Future: Insights on Financing India’s Renewable Energy Projects

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

July 31, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Waaree’s Q1 FY 2025 Profit Up 208% as EPC Segment Revenue Rises

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a total revenue of ₹2.36 billion (~$28.18...

July 31, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Gruner Renewable Energy Secures 60 Million to Set Up CBG plants

Noida-based sustainable biogas solutions company Gruner Renewable Energy has secured funding of $60 million to establish new Compressed biogas (CBG) plants across the...

July 30, 2024

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Staff

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Biofuel

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Renewable Energy
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Critical Policy and Infrastructure Challenges in India’s Renewable Energy Growth

Creating a supportive policy environment for renewable energy deployment in India is crucial for sustainable development and energy security. As one of the...

July 29, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Multi-faceted Approach Key to Scaling Green Hydrogen Production in India

Green hydrogen is emerging as a key solution to decarbonize hard-to-abate sectors. However, the key to adoption depends on the availability of renewable energy,...

July 26, 2024

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Gautamee Hazarika

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Renewable Energy
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Inspire Clean Energy Wins Mercom India’s Second Startup Pitch Competition

Inspire Clean Energy, a Mumbai-based solar asset, operations and maintenance management company, emerged as the winner of Mercom’s Second Startup Pitch Competition for...

July 26, 2024

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Arjun Joshi

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Renewable Energy
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Adani Green’s Q1 FY 2025 Revenue Rises 24% on Higher Capacity

Renewable energy company Adani Green Energy (AGEL) reported that its revenue surged by 24% year-over-year to ₹25.28 billion (~$301 million) in the first quarter of...

July 26, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Winners of Mercom’s 2024 Renewable Industry Awards Announced

At the ongoing Mercom India Renewables Summit 2024 in New Delhi, Mercom India announced the winners of the fourth annual Mercom India Awards. These prestigious awards...

July 25, 2024

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Staff

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Renewable Energy
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Policies Must Focus on Entire Value Chain of Domestic Solar Manufacturing

India is working to enhance its domestic manufacturing capabilities for renewable energy projects and to fortify local supply chains to achieve its clean energy goals....

July 25, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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India’s Clean Energy Transition Targets Demand Greater Urgency

India’s energy landscape is on the brink of a transformative shift, driven by the urgent need to address climate change, energy security, and economic growth. The...

July 25, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

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