Press Releases

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China Targets 3.6 TW Wind and Solar Capacity by 2035

China has announced its new Nationally Determined Contributions (NDC) targets for 2035, aiming to expand the country’s installed wind and solar capacity to 3.6 TW. The...

September 29, 2025

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Melvin Mathew

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Press Releases

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Solar
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Price Arbitrage Remains Key Use Case for Battery Capacities: EIA

At the end of 2024, price arbitrage was the leading use of utility-scale batteries, accounting for 43% in the California Independent System Operator (CAISO) and about...

September 24, 2025

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Melvin Mathew

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Energy Storage

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Press Releases
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Saatvik Green’s IPO Closes with 6.5 Times Oversubscription

Haryana-based solar module manufacturer Saatvik Green Energy‘s initial public offering (IPO) was oversubscribed 6.57 times at the end of the bidding window on...

September 23, 2025

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Melvin Mathew

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Press Releases

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Solar
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Pace Digitek Gets SEBI Approval for ₹9 Billion IPO

Energy storage systems, power management, and optical fibre solutions company Pace Digitek has received approval from the Securities and Exchange Board of India for its...

September 9, 2025

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Staff

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Energy Storage

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Press Releases
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Cabinet Approves ₹15 Billion Incentives for Critical Mineral Recycling

The Union Cabinet has approved a ₹15 billion (~$170.19 million) incentive program to develop India’s recycling capacity for separating and producing critical minerals...

September 4, 2025

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Staff

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Press Releases
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TALON PV to Build 4 GW TOPCon Facility in US with Fraunhofer ISE Support

U.S.-based solar cell manufacturer TALON PV is building a 4 GW manufacturing facility for high-efficiency tunnel oxide passivated contact (TOPCon) cells in the country....

September 4, 2025

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Staff

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Manufacturing

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Press Releases

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Solar
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Higher Sales Volume Pushes FTC Solar’s Revenue by 65%

U.S.-based solar tracker systems provider FTC Solar achieved a revenue of $20.8 million in the first quarter (Q1) of 2025, a 65.3% year-over-year (YoY) increase from $12....

May 14, 2025

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Tina Freese

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Finance and M&A

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Press Releases
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Gensol Engineering to Raise ₹6 Billion Via Bonds and Promoter Warrants

Renewable energy engineering, procurement and construction company Gensol Engineering has decided to raise ₹6 billion (~$68.9 million) by issuing ₹4 billion (~$45.9...

March 13, 2025

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Tina Freese

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Press Releases

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Renewable Energy
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CleanMax, Osaka Gas Form JV to Develop Renewable Energy Projects

The Japan Bank for International Cooperation (JBIC) has signed a shareholders’ agreement with Osaka Gas to invest in a joint venture (JV) between the Japanese gas...

March 10, 2025

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Staff

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Press Releases

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Renewable Energy
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Investment Group CDPQ to Acquire Innergex Renewable Energy for $10 Billion

Global investment group CDPQ has announced it will acquire all the issued and outstanding common shares of renewable power producer Innergex Renewable Energy for $13.75...

March 6, 2025

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Tina Freese

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Markets & Policy

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Press Releases
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Shoals’ Revenue Falls 18% Amid Delayed Projects and Political Shifts

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility reported a net income of $7.8 million during the...

March 3, 2025

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Tina Freese

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Markets & Policy

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Press Releases
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China Adds 277 GW of Solar Capacity in 2024

China’s cumulative installed solar power capacity reached 890 GW as of December 2024. It installed 277.17 GW of solar capacity in 2024, a 27.79% year-over-year (YoY)...

January 23, 2025

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Tina Freese

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Press Releases

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Solar
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EV Charging Company Bolt.Earth Raises $5 Million In Series A Funding

Bengaluru-based electric vehicle (EV) charging solutions provider Bolt.Earth raised $5 million in a series A+ funding round. The funding round was led by Version One...

January 20, 2025

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Tina Freese

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Other

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Press Releases

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Renewable Energy
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responsAbility Injects $20 Million in EV Manufacturer Euler Motors

responsAbility, a Switzerland-based impact asset manager, has announced an investment of up to $20 million (₹1.7 billion) in New Delhi-based electric commercial vehicles...

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Clean Energy Tech Firm Ecozen Raises $23 Million in Debt Funding

Ecozen, a Pune-based company focused on clean energy solutions, has raised over $23 million in debt funding. Investors for this round included responsAbility Investments,...

January 16, 2025

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Tina Freese

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Finance and M&A

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Press Releases

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