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Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...
From: Mercom Capital Group Recurrent Energy, a global developer, owner, and operator of solar and energy storage, secured financial closure on the 119 MW Horus Solar...
MSEB Solar Agro Power (MSAPL), a wholly owned subsidiary of Maharashtra State Electricity Board (MSEB Holding Company), has floated 14 tenders to procure a cumulative...
Ambuja Cements, a cement company under Adani Group, has invested ₹60 billion (~$723 million) in renewable energy projects with a capacity of 1,000 MW. The projects will...
From: Mercom Capital Group Ashtrom Renewable Energy, an independent power producer and subsidiary of the Israel-based Ashtrom Group, has secured $270 million for its 400...
From: Mercom Capital Group Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor....
The U.S. solar industry installed 5.6 GWdc of new capacity in the second quarter (Q2) 2023, a year-over-year increase of 20%, according to the U.S. Solar Market Insight...
Wind turbine manufacturer Suzlon Energy posted a net profit of ₹3.2 billion (~$38.7 million) during the fourth quarter (Q4) of the financial year (FY) 2023, an increase...
From: Mercom Capital Group Clearstone Energy, a solar and battery energy storage projects developer, announced the sale of two Battery Energy Storage System projects in...
Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...
ReNew Energy has raised $400 million through its fully owned subsidiary Diamond II from senior secured green bonds. The green bonds issued by ReNew’s subsidiary...
Government-owned lender Small Industries Development Bank of India (SIDBI) has launched a pilot program — Mission 50K-EV4ECO — to bring down the cost of...
Residential solar company Sunrun posted a $63 million net profit in the fourth quarter (Q4) of the financial year (FY) 2022, compared to a net loss of $38.5 million...
From: Mercom Capital Group Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company, has closed a $75 million revolving credit facility from...
A higher share of households with lower incomes in the U.S. have been adopting solar over the past 11 years, which has brought down the median household income for solar...
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