Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

Finland-Based Stora Enso and Northvolt to Produce Batteries Using Renewable Wood

Taking a step further to maintain sustainability in battery production, Finland-based forest products manufacturer Stora Enso and lithium-ion battery producer Northvolt inked an agreement to develop what is claimed to ...
Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Independent power producer Azure Power Global signed a Module Supply Agreement (MSA) with  Premier Energies Group to procure modules up to 600 MW annually for the next four years. Premier ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Green hydrogen Company Lhyfe Raises €17 million

Daily News Wrap-Up: Green Hydrogen Company Lhyfe Raises €17 Million

Here are some noteworthy cleantech announcements of the day from around the world: Green hydrogen company Lhyfe raised €17 million (~$19.51 million) from Andera Partners. This is Lhyfe's third fundraiser ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Tata Motors Forms EV Subsidiary with ₹7 Billion Investment

Daily News Wrap-Up: Tata Motors Forms EV Subsidiary with ₹7 Billion Investment

Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors has incorporated a 100% subsidiary, Tata Passenger Electric Mobility Limited (TPEML). TPEML has been incorporated ...
/ / Other, Renewable Energy
Solar Module Maker Central Electronics Sold to Nandal Finance for ₹2.10 Billion

Solar Module Maker Central Electronics Sold to Nandal Finance for ₹2.10 Billion

The Union Government has approved the sale of the government-owned solar cell and module manufacturer Central Electronics Limited (CEL) to Nandal Finance and Leasing Private Limited for ₹2.10 billion (~$28.02 ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Here are some noteworthy cleantech announcements of the day from around the world: The European Union has issued its first-ever NextGenerationEU green bond. The 15-year bond due on February 4, ...
/ / Other, Renewable Energy
Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

Solar photovoltaic (PV) cell and module manufacturer Premier Energies has raised ₹2 billion (~$27.11 million) from climate investment-focused private equity manager GEF Capital Partners. Premier Energies will infuse the funds ...
/ / Finance and M&A, Solar
Pairing Metal Halide Perovskites with Silicon Solar Cell Could Enhance Cell’s Efficiency

Pairing Metal Halide Perovskites with Silicon Solar Cell Could Enhance Cell’s Efficiency

Researchers at Oxford PV, an Oxford University spin-off company, have asserted that combining metal halide perovskites with conventional silicon could overcome the 26% efficiency limit of solar cells made with only ...
/ / Solar, Technology
Daily News Wrap-Up_ Suntech’s 1 GW Integrated Solar Cell and Module Facility Opens

Daily News Wrap-Up: Suntech’s 1 GW Integrated Solar Cell and Module Facility Opens

Here are some noteworthy cleantech announcements of the day from around the world: Suntech, a global solar panel producer, has begun the operation of a 1 GW integrated photovoltaic cell ...
/ / Other, Renewable Energy
NREL Researchers Discover New Materials for Super-Efficient Solar Cells

NREL Researchers Discover New Materials for Super-Efficient Solar Cells

Researchers at the National Renewable Energy Laboratory (NREL) discovered new materials for super-efficient solar cells of the future. The research focuses on a carefully designed molecule that can efficiently split ...
/ / Solar, Technology
China’s Solar Installations to Reach 28-34 GW in 2020_ AECEA

China’s Solar Installations to Reach 28-34 GW in 2020: AECEA

China’s solar photovoltaic (PV) power generation capacity in the first half of 2020 was relatively flat for several reasons. The latest report by the Asia Europe Clean Energy (Solar) Advisory ...
/ / Markets & Policy, Solar
Cell Manufacturing Capacity Lags Demand from DCR Programs

Solar Cell Manufacturing Capacity Lags Demand from DCR Programs

Solar cell manufacturing in India is yet to ramp up despite the government’s attempts to promote domestic production. While the government has taken initiatives like introducing safeguard duty, domestic content ...
Semi-Transparent Perovskite Solar Cells Could Turn Windows into Power Generators

Semi-Transparent Perovskite Solar Cells Could Turn Windows into Power Generators

Australian scientists, led by members of the ARC Center of Excellence in Exciton Science, have published a research paper stating that they have succeeded in producing semi-transparent perovskite solar cells that ...
Researchers Claim 27.7% Efficiency in Mechanically-Stacked PV Silicon Tandem Cell

Researchers Claim 27.7% Efficiency in Mechanically-Stacked PV Silicon Tandem Cell

Researchers at the Australian National University (ANU) claim to have set a new conversion efficiency record of 27.7% in mechanically-stacked perovskite-silicon tandem cells. This would only need to improve slightly, ...
Research Demonstrates 17% Power Conversion Efficiency in Organic PV Cells

Research Demonstrates 17% Power Conversion Efficiency in Organic PV Cells

A team of researchers at the Chinese Academy of Sciences have developed a technique that could increase the power conversion efficiency (PCE) of organic photovoltaic (OPV) solar cells to 17% ...
/ / Solar, Technology
MNRE Issues Requirements for Compulsory Registration of Solar Manufacturers

MNRE Issues Requirements for Compulsory Registration of Solar Manufacturers

Taking a step ahead after the recent quality control order, the Ministry of New and Renewable Energy (MNRE) has now issued another order which specifies the requirements for compulsory registration ...
/ / Markets & Policy, Solar
Raasi Group to Setup Li-Ion Battery Manufacturing Unit in Tamil Nadu

Raasi Group to Set up Li-Ion Battery Manufacturing Unit in Tamil Nadu

The Central Electro Chemical Research Institute (CECRI), which comes under the Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement ...
The ongoing solar anti-dumping case and the 70 percent preliminary safeguard duty proposal are prompting various domestic and international players to announce plans to expand their solar manufacturing capacity in India.

Solar Manufacturers Ramp Up Expansion Plans by 4 GW in Anticipation of Import Tariffs in India

The ongoing solar anti-dumping case and the 70 percent preliminary safeguard duty proposal are prompting various domestic and international players to announce plans to expand their solar manufacturing capacity in ...
/ / Markets & Policy, Solar
India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal to build out India’s manufacturing supply chain, including polysilicon, wafers/ingots, cells and modules. MNRE ...
/ / Manufacturing, Solar
Longi Green Cell and Module Manufacturing Unit in India

Longi Confirms Plans to Set Up 500 MW Solar Cell and Module Manufacturing Units in India

Longi Green, a Chinese solar equipment and component manufacturer, plans to set up cell and module manufacturing units of 500 MW (each) in the state of Andhra Pradesh. The company ...
/ / Manufacturing, Solar