investment

EDP, a Portugal-based electric utility company, will invest €24 billion (~$29.10 billion) in the energy transition to double its solar and wind capacity from 12 GW to 25 GW by ...

ReNew Power, an India-based independent power producer, has signed an agreement for a business combination with RMG Acquisition Corporation II, a special purpose acquisition company (SPAC), resulting in ReNew Power ...

Aurobindo Pharma, a Hyderabad-based pharmaceutical company, will procure solar power from two 15 MW group captive projects of NVNR Power and Infra in Hyderabad, Telangana. Under the group captive model, ...

Solavio Labs, a startup providing solar panel cleaning technology, has received ₹4.06 million (~56,044) in funding from the Canadian province New Brunswick through its New Brunswick Innovation Fund. With this ...

Here are some noteworthy cleantech announcements of the day from around the world: Prime Minister Narendra Modi will inaugurate power projects in Kerala on February 19, 2021. He will inaugurate ...

Here are some noteworthy cleantech announcements of the day from around the world: The European Investment Bank (EIB) has provided a €50 million (~$60.70 million) loan to Forsee Power, a ...

Jaguar Land Rover, a luxury automobile manufacturing arm of Tata Motors, has announced plans to become carbon neutral across its supply chain, products, and operations by 2039. As a part ...

Amara Raja Batteries has announced that it would set up a 50 MW solar power project worth ₹2.2 billion (~$30.30 million) in Chittoor district, Andhra Pradesh. The project will help ...

Researchers at the National Center for Photovoltaic Research and Education (NCPRE) at IIT Bombay are developing crystalline silicon solar cells with targeted efficiency of 22%. Passivated Emitter and Rear Cell ...

The U.S. Department of Energy (DOE) has pledged up to $100 million in financing for research and development of transformative clean energy technology to support the Biden Administration's climate innovative ...

The adoption of residential solar systems is picking up in India and with greater awareness and tremendous growth potential. To get a first-hand experience, Mercom spoke to several consumers who ...

Here are some noteworthy cleantech announcements of the day from around the world: Enevate, a U.S.-based battery technology company, has secured an investment worth $81 million in a Series E ...

The Union Budget 2021 has allocated exclusive funds to expand renewables, especially solar and green hydrogen. The Budget has elaborated on the production-linked incentive program to help the solar manufacturing ...

India is expected to see the largest increase in energy demand globally over the next two decades and will overtake European Union as the third-largest energy consumer by 2030, the ...

Here is a recap of some of the most important headlines from January 2021: Tata Power joined hands with the Small Industries Development Bank of India to provide affordable financing exclusively for ...

REE Automotive, an Israel-based e-mobility company, has signed a merger agreement for a business combination with 10X Capital Venture Acquisition Corporation, a special purpose vehicle company (SPAC), resulting in REE ...

Sunlight Financial, a U.S.-based residential solar financing platform, has signed an agreement for a business combination with Apollo Global Management-backed Spartan Acquisition Corporation II, a special purpose acquisition company (SPAC), ...

Loanpal, a solar loan origination platform that finances solar systems and batteries, has secured over $800 million in funding in its first external investment round. The investment round was led ...

The Union Cabinet has approved an investment of ₹52.81 billion (~$723.43 million) for the 850 MW Ratle Hydropower project, located on the Chenab river in the Kisthwar district of Jammu ...

Tigo Energy, a U.S.-based smart solar module technology provider, has secured a $20 million investment in the latest funding round led by Energy Growth Momentum, a U.K.-based investment firm. The ...

Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL)  from Adani Group. The two partners agreed to the acquisition of a ...

Naturgy, a Spain-based gas and energy utility company, has entered into the U.S. renewable energy market by acquiring a U.S.-based solar and storage development platform Hamel Renewables. The acquisition incorporates ...

Here are some noteworthy cleantech announcements of the day from around the world: Jinko Solar, a solar module manufacturer, claims to have achieved a record conversion efficiency of 23.01% for ...

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Chitrakoot One, a step-down subsidiary of Adani Green Energy, has commissioned a 25 MW ...

US-based hydrogen fuel cell provider Plug Power has announced that it is forming a strategic partnership with South Korean conglomerate SK Group to enhance its footprints in the Asian hydrogen ...