SolarEdge’s Revenue from Solar Segment Surges 59% YoY in Q2 2022
Israel-based manufacturer of solar inverters, power optimizers, and monitoring systems, SolarEdge posted revenue of $727.8 million in the second quarter (Q2), a quarter-over-quarter (QoQ) increase of 11% from $655.1 million ...
Daily News Wrap-Up: IEX to Resume REC Trading from November 24
Here are some noteworthy cleantech announcements of the day from around the world: The Indian Energy Exchange (IEX) will resume the Renewable Energy Certificates (REC) trading from November 24, 2021 ...
Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized
Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions, has announced Goldman Sachs-sponsored Loanpal Solar Loan ...
Israel’s Robotic Solar Module Cleaning Company Airtouch Raises $18 Million in an IPO
Israeli robotic solar cleaning service provider, Airtouch Solar, has completed an initial public offering (IPO), raising $18 million at a company post-money valuation of $124 million, primarily from leading institutional ...
SolarEdge’s Revenue Inches Up in the Final Quarter of 2020
SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6% with $358.1 million ...
Israel Allocates 608.95 MW of Solar Projects to Seven Bidders
Israel’s Electricity Authority has allocated 608.95 MW of solar projects to seven bidders in the country’s second solar tender for a tariff of 0.1745 Israeli Shekel (~$0.054)/kWh. The tariff was ...
A New Way to Recycle Perovskite Used in Solar Cells
A team of researchers at the Hebrew University of Jerusalem have come up with a new method to produce recyclable perovskite used in solar cells, according to a paper published ...
Daily News Wrap-Up: Dollar Industries Commissions a 4 MW Solar Project in Tamil Nadu
Here are some noteworthy cleantech announcement of the day from around the world: Dollar Industries Limited has commissioned a 4 MW solar project at its manufacturing facility in Tirupur, Tamil ...
Despite COVID-19 Slowdown, SolarEdge Reports 59% Rise in Revenue YoY in Q1 2020
SolarEdge Technologies Incorporated (SolarEdge), an Israel-based solar solutions provider, registered a revenue of $431.2 million (~₹32.41 billion) in the quarter ending March 31, 2020, a 59% increase from $271.9 million ...
IFC to Invest Over ₹18 Million in Rooftop Solar Projects in West Bank
The International Finance Corporation (IFC), the financial wing of the World Bank Group, and Massader, a subsidiary of the Palestine Investment Fund (PIF), announced that they signed a loan agreement ...
Indian Oil Partners with Israeli Battery Manufacturer to Produce Metal-Air Batteries
The Indian Oil Corporation Limited (IOCL) has announced that it has partnered with Phinergy, an Israeli battery manufacturer, to produce metal-air batteries which could potentially be used in electric vehicles ...
Israel Invites Pre-Qualification Bids for 300 MW of Solar Projects
The Government of Israel has issued a tender inviting interested bidders to participate in the pre-qualification process to develop approximately 300 MW of solar projects. The projects are to be ...
NASA to Send Israeli Solar-Powered Generator to International Space Station in 2020
Israel’s leading research university, Ben-Gurion University (BGU), has designed a miniaturized solar-power prototype that will help private commercial space missions. Designed by Professor Jeffrey Gordon and his U.S. colleagues, the ...
Israel to Provide $60 Million for a 50 MW Agricultural Solar Project in Angola
Israel will help develop a 50 MW solar photovoltaic project and contribute towards the improvement of the agricultural sector in the African nation of Angola. The Israeli ambassador to Angola, ...