Funding and M&A Roundup Solar Cell Manufacturer Exeger Raises $38 Million

Funding and M&A Roundup: Solar Cell Manufacturer Exeger Raises $38 Million

From: Mercom Capital Group Exeger, the Sweden-based solar cell manufacturer, secured $38 million in financing to start building its new solar cell factory in Stockholm, Sweden. This financing round includes ...
/ / Finance and M&A, Other
First Solar Reports 34% Year-Over-Year Slide in Net Sales in Q4 2020

First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4 billion in ...
Funding and M&A Roundup_ Statkraft Set to Acquire Solarcentury's 6 GW Portfolio

Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio

From: Mercom Capital Group Royal Bafokeng Holdings (RBH), an African community investment company, is considering making a $20 million equity investment in DPA Africa Asset-Co. The company, set up by ...
/ / Other, Renewable Energy
Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020

Sungrow, a solar inverter manufacturer, reported that its revenue increased by 55.57% year-over-year (YoY). In the first half (1H) of the financial year (FY) 2020-21, its revenue inched up to ...
/ / Markets & Policy, Solar
The Daily News Wrap-Up_ ION Energy Signs Pact with esVolta, Solar Surges in Europe

The Daily News Wrap-Up: ION Energy Signs Pact with esVolta, Solar Surges in Europe

Here are some noteworthy cleantech news and announcements of the day from around the world: The California Independent System Operator (CAISO) has declared a stage 3 electrical emergency that triggers ...
/ / Other, Renewable Energy
India Prepares Blueprint for Battery Waste Management

India Prepares Blueprint for Battery Waste Management

The Ministry of Environment, Forest, and Climate Change (MoEFCC) recently issued a draft notification for battery waste management. The regulations will apply to all types of batteries as listed in ...
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

Siemens Gamesa and Inox Wind Bag Massive Orders in India

Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. And of late, ...
/ / Other, Wind
Interview - Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

Interview: Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

India’s domestic solar manufacturing sector is finding it difficult to cope with the falling prices of modules globally. In order to expand their businesses, local manufacturers need the government to ...
/ / Markets & Policy, Solar