
Loom Solar Raises $2 Million from US-Based Asset Manager
Haryana-based solar technology startup Loom Solar raised $2 million in funding from the U.S.-based asset manager Social Investment Managers and Advisors (SIMA Funds) to support its growth strategy for solar ...

World Bank to Provide $311 Million for Solar & Storage Projects in West Africa
The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project (RESPITE) to install and operate solar, battery ...

PV Leasing Firm Enpal Raises €855 Million for Solar Projects in Germany
Photovoltaics (PV) leasing firm Enpal has raised €855 million (~$908.78 million) from international investors to jointly refinance over 30,000 new solar systems, energy storage systems, and electric vehicle chargers in ...

AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects
Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take the company’s cumulative ...

US Corporates Installed 19 GW of Solar Capacity Through June 2022
Corporates in the United States installed nearly 19 GW of onsite and offsite solar capacity cumulatively till June 2022. This includes 25 leading U.S.-based companies like Meta, Amazon, and Walmart ...

Swiss Scientists Claim Dye-Sensitized Solar Cells Can Achieve up to 30.2% Efficiency
The researchers at Switzerland's École Polytechnique fédérale de Lausanne (EPFL) claimed to have developed dye-sensitized solar cells (DSCs) with a power conversion efficiency of 15.2% in direct sunlight and up ...

Agrivoltaics Could Solve the Land Scarcity Problem for Solar
In India, agriculture plays a critical role in the economy, with nearly 60% of its land under farming and almost 300 days of sunshine every year. The country has an ...

New Laser Technique to Reduce Amount of Silver in Solar Modules
Scientists at the Fraunhofer Institute of Solar Energy (ISE) have developed a new laser technique to reduce the amount of silver used in the production of solar panels and achieve ...

If Coal Shortage Impacts Power Consumption, Can Solar Save the Day?
India is seeing a surge in power demand, with industrial and economic activity picking up pace in the past few months. But thermal power plants are in a crisis as ...

Daily News Wrap-Up: $30 Million Announced in Federal Funding for Clean Energy Projects
Here are some noteworthy cleantech announcements of the day from around the world: The U.S. Department of Energy (DOE) has announced over $30 million in federal funding, matched by over ...

Reliance to Foray into Solar, Battery Storage, Green Hydrogen, and Fuel Cell Production
Reliance Industries (RIL) will invest ₹750 billion (~$10 billion) to build an integrated solar photovoltaic (PV) factory, advanced energy storage battery manufacturing unit, green hydrogen, and fuel cell facility in ...

Daily News Wrap-Up: India Offers $100 Million Credit Line to Sri Lanka for Solar Expansion
Here are some noteworthy cleantech announcements of the day from around the world: India has extended a Line of Credit (LOC) of $100 million to Sri Lanka to finance projects ...

50 MW/500 MWh Liquid-Air Energy Storage Facility Coming to Chile
Highview Enlasa, a 50/50 joint venture between Highview Power, a long-duration energy storage solutions provider, and Energía Latina S.A.-Enlasa, a backup power generation provider in Chile, has announced the development ...

Torrent Power’s Total Income Up by 13% in FY 2021
Torrent Power has announced the results for the fourth quarter (Q4) of the financial year (FY) 2020-2021. As per the financial statement released by the company, the company reported a ...

Renewable Cost Drop Leaves 80% Coal Plants Uneconomical in the US: Report
A new report titled the 'Coal Cost Crossover 2.0' published by energy and climate policy firm Energy Innovation has noted that 80% of the coal-fired power plants in the United ...

Here are the Details for Bidding Under Solar Production-Linked Incentive Program
The government's approval for the Production Linked Incentive (PLI) program under the 'National Program on High-Efficiency Solar PV (Photovoltaic) Modules' has been widely welcomed by the solar industry. The PLI ...

Azure Power Sells Non-Core Rooftop Solar Portfolio to Radiance Renewables
Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 ...

Brookfield Renewable Acquires 360 MW of Distributed Solar Assets for $810 Million
Canada-based renewable energy investor Brookfield Renewable, along with its institutional partners, announced its entry into a definitive agreement with Exelon Generation Company. Brookfield Renewable will acquire a distributed generation development ...

Researchers Discover Material That Could Store Solar Energy for Several Months
A team of researchers from Lancaster University studying a crystalline material has discovered it can capture solar energy and store it for several months at room temperature and release it ...

Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy
E-commerce giant Amazon announced 26 new utility-scale wind and solar energy projects totaling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 ...

Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers
Italy has launched a new incentive program to encourage the local generation and sharing of renewable power. Two kinds of prosumers would be the beneficiaries of the incentive program: energy ...

Daily News Wrap-Up: ADB Approves $600 Million Loan to Indonesia for Renewables
Here are some noteworthy cleantech announcements of the day from around the world: Royal DSM announced the launch of the all-purpose Endurance Backsheet D15. The newly launched Endurance Backsheet protects ...

Daily News Wrap-Up: EDF Renewables to Supply 250 MW of Solar to Steel Producer Nucor
Here are some noteworthy cleantech announcements of the day from around the world: EDF Renewables North America and Nucor Corporation have signed a 15-year virtual power purchase agreement (VPPA) for ...

US Solar Energy Industries Association Prepares Policy Agenda for Biden Government
The Solar Energy Industries Association (SEIA) of the United States announced that it has prepared a legislative and executive agenda for 2021. SEIA asked President-elect Biden and the new Congress ...

Sun Exchange’s 1.9 MW Solar-Plus-Storage Project For Zimbabwe’s Vegetable Exporter
Zimbabwe’s leading fruit and vegetable exporter, Nhimbe Fresh, struck a deal with South African solar leasing platform Sun Exchange to install 1.9 MW of solar-plus-storage project for its cold store ...