Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Manufacturer of the solar balance of system components, Shoals Technologies Group, recorded revenue of $68 million in the first quarter (Q1) of 2022, a year-over-year (YoY) increase of 49% from ...
Haryana Floats Tender for LED-Based Solar Home Systems

Haryana Floats Tender for LED-Based Solar Home Systems

The Haryana Renewable Energy Development Agency (HAREDA) has invited bids for the supply, installation, and commissioning of 11,241 solar home systems for Anganwadi centers in Haryana and 4,300 solar home ...
Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption (1)

Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption

Nigeria is currently facing one of the most significant economic downturns in its history due to COVID-19. While the country is grappling with a recession, the government has outlined an ...
/ / Markets & Policy, Solar
Gujarat Commission Permits GUVNL to Procure Solar Power from SEWA’s Solar Project

Gujarat Commission Permits GUVNL to Procure Power from SEWA’s Solar Project

The Gujarat Urja Vikas Nigam Limited (GUVNL) can now procure power from solar energy generating systems of Salt Pan Workers of Self Employed Women Association (SEWA) during the off-season period ...
/ / Markets & Policy, Solar
Solar Solutions Provider Pawame Raises $2 Million to Increase Footprint in Kenya

Solar Solutions Provider Pawame Raises $2 Million to Increase Footprint in Kenya

Abu Dhabi-based off-grid solar power provider Pawame has raised $2 million from Gulf investors to provide sub-Saharan African households with solar power solutions. This seed funding will be utilized by ...
Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy project company in the Middle East and North Africa (MENA) region ...
/ / Finance and M&A, Solar
USAID Awards for Off-Grid Solar

USAID Announces $6.3 Million for Sub-Saharan Africa’s Off-Grid Solar

The United States Agency for International Development (USAID) has awarded a total of $6.3 million to strengthen the off-grid energy sector in Sub-Saharan Africa. The awards will provide capital to ...
/ / Off-grid, Solar