
Funding and M&A Roundup: Shell to Acquire Renewable Power Trader Next Kraftwerke
Shell will acquire 100% of Next Kraftwerke's shares, subject to approval by the regulators. As a part of the Renewables & Energy Solutions division at Shell, the German power trader ...

EDP to Invest €24 Billion to Double its Solar and Wind Capacity by 2025
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 ...

Daily News Wrap-Up: Rajputana Stainless Signs PPA for 3 MW of Solar With KPI Global
Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has signed a long-term power purchase agreement with Rajputana Stainless for 3 MW of solar ...

Funding and M&A Roundup: Battery Maker Enevate Secures $81 Million in Funding
Volta Energy Technologies, an investor in battery and energy storage technologies, has announced an initial closing on its venture fund focused on batteries, energy storage, and related hardware and software ...

Utility-Solar System Costs Fell 82% in the Last Decade in the United States: Report
Residential, commercial-rooftop, and utility-scale solar systems have witnessed a 64%, 69%, and 82% decline in costs since 2010, respectively, in the United States, the National Renewable Energy Laboratory (NREL) has ...

Daily News Wrap-Up: Croatia to Auction 400 MW of Renewable Energy Capacity
Here are some noteworthy cleantech announcements of the day from around the world: Siemens Energy has signed an agreement with Maersk Drilling to upgrade two ultra-harsh environment CJ70 jack-up drilling ...

Funding and M&A Roundup: Enphase to Acquire Solar Design Business of DIN Engineering
Enphase Energy, a supplier of micro inverter-based solar-plus-storage systems, announced that it has agreed to acquire the Solar Design Services business of DIN Engineering Services, based in Noida, Uttar Pradesh ...

Daily News Wrap-Up: Sterling and Wilson Solar Bags ₹9.3 Billion Order in Egypt
Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar, a global solar engineering, procurement, and construction services provider, has secured an order ...

Funding and M&A Roundup: Shoals Technologies Group Raises $2.2 Billion in IPO
Shoals Technologies Group, a provider of a balance of system components for solar projects, raised $2.2 billion in its Initial Public Offering (IPO). The company announced the closing of its ...

Molten Salt Metal-Air Battery Can Extend the Range of Electric Vehicles
A team of researchers from the University of Nottingham, in collaboration with six research institutes of China, has designed a new rechargeable battery using salt as a key ingredient to ...

SECI Seeks Consultants for a 100 MW Solar Project with Battery Energy Storage System
The Solar Energy Corporation India (SECI) has floated a global tender for consultancy services for a 100 MW (AC) solar project along with a 40 MW/120 MWh battery energy storage ...

Daily News Wrap-Up: Power Finance Corporation Raises $500 Million Through USD Bonds
Here are some noteworthy cleantech announcements of the day from around the world: Power Finance Corporation has raised $500 million through the issuance of USD-denominated bonds under the Reg S ...

Panasonic to Wind Up its Solar Cells and Modules Manufacturing Business
Panasonic Corporation, a Japan-based electronics company, has announced that it will wind up the production of solar products at its facilities in Malaysia and Japan by the end of the ...

Outlook for Energy Storage in 2021
As renewable installations in the country rise, it is crucial to ensure adequate energy storage solutions are in place to support renewables integration into the power mix. While the Indian government ...

Funding and M&A Roundup: Microinverter Company Enphase Acquires Sofdesk
Enphase Energy, a microinverter technology provider for the solar industry, has announced the closing of its acquisition of Sofdesk. Sofdesk's Solargraf integrated software platform offers the industry's digital tools and ...

Daily News Wrap-Up: Tata Power Solar to Build a 95 MW Solar Project for GSECL
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a 'Letter of Award' to build a 95 MW of ground-mounted solar ...

Daily News Wrap-Up: Sterling and Wilson Commissions a 25 MW Solar Project in Oman
Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar has commissioned a 25 MW solar project in Oman. Shell, a global energy ...

Daily News Wrap-Up: Tata Power Solar Bags ₹12 Billion EPC Order for a 320 MW Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a Letter of Award to construct ...

Daily News Wrap-Up: Windel and Canadian Solar to Develop 1.4 GW of Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: Windel Capital has signed a project development agreement with Canadian Solar to co-develop 1.4 GW of solar ...

Funding and M&A Roundup: Volta Raises $125 Million for EV Charging
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 ...

Australia Added 249 MW of Rooftop Solar Capacity in November 2020
Australia installed 249 MW of rooftop solar capacity in November 2020, a 7.32% increase compared to 232 MW in the same period last year, according to data released by the ...

Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2020 was up 112% at $8.1 billion ...

Funding and M&A Roundup: Loanpal Securitizes $474 Million Residential Solar Loans
Loanpal, a solar loan origination platform that finances solar systems and batteries, announced that Loanpal Solar Loan 2021-1 and Loanpal Solar Loan 2021-1 (LPSLT 2021-1) had closed a securitization of ...

Daily News Wrap-Up: Total, 174 Power Global to Develop 1.6 GW of Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: Total and 174 Power Global have signed an agreement to form a 50-50 joint venture to develop ...

Wartsila and Fluence to Supply 1 GW of Grid-Scale Battery Storage to AGL in Australia
AGL Energy, an Australia-based energy company, has signed non-exclusive framework agreements with energy storage technology companies Wartsila and Fluence to supply up to 1 GW of grid-scale battery storage. AGL ...