2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
Daily News Wrap-Up_ Adani Solar Jodhpur Commissions a 50 MW of Solar Project

Daily News Wrap-Up: Adani Solar Jodhpur Commissions a 50 MW of Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Jodhpur Two Limited commissioned a 50 MW solar power project as an independent power ...
/ / Other, Renewable Energy
No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana (1)

No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana

The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other incentives to turn the state into an EV and ...
Funding and M&A Wrap-up_ Alberton Acquires Solarmax in Another Cleantech SPAC Deal

Funding and M&A Roundup: Alberton Acquires Solarmax in Another Cleantech SPAC Deal

From: Mercom Capital Group Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-3 and Loanpal Solar Loan 2020-3, an asset-backed ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Total Awarded 67 MW of Solar Projects in a Recent Tender in France

Daily News Wrap-Up: Total Awarded 67 MW of Solar Projects in a Recent Tender in France

Here are some noteworthy cleantech announcements of the day from around the world: Disneyland Paris announced the phased development of a solar canopy facility with France-based Urbasolar through a co-investment ...
/ / Other, Renewable Energy
Funding and M&A Wrap-Up_ Scatec Solar Raises $515 Million in a Private Placement

Funding and M&A Roundup: Scatec Solar Raises $515 Million in a Private Placement

From: Mercom Capital Group Scatec Solar, an independent power producer, has completed a private placement, raising approximately NOK 4,750 million (~$514.94 million) in gross proceeds by allocating 20,652,478 shares subscription ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Candi Receives $3.16 Million to Scale its Solar Solutions in India

Daily News Wrap-Up: Candi Receives $3.16 Million to Scale its Solar Solutions in India

Here are some noteworthy cleantech announcements of the day from around the world: EDFI ElectriFi has invested €2.68 million (~$ 3.16 million) junior debt in Candi, a platform that builds, ...
/ / Other, Renewable Energy
Funding and M&A Wrap-up_ Scatec Solar Acquires Hydropower Developer for Over $1 Billion

Funding and M&A Roundup: Scatec Solar Acquires Hydropower Developer for Over $1 Billion

From: Mercom Capital Group REC Silicon, a Norwegian producer of advanced silicon materials with manufacturing facilities in the U.S., has raised approximately NOK 1,000 million (~$108.29 million) in gross proceeds ...
/ / Other, Renewable Energy
Funding and M&A Wrap-up_ Array Technologies Plans to Raise $675 Million in IPO

Funding and M&A Roundup: Array Technologies Plans to Raise $675 Million in IPO

From: Mercom Capital Group Array Technologies, a manufacturer of ground-mounting systems used in solar PV projects, has filed to raise $675 million in an IPO of its common stock, according ...
/ / Other, Renewable Energy
Researchers Develop a Sustainable Redox Flow Battery with Vanillin

Researchers Develop a Sustainable Redox Flow Battery with Vanillin

Researchers at TU Graz University claimed that they had developed a redox flow battery that utilizes conventional vanillin instead of liquid electrolyte, which could make the battery more environment friendly ...
/ / Energy Storage, Technology
Funding and M&A Roundup_ Lithium-Ion Battery Maker Northvolt Raises $600 Million

Funding and M&A Roundup: Lithium-Ion Battery Maker Northvolt Raises $600 Million

From: Mercom Capital Group Northvolt announced the signing of a $600 million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen, enabling the company to make ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Power Roll Secures $3.6 Million for Solar Film technology

Funding and M&A Roundup: Power Roll Secures $3.6 Million for Solar Film technology

From: Mercom Capital Group SunHydrogen, a developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, announced it has agreed to accept an equity investment of up ...
/ / Other, Renewable Energy
Hawaiian Electric to Develop Nearly 300 MW of Solar Projects with 2 GW of Storage Capacity (1)

Hawaiian Electric to Develop Nearly 300 MW of Solar Projects with 2 GWh of Storage Capacity

Hawaiian Electric, a U.S. electric utility, said that it submitted eight projects, including 300 MW of renewable energy and nearly 2 GWh of storage capacity for approval to the Public ...
/ / Solar, Utility Scale
Funding and M&A Roundup_ Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

Funding and M&A Roundup: Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

From: Mercom Capital Group Trina Solar, a solar and smart energy total solution provider, announced its acquisition of the remaining 49% equity in Nclave Renewable to make Nclave a wholly-owned ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Hemlock Semiconductor Acquires DuPont’s Solar Material Unit

Funding and M&A Roundup: Hemlock Semiconductor Acquires DuPont’s Solar Material Unit

From: Mercom Capital Group Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: Hemlock Semiconductor Operations (HSC) has acquired a DuPont ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Indian Lithium-ion battery Maker Grinntech Raised $2 million

Funding and M&A Roundup: Indian Lithium-ion battery Maker Grinntech Raised $2 Million

From: Mercom Capital Group Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: SenseHawk, a SaaS platform that helps customers ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Apple to Expand its Renewable Energy Portfolio in Europe

Daily News Wrap-Up: Apple to Expand its Renewable Energy Portfolio in Europe

Here are some noteworthy cleantech announcements of the day from around the world: Global technology giant Apple announced that it would invest in two onshore wind turbines near the Danish ...
/ / Other, Renewable Energy
Project Finance Brief_ Kruger Energy Sells a 523 MW Solar Project Portfolio to Ecoplexus

Project Finance Brief: Kruger Energy Sells a 523 MW Solar Project Portfolio to Ecoplexus

From: Mercom Capital Group Here are some of the important project finance deals from the global renewable energy industry over the past week: Saudi Arabia's ACWA Power, a developer, owner, ...
/ / Finance and M&A, Other
EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen

EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen Batteries

EnerVenue, a U.S.-based renewable storage battery manufacturer, announced that it secured $12 million in seed funding on its launch. The Chairman of Towngas, Peter Lee, led the seed funding round ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ ReneSola Acquires Solar Projects and Assets in the US

Funding and M&A Roundup: ReneSola Acquires Solar Projects and Assets in the US

From: Mercom Capital Group Joule Case, a battery tech startup producing stackable energy storage units, landed more than $500,000 in funding as part of convertible notes. Using lithium-ion and lead-acid ...
/ / Other, Renewable Energy
Government Invites Proposal for Research on Carbon Capture, Utilization & Storage

Government Invites Proposal for Research on Carbon Capture, Utilization & Storage

The government of India’s (GOI) Department of Science and Technology (DST) is encouraging translational research on carbon capture, utilization & storage (CCUS). DST has invited proposals from Indian researchers in ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Trina Solar to Expand Capacity, KPI Global Signs PPA

Daily News Wrap-Up: Trina Solar to Expand Capacity, KPI Global Signs PPA

Here are some noteworthy cleantech news and announcements of the day from around the world: Trina Solar announced that it had signed an investment co-operation agreement with the management committee ...
/ / Other, Renewable Energy
Daily News Wrap-Up_HSBC Launches Green Deposits, Suntech Expands Solar Manufacturing

Daily News Wrap-Up: HSBC Launches Green Deposits, Suntech Expands Solar Manufacturing

JinkoSolar announced that it had signed a contract with Shanghai Electric to supply around 1 GW of solar modules for Phase V of the Dubai Electricity and Water Authority’s solar ...
/ / Other, Renewable Energy
BHEL Issues Tender for Battery Energy Storage Systems at Three Locations in Delhi

BHEL Issues Tender for Battery Energy Storage Systems at Three Locations in Delhi

Bharat Heavy Electricals Limited (BHEL) has floated a tender for 410 kWh/415 kW of battery energy storage systems (BESS) at three sites in Delhi. The scope of work includes planning, ...
Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape

Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape

Eskom Holdings SOC Limited, a South African power utility, has floated a tender for a battery energy storage system (BESS) with a minimum of 80 MW/320 MWh usable capacity at ...