Lightsource bp Secures $1.8 Billion Credit Facility for Solar Expansion
Solar developer Lightsource bp has secured a $1.8 billion credit and trade finance facility to support its global expansion strategy. The company plans to develop 25 GW of solar projects ...
Clean Energy Platform Arcadia Raises $100 Million in Series D Funding
Arcadia, a clean energy platform that connects homeowners to clean energy programs in the United States, has secured $100 million in funding. The Series D funding round was led by ...
Renewable Energy Developer Altus Power to Go Public in a SPAC Deal
Renewable energy developer Altus Power (Altus) has announced a business combination with CBRE Acquisition Holdings (CBAH), a special purpose acquisition company (SPAC), resulting in Altus becoming a publicly-traded company on ...
TransAlta to Acquire 122 MW Solar Portfolio from Copenhagen Infrastructure Partners
TransAlta Renewables has signed an agreement to acquire a 122 MW operational solar portfolio in North Carolina, United States. The company will acquire the portfolio from a fund managed by Copenhagen ...
WTO Rejects China’s Claims on Safeguard Measures Imposed by the US on Solar Imports
A special panel constituted to look into the dispute between China and the United States regarding safeguard measures imposed by the United States on importing certain crystalline silicon photovoltaic cells ...
Using Hydrogen to Economically Backup Wind and Solar Power: MIT Research
According to research supported by the MIT Energy Initiative (MITEI), hydrogen-fired power generation can be a cost-effective alternative to backing up solar and wind power. Emre Gençer and Drake D ...
US Solar Market Adds a Record 5 GW in Q1 2021
According to the latest U.S. Solar Market Insight Q2 2021 report, released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar market has surpassed 100 GW of ...
US Grid-Scale Storage Capacity Could Grow Over 125 GW by 2050: NREL
In a recent report published by National Renewable Energy Laboratory (NREL) under the Storage Futures Study (SFS), analysts found significant market potential for utility-scale diurnal storage (up to 12 hours) ...
US Energy Storage Market Installs 910 MWh of New Systems in Q1 2021
The United States installed 910 MWh of new energy storage systems in the first quarter (Q1) of 2021 – an increase of 252% over Q1 2020, making it the biggest Q1 ...
ReneSola Power’s Revenue Up by 39% QoQ in Q1 2021
ReneSola Power, a fully integrated solar project developer and operator, has announced the financial results for the first quarter (Q1) of the calendar year (CY) 2021. As per the financial ...
Residential Solar Company Sunrun’s Total Revenue Up 59% YoY in Q1 2021
Sunrun, one of the leading home solar, battery storage, and energy services companies in the United States, has announced financial results for the first quarter (Q1) of the calendar year ...
Solar Imports Up 72% YoY in Q1 2021, Exports Show a Marginal Drop of 19%
In the first quarter (Q1) of the calendar year (CY) 2021, India imported solar cells and modules amounting to $259 million (~₹18.93 billion), a 132% increase compared to Q4 CY 2020 ...
US Calls for Countervailing Duty on Indian Wind Energy OEMs
The International Trade Administration (ITA), under the United States Department of Commerce, has recommended the imposition of countervailing duty (CVD) against wind energy equipment manufacturers from India and Malaysia. The ...
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations
Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
A Record 114 GW of Wind Power Capacity Added Globally in 2020
A total of 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to a report from Wood Mackenzie. This is the ...
Vestas Dominated Global Wind Turbine Supplier Market in 2020
Danish manufacturer Vestas holds the title of the world’s largest supplier of wind turbines in 2020 across the onshore and offshore wind, according to the latest preliminary rankings for the ...
Daily News Wrap-Up: 100 MW Solar With 500 MWh Vanadium Flow Battery Project in China
Here are some significant cleantech announcements of the day from around the world: VRB Energy, a clean technology company, announced a framework agreement for a 100 MW solar and 100 ...
Daily News Wrap-Up: Sangam Renewables Commissions a 16 MW Solar Project in Maharashtra
Here are some noteworthy cleantech announcements of the day from around the world: Sangam Renewables, in a BSE filing, said its subsidiary Waacox Energy has commissioned a 16 MW mounted-solar ...
US Deploys a Record 2,156 MWh of New Energy Storage Solutions in Q4
The United States brought 2,156 MWh of new energy storage systems online in the fourth quarter (Q4) of 2020, a new record for storage with an increase of 182% over Q3, ...
United States Added a Record 33.8 GW of Renewables in 2020 Despite COVID-19: BNEF
BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) have, in their report 'Sustainable Energy in America Factbook', said that renewable generation continued to expand its share in the ...
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 ...
US to Provide $100 Million for Projects Advancing Clean Energy Technology
The U.S. Department of Energy (DOE) has pledged up to $100 million in financing for research and development of transformative clean energy technology to support the Biden Administration's climate innovative ...
Pathways for US to Meet Net Zero, Net Negative CO2 Emissions by 2050: Report
The American Geophysical Union (AGU) has published a report claiming to have created multiple pathways to help the United States meet net-zero and net negative CO2 emissions by 2050. AGU ...
US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19
The US clean energy industry ended last year with the lowest number of workers since 2015 due to the impact of the COVID-19 pandemic, according to a recent report by ...
Invenergy Closes Financing for First Phase of America’s Largest Solar Project
Privately-held global developer and sustainable energy solutions operator, Invenergy, has announced the completion of construction financing for the first phase of the Samson Solar Energy Center in northeast Texas. Samson ...
