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US Firm Kevala Raises $21 M in Series A Funding Round

US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […]

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Q Cells Invests Into Solar Storage Firm Amped Solutions in North America

Q Cells North America, which is among the market leaders in the US market with its range of solar modules and cells, has made an undisclosed investment into a portfolio of solar-plus-storage projects of Amped Solutions in California. This deal had been structured to help Amped Solutions reduce project risks and upgrade its systems. For […]

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US Battery Storage Facilities Set Capacity Records: IHS Markit

Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […]

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Will Concentrated Solar Power be Reborn? Report Says Yes

Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […]

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Recurrent Energy Signs Agreement For 600 MWh Energy Storage Project

A wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy today announced signing a 15-year Resource Adequacy agreement with Pacific Gas & Electric (PG&E) to provide 150 MW / 600 MWh of energy storage in phase 2 of the Crimson project. According to the firm, the 350 MW / 1,400 MWh Crimson project will be one […]

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Nanotech Energy Secures $64 M for Global Graphene Business

American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […]

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REMCL Invites Bids for 210 MW Solar Projects on Vacant Railway Land

Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited (Rail India Technical And Engineering Services Limited, a railway PSU), has issued a new tender to develop 210 MW of grid-connected solar projects under the Domestic Content Requirement (DCR) category. The solar projects are to be developed on vacant railway […]

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Corporates Almost Match Utilities As Solar Installs Hit New High In the US

A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […]

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Waaree Completes 300 MW Production for US Order

Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […]

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