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Electricity Market

Google Backs Clean Energy Firm To Power AI Data Center Expansion

US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […]

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Solar Startup Raptor Maps Closes $35 Mn Series C Financing Round

US-based software company Raptor Maps recently announced its oversubscribed Series C financing round. The $35 million growth investment was led by Canadian-based Maverix Private Equity (Maverix). It involved participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. The firm works towards increasing the impact of advanced analytics and digital […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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Rajasthan Issues New Policy To Offer Incentives For RE Projects

To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […]

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US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report

The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […]

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Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz

Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy.  Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […]

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Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India

Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […]

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GUEST COLUMN: Understanding Ground-Mount Solar Systems

By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […]

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[VIDEO]: How Solar Boom Can Lead To Power Blackout In Pakistan?

In January 2023, Pakistan experienced a nationwide power outage that left over 200 million people without power for almost a day. By 2024, the ‘energy crisis’ hit Pakistan, and is now the world’s sixth-largest solar market. So, what’s behind Pakistan’s solar boom? Is it really wide adoption of solar or expensive power bills? A recent […]

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