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GE Renewable Energy

AMI Report: The Road to Net Zero in Latin America

A study entitled “The Road to Net Zero in Latin America” has been released by American Market Intelligence (AMI). Weaning the world off dirty fossil fuels, a.k.a., the road to net zero emissions, is perhaps the most challenging task our society has ever faced. By 2030, it will require more than US$2 trillion in annual […]

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152 MW Wind Project of rPlus Energies Acquired by Clearway

In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […]

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DhaSh PV Increases PV Junction box Production Capacity to 11 GW

DhaSh PV Technologies, a manufacturer of PV Junction boxes with headquarters in Bangalore, recently announced a significant expansion of its cutting-edge manufacturing facility in Bengaluru, increasing its total production capacity from 8 GW to 11 GW. The company’s decision to expand is driven by both the sharp increase in demand for its PV Junction box […]

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Enel North America to Build Solar Cell, Panel Manufacturing Facility in US

Enel North America has announced through its affiliate 3Sun USA about its intention to build an industrial-scale production facility in the US for the manufacturing of solar photovoltaic (PV) modules. The official statement by Enel held that the proposed facility is expected to have a minimum production capacity of 3 GW. It could be scaled […]

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Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel

Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […]

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FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation

Through its partners, Main Solution and Evolvere, the Italian provider of renewable energy and electric mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have been installed at Vegitalia S.p.A., a business that has been active in the food industry since 2004, in San Marco Argentano […]

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AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara

African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […]

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Solar Roofs: Countering Ecological Concerns of Installing Solar Farms in India?

When one speaks of solar rooftops, generally an image of solar panels on private residences or small commercial buildings comes to mind. However, solar roofs are increasingly becoming a crucial source of generating renewable rooftop solar power worldwide. In addition to its solar rooftop installations on individual residences, India also needs to realise the potential […]

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