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Momentum Solar

Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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Tri Global Energy Sells Illinois Wind Project  to CIP

Tri Global Energy has announced the sale of the Woodford Wind Energy project in Illinois, to Copenhagen Infrastructure Partners (CIP) Tri Global Energy, a leading originator, and developer of utility-scale renewable energy projects has announced the sale of the Woodford Wind Energy project in Illinois, to Copenhagen Infrastructure Partners (CIP), a Denmark-based renewable energy specialist […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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US Storage Industry to Build on Strong Third Quarter: Report

The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and a […]

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PBSC, Careem to Launch Electric Bike Sharing Network in Middle East

PBSC has partnered with Careem, the top ride-hailing company in the Middle East, as well as Dubai’s RTA, to bring its electric bikes to the Emirate. PBSC Urban Solutions, one of the leading smart bike-share solutions provider has announced that it has partnered with Careem, the top ride-hailing company in the Middle East, as well […]

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IFC Eclipses $10 bn in Climate Finance Investments Since 2006

IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […]

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The smarter E India to Organise its 11th Edition Next Week

The smarter E India will be celebrating its 11th edition by next week from November 27 -29, 2019 in Bengaluru. With three parallel energy exhibitions, ‘The smarter E India’ is the country’s innovation hub for the new energy world. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage […]

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McDonald’s Signs its First Large Scale Renewable PPA

McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […]

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MNRE Hosts 2nd Assembly of ISA in New Delhi

The said Assembly meet is significant as it is the supreme decision making body of ISA, which provides directions on various administrative, financial and programme related issues. The Ministry of New and Renewable Energy (MNRE) is hosting the second Assembly of Gurugram-headquartered International Solar Alliance (ISA) on Thursday in New Delhi. However, the member consultation […]

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