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CleanMax Announces Financing For Onsite Solar Projects in UAE

Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […]

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Finance On Agenda At IRENA’s 15th Assembly

Renewable energy capacity must triple and the rate of annual energy efficiency increases must double by 2030. This translates into a cumulative investment of USD 31.5 trillion to renewable power, electrical networks, flexibility measures, energy efficiency, and conservation, by 2030. The role of emerging economies will be key in achieving the levels of investments in […]

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ib vogt Sells 780 MWp Greek Renewables Portfolio To Faria Renewables

International renewable energy development platform ib vogt has entered into an agreement with Faria Renewables, a Greek renewables IPP. Under this agreement, ib vogt would sell its Greek project portfolio to Faria Renewables, a developer backed by Omnes Capital’s Capenergie 5 fund and the Faria Group. The portfolio comprised around 780 MWp of solar PV […]

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Will India’s Lithium Battery Makers Be Next In Line For Protection From China?

Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […]

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Territory Manager / Area Sales Manager

The Specialty Rental Division’s worldview is to enable our customers, our people, and our societies to flourish in an increasingly complex world. Our vision is to remain the world’s most trusted partner by solving complex industrial challenges with specialized agile solutions.  Those are designed and implemented by passionate people who continually strive for best new […]

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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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Solar Cell Manufacturing: Gujarat To Take The Lead, Odisha New Entrant

India is on the cusp of a major transformation in solar cell production, and Gujarat is set to take the lead in solar cell manufacturing. With the country’s solar manufacturing sector rapidly expanding, the majority of announced and existing solar cell plants are concentrated in Gujarat, though emerging states like Odisha and Tamil Nadu are […]

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COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers

So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […]

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Can COP29 Help In Expediting Renewable Growth In India?

The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […]

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