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Continuum Green Energy IPO Bound, To Raise Rs 3650 cr

Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […]

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Green Stocks Dec 9: Premier, Waaree Energies Hold Their Own

On a mixed day for the markets, the two key manufacturers in our Green pack, Premier Energies and Waaree Energies more than held their own as both rose by over 2%. The gains come on the back of an impressive roster of orders, including a large 1 GW order for Waaree announced today. Among developers, […]

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Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance

China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […]

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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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Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge

From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […]

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Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project

Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […]

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Note From Europe- After Modules, Inverter Makers Need Protection Too

Solar Power Europe, the leading association for the European Solar PV sector, has turned ints attention to the threat to non-Chinese inverters majors in the developed world. In a statement held after an ‘exceptional’ meeting at Germany’s SMA, the board issued a statement calling for more support for the inverter makers who have faced increasing […]

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5 PPA Models Shaping Renewable Energy Procurement in US & Europe

As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […]

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