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Updated ALMM Manufacturer List For September

The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […]

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Understanding The $84 Billion Global Carbon Pricing Market

Global carbon pricing revenue in 2021 increased by almost 60 per cent from 2020 to around $84 billion, as per the latest “State and Trends of Carbon Pricing” report. The world needs funds to carry on with its efforts to shift to sustainable development, finance broader fiscal reforms, or invest in communities as part of […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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FTC Solar Launches New 1P Solar Tracking System

Texas-based FTC Solar, that supplies solar tracker systems, software, and engineering services, has announced that it has introduced a new and differentiated, one module in portrait (1P) Solar Tracker Solution called ‘Pioneer.’ Nagendra Cherukupalli, Chief Technology Officer, FTC Solar, said, “Pioneer achieves a full 18 to 36 per cent pile count reduction per megawatt vs. […]

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Ex-Orsted Executive Launches Renewable Energy Platform with US$100M

Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […]

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Empower Energies, Redflow In Tie-up for Solar and Flow Battery Solutions in North America

US based renewable energy player Empower Energies and Australian company Redflow have signed a ‘Letter of Intent’ to develop integrated solar and flow battery solutions for the North American commercial and industrial (C&I), remote community micro grid, and utility markets. The official statement of Empower Energies held that the integrated solar and Redflow energy storage […]

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Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt

According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […]

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IKEA, SunPower Launch Home Solar Offering in California, USA

Global furniture store owner IKEA US has teamed up with SunPower, a  solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […]

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AMP Energy Joins The Manufacturing Trail, To Make Solar Modules and Cells

Amp Energy India, one of India’s leading renewable energy companies hitherto focused on EPC and the C&I segment, has announced a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing and production of upto 1.2 GW monocrystalline PERC solar cells and modules. The companies have entered into a Term Sheet for establishment of a […]

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