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clean energy industry

Chariot to Build 10 GW RE-powered Green H2 Complex in Mauritania

London-based Chariot has signed a memorandum of understanding with the Mauritanian government for green hydrogen, reports afrik21. The company wants to produce and export this less CO2-emitting energy. Mauritania could be home to one of the largest green hydrogen production projects in Africa. This is the aim of the memorandum of understanding signed recently between […]

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RES Sells Large 245MWdc Australian Solar Farm to Iberdrola

UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […]

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JinkoSolar Builds 7 GW Ingot & Wafer Facility in Vietnam

Shanghai-headquartered JinkoSolar is investing $500 million to build a monocrystalline ingot and wafer manufacturing facility, which is expected to have an annual capacity of 7GW, in Quảng Ninh Province, Vietnam. The Chinese solar module manufacturer has begun to work on the ingot and wafer facility, which will support its existing overseas production facilities. As the […]

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Omnidian Secures $33 M to Help Firms Manage Solar Assets

Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […]

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Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity

Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […]

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Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025

Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a  $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […]

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bp, ADNOC and Masdar Partner for Green Solutions for UK & UAE

bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs, said a joint statement last week. The first agreement would see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs […]

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Babcock & Wilcox to Aquire Majority Stake in US Solar Firm

Babcock & Wilcox Enterprises has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company, aiming to significantly enhance its capabilities in solar energy. The transaction is expected to close at the end of September 2021, subject to customary closing conditions. Fosler Construction will be part of […]

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Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr

The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […]

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