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clean energy

10.5 GW Solar, Wind and Storage Project in Morocco

British company Xlinks is developing a 10.5 GW solar-plus-wind project, combined with a battery storage facility, in Morocco, which will supply 3.6 GW renewable energy to the UK via the world’s longest subsea cables. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be […]

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NTPC Green Arm Signs First Green Term Loan Worth 500 Cr

NTPC Renewable Energy ltd (REL), a 100 per cent subsidiary of NTPC ltd, has signed its first green term loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on September 29, 2021, for its 470 MW solar projects in Rajasthan & 200 MW […]

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GenCell Introduces Long-duration Backup Solution for Telecom

GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions, has launched its latest long-duration backup power solution, the GenCell Backup Operations eXtender (BOX)™, which is an efficient and reliable alkaline fuel cell technology specifically designed to meet the challenging backup power requirements of telecom and critical communications operations. In a world plagued by ever more […]

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Energize Ventures Raises $330 M to Advance Sustainable Tech

Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […]

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Meyer Burger Plans to Build High-performance Module Facility in Arizona

Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […]

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Tesla’s Li-ion Battery Inaugrated at World’s Largest Solar Farm

Dubai Electricity and Water Authority (DEWA) has inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park using Tesla’s lithium-ion battery solution. The project has a power capacity of 1.21 MW and an energy capacity of 8.61 MWh with a life span of up to 10 years. “The energy […]

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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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Wary of China, Quad Nations To Focus on Solar Supply Chain

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […]

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