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clean energy

US Firm Kevala Raises $21 M in Series A Funding Round

US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […]

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Australia, Where Rooftop Solar Could Meet 77% Of Power Demand By 2026

In recent time, Australia — one of the sunniest places on the planet — has emerged as a world leader in the rooftop solar market. As of now, households have installed 14 GW of solar panels. By 2025, this figure is set to increase by 8.9 GW. The reasons for this expansion include the subsidies offered, […]

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Record 102 Bidders for 2.6 GW South Africa RE Tender

The Department of Mineral Resources and Energy (DMRE) of South Africa has received bids from 102 potential project developers, including 63 solar projects, in response to its fifth renewable energy tender. Launched in March this year, this tender was aimed at procuring 2.6 GW of clean energy projects, including 1 GW of solar PV and […]

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Green Group Files Climate Lawsuit Against Australian Gas Major Santos

In a landmark move, green group Australasian Centre for Corporate Responsibility (ACCR) is suing oil and gas major Santos Ltd, challenging the company’s claims that natural gas provides “clean energy” and that it has a “credible and clear plan” to achieve “net zero” emissions by 2040 in the Federal Court of Australia. This is the first […]

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US Battery Storage Facilities Set Capacity Records: IHS Markit

Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […]

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India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA

India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […]

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Tongwei Earns $462.3 Million Net Profit in H1 FY21

Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […]

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World’s 1st Commercial Installation of Perovskite Solar Cells in Poland

Poland-based Saule Technologies, a perovskite solar tech company, has launched its first installation of photovoltaic blinds – sun breakers with perovskite solar cells. This world’s first commercial implementation of perovskite solar cell technology was a collaboration with Aliplast, said the company. Saule’s new product was first presented in October 2020. The profiles with solar modules, […]

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World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier

Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […]

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