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7-Country European Alliance To End Export Financing For Fossil Fuels

During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […]

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Biden Administration Jump-starts Offshore Wind Energy Projects

The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […]

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NexWafe Lands €10 Mn Funding Round, Aims to Cut Solar Production Costs by 30%

High-efficiency monocrystalline silicon wafer manufacturer gears up for commercialization of its wafer technology, adds veteran VC to corporate board NexWafe GmbH, today announced completion of a €10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafe’s EpiWafers provide solar panel manufacturers […]

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Meyer Burger Receives 22.5M Euros to Build Green Solar Cells Production Facility

Meyer Burger Technology Ltd has received two positive grant notifications at the end of 2020. Meyer Burger’s heterojunction technology (HJT) for solar cell production has significant environmental advantages compared to conventional manufacturing processes hence, received two grants, as the company announced yesterday.  The approval of the environmental protection aid was specifically based on the drafted […]

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FIEE SGR Closes its Second Fund Dedicated to Energy Efficiency

FIEE SGR the leading Italian fund specialising in energy efficiency for energy transition has launched its second fund with the 1st close of €127.5 million Fondo Italiano per l’Efficienza Energetica SGR (FIEE SGR), the leading Italian fund and one of the largest European funds specialising in energy efficiency for energy transition, has launched its second […]

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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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ISA Amends Framework Agreement Allowing UN Member States to Join

UN member states will now be able to join the ISA after the Ministry of External Affairs (MEA) announced amendments to the framework agreement. Uniter Nations (UN) member states will now be able to join the International Solar Alliance (ISA) after the Ministry of External Affairs (MEA) announced amendments to the ISA’s framework agreement. For […]

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Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain

Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […]

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Germany Gets A Manufacturing Boost In PV From Meyer Burger

Switzerland based Meyer Burger Technologies is moving fast to transform itself to an integrated PV manufacturer. The firm, which has made its reputation as a  quality supplier of production equipment till recently, had declared its plans to move with forward integration sometime back. It has zeroed in on Germany for its first owned production line. […]

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