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Solar Startup Raptor Maps Closes $35 Mn Series C Financing Round

US-based software company Raptor Maps recently announced its oversubscribed Series C financing round. The $35 million growth investment was led by Canadian-based Maverix Private Equity (Maverix). It involved participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. The firm works towards increasing the impact of advanced analytics and digital […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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Bangladesh’s Tender For 353 MW Of Solar Projects To Test Pricing Claims

In what is likely to test claims of having bought power at expensive rates from developers including from India, the Bangladesh Power Development Board (BPD) has come out with its first large scale solar tender. The tender invites bids for 12 proposed solar projects across the country, ranging in size from 10 MW to 45 […]

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1.2 GW Solar Project, Largest Ever In US Moves Ahead

With the United States enjoying its largest ever quarter of solar capacity additions in Q3 of 2024, comes the news of the largest solar project approval ever in the country.  the proposed Sunstone Solar project in Oregon will encompass 1.2 GW of solar and 1.2 GW of storage. The developer, Pine Gate Renewables shared the […]

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Can New Wind Energy Projects Transform Odisha’s RE Portfolio?

Odisha, traditionally considered one of India’s less developed states in renewable energy, is now poised to emerge as a key player in wind energy. Despite currently having no wind energy capacity, the coastal state is attracting interest from wind energy companies, signaling a shift in its renewable energy landscape. At present, wind energy is concentrated […]

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Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA

The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […]

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Suzlon, Jindal Renewables Expand Ties With 302 MW Wind Project

Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka. The partnership is aimed at accelerating green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it […]

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Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India

Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […]

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[VIDEO]: How Solar Boom Can Lead To Power Blackout In Pakistan?

In January 2023, Pakistan experienced a nationwide power outage that left over 200 million people without power for almost a day. By 2024, the ‘energy crisis’ hit Pakistan, and is now the world’s sixth-largest solar market. So, what’s behind Pakistan’s solar boom? Is it really wide adoption of solar or expensive power bills? A recent […]

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