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energy investments

mPower Raises Addl $1.85 Mn in Series A Funding

New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […]

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Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain

Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […]

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New York Announces Awards for 21 Renewable Projects Worth 1278 MW

New York has unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects totaling 1,278 MW of new renewable capacity. (Updated on March 25, 2020) New York Governor Andrew M. Cuomo recently unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New […]

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Long Standing Issues of Long-Term Power Purchase Agreements

The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy

Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of […]

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J&K: 4 Policies Approved including RE to Ramp Up Industrial Growth

In a bid to boost industrial growth, the Jammu and Kashmir (J&K) Administrative Council, headed by Lt Governor G C Murmu, has approved the four policies for tourism, captive power, hydropower & renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year […]

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Tata Power Expands Rooftop Solar Service to 90 Cities Across India

Tata Power is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 cities Preparing for a #futureready India, Tata Power, the country’s largest integrated utility is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 […]

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Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects

Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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