SUBSCRIBE NEWS LETTER

energy markets

SunPower Secures $450 Million To Meet High Solar Loan Demand In US

North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […]

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Robotic Cleaning Represents Only 1-2% Of overall Capex, But Can Be Decisive: Amit Singla, Ecoppia India

Israeli firm Ecoppia offers AI, data-driven robotic solar panel cleaning solutions. It claims to have deployed 3,900 MW of projects, over 10.5 mn autonomous cleaning sessions and cleaned over 9.24 bn solar panels. The firm, which has a global presence, is expanding operations in India. Some of the firm’s clients from India include NTPC, Azure […]

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Canadian Solar Announces Big Capacity Expansion Plans

Canada based global solar equipment conglomerate Canadian Solar Inc. has announced the massive capacity expansion plans of CSI Solar Company Ltd. by the year of 2024. CSI Solar is majority-owned subsidiary of Canadian Solar. “Namely, by the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 […]

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Neogen to Acquire Electrolytes Manufacturing Technology from Japanese Firm

Neogen Chemicals has today signed an agreement with MU Ionic Solutions Corporation, Japan to step up its manufacturing capabilities. Neogen claims to be one of India’s leading manufacturers of Bromine-based and Lithium-based specialty chemicals. As per the terms of the agreement, Neogen will obtain the license from MUIS for proprietary and confidential manufacturing technology for […]

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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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Nordex Group Bags 106 MW Lithuanian Wind Turbine Order

German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […]

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Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp

Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […]

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