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financing

Heliatek Raises an Additional €15 Million for Organic PV Expansion

New and existing investors increase financial resources to accelerate development and speed up worldwide market entry. Heliatek, a world leader in organic photovoltaic and a manufacturer of solar films, announced today that it has raised €15 million from new and existing investors. A strong interest among potential investors leads to an extension of the last […]

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European Investment Bank Signs Partnership Pact with Solar Alliance

This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […]

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Global VC Funding in Solar Sector Plummet to $128Mn in April-June Quarter

Global venture capital (VC) funding in solar sector has reported a steep decline of $128 million in April-June quarter of 2017 when compared with $585 million in the preceding quarter, according to Mercom Capital, a global clean energy communications and consulting firm. Most of the VC funding in Q2 2017 went to solar downstream companies […]

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SunPower Collaborates with True Green Capital Management to Finance $140 Million of U.S. Commercial Solar Projects

As part of the three-year agreement, SunPower will deliver turn-key distributed solar electric power projects for commercial and public sector customers that will be acquired by TGC. SunPower has collaborated with True Green Capital Management LLC (TGC) to establish a $140 million fund expected to finance approximately 50 megawatts of SunPower solar energy systems. Projects […]

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EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan

The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […]

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Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil

Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […]

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Digging Software for Solar

Solar industry in India seems sound. The most undeniable facet of renewable especially solar is that it floats between both the operational and technology world. Simulation, monitoring, theft-control, system design are critical while yielding a successful solar story. Most importantly, project management solutions are evident for a solar project. Solar is also in the preface […]

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ADB $500 million funding soon for private sector infrastructure in Asia and Pacific

ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […]

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ENACT Systems with Everest Industries Launches Solar Project Management Solution In India

ENACT’s software platform automates sales proposals, design, financing, installation and asset management for commercial and residential solar projects, improving workflow efficiency, reducing cost and helping scale new energy businesses. ENACT Systems, one of the leading enterprise software platform for solar projects in the US market has launched its offering for the Indian solar market. ENACT’s […]

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