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US Firm Kevala Raises $21 M in Series A Funding Round

US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […]

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Direct Supply of Solar Power to Railways Can Save 7 Mt Carbon: Study

The direct supply of solar energy to Indian Railways lines, without the need to connect via the grid, would save almost seven million tons of carbon a year whilst also powering at least one in four train on the national network on competitive terms, a new study by Delhi-based Climate Trends and UK-based green tech […]

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Australia, Where Rooftop Solar Could Meet 77% Of Power Demand By 2026

In recent time, Australia — one of the sunniest places on the planet — has emerged as a world leader in the rooftop solar market. As of now, households have installed 14 GW of solar panels. By 2025, this figure is set to increase by 8.9 GW. The reasons for this expansion include the subsidies offered, […]

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MNRE Notification Extends Deadline for PM KUSUM Component A Completion

The Ministry of New and Renewable Energy (MNRE) has published a notification extending the deadline for projects allotted under Component A of PM KUSUM scheme to March 31, 2022. Component A refers to ground mounted projects on barren/waste land owned by farmers or in rural areas, with an overall target of 10,000 MW of such […]

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Uzbekistan’s First utility Scale Solar Plant of 100 MW Commissioned

Uzbekistan, the central asian republic has inaugurated its first utility-scale solar plant, a 100MW site developed by the UAE’s Masdar. Agreements to build the project had been signed between Masdar and the government of Uzbekistan and JSC National Electric Grid of Uzbekistan (NEGU) in 2019. The agreements covered all aspects of design, finance, build, own […]

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Q Cells Invests Into Solar Storage Firm Amped Solutions in North America

Q Cells North America, which is among the market leaders in the US market with its range of solar modules and cells, has made an undisclosed investment into a portfolio of solar-plus-storage projects of Amped Solutions in California. This deal had been structured to help Amped Solutions reduce project risks and upgrade its systems. For […]

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Global Solar Installations Reached 138.2 GW in 2020

Despite the continued impact of COVID-19, a massive 138.2 GW of solar was installed in 2020, representing an 18% increase compared to 2019, in yet another global annual installation record for the global solar PV sector, finds a new report by SolarPower Europe. SolarPower Europe, the new EPIA (European Photovoltaic Industry Association), has released its […]

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“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables

As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […]

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