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investment

Baseload Capital Raises $24 Million To Bolster Geothermal Energy

Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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First Solar will supply 700 MW solar modules to Silicon Ranch

Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […]

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Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US

Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […]

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Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment

The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […]

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FIMER Solar Inverter Solutions Support Yarmouk University with 3.59 MW Capacity

A recent supply of solar inverters from Italian company FIMER included 14 TRIO-20.0/27.6-TL and 48 PVS-50/60-TL for Yarmouk University’s solar plants. (FIMER Solar Inverter) This unique project, known as the Yarmouk University Project-Phase 2, was erected in 2021 and has a 3.6 MWP capacity powered by 48 FIMER PVS-50/60-TL and 14 TRIO-20.0/27.6-TL, which allows 350 […]

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Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

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DOE Awards $100 Million to Group14 Technologies for Battery Production

Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […]

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