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UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform

UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […]

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Nextracker to Supply 810 MW Solar Trackers to US Solar & Storage Projects

Solar tracking and software solutions provider Nextracker has signed a multi-year volume commitment agreement with solar and storage PV projects developer Strata Clean Energy to supply 810 MW of trackers for large-scale solar power projects in Texas, Arizona, and Virginia of USA. Nextracker said that consistent with its years-long campaign to grow its partnerships with […]

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Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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Qcells Supplier Hanwha to Invest $147 Million in Georgian Facility

Hanwha Advanced Materials Georgia, a manufacturer of lightweight advanced materials for sustainable technology, will invest about $147 million in a new manufacturing facility to supply the Qcells facility in Cartersville. Georgia Governor Brian Kemp said that the Hanwha investment will create more than 160 new jobs in the City of Cartersville. Hanwha Advanced Materials Georgia, […]

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Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant

Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […]

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EDF Renewables to Supply 117 MWac of Solar Energy to California Utility

Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […]

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Meta to Power Texas Datacentre with 240 MW Solar Energy from Avangrid

Iberdrola-owned renewable energy firm Avangrid has announced that it has signed a power purchase agreement (PPA) with social media platform Meta that will procure renewable energy from 240 MW True North Solar Farm. Avangrid held that the solar farm is currently under development in Falls County, Texas. It is also the first solar facility of […]

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SEG Solar Acquires 2 GW Solar Module Facility in Texas

California headquartered SEG Solar (SEG) has announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA. As per SEG Solar, this facility is capable of producing more than 2 GW of photovoltaic (PV) modules annually. SEG Solar said that the plant consists of approximately 145,000 square feet of manufacturing […]

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USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio

Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […]

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