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renewable energy

Enfinity Global Raises $242 Million Funding For Solar Plants

Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 []

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X-ELIO Awarded 15 MW First Feed-In-Premium Auction In Japan

Spanish renewable energy developer company X-ELIO has received 15 MW from the Ministry of Economy and Trade Industry (METI) in Japans first Feed-in-Premium (FIP) auction, which awarded 153.7 MW of new solar PV capacity. This first FIP auction since COD saw the award of the companys 15 MW project. The predicted start date for commercial []

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$26M Investment In RE Grid Demonstration Projects By Biden Administration

US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through []

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Adani Solar Strengthens Retail Footprint In Maharashtra

Adani Groups solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more []

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Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion

Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be []

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Reliances Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders

Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the  groups  green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into its new energy initiatives in 2021, has made significant progress []

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Gensol Ventures Into EV Market With Manufacturing Plant In Pune

Ahmedabad-based renewable energy solution provider, Gensol Engineering Ltd. has announced that it would enter into the electric vehicle (EV) market with personal mobility and cargo electric vehicles manufacturing plant. The business aspires to establish an EV manufacturing plant in Chakan, Pune. The plant is expected to begin making products in October this year and accept []

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Why The Solar Industry Needs To Push For A Circular Economy

By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levelsa threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to []

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Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar

The news of Indias ambitious solar and renewable energy targets  has thrown up the possibility of as many as one million jobs in another three years time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance  and spread of renewable energy, especially solar. []

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