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renewable

Masdar, Jordan’s Ministry of Energy Sign Pact for 2 GW RE Projects

UAE flagship renewable energy developer Masdar has signed an MoU with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 GW. The MoU was signed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and […]

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DhaSh PV Increases PV Junction box Production Capacity to 11 GW

DhaSh PV Technologies, a manufacturer of PV Junction boxes with headquarters in Bangalore, recently announced a significant expansion of its cutting-edge manufacturing facility in Bengaluru, increasing its total production capacity from 8 GW to 11 GW. The company’s decision to expand is driven by both the sharp increase in demand for its PV Junction box […]

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Enel North America to Build Solar Cell, Panel Manufacturing Facility in US

Enel North America has announced through its affiliate 3Sun USA about its intention to build an industrial-scale production facility in the US for the manufacturing of solar photovoltaic (PV) modules. The official statement by Enel held that the proposed facility is expected to have a minimum production capacity of 3 GW. It could be scaled […]

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Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US

The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […]

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Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel

Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […]

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FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation

Through its partners, Main Solution and Evolvere, the Italian provider of renewable energy and electric mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have been installed at Vegitalia S.p.A., a business that has been active in the food industry since 2004, in San Marco Argentano […]

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EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider

The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […]

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AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara

African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […]

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