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Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production

Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […]

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ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan

Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […]

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Research on Perovskite-CIGS Tandem Solar Cells Yields 24.9% Efficiency

Based on a commercial copper indium gallium selenide (CIGS) solar cell, engineers from Midsummer, by teaming up with researchers at Prof. Yang Yang’s laboratory of University of California, Los Angeles (UCLA), have demonstrated a four-terminal perovskite-CIGS tandem solar cell reaching 24.9 percent efficiency.  Midsummer is a leading Swedish developer and manufacturer of thin film CIGS […]

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SJVN Gets Letter oF Award from MSEDCL for 200 MW Solar Project in Maharashtra

State-owned renewable energy company SJVN has announced that its wholly-owned subsidiary SJVN Green Energy has received a Letter of Award from Maharashtra State Electricity Distribution Company (MSEDCL) for the development of a Solar Power Project in the State of Maharashtra. SJVN said that the capacity of the solar project will be about 200 MW. As […]

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Electriq Power Secures $300 Million for Solar+Storage Financing

Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […]

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Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round

Solar financing platform Aerem has raised $5 million in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […]

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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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Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy

South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […]

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Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative?

Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […]

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