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solar energy

Omnidian Secures $33 M to Help Firms Manage Solar Assets

Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […]

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Enpal Raises €345 M for New Solar Projects in Germany

To accelerate the development of solar energy in Germany, solar solutions provider Enpal has secured debt commitments of €275 million from internationally leading investors BlackRock, Pricoa Private Capital (the private capital business of PGIM), and UniCredit in its recent round of fundraising. In addition, further institutional commitments of €70 million were signed in the form […]

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Chennai Central Turns Solar Central

The Puratchi Thalaivar Dr. M.G. Ramachandran Central or Chennai Central railway station, under the South Central Railway (SCR), has met the 100% day energy requirement target by solar panels installed on the platform shelters of the station. Informing about the same, Union railway minister Ashwini Vaishnaw tweeted, “100% Day energy requirement of Chennai Central Station […]

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Wary of China, Quad Nations To Focus on Solar Supply Chain

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […]

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Solar Boats To Be Deployed on Kochi-Muziris Heritage Tours

The Cochin International Airport Ltd (CIAL) on Sunday signed a Memorandum of Understanding with the Muziris Heritage Project Ltd. for using its solar boats for the tours conducted in Kochi-Muziris heritage tourism circuit. As per the MoU signed by CIAL Managing Director S Suhas IAS and Muziris Heritage Project Managing Director P M Nowshad, the […]

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Singareni Collieries Launches 37 MW Solar Plant in Telangana

State-owned Singareni Collieries Company Limited (SCCL) inaugurated 37 megawatts solar plant at Kothagudem in Telangana  on Wednesday. Total 300 megawatts solar plants are being erected throughout Singareni, out of which 172 megawatts plants have already been completed and generating solar power, said Singareni Collieries, which is the first coal company to enter into the solar […]

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Russia Selects 775 MW Solar PV Capacity in Latest RE Auction

Russian trading system administrator JSC ATS has announced the results of renewable energy auction that came to a close on September 9, 2021. A total of 774.8 MW (rounded up to 775 MW) solar PV capacity has made the cut. The capacity of 18 winning solar power projects ranges between 8.47 MW to 60 MW, with […]

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Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity

Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […]

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White House Backs Plan for Renewable Energy Industry Tax Partnerships

The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to recent reports in the media. The expansion would allow the renewable energy industry – […]

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