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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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Solar Hybrid Systems Firm Zola Electric Raises $90 million

ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […]

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How Adani Solar Is Gearing Up For The Next Wave Of Growth

With RE Manufacturing in India having a crucial role to play in achieving RE targets of 175 GW by 2022 and 450 GW by 2030, Adani Solar as India’s largest integrated solar Cell & Module Manufacturer, is gearing up with planned expansion up to 3.5 GW of solar Cell & Module Manufacturing capacity from current 1.5 […]

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Power Roll, Filia to Develop Solar PV-enabled Window Blackout Blinds

Power Roll and Filia Solar have signed an Application Development Partner Agreement to explore the use of Power Roll’s solar film for solar PV-enabled window blackout blinds. Power Roll claims to have developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity that is up to 10 times cheaper to make than […]

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Sterling & Wilson Commissions 66 MWp Solar Energy Project in Jordan

Sterling and Wilson Solar Limited, a leading solar EPC and O&M solutions provider, has commissioned a 66 MWp Al Husainiyah solar power plant in Jordan. The project, located on an area of 1.3 sq. km in Ma’an Governorate, 200 km south of Amman, was executed with more than 850,000 safe manhours during the pandemic, by […]

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Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025

Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a  $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […]

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TSE Unveils ‘2nd Largest Solar Plant in France’ with 152 MW Capacity

TSE, an independent French player specializing in solar energy, has inaugurated its new 152 MW photovoltaic plant, located in Marville, France, in the Meuse, and developed in partnership with Enerparc AG. This official inauguration marks the culmination of a large-scale project carried out on 155 hectares of land. While construction began in June 2020, the […]

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