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U.S. Solar Platform for Shell Raises $775 M in New Equity Capital

Nashville-based Silicon Ranch Corporation, an independent power producer in the U.S. and the American solar platform for Shell, has raised $775 million in new equity capital. The equity raise will support continued execution of Silicon Ranch’s business plan, including construction of its contracted pipeline and the acceleration of its customer-led growth strategy, by developing new […]

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KVG Bank, Bengaluru Firm to Provide Solar Pumps to Karnataka Farmers

Karnataka Vikas Grameena Bank (KVG Bank) has signed a memorandum of understanding (MoU) with Bengaluru-based MECWIN Technologies Ltd to introduce farmer- friendly solar-powered pump sets through bank’s finance. KVGB general manager P Srinivas Rao and MECWIN Technologies co-founder Shivakumar H M signed the agreement in the presence of KVGB chairman P Gopi Krishna here on Saturday. […]

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Solar Cleaning Firm Ecoppia Reaches 3 GW Milestone

Ecoppia, the cloud based, water free robotic cleaning solutions firm for photovoltaic solar, has announced a key milestoneof crossing a project portfolio of 3,000MW, cleaning over 4.8 billion panels till date. This significant milestone aligns with Ecoppia’s global expansion activities into new geographies, answering the burning need for truly autonomous robotic solutions in dry regions. With […]

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US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding

PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […]

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iSun Bags $29.3 M Deal to Build Solar Canopies at EV Charging Stations

Vermont, US based iSun Inc., a solar energy and clean mobility infrastructure company, recently announced that it has been selected to design and deliver an expected total of 1,780 off-grid solar canopies to be located at EV charging stations. With 50 years of construction experience in solar, electrical and data services, the company is also a […]

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NHPC, GEDCOL to Set Up 500MW Floating Solar Projects in Odisha

State-owned hydropower giant NHPC on Wednesday said it has signed a pact with Green Energy Development Corporation of Odisha Ltd (GEDCOL) to form a joint venture (JV) for setting up a 500-megawatt (MW) floating solar power projects in Odisha. “Promoters agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development […]

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