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European Solar Energy Startups Witness 400% Surge in Investment: Report

A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […]

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Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US

Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […]

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Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Saatvik Bags Turnkey Solar EPC Project in Karnataka for 8.08 MW

Solar PV module manufacturer and solar EPC service provider Saatvik Green Energy has bagged a complete solar EPC contract for an 8.08 MW DC (6.5 MW AC) solar power project in Karnataka. Saatvik has been awarded the project by a large cement and power conglomerate in India and will be responsible for the execution of […]

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back […]

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US Proposal For Fee Reduction for Wind and Solar Energy on Federal Lands

The Biden administration unveiled a new proposal on Thursday to formalize a significant project fee reduction for wind and solar energy developments on federal lands. The regulation aims to boost renewable energy deployment as part of the administration’s strategy to combat climate change. Last year, the US Bureau of Land Management (BLM), a division of […]

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Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds 

Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the company’s development plans in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & […]

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Maxeon Files Patent Action Against Tongwei Solar in Germany Over Shingled Solar Cell

Singapore-based Maxeon Solar Technologies Ltd., has recently filed a patent infringement lawsuit against Tongwei Solar (Hefei) Co., Ltd. and its subsidiary, Tongwei Solar GmbH, at the Dusseldorf District Court in Germany. The suit was filed by Maxeon’s German subsidiary. The lawsuit alleges that Tongwei Solar has infringed upon Maxeon’s European Patent No. EP3522045 B1, which […]

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