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ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations

Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […]

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Agrivoltaics Make Their Case For India

It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […]

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Aussie Solar Start Up 5B Feels the Need for Speed: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $14 million in funding for 5B to accelerate the automation of its innovative utility scale solar array, 5B Maverick. Launched in 2017, the 5B Maverick is a modular, prefabricated solar array that can be built and pre-wired in a factory and […]

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U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA

The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […]

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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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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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Meyer Burger to Build 400MW Solar Module Mfg Facility in U.S.

Switzerland-based Meyer Burger Technology has announced that it will build a production facility for high-performance solar modules in Goodyear, Arizona. The establishment of production in Arizona offers Meyer Burger customers in the growing North American market faster and direct access to solar modules and makes them less dependent on imports, says the firm. The Arizona […]

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Koch Invests $150 million in GameChange Solar

GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […]

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Shell Acquires Solar And Energy Storage Developer Savion

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […]

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