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Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech

Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […]

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First Solar Faces Investor Lawsuits Over Business Claims In the US

Starting off the new year on the wrong foot, US solar panel manufacturer First Solar has recently found itself embroiled in a number of lawsuits alleging fraud. Shareholder rights law firm Johnson Fistel announced last week that a class action lawsuit has commenced on behalf of investors of First Solar who purchased the company’s stock […]

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Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […]

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Engagement of Senior Consultant for Project Management at Industry Sector

Bharat Heavy Electricals Limited (BHEL), India’s premier engineering and manufacturing enterprise provides World class products and services and caters to core sectors of the Indian economy viz., Power Generation and Transmission, Renewable Energy, Defence, Aerospace, Oil & Gas with over 180 product offerings to meet the needs of these sectors. With a widespread network of […]

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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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Hyderabad-based Olectra Greentech Bags Order for 50 E-buses

Olectra Greentech, Hyderabad-based country’s largest manufacturer of electric buses, on Monday said it has received a letter of award (LoA) for 50 e-buses from “one of the state transport authorities” for inter-city operations under the central government’s FAME-II scheme. These buses are to be delivered in 12 months, the company said in a regulatory filing. […]

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NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push

Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […]

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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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