Solar News

Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million

Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […]

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CAMS Acquires Solar O&M Company Belectric

Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its […]

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New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA

A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […]

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EV Startup Odysse Brings New E2Go Low-Speed Electric Scooter

Odysse Electric Vehicles, provider of exclusive E-scooters and E-Bike, has launched its all-new electric scooter E2Go starting from Rs 55,499 on-road price. The new E2Go electric scooter brings a waterproof 250 Watt, 60V BLDC motor with two types of battery options – 1.26 kWh Lithium-ion battery or 28AH lead-acid battery. E2Go claiming the range of […]

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CIT Leads $69 Million Financing for Solar Portfolio

CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […]

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Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India

Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the […]

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Sterlite Power Appoints Amitabh Prasad as Brazil CEO

Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […]

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Pandemic Wiped out 429,000 Clean Energy Jobs in USA in 2020: Report

Due to the hard-hitting impacts of the pandemic, the US clean energy industry finished 2020 with its fewest number of workers/ jobs since 2015. Due to the hard-hitting impacts of the COVID-19 pandemic, the clean energy industry finished 2020 with its fewest number of workers since 2015. It also marked the first year clean energy […]

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Siemen’s Gamesa Pushes for Profitability, Closes 2 Plants in Spain

Siemens Gamesa, the Spanish-German wind turbine manufacturer that is among the global top 3 in the sector, has shuttered two of its plants in Spain following lack of orders from the Spanish market for the blades it manufactures at these plants. The closures, which will lead to the loss of 266 jobs, have followed months […]

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