News

Adapture Secures $321Mn Debt Facility For 441 MW Solar Project In US

Adapture Renewables, Inc., a utility-scale solar and energy storage project developer, owner, and operator, has secured $321 million in financing from Mistubishi UFJ Financial Group (MUFG). This financing would support the construction of its largest project. Adapture Renewables’ Titanium portfolio (Titanium), is a 441 MW solar project spanning three sites across Arkansas and Illinois. The […]

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SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep

Soon after announcing plans to develop grid-connected Floating Solar PV (FSPV) projects at the beginning of 2025, SECI has now released a tender to build such projects in Lakshadweep. These projects will be located in two locations within the union territory —Agatti and Kavaratti—and include an optional Battery Energy Storage System (BESS). SECI has set […]

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MENA

Solidus Techno Power Appoints Shiva Kumar Ram As Director Of Operations

Punjab-based Solidus Techno Power Pvt. Ltd. has appointed Shiva Kumar Ram as its Director of Operations. Ram comes with a career spanning over three decades in power generation, renewable energy, and strategic project execution, Ram is set to elevate Solidus Techno Power’s operations. Solidus has been on an accelerated growth streak in the past year, […]

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Green Stocks March 6: Stocks Make The Most of Market Recovery

As the markets continued their second day of strong recovery, green stocks made the most of it as you can see. Even stocks that did not really jump today, like Adani Green, are coming off a great day yesterday when they rose as much as 10%. The standout exception of course is Gensol Engineering, which […]

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MENA

New LMFP Cathode Material Promises Enhanced EV Range

A new Lithium Manganese Iron Phosphate (LMFP) cathode active material developed by Integrals Power could increase the real-world range of electric vehicles (EVs) by extending the useable capacity of the battery under high discharge conditions, the firm has claimed. It said that the conventional Lithium Iron Phosphate (LFP) chemistries experience a reduction in useable capacity […]

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Tandem PV Raises $50m To Take Perovskite Based Technology Commercial

US based Tandem PV, which has focused research on perovskite based solar technology, has announced that it has secured $50 million in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other existing and […]

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India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks

India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW  in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […]

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SMA Solar Rocked By Losses In 2024

German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […]

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