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Green Financier Ecofy Secures USD 12.5 Million From IFU

 Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […]

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Danish Transparent Solar Cells Achieve 12.3% Efficiency

Researchers from the EU-funded CitySolar project have developed a new technology that can turn ordinary windows into power-generating units without losing their transparency. It offers an efficiency of 12.3% and a transparency of 30%, the team claims to have set a world record for transparent solar cell modules. These solar cells work like the leaves […]

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India’s Power Sector Needs Regulatory Reforms, Says Report

India’s transition to a cleaner, more sustainable power sector is at a critical juncture, with regulatory challenges, financial constraints and policy uncertainties shaping its trajectory. A new report by Primus Partners, ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, examines these challenges and proposes a roadmap for achieving India’s ambitious 500 GW […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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Over $900M Mobilized For Clean Energy At 2025 SEforALL Forum

The SEforALL Global Forum committed over USD 900 million to scale energy access and drive the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. The SEforALL Global Forum held from 12-13 March in Bridgetown was co-hosted by SEforALL and the Government of Barbados […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff

A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […]

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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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Brazil’s Solar Growth Soars, Eyes 200 GW by 2050

Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […]

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