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energy investments

Amazon Sets Up First Wind, Solar Farm in China

American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […]

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IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia

A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can  help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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First Solar will supply 700 MW solar modules to Silicon Ranch

Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […]

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FIMER Solar Inverter Solutions Support Yarmouk University with 3.59 MW Capacity

A recent supply of solar inverters from Italian company FIMER included 14 TRIO-20.0/27.6-TL and 48 PVS-50/60-TL for Yarmouk University’s solar plants. (FIMER Solar Inverter) This unique project, known as the Yarmouk University Project-Phase 2, was erected in 2021 and has a 3.6 MWP capacity powered by 48 FIMER PVS-50/60-TL and 14 TRIO-20.0/27.6-TL, which allows 350 […]

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Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

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DOE Awards $100 Million to Group14 Technologies for Battery Production

Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […]

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Rising EV: The State Of EV Sector In India

India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […]

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