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SOLARCYCLE Raises $30 Million for Advanced Recycling

Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […]

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Navitas Solar Ropes in Hiten Parekh as Chief Business Officer

In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […]

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Wales Set to Welcome First Floating Wind Farm Worth 100 MW Capacity

France-bases TotalEnergies and Ireland’s Simply Blue Group have received a nod for the Erebus floating offshore wind farm for 100 MW capacity. The wind farm will be established in the Celtic Sea. This is said to be the first of its kind wind farm off the Wales coast. For the said project, a s36 application […]

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“Maintenance of wind turbine blades must be condition-based, not time-based”, Mahesh Wagle, Cybernetik

A three-decade old firm, Pune-based Cybernetik has been practively working to deliver customized automation and equipment solutions for the wind energy industry. With the EV sector gathering steam, Cybernetik has also shifted focus to build battery packs in the EV sector. The firm has in its list of clientele leading auto players such as Bajaj, […]

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Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added

A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […]

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Silfab Solar Raises $125 Million to Build Third US Cell Factory

North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […]

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Plug Power to Design 100 MW Electrolyzer Technology for Uniper

Germany’s power producer, Uniper has selected Plug Power, a provider of hydrogen solutions for the global green hydrogen economy, to design electrolyzer technology for its Maasvlakte site at the Port of Rotterdam in the Netherlands. As per the deal, Uniper  will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026. Towards […]

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Spain’s Repsol Acquires 250 MW of Wind & Solar Assets from Germany’s ABO Wind

Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […]

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