ARENA’s $45 Million For AUD 0.30/W Solar Cost
ACAP To Get AUD 45 Million Government Funding For Cutting Edge Solar PV Research
The Australian Renewable Energy Agency (ARENA) has committed up to AUD 45 million funding for the Australian Centre for Advanced Photovoltaics (ACAP) to support its ‘cutting-edge’ solar PV research on achieving ultra-low-cost solar PV and extending its operations until 2030.
$15 Billion For Brookfield’s Energy Transition Fund
World’s ‘Largest’ Private Fund Raises $15 Billion From Institutional Investors For Energy Transition
Global alternative asset manager Brookfield Asset Management has raised $15 billion from institutional investors for its inaugural impact fund called Brookfield Global Transition Fund (BGTF), claiming it to be the world’s largest private fund to facilitate a net-zero economy.
US: $6 Million For Early-Stage Solar Research
DOE To Fund Innovative Solar Energy Ideas Under SIPS 2022 Funding Program
The Department of Energy (DOE) in the US has announced a funding of $6 million for a slew of solar energy research and development projects for both solar PV and concentrating solar-thermal power (CSP) under Small Innovative Projects in Solar (SIPS) 2022 Funding Program.
Solarcycle Raises $6.6 Million In Growth Funding
SolarCity’s Rive Brothers & Ex CEO/CTO Of SunPower Invest In Solar Panel Recycling Start-Up
Solar panel recycling start-up Solarcycle, Inc in the US has raised growth funding of $6.6 million from a host of investors including SolarCity founders Peter and Lyndon Rive brothers and former CEO/CTO of SunPower Corporation Tom Dinwoodie.
Tandem PV Raises $6 Million For US Pilot Fab
International Solar Manufacturer & US Utility Among Investors For US Perovskite Solar Tech Startup
California, US headquartered solar energy startup Tandem PV has raised $6 million for its Series A financing round with investors including an international solar manufacturer and a US utility company, to arrange funds for a pilot manufacturing fab in San Jose.
NexWafe Raises An Additional €7 Million Investment
German Silicon Solar Wafer Producer Closes Series C Investment Round With €39 Million In Total
NexWafe GmbH, a silicon solar wafer manufacturer from Germany, has raised an additional €7 million which helps it achieve closure for its Series C investment round having raised a total of €39 million that it will use for technology development.
Shell’s US Solar Platform Raises $775 Million
Silicon Ranch Corporation To Expand Business With $775 Million Equity Raise
American independent power producer (IPP) Silicon Ranch Corporation has announced $775 million equity raise from a host of new and existing investors, including the company’s current investor Shell.
Enpal Becomes Solar Unicorn In Germany
German Solar Company Enpal Raises €150 Million From SoftBank
German solar start-up Enpal has become a unicorn with its stock valuation reaching €950 million, equivalent of $1.1 billion, after Masayoshi Son headed SoftBank group committed €150 million ($174 million) in the company.
Nexamp Gets $680 Million Funding
US Solar IPP Nexamp Secures $680 Million Debt & Equity Financing To Expand Its Solar & Storage Business
Nexamp has secured a $240 million equity investment led by Generate Capital. This fund will be used to further expand the efforts of the US clean energy solutions provider to offer a flexible range of decarbonization options for customers.
BlackRock Raises Funds For Climate Finance Partnership
Global Investment Manager Blackrock Raises Over $250 Million For CFP With Focus On Accelerating Global Transition To Low Carbon Economy
Over $250 million in commitments has been raised by Global Investment Manager BlackRock from a consortium of global institutional investors, governments and philanthropies for the Climate Finance Partnership (CFP).
5B Raises AUD 12 Million In Pre-Series B Funding
Former Australian Prime Minister Malcolm Turnbull Among Investors Pooling In AUD 12 Million For Solar Technology Company 5B In Oversubscribed Funding Round
Australia’s former Prime Minister Malcolm Turnbull has chosen solar energy technology to tip some of his money into as he joined other investors to fund local Australian clean technology company 5B that has developed a prefabricated and rapidly deployable solar solution.
Solar Attracted $14.5 Billion Total Corp Funding In 2020
Mercom Capital Group: Global Solar PV Corporate Funding In 2020 Grew 24% Annually To $14.5 Billion In 2020; All-Time High For Solar Asset Acquisitions
Global investor interest in solar PV market is once again growing as Mercom’s latest report shows there was a 24% annual increase in 2020 corporate funding for solar, after 2019 recorded a 20% jump over 2018.
Norway To Fund 30 MW Solar PV Capacity In Guyana
Government Of Norway Approves GYD 16 Billion To Fund 30 MW Solar PV & Storage Capacity In Guyana; Funding Approved By UAE To Turn Wakenaam Into Country’s ‘First Truly Green Off-Grid’ Centre
The funds that were originally planned to be spent on a 165 MW hydropower project in Guyana will now be used for the construction of solar power plants in the Latin American country.
$53mn From US DOE To Fund Early Stage Solar Tech
US Department Of Energy Selects 53 Innovative Research Projects For $53 Million Financial Support To Advance Early Stage Solar Technologies To Bring Down Solar Electricity Costs & Grow Solar Workforce; Bifacial Modules & Perovskite Subjects Of Some Selected Projects
The 53 projects selected by US DOE for $53 million financial support are spread across 21 states along with the District of Columbia, and include PV research to increase grid resiliency in Puerto Rico.
€100Mn Clean Energy Fund From Bill Gates & EU
Bill Gates Led Breakthrough Energy & European Commission Launch €100 Million ($114.7 Million) Strong Breakthrough Energy Europe To Bring Radically Innovative Clean Energy Technologies To Market Faster
A joint investment fund has been launched by the European Commission and Bill Gates led Breakthrough Energy worth €100 million ($114.7 million) through which innovative select European companies will be empowered to develop and bring radically new clean energy technologies to the market.
New SunShot Funding Opportunities
US Department of Energy Launches Tender For Fresh Round Of SunShot Initiative Grants Worth $65 Million
After US DOE announced that the SunShot Initiative has already achieved 90% of its goals much ahead of its 2020 deadline, it has outlined 2030 targets and has launched tenders for fresh rounds of Sunshot program funding worth $65 Million.
