Brookfield Invests In India’s Avaada Group
Indian Renewables Company Avaada Raised Over $1 Billion For Green Hydrogen & Ammonia Projects, Mostly from Brookfield
Indian integrated renewable energy company Avaada Group has raised $1.07 billion as part of its ongoing $1.3 billion fund raise plan for green hydrogen and green ammonia ventures, with global renewable energy investment manager Brookfield Renewable investing up to $1 billion.
CEC Funding For US Solar Tech Company
NEXT Energy Technologies Secures $3 Million To Scale Up Initial Production Line For Organic PV
US based transparent solar windows creator NEXT Energy Technologies has raised $3 million funding from the California Energy Commission (CEC) to further develop its proprietary transparent PV coating for windows to start generating power and bring it to commercialization.
$30 Million Funding For US Based Solar Recycling Firm
Solarcycle Raises $30 Million Series A Funding From A Host Of Investors To Be Used To Rapidly Build Recycling Infrastructure In US & Beyond
Solar recycling company Solarcycle says it is on track to install capacity to recycle 1 million solar panels annually by the end of 2023 and open a vertically integrated, advanced recycling factory in Odessa, Texas, with capability to process million.
€13.5 Million Fresh Funding For Swedish Solar Startup
World Fund, Nordic Alpha Partners & Legal & General Capital Pool In €13.5 Million For Solar Roof Producer SunRoof To Expand In Europe & US
Eyeing growing demand for residential solar PV systems in Europe in the face of energy and climate crisis, Swedish solar roofs manufacturer SunRoof plans to use fresh funding of €13.5 million raised from climate tech investors to expand business in Germany, the Nordics, Poland and the US.
NextEnergy Launches New Solar Fund To Raise Up To $2.0 Billion
NextEnergy Capital Continues OECD Strategy With New Solar Fund, Backed By 13 GW Pipeline In Targeted Geographies
UK based solar investment and asset manager NextEnergy Capital (NEC) aims to raise $1.5 billion and not more than $2.0 billion for its new Organization for Economic Co-operation and Development (OECD) focused solar fund that’s targeted to own an installed capacity of 3.5 GW at full deployment.
African Off-Grid Solar Company Raises €19 Million Funding
Africa focused Off-Grid Solar Electrification Company WeLight Secures International Funding To Bring Reliable Energy To 120 Madagascar Villages
Rural electrification operator of off-grid solar power systems in Africa, WeLight has raised a collective investment of €19 million from international lenders, including the European Investment Bank (EIB), to enable it to build small solar mini-gri.
Tesla Investor Bets On German Residential Solar Company
Germany’s Enpal Values Itself At €2.2 billion With €215 Million Equity Funding From Host Of Investors, Including Tesla Investor Westly Group
Quickly growing German residential solar company Enpal has announced a Series D funding round worth €215 million from a host of investors that include Tesla investor Westly Group, that the German company claims takes its overall valuation to $2.2 billion.
Australia Funds 13 Projects To Support Low Cost Solar Research
ARENA Shells Out $41.5 Million To Back UNSW, ANU & USYD Research Projects To Meet 30% Solar Efficiency For $0.30/W By 2030 Goal
A total of 13 research projects from the University of New South Wales (UNSW), Australian National University (ANU) and University of Sydney (USYD) have secured $41.5 million funding from the Australian Renewable Energy Agency (ARENA) to help commerc.
Australia’s 5B Closes Funding Round With BP Pitching In
Global Fossil Fuel Giant BP Invests $20 Million In Australian Solar Technology Company 5B, Helping Close $55 Million Series B Funding Round
Australian solar technology company 5B that supplies prefabricated modular, scalable and rapidly deployable solar solution has secured oil/gas major bp plc as a strategic investor, and revealed plans to explore opportunities along with bp’s 50:50 J.
$14 Million DOE Funding For Solar & Wildlife Interaction
US Funding Efforts To Understand How Solar Energy Infrastructure Interacts With Wildlife & Ecosystems
The US Department of Energy (DOE) has awarded $14 million to projects that explore solar energy infrastructure’s interaction with the wildlife and ecosystem with an aim to minimize the impact of this growing renewable energy technology on the local environment and the species that thrive there.
Indian Solar Module Maker Raises INR 10 Billion Funding
Waaree Secures Private Funding To Support Cell & Module Expansion Plans; May Set Up 2 GW US Production Plant
Indian solar module manufacturer Waaree Energies Limited has raised INR 10 billion ($122 million) through private funders, including private offices, to support its production expansion plans of 9 GW for solar modules and enter into cell production with 5.4 GW target.
Indian Solar EVA Maker Raises INR 70 Million Funding
Navitas Solar Subsidiary Navitas Alpha Renewables Secured INR 70 Million Seed Funding To Expand Capacity
Solar EVA encapsulant films manufacturer from India, Navitas Alpha Renewables Private Limited (NARPL) has raised INR 70 million as seed funding from a host of investors to help ramp up testing capabilities, and add incremental capacity.
Swedish Startup SunRoof Raises €15 Million Funding
Klima Led Funding Round Helps SunRoof Raise €15 Million To Increase Sales & Production
Swedish solar energy startup SunRoof has raised €15 million in a funding round led by growth equity fund Klima to strengthen its position in the existing European markets, increase sales and production capabilities.
US Solar Technology Start-Up Raises $44 Million
Terabase Energy Secures Funds For Robotics-Assisted Platform For Utility Scale Solar
US based solar technology start-up Terabase Energy has raised $44 million Series B financing for its robotic automation platform for utility scale solar plants, from Bill Gates backed Breakthrough Energy Ventures (BEV), venture capital firms Prelude Ventures and SJF Ventures, among others.
REC Group’s French Plans Win EU Funding
EU Picks REC Group’s 2 GW HJT Module Manufacturing Plant under 2nd Innovation Fund Round
Norway’s REC Group has been selected as one of the 17 winners of the European Commission’s (EC) 2nd round of Innovation Fund awards, paving the way for the company to build a 2 GW heterojunction solar module manufacturing fab in France.
Australian Funding Support For Solar Recycling Projects
NSW Government’s AUD 7.4 Million To Help Establish Solar Module & Battery Recycling Facilities
Australia’s New South Wales (NSW) has announced funding of close to AUD 7.4 million for the construction of solar panel and battery recycling facilities, estimating these will help save over 12,000 additional tons from ending up in landfills every year.
ARENA’s $45 Million For $0.30/W Solar Cost
ACAP To Get $45 Million Government Funding For Cutting Edge Solar PV Research
The Australian Renewable Energy Agency (ARENA) has committed up to $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.
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