Tata Cleantech secures US$30-million from UK investor CDC
The investment will enable Tata Cleantech to provide loans for green projects, including e-mobility solutions as well as water and energy efficiency.
Solar system prices to rise – then fall – in 2021, with another record year anticipated
IHS Markit is predicting the world will add 30% more solar capacity this year.
Eden Renewables India secures US$165 million finance for 450 MW solar project
The project, currently under construction in Rajasthan, was won by the developer in a Solar Energy Corporation of India (SECI) auction.
Bangladesh joins hydrogen energy race
The Bangladeshi government has launched a pilot hydrogen production project as part of its effort to reduce the country’s dependency on fossil fuels and accelerate the transition to clean energy.
The long read: Smarter robots to step up to service
On Dec. 1, Tel-Aviv based robotic cleaning provider Ecoppia launched an initial public offering on the Tel Aviv Stock Exchange. In doing so, the seven-year-old solar startup raised $83.8 million from public and institutional investors – although heavily slated toward the latter. Jean Scemama, who joined Ecoppia as CEO in April 2020, says the IPO will allow it to double down on R&D efforts and expand into the provision of services.
The market for off-grid solar refrigeration
Standalone solar-powered refrigerators present a $20 billion opportunity in India for vaccine storage, milk chillers, households, micro enterprises, and cold storage for farm produce, according to a new report by Gogla.
Battery startup Gegadyne Energy raises INR 33.4 crore from V-Guard
The Mumbai-based battery startup develops advanced nano-material composites to enable quick-charging batteries for electric vehicle (EV), industrial storage, and consumer electronics space.
World could add up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
IFC says green recovery could drive $2.5tn renewables market this decade
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
Floating solar plant operational at Cochin Airport
The 452 kWp array features 1,300 photovoltaic panels across an acre of water split between two artificial lakes at the airport golf course.
