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The Renewables Infrastructure Group (TRIG) has actually increased ₤ 120 million, which is readied to go in the direction of its revolving credit center (RCF).

PEG Africa, a company offering pay-as-you-go solar to consumers and businesses in West Africa has received a $5 million investment from European Union initiative ElectriFi. The company says it has now secured more than $50 million and plans a major expansion.

Phillips 66 faces $604.9 million verdict for stealing Propel Fuels' secrets, raising stakes in California's renewable energy race after a decisive jury ruling. Higher damages may be on the horizon!

Comet-ME has developed a solar-powered submersible borehole piston pump for off-grid communities and smallholders to use for irrigation and domestic purposes. The device, compatible with PV systems from 300-900 W in size, can pump water from 45m with as little as 50 W of continuous solar power.

Xinte Energy has actually introduced plans to offer virtually 180 million shares in the business to elevate funds for a brand-new 100,000 heap polysilicon manufacturing facility.

OMERS Infrastructure has actually tattooed a contract with International Finance Corporation and IFC GIF Investment Company I to make the purchase.

Scatec Solar has actually elevated more than US$ 500 million in an exclusive placement simply days after it announced the US$ 1 billion procurement of hydropower firm SN Power.

“Everybody’s been talking about this, but this is it,” Engie Storage CEO Christopher Tilley tells GTM.

Two high-profile bankruptcies this year could serve as a warning for the potential pitfalls of pay-as-you-go solar. However, Marcus Wiemann and David Lecoque of the Alliance for Rural Electrification say such business models can lead to long-term success and have a key role to play in providing power to the 1 billion people throughout the world who still live without electricity.

The US Department of the Treasury has actually disclosed exactly how new eco-friendly tax incentives will certainly be spent for by a tax raid on the fossil fuel sector, removing aids for oil and gas business.

Chinese solar module maker Jinko Solar Holding Co. revealed its unaudited financial outcomes for the third quarter finished September 30, 2020.

Bboxx is broadening its footprint in Africa by acquiring pay-as-you-go solar business PEG Africa.

‘Solar Module Super League’ (SMSL) member, First Solar has agreed to settle a 2012 class action lawsuit to the tune of US$350 million. The settlement is subject to approval by the United States District Court for the District of Arizona.

Enel's web normal earnings has actually risen by 17.4%, with earnings raising to EUR80.3 m in 2019 from EUR75.5 m in 2018.

Traditional solar cookers concentrate sunlight on mirrored surfaces and convert it into heat. But this summer, Sunspot unveiled Sunspot Solar Electric Cooking, a new cooker based on PV technology. The system relies on two PV modules, a lead-carbon battery, an inverter, and an induction cooktop.