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Metafin, the solar finance startup, secures $5 million in funding to expand operations, enhance technology, and provide affordable power to rural businesses in India.

Infratil Ltd anticipates a significant earnings boost fueled by AI-driven growth in data centers and renewable energy, with a focus on sustainable infrastructure for future market demands.

With this investment, the firm holds an 11% stake in the SPV

NHPC Ltd has actually provided a tender for awarding the EPC contract for the development of a 100 MW solar project in Koppal District of Karnataka.

TANGEDCO has actually issued a tender for the commissioning of a 1 MW solar plant with a linked 1 MW/3.0 MWh Battery Storage Space in Tamil Nadu.

Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.

A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.

The Liquid Metal technology battery maker hopes to see business growth quickly. SES was founded in 2012 and also quickly became an integrated Li-Metal battery supplier with strong capabilities in material, cell, module, AI-powered security algorithms and also recycling.

Solar software company Raptor Maps has closed a US$ 22 million Series B increase that will be made use of to more create its Raptor Solar software platform, created to allow utility-scale as well as commercial as well as industrial (C&I) solar companies to make better use their data.

The Dubai Electricity as well as Water Authority (Dewa) introduced that it will be investing $11 billion as capital expenditure over the next 5 years. Under the Dubai Clean Energy Strategy, Dubai targets to obtain 75% of its energy requirements only from clean energy sources by 2030.

Italian start-up Energy Dome has actually launched the first demonstrator project of its carbon dioxide-based energy storage space remedy, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.

Financial investment in the off-grid solar industry hit a record US$ 450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).

Trina Solar has actually started building on a vast new industrial park in the central Chinese province of Qinghai that will cover practically the whole PV manufacturing chain from polysilicon manufacturing completely to modules.

By the end of 2023, Summit Ridge expects to have more than 500 MW of solar and also 100 MWh of battery storage space projects on-line supplying energy savings to roughly 175,000 household as well as commercial customers. Earlier, Apollo released its Sustainable Investing Platform, which is looking to deploy $50 billion in clean energy and also climate capital over the following five years.

The Australian Renewable Energy Agency is putting US$ 1.66 million into a vehicle-to-grid test to show how electrical automobiles can provide grid supplementary services. The REVS research study and also market consortium wishes to show how EVs can create income for fleet owners.