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Daily News Wrap-Up: Utility-Scale Solar Tenders Up by 39% in 2024

Bid invitations for utility-scale solar projects in calendar year 2024 surpassed annual tender announcements of all previous years. Several entities floated tenders...

January 28, 2025

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Mercom Staff

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Daily Wrap-up
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Excelsior Energy Secures $1.3 Billion for 682 MW Solar Project in US

A $1.3 billion financing package for the Faraday Solar project, a 682.5 MW ground-mounted solar facility in Utah County, Utah, in the U.S., was closed by Excelsior...

November 30, 2023

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Staff

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Finance and M&A

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Solar
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Epsilon to Establish $650 Million EV Battery Components Factory in the US

Epsilon Advanced Materials (EAM), an India-based battery materials company, has announced plans to invest $650 million to establish a synthetic graphite anode...

June 28, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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DSD Renewables Secures $140 Million Funding for US Solar Projects

DSD Renewables, a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy and a provider of customized solar PV energy and...

June 19, 2023

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Sohini Aich

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Solar
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Heelstone Renewable Energy Secures $357 Million Project Financing

Heelstone Renewable Energy, an independent power producer and solar project developer, secured $357 million in financing for constructing three portfolios composed of...

June 2, 2023

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Sohini Aich

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Solar
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Pivot Energy Secures $203 Million Financing for Solar Projects in the US

Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured a $203 million financing facility to support...

May 12, 2023

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Arjun Pradeep

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Solar
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Lightsource bp Closes Financing for 313 MW Solar Project in Mississippi

Lightsource bp, a solar project developer, closed a $327 million financing package and mobilized construction finance for the 313 MW Driver Solar project in Mississippi...

April 17, 2023

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Sohini Aich

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Solar
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US to Promote Clean Energy Projects in Traditionally Coal-Producing Areas

The United States Treasury Department will provide incentives to developers under the Inflation Reduction Act (IRA) for building clean energy projects and facilities in...

April 5, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Qcells Closes $150 Million Financing for 380 MWh Energy Storage Project

Qcells, a utility-scale solar developer, energy storage developer, and solar EPC provider, closed a $150 million funding to support the construction of the Cunningham...

September 13, 2022

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Arjun Pradeep

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Storage
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Energy Storage Firm Fluence Posts 14% Drop in Revenue at $239 Million for Q3 FY 2022

U.S.-based global energy storage technology and services provider Fluence recorded revenue of $239 million for the third quarter (Q3) of the financial year (FY) 2022...

August 18, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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PNE Sells 280 MW of Solar Projects in Romania and the US

German renewable energy developer PNE has sold two solar PV projects in Romania and the U.S. with a total capacity of around 280 MW. Israel-based Econergy International...

March 16, 2022

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Utsav Sinha

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Solar
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Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%

In 2021, India imported solar cells and modules worth $3.52 billion (~₹262.6 billion), an increase of 641% compared to 2020. In 2020, the Indian solar sector had...

February 8, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges: GWEC

The latest market outlook published by the Global Wind Energy Council Market (GWEC) Intelligence expects 71.3 GW of wind power installations in 2020 despite the impact...

November 9, 2020

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Rahul Nair

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Wind
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Masdar to Acquire 50% Stake in EDF’s 1.6 GW of Renewable Projects

Masdar (or the Abu Dhabi Future Energy Company) announced that it has signed an agreement with EDF Renewables North America to acquire a 50% stake in eight renewable...

August 17, 2020

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Harsh Shukla

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Finance and M&A

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Other
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US Solar Industry Created Nearly 250,000 Jobs in 2019

Solar Jobs in 2019 rose across the United States after two straight years of decline, according to the latest reports from The Solar Foundation, a U.S.-based non-profit...

February 27, 2020

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Nithin Thomas

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Uncategorized

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