Solar is one of the cleanest forms of energy, and the EU is determined to make sure it taps the giant ball of nuclear fusion in the sky to reduce its dependence on fossil fuels. Indeed, as part of the REPowerEU plan, the European Commission is considering a path to introduce rules that would mandate […]
Two former CloudKitchens execs are tackling Mexico’s solar power lag
For a country with some very sunny regions, Mexico has strikingly little solar power. At just over 10 gigawatts of solar capacity, it has one-eighth that of Germany, a country with less sunlight and 40% fewer people. German government incentives have helped, but there’s more to the story than that. In Mexico, the solar market […]
Hohm Energy to scale adoption of rooftop solar across South Africa, backed by $8M seed
In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. According to the state-owned power generator Eskom, the country witnesses a significant power deficit, surpassing 6,000 megawatts on occasion. This situation is similar in […]
Arnergy, which provides solar power systems to homes and businesses in Nigeria, raises $3M
Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $ 3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider of solar power systems to homes and businesses, secured […]
Orbital Composites and Virtus Solis team up for space-based solar power mission
Advanced manufacturing startup Orbital Composites is teaming up with Virtus Solis Technologies to conduct a space-based solar power demonstration as soon as 2027. The two companies say the mission will be a precursor to an in-space “megawatt-class” solar power installation by 2030, which could mark “a new chapter in renewable energy.” Space-based solar power (SBSP) is […]