Mufin Green has raised $18 million in funding from a U.S. based institution. Funds will be used to scale EV mobility financing and leasing solutions for the MSME sector. The 10-year loan includes an initial $10 million disbursement, with the balance of $8 million expected within 12 months. India – Mufin Green Finance Limited, a […]
Saudi Arabia raises $2.36bn in euro bonds, including inaugural green tranche – EQ
In Short : Saudi Arabia raised €2.25 billion ($2.36 billion) through euro bonds, including its first green tranche. The issuance included a €1.5 billion green bond and a €750 million conventional bond, attracting €10 billion in orders. Proceeds will fund sustainability projects, aligning with Saudi Vision 2030 and reinforcing the Kingdom’s commitment to economic diversification […]
Juniper Green Energy Raises $1 Billion in Debt Financing to expand its Clean Energy Portfolio – EQ
Gurgaon – Juniper Green Energy, the renewable energy developer, has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This strategic funding will support the growth and development […]
DeepSeek breakthrough raises AI energy questions – EQ
In Short : DeepSeek’s AI innovation, boasting over ten times higher energy efficiency than competitors, challenges assumptions about AI’s power demands. The breakthrough has impacted energy markets, triggering stock shifts. While it reduces AI’s immediate energy costs, experts warn that increased AI adoption could still drive long-term energy consumption growth, reshaping debates on sustainability and […]
EMO Energy raises $6.2 million in Series A led by Subhkam Ventures – EQ
In Short : EMO Energy, a company specializing in innovative energy storage solutions, has successfully raised $6.2 million in a Series A funding round led by Subhkam Ventures. This funding will support EMO Energy’s efforts to scale up its production, enhance research and development, and expand its market presence. The investment underscores the growing interest […]
HOP Electric Mobility raises USD 2.6 mn – EQ Mag Pro
HOP Electric Mobility has received funding of USD 2.5 million as it closed a strategic round as a part of a USD 10 million pre-series fundraiser. The electric two-wheeler manufacturer has recently achieved a new milestone of establishing 105 sales touchpoints with over 6,200 electric scooters on Indian roads in 2021. With newly raised funds, […]
LONGi raises silicon wafer prices as rally resumes – EQ Mag Pro
Chinese solar silicon wafer manufacturer LONGi has raised its prices for the third time this year, as the market has resumed its rally after a dip in the fourth quarter. LONGi raised its prices today for P type M10 182/247mm wafers to Yn6.50 from Yn6.38 in late January, for P type M6 166/223mm wafers to […]
Longi unexpectedly raises PV wafer prices – EQ Mag Pro
LONGi increases monocrystalline silicon wafer prices DR Laser to invest in the construction of the second phase of its R&D and production base JYT Corporation PV installed capacity touches 1.2 GW in 2021 Autowell Technology expects net profit in 2021 to be between RMB 326.5 million to RMB 342 million Jinko Solar’s Roberto Murgioni to […]