Jinchen says it aims to raise CNY 1 billion ($140 million) through a private placement of shares.
Swedish heat pump manufacturer Aira has secured financing to expand its business, which targets the residential market. It has also obtained a grant to establish a heat pump production facility in Poland.
Aerosolar, a spinoff from the Queen Mary University of London, has created a novel aerosol method that it claims boosts efficiency and stability of metal halide perovskite solar cells.
Germany’s Electrofleet has invested in its virtual power plant technology partner Dieenergiekoppler. The two collaborate to enable mid-sized businesses to use self-produced renewable energy based on fixed price contracts. Dieenergiekoppler’s latest financing round solidified the collaboration.
Sumitomo and Shikoku Electric have agreed to sell solar power to Japanese retailer Aeon Mall under a power purchase agreement (PPA). Around 15 MW of solar carports are now being developed to supply the electricity.
Indoor solar cell developer, Perovskia Solar, is setting up a factory in Switzerland that may reportedly print 1 million of its custom-designed perovskite devices annually. It targets the market for self-powering consumer electronics and internet-of-things devices, such as fire-alarms, fitness trackers, and sensors.
Chinese module maker DAS Solar says it aims to raise $351.7 million through an initial public offering (IPO). It will use the funds to expand its cell and module capacity.
The Italy-based solar module manufacturer said it is progressing with its previously announced transition from module manufacturer to a vertically integrated manufacturer with 12 GW of cell capacity. It also said the project to build a module factory in Italy is going through a “complicated process.”
A Dutch team in a 4×4 electric Skoda journeyed across Africa powering part of the expedition with the solar panels they brought with them.
The Hamburg-based battery energy trading software and services company has raised €3 million ($3.27 million) seed funding to expand its software-driven trading services across Europe. The capital will be used to introduce its software, dubbed Autopilot, and its trading services to new European markets.
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