Daily Press
United Kingdom-based Lightsource BP has added another feather to its solar development portfolio following the acquisition of a project from Iberia Solar. It has been speculated that the companies, Iberia and Lightsource, are expected to unite to bring the pipeline to a ‘ready to build’ status, which the energy company will further take over to commence the construction in 2022.
Reports have it that Lightsource BP is currently revamping its presence in the solar sector in t
Masdar, an Abu Dhabi Future Energy Company, has reportedly announced acquiring a 50% stake in a 1.6 gigawatts clean-energy portfolio of projects in the United States from EDF Renewables. Speculations have it that the two companies had in the previous year agreed to collaborate in eight renewable energy projects, including the five solar PV projects in California with an overall capacity of 689 MW, and three utility-scale wind ventures in Texas and Nebraska accounting for 815 megawatts.
One of the leading headless e-commerce platforms in the United States, Fabric has reportedly announced generating USD 43 million in a Series A funding round led by Norwest Venture Partners. The investment is expected to escalate product development of the company’s e-commerce platform, while simultaneously expanding the Fabric team and addressing the mounting demand for its e-commerce technology.
Apart from accelerating the platform development, the latest funding round would als
U.S .President Joe Biden has recently signed the final contract for an additional 100 million Pfizer and 100 million Moderna COVID-19 vaccines. In his address to the National Institutes of Health, President Biden said that t
Madrid-based Lang.ai that develops no-code platform for businesses has reportedly raised USD 2 million in its latest seed funding round. For the record, the round was led by Village Global and saw participation from Ocean Ventures, 2.12 Angels, Alumni Ventures Group, Lorimer Ventures, GTMFund, and Acceleprise.
Incorporated in the year 2018, Lang.ai was established to give any business user the ability to develop enterprise-ready language processing models in a short time. The firm&rsqu
Indian online bike taxi aggregator and logistics service provider, Rapido has recently introduced hourly bike rental services in cities like Hyderabad, Bengaluru, Delhi- NCR, Kolkata, Chennai, and Jaipur due to the changing needs of consumers amidst the coronavirus outbreak.
For the record, the company will provide fixed rate-services starting INR 99 per hour for up to six hours. This will allow riders to complete their tasks on a single trip, containing the exposure to multiple driver
Isotropic Systems, a leading developer of transformational broadband terminal technologies in London, has recently announced securing funds of USD 40 million from the UK Government and industry leaders in telecommunication and aerospace sector. As per reliable reports, the funding would help the company gain necessary capital to develop its revolutionary multi-beam antennas.
Speculations have it that SES led the funding round along with participation from Boeing HorizonX Global Venture
A 50-50 joint venture between Australia’s GIG (Green Investment Group) and the French petroleum refining giant- Total has successfully obtained the rights to the seabed lease in the Eastern zone in the Round 4 of Offshore Wind Leasing of Crown Estate.
Notably, the project is likely to be located in the East Angilan coast of the UK and can deliver nearly 1.5 GW of renewable electricity. This marks a significant investment in the offshore wind sector for organizations in the UK.
Yellow Door Energy- a solar energy company based in Dubai, has reportedly raised USD 31.2 million in funds to facilitate the construction and operation of eight solar PV plants across Jordan. For the record, the loan has been extended by the European Bank for Reconstruction and Development and DEG to construct and operate eight plants in Jordan.
In a statement by Yellow Door Energy, the funding has been bifurcated into three parts, with USD 10.6 million being offered in local currency,