Kroum Vassilev

Silicon Ranch Corporation secures US$500 million investment from AIP Management Silicon Ranch has a 3.6GW operational solar PV portfolio and a further 3.7GW under construction or under contract across 15 US states and one province in Canada. By the end of 2030, the company aims to reach 10GW of operational capacity. Kasper Hansen, CEO and managing partner at AIP, said: “Our investment supports its continued growth and reflects our confidence in businesses with strong fundamentals and the ability to drive the energy transition forward.” This investment will support the Tennessee-headquartered IPP’s growth strategy in the coming years, explained Reagan Farr, president and CEO of Silicon Ranch. Earlier this year, the company – through its Clearloop subsidiary – signed a multi-year agreement with tech giant Microsoft to deploy up to 100MW of community-focused solar PV projects in the US states of Arkansas and Louisiana. #energyinfrastructure #infrastructureinvestment #powerinfrastructure

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⚡ #Exclusive Toronto-based startup Solenery has raised $750,000 in pre-seed funding from an angel investor to scale its AI-powered platform that simplifies solar and net-zero energy adoption in Canada. The funds will support the development of core AI models, data infrastructure, product enhancements, and security improvements. Founder and CEO Arshia Jahangiri says, “We turn intention into action by cutting through weeks of complex incentives and fragmented information, making clean energy adoption straightforward for households and businesses.” The startup plans to expand its provincial reach, enhance commercial features, and bolster security measures. 📖 Full story → https://lnkd.in/ecv8CJim #Solenery #CleanEnergy #Solar #ClimateTech

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🇨🇦 𝗖𝗮𝗻𝗮𝗱𝗮 𝗡𝗲𝗲𝗱𝘀 𝗮 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 — 𝗡𝗼𝘄 𝗠𝗼𝗿𝗲 𝗧𝗵𝗮𝗻 𝗘𝘃𝗲𝗿 🚀 Lucas Matheson, MBA, CFA, CEO of Coinbase Canada, just made a bold but necessary statement: 𝘾𝙖𝙣𝙖𝙙𝙖 𝙢𝙪𝙨𝙩 𝙩𝙖𝙠𝙚 𝙖 𝙡𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥 𝙧𝙤𝙡𝙚 𝙞𝙣 𝙗𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣. In his interview with CoinDesk 📰, he highlights that while Canada ranks 3rd globally in crypto awareness 🌍 and is on track for 30% digital asset adoption by 2025 📈, our institutions and regulations aren’t keeping pace 🐌. 🔑 Key proposals include: ✅ A federal task force on crypto strategy 💵 Clear regulations for stablecoins and crypto assets 🏦 Banking access for crypto platforms 🪙 A national Bitcoin reserve strategy These aren’t radical ideas — they’re the groundwork for a future-proof economy 🔧. 💬 My take? If we want Canada to be at the forefront of the next financial revolution 🌐, we must stop reacting and start planning. The ecosystem is here. The interest is here. Now, we need leadership, clarity, and action. ⚖️ 🗣 Let’s open the floor: What would you include in a national blockchain strategy? How do we balance innovation and regulation? Full interview ➡️ https://rebrand.ly/247f30 #Blockchain #Canada #Crypto #DigitalAssets #Web3 #AssetsWaves #Innovation #Coinbase #Policy

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Recent reforms to Alberta's electricity market will hurt #RenewableEnergy, potentially increase prices and could impact investments in new power generation for years, writes The Narwhal in a wide-ranging piece that explains the restructured energy market. ⚡ #Wind and #solar farms produce cheap power, so if the rule changes do cause significant reductions in renewable investment, that could impact prices. Renewables benefit the market, Jason Wang, our electricity expert says: "They shield us from price volatility in gas markets, and if the government looked at the system comprehensively, they should see…that wind and solar reduce rates for Albertans." Learn more 👇 https://lnkd.in/gTsn3MBk

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British renewable-energy startup Octopus Energy is spinning off its utility management platform, Kraken Technologies, with a valuation of $8.65 billion. The move follows Kraken’s first standalone $1 billion equity raise, led by D1 Capital Partners L.P. and joined by Fidelity International, Durable Capital Partners LP, and the Ontario Teachers’ Pension Plan Board. Amir Orad | James Eddison 🔗 Read full article link in comment #OctopusEnergy #KrakenTechnologies #AI #EnergyTech #CleanEnergy #Utilities #TechSpinOff #EnergyInnovation #SustainableTech #SmartGrid #news

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SOLAR POWER PROJECT FINANCING As a solar project owner, it is important to understand that you don't need to wait for the Power Purchase Agreement to start the process of raising capital. The approach of waiting for the fully executed PPA has killed so many deals. Many rush for a PPA and later they fail to raise capital because the funder is not happy with certain terms and conditions in the PPA. We have decided to approach this differently. We insist to be involved after the MOU is signed between the government and the project owners so that when the draft PPA comes we have already engaged the financiers who will then go through the draft and propose their own changes. Once they have proposed those changes, the highlighted draft PPA is sent back to the government to review the changes and if the government approves the changes by the financiers then the PPA is signed with the full backing of the financiers. This approach allows for funding to come faster and the project to start swiftly. This is the approach that sets us apart, that's why our solar power projects get funded faster. The issue is not to secure a PPA but to secure a PPA that is funded before signature. This guarantees success before you even start. There are so many entrepreneurs in Africa who have PPAs yet can't get funding for over 10 years until the deal is dead. I hope those who are in the industry have learned from this.

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An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, executives told Reuters, and is seeking more philanthropic partners as richer nations cut government aid. The Global Energy Alliance for People and Planet, launched at global climate talks in 2021, has helped 30-plus countries to enhance electricity grids, set up battery storage and create jobs in the green economy. https://lnkd.in/ePiJ4Ggz

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☀️ Scaling solar energy in Armenia 🇦🇲 Armenia is expanding solar power, backed by strong solar potential and enabling policy incentives. The country aims to make solar 15% of total electricity production, doubling the share of renewables by 2030. Progress is already underway through projects like Masrik-1, one of Armenia’s largest solar facilities. Developed through a public-private partnership with financing from EBRD and IFC - International Finance Corporation, Masrik-1 is expected to generate 128 GWh of electricity per year — enough to power over 20,000 homes and avoid 54,000 tonnes of CO₂ emissions annually. A member of the NDC Partnership since 2018, Armenia has leveraged member support to map priority climate actions to achieve its climate targets, including mitigation measures in the energy sector through 2035. Masrik-1 shows how clear targets, coordinated planning and strong policies can drive real results. Learn more about Armenia’s energy transition ➡️ https://bit.ly/3Hn8tMb #Armenia #RenewableEnergy #EnergyTransition #ClimateAction #SustainableDevelopment #PublicPrivatePartnerships

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☀️ 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗕𝗿𝗶𝗲𝗳 ☀️ Canadian Solar Inc.’s Q1 2025 profit plunged 91.8% year-over-year to $6.58 million on weaker margins, despite a 9.4% rise in module shipments. e-STORAGE (Canadian Solar’s energy storage unit) hit a record 𝟵𝟭 𝗚𝗪𝗵 𝗯𝗮𝗰𝗸𝗹𝗼𝗴 ($𝟯.𝟮 𝗯𝗶𝗹𝗹𝗶𝗼𝗻), while Recurrent Energy (its energy development unit) reached a pipeline of 27 GW solar and 76 GWh storage. China Energy Engineering Group Co. Ltd. (CEEC) gets green light to raise up to CNY 15 billion via A-share issuance for major energy projects. The CMRA (China Nonferrous Metals Industry Association Recycling Metal Branch) (CNMIA) reports falling silicon and wafer prices amid weak demand and low utilization. Read more through the article in the comments 👇 #Photovoltaics #EnergyStorage #RenewableEnergy

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The solar energy sector is booming, with BloombergNEF reporting 600 GW installed worldwide in 2024 alone, making it the fastest-growing power source. This surge not only boosts stock values but also provides solar companies with the financial muscle to invest heavily in cybersecurity. As regulations tighten and technology advances, these investments will be essential to protect increasingly complex energy grids from cyber threats. With more skilled professionals entering the field and stronger safeguards put in place, the future of solar energy depends on securing its digital infrastructure to keep the lights on safely and reliably. If you are an asset manager or operator …check out-> #cyberenergia.com #dersec.io https://lnkd.in/eh7nNx_X #SolarEnergy #Cybersecurity #Renewables #EnergySecurity #TechSafety

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🔦 Company Spotlight; Rayleigh Solar Tech 🔦 Rayleigh Solar Tech, a Canadian innovator in perovskite solar technology, has recently achieved several milestones that underscore its growing influence in the renewable energy sector Significant Funding Acquisitions: In February 2022, Rayleigh secured $1.3 million from Sustainable Development Technology Canada (SDTC) to enhance and scale its perovskite solar technology. This funding supports the company's efforts to optimize its technology and expand its applications across various industries, including electric vehicles and building-integrated photovoltaics Advancements in Stability Testing: Rayleigh announced two major stability milestones: a 15cm x 15cm glass solar module exhibited zero degradation after seven months of outdoor testing, and a flexible module maintained over 80% efficiency after 1,200 hours of damp heat testing. These results are pivotal for the commercial viability of their perovskite photovoltaic products. Feature in Atlantic Business Magazine: The company was highlighted in the March/April issue of Atlantic Business Magazine, which focused on the growing solar industry in Nova Scotia. The article discussed Rayleigh's low-cost, flexible solar technology and its potential impact on renewable energy goals. Pilot Manufacturing Facility Commissioned: Rayleigh completed the commissioning of its state-of-the-art pilot manufacturing and R&D facility in Dartmouth, Nova Scotia. This facility enables the company to advance commercialization efforts while continuing to develop and refine its technology. Rayleigh Solar Tech's developments reflect its commitment to advancing perovskite solar technology and contributing to sustainable energy solutions. #BatteryTechnology #CompanySpotlight #RayleighSolar

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Solar funding declined year-over-year for venture capital, public market and debt financing, falling from $17.8 billion in the first half of 2024 to $10.8 billion in the first half of 2025, said a report from Mercom Capital Group. #SolarEnergy #USEnergy #EnergyStorage

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Octopus Energy is preparing to spin out Kraken Technologies after a $1B funding round valuing the AI-powered utilities platform at $8.65B, setting the business up for a potential public market debut by mid-2026 under CEO Amir Orad. https://lnkd.in/eq4-E5Yw #AI #EnergyTech #ClimateTech #Utilities #SaaS #StartupFunding #IPO Origin Energy D1 Capital Partners L.P. EDF E.ON

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Battery-backed solar has already won, with or without subsidies and with or without the US government trying to prop up oil and gas. Here's why: CHEAP: According to research from Wood Mackenzie (https://lnkd.in/gKsQQi6h), Solar + Storage (S+S) is already cheaper than combined-cycle gas turbines (CCGT) in Jordan and Morocco. CHEAPER: Batteries make up a significant chunk of S+S capital costs, but those costs are falling rapidly—up to 20% annually. Every year, S+S will undercut CCGT in more and more places around the world. FASTER TO MARKET: S+S systems can be built in about a year. Conventional CCGT plants take four to five years. This matters big-time in a market where we need more electricity NOW. PERFORMANT: According to Ember Energy(https://lnkd.in/g7eBgS5N), S+S systems deliver 97% of required power 24/7/365 in the sunniest locations. (And remember -- see "CHEAPER" above.) SCALABLE: According to the EIA(https://lnkd.in/gyRg8VbZ), last year California generated more energy using S+S than any other source. DRYER: Unlike CCGT plants that generate steam to spin turbines (cue Second Law of Thermodynamics), S+S plants don't need cooling water or evaporative cooling towers. PREDICTABLE OPEX: S+S systems are immune to fluctuations in natural gas prices. CLEANER: Given everything above, this is almost a footnote: S+S systems don't generate greenhouse gases in any significant quantity. From a capitalist perspective: imagine you were asked to fund a 500MW generation plant today—would you place your bets on CCGT or S+S?

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Bedford is excited to present Canadian Cleantech: Deals of the Year 2024! Now in its third year, this is Canada’s only comprehensive list of cleantech investments - showcasing the companies and capital driving the country’s low-carbon economy. From major raises by Canadian Solar Inc., FLO EV Charging, and Svante to rising stars like Planetary, GHGSAT, and Maia Farms, this year’s deals highlight a sector that’s still growing, despite global uncertainty. Key players such as BDC Capital, Export Development Canada | Exportation et développement Canada, and ArcTern Ventures made bold investments, while new climate-focused funds from Brookfield Asset Management - Asia Pacific and MKB signal a strong long-term commitment to cleantech innovation. 💡 For founders, funders, and industry leaders, this report offers a clear snapshot of where Canadian cleantech is headed - and who’s leading the way. 👉 Read the full article: https://lnkd.in/gPdNdYhJ You’ll also find standout deals from innovators like Li-Cycle, Cyclic Materials, UgoWork, Opalia, and Moment Energy. #Cleantech #DealsOfTheYear #Sustainability #Innovation #ExecSearch #Leadership #2024Recap #CanadianCleantech

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Canada’s solar market is entering a new phase of growth. From 6.4 GW in 2022 to a projected 14.3 GW by 2033, the country’s installed capacity is set to more than double in just over a decade. That’s a clear signal that solar energy is no longer a side player—it’s becoming a core pillar of Canada’s renewable mix. Driven by strong provincial incentives, falling technology costs, and increasing demand for sustainable power, Canada is catching up fast with global solar leaders. Provinces like Alberta, Saskatchewan, and Ontario are leading new installations, supported by favorable regulations and local clean-energy targets. The residential and commercial markets are also heating up, as more Canadians turn to solar to reduce energy costs and carbon footprints. And with bifacial and n-type technologies improving generation efficiency even in colder climates, solar is proving its strength across the country. At Thornova Solar, we’re proud to help accelerate this transition with: ✨ Bifacial n-type modules delivering up to 23.4% efficiency 🛠️ Double-glass frames for long-lasting performance in harsh environments 🔥 Low thermal coefficient, ensuring power stability throughout Canada’s seasonal extremes The future of energy in Canada is bright—and solar is leading the way. 👉 Explore THORNOVA Solutions: www.thornovasolar.com #SolarEnergy #RenewableEnergy #CleanEnergy #CanadaSolar #BifacialModules #Sustainability #UtilityScaleSolar #EnergyTransition #SolarGrowth

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