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Solar Power for EV Charging? Stop, Says German Bank

Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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Musashi, Delta and Toyota in JV For EV Drives

Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has entered into a joint venture with Delta Electronics, Inc. (Delta) and Toyota Tsusho Corporation (Toyota Tsusho) to sell EV drive units for two-wheeled vehicles in India. […]

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Norwegian Battery Maker Morrow Nets €100m Equity Funding

Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […]

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Cars at Golf’s Ryder Cup To Be Solar Powered For First Time

Club Car, a global leader in golf, consumer and utility vehicles, is using solar power to charge fleet vehicles on location for the first time at the Ryder Cup, the leading golf event that pits Europe Versus the US. “To be the Worldwide Supplier of one of the world’s premier sporting events for such a […]

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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Rayzon Solar Forms Joint Venture with Swiss-German Firm Luxra Group

India’s solar panel production firm, Rayzon Solar and German-Swiss that makes solar modules,  Luxra Group will be setting up a joint venture towards the production of solar modules in India. The partnership will combine Luxra’s technology and Rayzon’s expertise in operations with regards to PV panel manufacturing. The joint venture will strive for solar module […]

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Project HSSE Manager

Currently we are looking for a Project HSSE (Health, Safety, Security, and Environment) Manager in Site office Koppal in Karnataka, India to be part of our global team working together towards our vision – Improving our future.  The role of Project HSSE Manager is to assure that Scatec, project-specific and legal HSSE standards are implemented during various project phases. Main responsibilities:- Support the relevant stakeholders […]

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Electric Motorcycle Startup Raptee Pockets $3 Mn in Pre-Series A Round

EV Motorcycle Startup, Raptee has raised $3 million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from investors including Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building […]

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