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Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff

In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The []

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Swedish Battery Developer Northvolt Produces its 1st Li-ion Cell

Northvolt, a Swedish battery developer and manufacturer that specializes in lithium-ion technology for electric vehicles, recently commissioned its Northvolt Ett gigafactory in northern Sweden, leading to the assembly of its first li-ion battery cell. Marking a new chapter in European industrial history, the cell is the first to have been fully designed, developed and assembled at a []

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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common []

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Bluetti Unveils Worlds 1st Sodium-Ion Solar Generator

Solar equipment manufacturer Bluetti announced the worlds first sodium-ion solar generator NA300 and its compatible battery module B480 on its social media handle last month. Sodium-ion batteries have become a cynosure as an alternative to their lithium-ion counterparts in many industries due to their high abundance and low costs, states the company. The []

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Senior Engineer Electrical

Principal Duties and Responsibilities:- Design (Concept, FEED and Detail Design) of Transmission and Distribution Systems upto 400kV for Utility Companies based on International standards for, UK, Europe, Middle East and South East Asia regions. Experience in Design of HV/LV Distribution systems for Oil & Gas Sector , Thermal , Hydropower generation Sector will []

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Project Engineer_LCS_System Enhancement

This is a Project Engineer ( LCS System Enhancement) role, reporting to the Engineering Manager in Business Area Industrial Automation (INOPC IA) located in Bangalore. You will be responsible for Designing authority for an engineering discipline with low to medium complexity. Completing assignments on small projects or portions of larger projects, cost-effectively and []

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Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry

In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited []

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RE Push in U.S. Drives Up Solar Jobs: 3 lakh New Posts During Oct-Nov

The US solar industry is proving to be one of the hottest hiring sectors, thanks to an increased national focus on green energy driving up renewable jobs. According to a new analysis by Washington-based staffing and recruiting solutions provider PeopleReadys skilled trades division, 305,000 solar jobs were posted between October and November, with roughly 230,000 []

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Sungrow In 430 MWh ESS Deal In Israel

Sungrow, whose energy storage solutions have emerged in a big way ion the past few years, has signed a deal with Enlight Renewable Energy, an Israeli traded Developer and IPP for a 430 MWh project. Under the agreement,  Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS). The []

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