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News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, Indias green-only NBFC backed by Eversource Capital and committed to financing Indias green transition has announced a partnership with  Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofys digital lending expertise with SWELECTs manufacturing and []

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2024: US Clean Energy Investment Announcements Rose To $1tn

United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments []

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Assistant Manager-Service & Maintenance

Responsibilities:-  New client acquisition and Managing service business (AMC, O&M, of HVAC, Electrical, IBMS, F&F, Plumbing etc.) for territories under HYDERBAD / COCHIN / TRIVANDRUM. Ensuring Retention of at least 90%+ of existing contracts on expiry. Scanning different sources in market for leads on O&M and AMC Business. Generation of enquiries for AMC / O&M of []

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5 PPA Models Shaping Renewable Energy Procurement in US & Europe

As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA []

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Mahindra Launches Its Flagship Electric SUVs XEV 9e & BE 6e

Automobile maker Mahindra has launched its flagship Electric Origin SUVs, the BE 6e and XEV 9e. The firm said that they are built on an electric-origin architecture INGLO and are powered by MAIA. The company claimed to launch BE 6e at Rs 18.90 lakh and XEV 9e at Rs 21.90 lakh. The introductory prices of []

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Deputy General Manager-Sales & Marketing

The role of Sales in the Transmission and Distribution (T&D) business is a key leadership position responsible for driving revenue growth, developing sales strategies, and managing the sales team. Sales Strategy and Planning:- Strategic Planning: Develop and implement a comprehensive sales strategy aligned with the companys overall business objectives. Market Analysis: Conduct market research to []

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NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects

NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, []

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Cheap Solar and Expensive Power- Pakistans Sobering Experience So far

Readers will be aware that we have occasionally tracked the growth of solar in Pakistan here. What has been interesting is the fact that the country, while performing poorly at an institutional level, has seen the kind of solar boom that would rival almost any country elsewhere over the past year and more. Reports claim []

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Top 5: Largest Solar Projects in the Middle East Region

The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now []

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