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Management Trainee – Techno Commercial

Purpose: Manage sourcing and purchase of the specified spend category, develop and sustain vendor relationships and negotiate best price points, thereby meeting specifications of quality, timelines within the stipulated budgetary requirements. Key Responsibilities: Core Procurement: Purchase Requisition (PR) Review 1. Assist in the review of approved PR from user department; seek additional information if required […]

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Vestas Ventures Invests in Wood Technology Startup Modvion

Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chain Vestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing carbon emissions from our value chain. The investment sees Vestas becoming […]

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Tesla to Open EV Production Plant in Bengaluru: Karnataka CM

Karnataka Chief Minister B S Yediyurappa has announced that US-based electric vehicle (EV) and clean energy company Tesla will set up its production unit in Bengaluru, Karnataka. “American car company Tesla will set up its electric car division in Karnataka,” Yediyurappa said in a statement. A report said, that Tesla registered in the name of […]

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Sunnova Expands its Solar and Storage Services to Washington, D.C.

Sunnova Energy International Inc., one of the leading U.S. residential solar and storage service providers, announced today it will begin offering its services to the District of Columbia. Homeowners in D.C. will now have access to all of Sunnova’s loan products, including the flagship solar-only system, Sunnova SunSafe® solar + battery storage service, and +SunSafe® add-on battery service. […]

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Ørsted, PGE Form JV for 2.5 GW Offshore Wind Projects in Baltic Sea

Ørsted and PGE will form a 50/50 JV for the development and operation of two offshore wind projects in the Baltic Sea worth 2.5 GW. Ørsted and PGE Polska Grupa Energetyczna (PGE) have signed an agreement to form a 50/50 joint venture (JV) for the development, construction and operation of two offshore wind projects in […]

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Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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EV Startup PiBeam Electric Launches First Utility Electric Two-Wheeler, ‘PiMo’

PiBeam Electric, an IIT Madras incubated electric vehicle (EV) startup has yesterday launched its first sustainable, uniquely designed, and affordably-priced electric two-wheeler (E2W) ‘PiMo’. This e-bike can be used for both personal and commercial needs. The company claims that PiMo is India’s first urban utility EV, with a 50 Km Range at a speed of […]

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The 2021 Roadmap For Solar

With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […]

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EV Manufacturer Rivian Sets Sights for IPO This Year

Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter.  The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […]

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