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Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000

Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […]

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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing

Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […]

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TCIL Issues Tender for 26 MW Solar Projects at Oman Airports

Telecommunications Consultants India Ltd. (TCIL), an engineering and consultancy firm and a wholly owned Government of India public sector enterprise under the administrative control of the Department of Telecommunications (DOT), Ministry of Communications, has invited bids from eligible parties to establish a pre-tender tie-up for significant solar projects in Oman. The tender invites bids for […]

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EU Augments Overall Energy Consumption Target to 42.5% by 2030

The European Council recently adopted the new Renewables Energy Directive that will raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45%. The directive has been formally adopted. Member states will have 18 months after the […]

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Sofar Set To Expand In C&I and Utility-Scale Projects: Sunil Tiku, Sofar

Sofar Solar, which entered the Indian market six years back with its inverters, is now diversifying its products and reach. The firm, which initially tried to penetrate the residential market and focussed more on Original Design Manufacturer (ODM) partnerships, is now trying to make inroads into the country’s Commercial and Industrial (C&I) and utility-scale projects.  […]

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RecycleKaro Partners with Bajaj Auto for EV Battery Recycling Solutions

RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto, a key player in the automotive manufacturer space, for the recycling of lithium ion batteries. Under this partnership, Recyclekaro will employ its cutting-edge Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles. Hydrometallurgy technology The innovative Hydrometallurgy technology […]

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PV Engineer

Evaluation of various climate data sources and preparation of energy yield simulations (PVsyst) to provide key project performance indicators for commercial project optimization and transaction services Leading / participating in site visits during various project phases to identity buildable area, optimize layout design, identify infrastructure crossings, support onsite team, and prepare site assessment reports. Preparation […]

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