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News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm

China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […]

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KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore

KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […]

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US Utility Solar Capacity Crosses 100 GW

The American Clean Power Association (ACP), in its quarterly report for the US states that 2024 has begun on a strong note with Q1 seeing U.S. utility-scale solar, wind, and storage sectors adding a combined 5,585 megawatts (MW) of new capacity.This is an increase of 28% compared to installations in the same period a year […]

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News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN

BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […]

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Amplus Commissions 73.4 MWp Open Access Solar Plant In Jhansi

Amplus, has announced the successful commissioning of its 73.4 MWp Project Lakshmi, an intra-state open-access solar plant in Jhansi, Uttar Pradesh.  Project Lakshmi marks Amplus’s third solar open-access plant in Uttar Pradesh, following the success of Project Mirza and Project Deoria. This latest milestone elevates Amplus’s operational open-access capacity in Uttar Pradesh to over 200 […]

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EU To Withdraw From Probe Into Chinese Solar Park Construction

Earlier this year, the United States (US) and European Union (EU) Commission announced launching an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation.  This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. The Chinese suppliers offered cheap turbines and generous finance which distorts […]

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US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding

US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […]

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Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant

Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […]

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Estimation – Electricals (Solar Manufacturing)

RESPONSIBILITIES:- Ensure Preparation cost estimate and its review (Civil, Mechanical , Electrical and services ) as per requirement for BU procurement activities Coordinate with Category management team / Engg/ Project team to get technical details for estimation requirements Support to Business development in providing cost estimates for bidding purpose Explore opportunities for enhancing efficiency in […]

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