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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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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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Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal

In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […]

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MT- MA&AS – Renewable

Planning:- Detail engagement scope and procedures for respective units/ domains leveraging  understanding of the business Document audit checklist and work execution program document in consultation with the respective BU audit lead Conduct process walkthrough and develop comprehensive understanding of auditee systems and processes Work in collaboration with analytics executives and provide them necessary data points […]

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Key Points of Inverter Selection in BIPV Project

Background The organic combination of PV system and buildings makes it fashionable and practical to create green buildings that meet key climate objectives too. These Building Integrated Photo Voltaic or BIPV systems are gaining in popularity with responsible corporates, as they help deliver key objectives of green energy, conservation, and sustainability for new constructions and […]

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ARENA Grants $100 M to Support Grid Scale Batteries

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced a $100 million competitive funding round for grid scale batteries equipped with advanced inverters to support the grid. ARENA’s Large Scale Battery Storage Funding Round will provide up to $100 million in funding to new battery energy storage projects of 70 […]

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Axitec Launches 540W Module For India, Focus on Large Projects

AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […]

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New EU Rules On Energy Projects Focus on Flexibility, Climate Change

The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG).  to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […]

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Construction of World’s Largest Green Industrial Park Kicks off in Indonesia

Indonesia has begun the construction of what is being hailed as the world’s largest green industrial park in Bulungan district on the country’s second-largest island of Kalimantan. “We hope that this will be the largest green industrial park in the world, not only in North Kalimantan, not only in Indonesia, but in the world,” Indonesian […]

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