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storage solution

GoodWe Collaborates with Skill Council For Green Jobs To Impart Solar Training

GoodWe, the global PV inverters and energy storage solution firm got its Solar Academy team that focuses on sharing knowledge of PV applications, to collaborate with the Skill Council for Green Jobs to support the skilling requirements in the PV sector. Titled “Advanced SPV System Design optimization& Criteria for Component Selection”, the course was aligned […]

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Battery Maker EnerVenue Raises $100 M in Series A Funding

US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […]

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A PLI Scheme For Inverters Could be a Game Changer for India

For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […]

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“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter

Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […]

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NZ’s Infratil To Invest in Renewable Platform In Singapore

New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […]

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Ayana Renewable, Greenstat Hydrogen Sign MOU For Hydrogen Development In India

Ayana Renewable Power, a renewable energy platform majority controlled by National Investment and Infrastructure Fund (NIIF), focuses on development of utility scale renewable projects in India. Ayana’s vision is to be the lowest cost renewable energy producer which utilizes technology to maximize value creation. Ayana and Greenstat Hydrogen India, a Norwegian energy organization, recently signed […]

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Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu

Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […]

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Ready For High Tide At Jakson Group

At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […]

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US Distributed Energy Major Nexamp Closes $680 million Fund Raise

Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […]

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