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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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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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Hospitality Industry Welcomes Customizable EV by Speedways Electric

Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […]

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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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Snap-E Cabs Expands Fleet to 600 Cars with New Collaborations 

Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has announced collaborations with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI and HDFC finance to strengthen its fleet of eco-friendly cabs in Kolkata. These strategic alliances are in line with Snap-E Cabs expansion plans for FY ’24, aiming at entry into newer markets […]

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35 PV+Battery Hybrid Plants Achieved Commercial Operations in US in 2022: Berkeley Lab

Berkeley Lab has released a report on “Utility-Scale Solar, 2023′ presenting an analysis of empirical plant-level data from the U.S. fleet of ground-mounted photovoltaic (PV), PV+battery, and concentrating solar-thermal power (CSP) plants. The report shares details on the capacities exceeding 5 MWAC or of 5 MWAC or less, which also includes residential rooftop systems. Trends […]

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Adani Green Energy Subsidiary Commissions 150 MW Solar Project in Jaisalmer

Adani Solar Energy Jaisalmer Two Private Limited, a wholly-owned stepdown subsidiary of Adani Green Energy Limited (AGEL) has progressively completed the commissioning of the entire 150 MW solar power project at Bikaner, Rajasthan as an Independent Power Producer (IPP) for sale of power to third parties or on power exchanges. The firm has a series […]

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Growatt Showcases Full Range Of Smart Energy Solutions at REI 2023

Growatt, a leading distributed energy solution provider, showcased its comprehensive ‘solar, storage and EV charging’ solutions for residential, C&I, utility applications during the REI Expo 2023. According to the firm, the offerings were aligned with Indian market trends and customers’ needs. PV Inverters Growatt presented its smart string PV inverters with a wide range of […]

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