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Govt Proposes To Delicence Transmission Line Setup For Bulk Consumers

The Ministry of Power has now proposed delicensing establishing, operating and maintaining transmission lines for certain segments of power consumers and electricity generators. It includes bulk power consumers, power generating firms, captive generators, or an energy storage system (ESS).  The proposal has featured in the latest Draft Electricity (Amendment) Rules 2023. The ministry has put […]

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SOFAR Futuristically Designed Factory Visited by PVO International

SOFAR, a global provider of PV and ESS solutions, was recently visited by PVO International Commercial Director Hans Ekelmans and Procurement Manager Erwin Damen at the firm’s brand-new manufacturing base in Huizhou. The first phase of SOFAR latest smart and digital factory covers an area of over 110 thousand square meters, with a total investment […]

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Assistant Vice President- Business Operations

Responsibilities:- Strategy for growth: organic growth strategies and acquisition of portfolios, joint ventures as applicable Business Partner to fund raise activities including debt and equity, diligence, Structuring and documentation. Risk Analysis for Stakeholder documents including PPAs, lease supply/EPC/Storage/ O&M Agreements Commercial assessment of Technology strategies for different PPA SLAs: and assist in technology selection of […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round

1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe.  It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […]

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Power Electronics – Firmware Developer

As a Firmware Developer for Power Electronics Products, specializing in 3-Phase UPS Systems, she/he will be responsible for developing and maintaining the UPS firmware that governs the operation of the UPS system. Her/his primary focus will be on designing, implementing, testing, and debugging firmware solutions to ensure the reliable and efficient performance of the UPS […]

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eMaaS Platform BillionElectric Forays Into India, Secures $10M in Seed Funding Round

BillionElectric, an E-Mobility as a Service (eMaaS) platform has today announced its foray into the Indian market, securing $10 million in a seed round of equity and asset lease funding. The funds raised will be strategically allocated to two key initiatives, namely, the deployment of electric tarmac buses at the Bengaluru international airport and the […]

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10,000 MW Hydro-Solar Project Starts In China’s Sichuan Province

China saw the world’s largest Hydro+solar power project, the 10,000 MW (1 million-kilowatt hydro-solar power plant) Kela Photovoltaic Power Station Phase 1 connected to the state grid in Kardze prefecture in southwest Sichuan province this week, in a bid to guarantee clean power for to the Sichuan-Chongqing region over the peak summer season. The station […]

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Solar PV Inverter Firm GoodWe Showcases Offerings at Customer Meet in Lucknow

A manufacturer and innovator of solar inverters, energy storage solutions and PV building materials for residential and business markets, GoodWe has chosen a new destination for its ongoing customer meet- ‘The City of Nawabs’ – Lucknow. The event was supported by Evervolt Green Energy Pvt Ltd. RE Targets for Lucknow Lucknow is actively embracing renewable […]

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