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Solar Rental Marketplace OTOVO Raises €40mn Funding

Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […]

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SMA Solar Profits From The Sun, Order Book At €2 billion On September 30

German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […]

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Battery Management Firm Element Energy Raises $111 Million

US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […]

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Berkeley, DOE Produce Database To Map Solar PV Facilities

Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […]

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HPERC Approves Generic Levelized Tariff Of Solar Power At Rs 3.65/unit

The Himachal Pradesh Electricity Regulatory Commission (HPERC) in its order has fixed the generic levelized tariff of solar energy projects at Rs 3.65 per unit for projects upto 100 MW. It also decided to fix the the tariff for projects between 100 MW to 500 MW at Rs 3.62 per unit. The rates were finalized […]

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Jr. Engineer – Heat Treatment

As a team will discuss the problems and arrive the root cause by using problem solving tools (8D,A3, Why why analysis) Adherence to Quality Management System, Work Instruction and Business Process Mapping etc. Responsible for attending the breakdowns and carryout preventive maintenance and condition monitoring of the machines Responsible to identify, close the preventive maintenance […]

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Sri Lanka Releases Tender for 70 MW Solar Projects

Sri Lanka-government owned Ceylon Electricity Board (CEB) has issued a tender for the development of ground-mount solar projects for a cumulative capacity of 70 MW. The projects under the Sri Lanka tender will range from a capacity of 1 MW to 5 MW. The last date for the submission of Sri Lanka tender for 70 […]

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Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth

Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […]

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Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects

Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives.  Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […]

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