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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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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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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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RecycleKaro Partners with Bajaj Auto for EV Battery Recycling Solutions

RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto, a key player in the automotive manufacturer space, for the recycling of lithium ion batteries. Under this partnership, Recyclekaro will employ its cutting-edge Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles. Hydrometallurgy technology The innovative Hydrometallurgy technology […]

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PV Engineer

Evaluation of various climate data sources and preparation of energy yield simulations (PVsyst) to provide key project performance indicators for commercial project optimization and transaction services Leading / participating in site visits during various project phases to identity buildable area, optimize layout design, identify infrastructure crossings, support onsite team, and prepare site assessment reports. Preparation […]

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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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Bridgestone India & Tata Power to Install EV Chargers Across India

Automotive products firm Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power will be responsible for installing DC fast chargers of capacity 25/30 Kwh that are capable of charging a […]

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