Author Archives: Vijayalakshmi Sridhar

About Vijayalakshmi Sridhar

Vijayalakshmi is a staff reporter at MercomIndia.com. She has two decades of experience as an independent journalist and features writer, and her work is featured across various publications and genres such as business, food, and clean energy. More articles from Vijayalakshmi.

vijaya@mercomindia.com

@sridharviji

Technology to Turn Old Solar Panels Into Heat-Harvesting Thermoelectric Materials

Technology to Turn Old Solar Panels Into Heat-Harvesting Thermoelectric Materials

A team of scientists from the Agency for Science, Technology, and Research (A*STAR) and Nanyang Technological University, Singapore (NTU Singapore) has developed technology that can turn old solar panels into ...
EV Logistics Platform EVIFY Raises $100,000 in a Seed Funding Round

EV Logistics Platform EVIFY Raises $100,000 in a Seed Funding Round

Surat-based Electric Vehicle (EV) startup, EVIFY Logitech, has raised $100,000 in a seed round from angel investors, including We Founder Circle. The company provides a technology-enabled EV logistics platform and ...
Investment Platform PYSE Launches First Fractionally-owned Solar Project in Karnataka

Investment Platform PYSE Launches First Fractionally-owned Solar Project in Karnataka

Bengaluru-based PYSE, a retail investment platform for sustainable projects, has launched India's first fractionally-owned solar power project in Karnataka. The 5 MW open access solar project in Chitradurga will be ...
Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

The Bangladesh government and the World Bank have signed a $515 million financing agreement for the country's Electricity Distribution Modernization Program that will support the digitization and modernization of 25 ...
Tech Startup Turno Raises $3.1 Million to Enhance EV Battery Life Cycle

Tech Startup Turno Raises $3.1 Million to Enhance EV Battery Life Cycle

Turno, a startup providing technology-based solutions for commercial electric vehicle (EV) buyers, has raised $3.1 million in an equity funding round led by Stellaris Venture Partners and Avaana Capital. The ...
World Bank Approves $165 Million Funding for Residential Rooftop Solar Projects in India

World Bank Approves $165 Million Funding for Residential Rooftop Solar Projects in India

The World Bank has approved $165 million in additional financing to accelerate the adoption of rooftop solar by residential consumers by making it more affordable. The financing, which includes a ...
/ / Rooftop, Solar
Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

Gurugram-based Battery Smart, a battery-swapping network for electric two and three-wheelers, announced the closing of a Series A round funding of $25 million led by Tiger Global. The company plans ...
EnBW to Acquire 800 MW of Solar Projects from Procon in Germany

EnBW to Acquire 800 MW of Solar Projects from Procon in Germany

German electric utility EnBW has agreed to acquire 400 MW of solar projects in Brandenburg from Procon Solar. The agreement includes an option for EnBW to acquire a further 400 ...
UAE's Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake in Abu Dhabi Future Energy ...
Second-Life Battery Energy Storage Company Secures $18 Million in Funding

Second-Life Battery Energy Storage Company Secures $18 Million in Funding

The Hinduja Group, along with Caterpillar Venture Capital, Mercuria, Our Crowd, and Volvo Energy, is investing £15 million (~$18.45 million) in Connected Energy, a second-life battery energy storage company. The ...
UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars

UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars

The UK government is closing the plug-in grant program after successfully kickstarting the country’s electric car revolution and supporting the sale of half a million electric cars. in 2011 to ...
Mumbai Airport Launches Wind-Solar Hybrid Power Generation for Captive Use

Mumbai Airport Launches Wind-Solar Hybrid Power Generation for Captive Use

Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has launched a pilot project to install a wind-solar hybrid system to generate renewable power for captive use. This initiative is expected ...
SECI Releases ₹6.86 Billion for Solar and Wind Power Procured in May 2022

SECI Releases ₹6.86 Billion for Solar and Wind Power Procured in May 2022

The Solar Energy Corporation of India (SECI) disbursed ₹6.86 billion (~$87.9 million) to solar and wind power generators for the power purchased in May 2022. The disbursed amount accounted for ...
GE Acquires 49% Stake in Continuum’s 148.5 MW Onshore Wind Project in Gujarat

GE Acquires 49% Stake in Continuum’s 148.5 MW Onshore Wind Project in Gujarat

US-based multinational conglomerate General Electric (GE) and Continuum Green Energy (India), a renewable energy project developer, announced the financial close of GE Energy Financial Services’ acquisition of a 49% stake ...
DOE Announces First Loan Guarantee for a Clean Energy Storage Project in Eight Years

DOE Announces First Loan Guarantee for a Clean Energy Storage Project in Eight Years

The Loans Programs Office (LPO) of the United States Department Of Energy (DoE)  has closed a $504.4 million loan guarantee for an Advanced Clean Energy Storage (ACES) project in Utah ...
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