Energy Efficiency

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EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round

Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office...

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Hindalco’s Renewable Energy Capacity Up 60% in FY 2023-24

Hindalco Industries, the metals flagship company of the Aditya Birla Group, is increasingly using renewable energy to power its operations. Its installed renewable...

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India to Expand Power Transmission Network to Meet 458 GW Demand by 2032

The Ministry of Power has targeted expanding India’s power transmission network to 648,000 circuit kilometers (ckm) in 2032 from 485,000 ckm in 2024. The plan is...

September 25, 2024

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Tina Freese

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Energy Efficiency

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Renewable Energy
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ReNew Signs 437 MW Green Attribute Sale Contract with Microsoft

Renewable energy company ReNew has signed a green attribute sale contract of 437.6 MW with Microsoft. The contract is for over one million units of green electricity...

August 29, 2024

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Staff

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Energy Efficiency

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Press Releases
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MERC Allows Solar Developer’s BCD Compensation Claims

The Maharashtra Electricity Regulatory Commission (MERC) has ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to compensate a developer for the...

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SunPower Enters Bankruptcy, Sells $45 Million Assets to Complete Solaria

SunPower, a U.S.-based residential solar technology and energy services provider, announced that it has entered into an asset purchase agreement (APA) with Complete...

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Power-Hungry Data Centers Drive Demand for Renewable Energy in India

With over 880 million internet users and a thriving tech sector, India’s data center industry has seen explosive growth in recent years and is poised to accelerate...

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Bloom Energy Records $357 Million in Q4 Revenue, a 22.8% YoY Decline

Fuel cell manufacturer Bloom Energy, in the fourth quarter (Q4) of 2023, recorded a revenue of $357 million, marking a 22.8% year-over-year (YoY) decline from $462.6...

February 19, 2024

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Gautamee Hazarika

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Energy Efficiency

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Markets & Policy
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Novel Liquid Crystals Yield 22% Efficiency in Large-Scale Perovskite Solar Modules

Researchers at Northwestern University have found that large-scale perovskite films, commonly used in solar technology, can be protected by liquid crystals that can...

February 5, 2024

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Staff

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Energy Efficiency

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Technology
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Fuel Cell Manufacturer Bloom Energy Reports 39% Surge in Q3 Revenues

Fuel cell manufacturer Bloom Energy announced that its total revenue at the end of the third quarter (Q3) of 2023 climbed to $400.3 million, registering a 39% increase...

November 10, 2023

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Staff

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Energy Efficiency

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Markets & Policy
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US Grid-Scale Energy Storage Installations Drop by 33% in Q1 2023

The energy storage market in the U.S., including grid-scale, residential and community, commercial, and industrial segments, experienced a 26% decline in the first...

June 15, 2023

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Gautamee Hazarika

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Energy Efficiency

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Energy Storage

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Market & Policy
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Tesla to Build a New Battery Manufacturing Facility in Shanghai

Electric vehicle maker Tesla said it will build a new gigafactory in Shanghai, exclusively focused on producing the firm’s energy storage product Megapack. The...

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Karnataka Tops State Energy Efficiency Index 2021-22

Karnataka topped the State Energy Efficiency Index (SEEI) for the second year running with an overall score of 82.5 points out of 100 on impactful measures taken in...

April 11, 2023

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Gourav Mishra

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Energy Efficiency

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Other

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Renewable Energy
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EV Startup FreshBus Raises ₹260 Million Seed Investment from ixigo

Bengaluru-based electric vehicle startup FreshBus has secured ₹260 million (~$3 million) in seed funding from ixigo, an AI-based travel app, for the launch of inter-city...

February 17, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Efficiency

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Finance and M&A
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India Discovers Lithium Reserves for the First Time in Jammu & Kashmir

The government has announced the discovery of 5.9 million tons of lithium reserves for the first time in the country in the Reasi district of Jammu & Kashmir....

February 10, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Efficiency

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Renewable Energy

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