Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Clean Electric raised $2.2 million in a seed round led by a Bengaluru-based early-stage venture capital firm Kalaari Capital, to produce 5,000 electric vehicles (EV) battery packs monthly from a ...
Solid Power Posts Loss of $12.4 Million in Q3 As Operating Expenses Soar

Solid Power Posts Loss of $12.4 Million in Q3 As Operating Expenses Soar

Solid Power, Inc., a U.S.-based developer of all-solid-state battery cells for electric vehicles (EVs), reported a net loss of $12.4 million for the third quarter (Q3) 2022, a 46% increase ...
/ / Other, Renewable Energy
Smart Energy Storage Company Stem’s Q3 Revenue Up 150% On Higher Hardware Sales

Smart Energy Storage Company Stem’s Q3 Revenue Up 150% On Higher Hardware Sales

Smart energy storage company Stem reported revenue of $100 million in Q3 FY 2022, a jump of 150% year-over-year (YoY) primarily due to higher hardware sales from Front-of-the-Meter (FTM) and ...
/ / Other, Renewable Energy
EV Startup Esmito Raises $100 Million to Expand Battery Swapping Solutions

EV Startup Esmito Raises ₹100 Million to Expand Battery Swapping Solutions

Esmito, an IIT Madras incubated electric vehicle (EV) startup, has raised ₹100 million (~$1.25 million) in a seed round led by Mumbai-based early-stage investor Unicorn India Ventures. The funds raised ...
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

EV Charging Infrastructure Company TeraWatt Raises $1 Billion

California-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by Vision ...
EV Charging Solutions Provider goEgoNetwork Raises ₹600 Million in Series A Funding

EV Charging Solutions Provider goEgoNetwork Raises ₹600 Million in Series A Funding

Pune-based provider of electric vehicle (EV) charging solutions goEgoNetwork raised approximately ₹600 million (~$7.53 million) in Series A equity funding to develop and install the Fast DC Charging Station product ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up: SUN Mobility to Deploy 2,000 Battery Swapping Points in Maharashtra

Daily News Wrap-Up: SUN Mobility to Deploy 2,000 Battery Swapping Points in Maharashtra

Here are some noteworthy cleantech announcements of the day from around the world: SUN Mobility, an electric vehicle (EV) infrastructure and services company, announced the launch of its battery-swapping network ...
BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart, an electric ride-hailing platform, announced a Series A1 round closing to raise $25 million. This was a follow-up to the Series A round in September last year, bringing the ...
Daily News Wrap-Up: SJVN Achieves Financial Closure for a 70 MW Solar Project

Daily News Wrap-Up: SJVN Achieves Financial Closure for a 70 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: SJVN announced the financial closure of the 70 MW Bagodara Solar Power project in Gujarat by allocating ...
Daily News Wrap-Up: GE to Build Substations for ReNew Power’s Wind Projects

Daily News Wrap-Up: GE to Build Substations for ReNew Power’s Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: GE's Grid Solutions business announced that it had been awarded a contract by ReNew Power to build ...
/ / Other, Renewable Energy
EV Company Ultraviolette Acquires Connected Vehicle Technology Start-up Triloki

EV Company Ultraviolette Acquires Connected Vehicle Technology Start-up Triloki

Ultraviolette, an electric vehicle (EV) and infrastructure company, announced the acquisition of Triloki Smart Systems, a connected vehicle technology start-up, in a push towards scaling its automotive intelligence platform across ...
/ / Finance and M&A, Other
Daily News Wrap-Up: L&T Bags Orders to Construct 280 MW of Solar Projects

Daily News Wrap-Up: L&T Bags Orders to Construct 280 MW of Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Larsen & Toubro (L&T), through its power transmission and distribution business, bagged orders to construct a 245 ...
/ / Other, Renewable Energy
IIT Delhi Researchers Develop Portable Solar Tracking Towers

IIT Delhi Researchers Develop Portable Solar Tracking Towers

Researchers at the Indian Institute of Technology – Delhi (IITD) have developed portable solar photovoltaic (PV) tracking towers of 3 kW and 5 kW capacity. The towers are meant to save space ...
/ / Solar, Technology
Daily News Wrap-Up: Oil Marketing Companies to Install 22,000 EV Charging Stations

Daily News Wrap-Up: Oil Marketing Companies to Install 22,000 EV Charging Stations

Here are some noteworthy cleantech announcements of the day from around the world: In line with the Ministry of Power’s recently revised the consolidated guidelines and standards for electric vehicles ...
/ / Other, Renewable Energy
Daily News Wrap-Up Enel to Set Up a 1 GW Solar Tracker Manufacturing Facility in Italy

Daily News Wrap-Up: Enel to Set Up a 1 GW Solar Tracker Manufacturing Facility in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Enel, an Italian gas and power utility company, and Comal, a photovoltaic projects developer, have signed an agreement to ...
/ / Other, Renewable Energy
Daily News Wrap-Up IREDA’s Revenue Target ₹27.49 Billion From Lending to Renewables

Daily News Wrap-Up: IREDA’s Revenue Target ₹27.49 Billion From Lending to Renewables

Here are some noteworthy cleantech announcements of the day from around the world: Indian Renewable Energy Development Agency (IREDA) signed a memorandum of understanding (MoU) with the Ministry of New ...
/ / Other, Renewable Energy
Bahrain Floats Tenders for 7.5 MW of Rooftop Solar Systems and EV Charging Stations

Bahrain Floats Tenders for 7.5 MW of Rooftop Solar Systems and EV Charging Stations 

Bahrain has issued two tenders to develop 7.5 MW of grid-connected rooftop solar systems on government buildings and car parks.  5 MW of rooftop solar tender  The Ministry of Education ...
/ / Solar, Tenders & Auctions
India’s Transition to a Net-Zero Economy Offers $15 Trillion Investment Opportunity

India’s Transition to a Net-Zero Economy Offers $15 Trillion Investment Opportunity

India’s transition towards a net-zero economy can contribute over $1 trillion by 2030 and $15 trillion by 2070 in economic impact, the World Economic Forum (WEF) has said in a ...
/ / Other, Renewable Energy
Tata Power to Jointly Develop 41 MW of Solar Projects With Tata Steel in Jharkhand and Odisha

Tata Power to Jointly Develop 41 MW of Solar Projects With Tata Steel in Jharkhand and Odisha

Tata Power and Tata Steel have joined hands to develop grid-connected solar projects in Jharkhand and Odisha. The companies have signed a 25-year power purchase agreement to develop 41 MW solar projects, including ...
/ / Commercial, Solar
Daily News Wrap-up: Sunnova, ChargePoint to Offer Solar with EV Charging for Homeowners

Daily News Wrap-up: Sunnova, ChargePoint to Offer Solar with EV Charging for Homeowners

Here are some noteworthy cleantech announcements of the day from around the world: Sunnova Energy International, a U.S.-based residential solar and storage service provider, has partnered with ChargePoint, an electric ...
/ / Other, Renewable Energy
Ford, SK Innovation to Invest $11 Billion to Build Mega EV and Battery Facilities

Ford, SK Innovation to Invest $11 Billion to Build Mega EV and Battery Facilities

Ford Motor Company and SK Innovation plan to invest $11.4 billion to develop electric vehicle and battery manufacturing facilities in the United States. The companies will form a new joint venture called BlueOvalSK ...
/ / Energy Storage, Technology
Electric Mobility Platform REVOS Raises $4 Million in Series A Funding

Electric Mobility Platform REVOS Raises $4 Million in Series A Funding

Bangalore-based electric vehicle (EV) infrastructure startup REVOS has received $4 million in Series A funding. With this, the company has raised $4.5 million in funding to date. Union Square Ventures and Prime ...
/ / Electric Vehicles, Grid
E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

Israel-based e-mobility company REE Automotive announced that its REEcorner technology had secured $17 million in funding from the United Kingdom government as part of a $57 million investment coordinated through the Advanced ...
/ / Finance and M&A, Other
EV charging tariff at premises excluding charging stations to remain the same as applicable for the relevant category of connection at the same premises

Power Supply Relaxations in Haryana for EV Charging at Consumer Premises

The Haryana Electricity Regulatory Commission (HERC) has approved the distribution company (DISCOM) Uttar Haryana Bijli Vitran Nigam's (UHBVNL) petition seeking relaxation for supplying electricity for electric vehicle (EV) charging at ...
/ / Electric Vehicles, Grid
Demand Incentives of ₹2.54 Billion Provided to Deploy 85,626 Electric Vehicles

Demand Incentives of ₹2.54 Billion Provided to Deploy 85,626 Electric Vehicles

The Union Minister Krishan Pal Gurjar, responding to a question in the Lok Sabha, stated that the government has supported the deployment of 85,626 electric vehicles (EVs) through demand incentives ...
/ / Electric Vehicles, Grid