Home » Daily Newsletter » Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries
To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a "Letter of Award" (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and...
Indore Municipal Corp (IMC) has floated a 60 MW engineering, procurement, and construction (EPC) tender for a solar power project at Samraj and Ashukhedi villages in Madhya Pradesh. The last date for submitting a bid is October 28, 2022, & the bid will be opened...
Gujarat State Electricity Corporation Ltd (GSECL) has awarded an 14 MW of solar EPC contract to Ahmedabad- based solar EPC company Prozeal Infra. The projected bid value for this EPC LOA was 82.23 Cr. Design, engineering, supply, procurement, construction, testing, and commissioning will be handled...
Yvon Chouinard, an American Billionaire and founder of outdoor clothing and gear retailer Patagonia has been in the news for giving away his fortune. Chouinard gave away all the stock, and ownership in the company to a Trust and a nonprofit in September 2022. With...
Global Agri solutions firm UPL Limited has announced a joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with...
Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating...
US based renewable energy player Empower Energies and Australian company Redflow have signed a ‘Letter of Intent’ to develop integrated solar and flow battery solutions for the North American commercial and industrial (C&I), remote community micro grid, and utility markets. The official statement of Empower...
North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held...
Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR...
Electric vehicle focused advanced battery platform Log9 Materials has raised $9.65 million (Rs 77 crores) from Amara Raja Batteries. This is the second round led by Tirupati-based batteries manufacturer in Log9 in the past year. With this round, Amara Raja Batteries now holds a 15.4%...
Recently, the multinational oil corporation Shell unveiled its first electric vehicle (EV) chargers for India's two- and four-wheeled vehicle markets. The initial market for Shell chargers in India are two wheelers. Shell announced plans to install more than 10,000 charging stations across India by 2030....
San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been...
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