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ET Energy

Apollo Tyres Launches Electric Vehicle Specific Tyres

Leading tyre manufacturer, Apollo Tyres has announced that it has launched specific tyres for electric vehicles for both passenger vehicles and two-wheelers. The company has introduced Apollo Amperion range of tyres for the PV segment while the Apollo WAV range for the two-wheelers, have been added to the Indian market. Apollo claims that Amperion has […]

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Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology

Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […]

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First Solar Announces Q2 2022 Financial Results: QoQ Growth 99%

US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth  $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […]

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HOP Electric Receives Strong Response Before Commercial Launch

Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batch’s pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the product’s official […]

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US Developer Longroad in $500 Million Equity Deal With MEAG

US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co.  The investment will support Longroad’s strategic shift from […]

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MNRE Floats EOI for 50 Innovative Solar Pumps Under PM-KUSUM

Continuing with its efforts to encourage innovation in the solar pumps industry, the Ministry of New and Renewable Energy (MNRE) has published an expression of interest (EoI)inviting innovators to demonstrate their inventions. Under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program, the Ministry of New and Renewable Energy (MNRE) has invited bids […]

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UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL

Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large  energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […]

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Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity

BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […]

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Iberdrola and bp To Partner For EV Charging Infra, Green Hydrogen In Europe

In a major announcement, global energy players – Iberdrola and bp – have revealed that they will form a strategic collaboration to help accelerate the energy transition. Together, the companies intend to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles. The two will also develop large scale green hydrogen […]

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