SUBSCRIBE NEWS LETTER

apac markets

Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments

Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […]

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In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation

Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […]

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Robotic Cleaning Represents Only 1-2% Of overall Capex, But Can Be Decisive: Amit Singla, Ecoppia India

Israeli firm Ecoppia offers AI, data-driven robotic solar panel cleaning solutions. It claims to have deployed 3,900 MW of projects, over 10.5 mn autonomous cleaning sessions and cleaned over 9.24 bn solar panels. The firm, which has a global presence, is expanding operations in India. Some of the firm’s clients from India include NTPC, Azure […]

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Neogen to Acquire Electrolytes Manufacturing Technology from Japanese Firm

Neogen Chemicals has today signed an agreement with MU Ionic Solutions Corporation, Japan to step up its manufacturing capabilities. Neogen claims to be one of India’s leading manufacturers of Bromine-based and Lithium-based specialty chemicals. As per the terms of the agreement, Neogen will obtain the license from MUIS for proprietary and confidential manufacturing technology for […]

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Ryse Energy Raises $15 Million in Growth Capital Round

Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […]

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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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