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Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance

China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […]

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Stellantis, Zeta Energy To Develop Lithium-Sulfur EV Batteries

Stellantis N.V. and Zeta Energy Corp have announced a joint development agreement aimed at advancing battery cell technology for electric vehicle applications. The partnership aims to develop lithium-sulfur EV batteries with game-changing gravimetric energy density while achieving a volumetric energy density comparable to today’s lithium-ion technology. For customers, this means potentially a significantly lighter battery […]

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Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data

Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme.  Union Minister for Heavy Industries and Steel HD […]

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Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects

Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […]

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LG Energy, GM To Develop Prismatic Battery Cell Technology For EVs

LG Energy Solution has announced a new partnership agreement with General Motors (GM) for prismatic battery cell technology. The firms partnered for the initiative to deploy these batteries for use in electric vehicles (EVs). Prismatic battery cell technology refers to the alternate design form of Lithium-ion batteries which are flat and rectangular in shape. This […]

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Govt Issues Draft EV Guidelines To Unify Charging Infrastructure

The Ministry of Power (MoP) recently notified an amendment to the draft guideline for the installation and operation of Electric Vehicle (EV) charging Infrastructure. Earlier this year, MoP issued an alternate facility to power the electric vehicles in separate draft guidelines and laid down separate draft guidelines to install and operate battery swapping and charging […]

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2024: US Clean Energy Investment Announcements Rose To $1tn

United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments […]

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Battery Smart Appoints Amit Bhardwaj Its New CFO

Indian battery recycling company Battery Smart today announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). The firm which provides its swapping technologies for electric two- and three-wheelers said that Amit’s appointment will aid in strengthening its leadership. Amit has a degree in Chartered Accountancy and brings expertise from key financial roles […]

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