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energy investments

Apollo Tyres to Increase Renewable Power Share to 25% by 2026

More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […]

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Deep Tech Analytics Platform iRasus Raises Seed Funding

iRasus, a Deep Tech Analytics platform for EV and Stationary Batteries, has raised an undisclosed amount in seed funding from marquee investors. The funding will expand the company’s offerings across different segments of the market, especially the Electric Mobility Segment. iRasus Technologies, is building a platform to help organize and analyze battery data. Investors in […]

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GM’s Ultium Bet And Its EV Ambitions

General Motors (GM), which has been among the top 5 automakers worldwide for possibly the longest time, has every  intention of maintaining its pre-eminence in the EV market too. To do that the Detroit-based car-maker has made it’s biggest bet on its own Ultium batteries, that it hopes will be good enough to dethrone even […]

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Though India’s RE, EV Subsidies More Than Double in FY22, Support Low Vis-a-vis Ambition

A study entitled ‘Mapping India’s Energy Policy’ a study conducted by IISD has made significant observations about subsidies in the renewable energy and EV sector and the government support extended to these sectors by way of subsidies. The key observations are as follows: Subsidies for fossil fuels on the declining trend, but RE, EV subsidies […]

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Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell

Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […]

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Amara Raja Power Selects Nextracker to Supply Solar Trackers to NTPC’s Plant

NTPC’s Nokh Solar Project, which will soon be one of India’s largest solar parks, will use Nextracker’s award-winning solar trackers. Nextracker is the world’s leading provider of intelligent solar trackers and software solutions. The company recently announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited. This 1,850-hectare project, which […]

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The Firms Reliance Bet On For Storage and Cell Manufacturing

One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […]

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In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding

Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […]

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Cleanmax To Add 33.8 MW of RE Projects With Support From Meta

To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties.  The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […]

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