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energy storage

iCreate Announces Winners of Maiden EV challenge ‘EVangelise’21’

Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the winners of its maiden EV innovation challenge — EVangelise’21 — which saw the participation of 388 start-ups and entrepreneurs from all over the country. Based on the technological excellence & feasibility, market relevance and real-world implementation of their innovation, the following companies won the […]

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GoodWe Rebrands, Inaugurates New HO Building

Global inverter and storage firm GoodWe has refreshed its brand in line with the evolution of the global new energy space, emphasizing on collaboration and digitalization. At the core of this new brand identity is GoodWe’s commitment to harnessing smart tech to drive the global energy transition and bring about a more sustainable future for […]

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US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding

PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […]

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iSun Bags $29.3 M Deal to Build Solar Canopies at EV Charging Stations

Vermont, US based iSun Inc., a solar energy and clean mobility infrastructure company, recently announced that it has been selected to design and deliver an expected total of 1,780 off-grid solar canopies to be located at EV charging stations. With 50 years of construction experience in solar, electrical and data services, the company is also a […]

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COP26 Commitments Likely to Attract Billions in Investment: ICRA

The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […]

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CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena

For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […]

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India’s ‘1st Electric Motorcyle’ KRATOS to be Unveiled by Jan End

Electric motorcycle maker Tork Motors is set to launch its much-awaited ‘made-in-India’ e-bike T6X, now renamed as KRATOS, by this month-end, which will be the first vertically integrated electric vehicle (EV) in the country, according to a statement. The company also said it is expected to commence deliveries of the e-bike within a couple of […]

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Hyderabad-based Olectra Greentech Bags Order for 50 E-buses

Olectra Greentech, Hyderabad-based country’s largest manufacturer of electric buses, on Monday said it has received a letter of award (LoA) for 50 e-buses from “one of the state transport authorities” for inter-city operations under the central government’s FAME-II scheme. These buses are to be delivered in 12 months, the company said in a regulatory filing. […]

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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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