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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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Battery Materials Firm GEM In Indonesian JV To Diversify Risk, Protect US, EU Markets

Shenzhen, China based GEM, the largest supplier of battery raw materials in China and the leading battery recycling firm in China and globally, has announced plans to  invest about USD750 million in two new plants in Indonesia in a move aimed at diversifying its manufacturing base and developing global industrial supply chains in alignment with […]

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Norwegian Battery Maker Morrow Nets €100m Equity Funding

Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […]

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Cars at Golf’s Ryder Cup To Be Solar Powered For First Time

Club Car, a global leader in golf, consumer and utility vehicles, is using solar power to charge fleet vehicles on location for the first time at the Ryder Cup, the leading golf event that pits Europe Versus the US. “To be the Worldwide Supplier of one of the world’s premier sporting events for such a […]

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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Rayzon Solar Forms Joint Venture with Swiss-German Firm Luxra Group

India’s solar panel production firm, Rayzon Solar and German-Swiss that makes solar modules,  Luxra Group will be setting up a joint venture towards the production of solar modules in India. The partnership will combine Luxra’s technology and Rayzon’s expertise in operations with regards to PV panel manufacturing. The joint venture will strive for solar module […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials

LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […]

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EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out

European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […]

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