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$12 Mn Investment Closed by Reliance & Others in California’s Perovskite Solar Firm Caelux

California-based firm, Caelux, which employs perovskite technology for solar energy, has pocketed $12M in Series A3 funding. The said round raised the cumulative amount to $23 million. The round augmented the cumulative amount to $23M. The investment round was led by Temasek and also saw participation from Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, […]

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Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr

Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […]

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Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG

Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […]

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GEAPP to Aid Myanmar with 100 Solar Projects, Unlocking $60 Mn Solar Investment

The Global Energy Alliance for People and Planet (GEAPP) has revealed that it will lend support to Smart Power Myanmar’s over the period of the next three years to enable it to focus on transforming access to affordable and clean energy for Myanmar’s businesses in the agricultural value chain. In partnership with GEAPP, SPM will […]

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Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy

Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […]

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DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage

DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […]

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Johnson Matthey Expands Presence in China with Investments in Hydrogen Market

Johnson Matthey (JM), a sustainable technologies provider, recently signed an investment agreement with the Jiading District in Shanghai aiming to accelerate the hydrogen economy in China. During a signing ceremony held in Sonning, UK, JM and the Shanghai Jiading District revealed their collaborative venture to construct a facility dedicated to the manufacturing of catalyst coated […]

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Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report

A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […]

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