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EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK

Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh […]

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Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK

Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […]

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Are Solid-State Batteries The Next Milestone In The EV Industry?

Electric vehicles are becoming increasingly popular as the world looks for more sustainable transportation options. The battery is a key component of any electric vehicle, and solid-state batteries (SSBs) are seen as a potential game-changer in the EV industry. Solid-state batteries have several advantages over lithium-ion batteries that are currently used in EVs. They are […]

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eBikeGo’s Arm Vajram Electric Raises $1.5 Mn in Seed Funding Round

Mumbai-based OEM service provider and also a wholly owned subsidiary of eBikeGo company, Vajram Electric, recently raised $1.5 mn in seed funding round that was led by High Networth Individuals, such as Nikul Gala and family and included other well-known HNIs, including Anil Basa, Cyprian D’mello, and others. Vajram Electric is looking to create a […]

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How E-Vehicles Are Contributing Towards Sustainable Development

By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles […]

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Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital

Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […]

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A South American Success Story In Renewables – Chile

South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […]

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EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen

On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […]

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China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company

Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […]

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