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Battery Maker EnerVenue Raises $100 M in Series A Funding

US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […]

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Omega Seiki Orders Li-ion Batteries from US Firm C4V

New Delhi-based EV maker Omega Seiki Mobility has selected US technology provider C4V to source 1.16 gigawatt hours of next-generation high performance lithium-ion batteries from its cell manufacturing joint ventures to empower the future of e-mobility in India. C4V’s battery solutions is based on the technology that eliminates the need for cobalt and nickel, enabling a high performing, […]

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Evenergi Sets Foot in India, Joins Hands with Chemi Tech for E-mobility

Sydney-based software and consultancy services provider Evenergi has decided to launch its operations in India. The company, which has an active presence across 4 continents, is looking for global operations with India. The firm will be acquiring an 80% equity in Snel Charge India, part of the Chemi Tech Group. The company’s services help implement and optimise zero emissions […]

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“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter

Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […]

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Ocean Winds, Aker Submit Joint Bid for 6GW Offshore Wind in Scotland

Spain-based Ocean Winds and Norway-based Aker Offshore Wind have submitted joint bids worth 6 GW for the development of floating offshore wind projects in the ScotWind leasing round. The joint venture has submitted bids for several sites in the Outer Moray Firth for offshore wind farms as part of the ScotWind process, which was accepting applications until […]

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Tata Motors signs a PPA with TATA Power For 3 MWp Solar Rooftop At Its Pune plant

Tata Motors has signed a Solar Power Purchase Agreement with Tata Power to install and operate a 3 MWp rooftop solar project at its Passenger Vehicle Business Unit (PVBU) plant in Pune. This solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by approximately 3,538 tonnes per year. […]

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Vistra’s Moss Landing Storage Facility Offline Post “Overheating Incident”

Texas-based energy company Vistra Corp has begun its preliminary assessment of Phase I (300 megawatts) of its Moss Landing Energy Storage Facility in California following an “overheating incident” that occurred on the evening of Sept. 4 and rendered Phase I of the facility out of service. Teams from Vistra, battery manufacturer LG Energy Solution, engineering […]

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Solar Supply Chain Glitches To Drag On Climate Change Targets

In order to meet the 1.5°C 2050 scenario under the Paris Agreement, global solar manufacturing capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed, shows analysis by Rystad Energy. Grid parity, resilient networks and strategic partnerships have spurred growth in such capacity in recent years, to 330 gigawatts in […]

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NZ’s Infratil To Invest in Renewable Platform In Singapore

New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […]

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