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Koch Invests in Li-Cycle and Other Firms in EV Value Chain

US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […]

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EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC

Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […]

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NTPC Green Arm Signs First Green Term Loan Worth 500 Cr

NTPC Renewable Energy ltd (REL), a 100 per cent subsidiary of NTPC ltd, has signed its first green term loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on September 29, 2021, for its 470 MW solar projects in Rajasthan & 200 MW […]

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Poor Policy Choices Bring Pakistan To The Brink In Gas Price Surge

For Pakistan, the inexorable rise in global LNG spot prices is turning into a never ending nightmare. Thanks to a high dependence on spot gas purchases, the South Asian country of almost 220 million people is headed for a cold winter with possibly some of the poorest preparations in a decade. Even as the government […]

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McDermott Joins AquaVentus Consortium for Green H2 Production

Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […]

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GenCell Introduces Long-duration Backup Solution for Telecom

GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions, has launched its latest long-duration backup power solution, the GenCell Backup Operations eXtender (BOX)™, which is an efficient and reliable alkaline fuel cell technology specifically designed to meet the challenging backup power requirements of telecom and critical communications operations. In a world plagued by ever more […]

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Energize Ventures Raises $330 M to Advance Sustainable Tech

Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […]

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IREDA CMD Announces Plans For An IPO At AGM

Pradip Kumar Das, the Chairman and Managing Director (CMD) at the Indian Renewable Energy Development Agency (IREDA) announced plans to go for the institution to go for an initial public offering (IPO) soon at its 34th AGM yesterday. The CMD also informed shareholders about performance in 2020-21, when IREDA disbursed its second highest amount of […]

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Meyer Burger Plans to Build High-performance Module Facility in Arizona

Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […]

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