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Waaree Energy Storage System Secures Seed Funding of USD 2 Million

Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […]

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […]

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Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future

Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […]

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Wärtsilä Selected by RWE for 80 MWh Energy Storage Project

Wärtsilä has bagged the award of a 40 MW / 80 MWh DC-coupled solar plus storage system in Georgia, USA from RWE Renewables. The technology group Wärtsilä has bagged the award of a contract to supply an engineered equipment delivery (EEQ) of a 40 MW / 80 MWh DC-coupled solar plus storage system to the […]

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Flipkart Ties up With Mahindra Logistics to Accelerate EV Deployment

Indian e-commerce major – Flipkart has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast-track deployment of electric vehicles (EV) across its logistics fleet in the country. The move follows on from the e-commerce majors commitment to have a 100 percent electric logistics fleet and deploy more than […]

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Ather Energy Brings Online First Batch of Charging Points in Mumbai Network

Bengaluru-based EV two-wheeler startup Ather Energy has announced the setting up of its fast charging network Ather Grid in Mumbai. Working in collaboration with startup Park+, the firm has already brought online 10 charging points across various key locations in the city with a further 30 such points expected by next year. In a press statement, the firm stated […]

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ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen

ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […]

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Plug Power led Consortium Pledges $320 Mn to new Clean Hydrogen Fund

Plug Power, Chart Industries, and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund Plug Power, Chart Industries, and Baker Hughes have announced their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects […]

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Tata Power & Social Alpha Invest in Smart Energy Management Startup ‘URJA’

Tata Power & Social Alpha invest in Industrial IOT startup ‘URJA’ – an innovative solution consisting of Smart Sensors and Analytics platform Tata Power and Social Alpha have announced an investment in Industrial IOT startup ‘URJA’ – an innovative solution consisting of Smart Sensors and Analytics platform founded by Saurabh Jhamb and Anant Jhawar in […]

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