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Battery Management Firm Element Energy Raises $111 Million

US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […]

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Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth

Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […]

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CEA Propagates the Idea of Vehicle to Grid

In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […]

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Phase One of SOFAR’s New Smart Factory is Commissioned

SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […]

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Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations

Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than […]

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Honeywell Ventures EV Industry Safety Solutions in India

USA based multinational Honeywell has announced bringing EV industry safety solutions to India. The firm has a portfolio of EV industry safety solutions. It also offers lithium-ion (li-ion) battery safety sensors, which help gauge potential battery fires. The firm’s suite of personal protective equipment (PPE) and gas detection solutions play a crucial role in safeguarding […]

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SPDA Chalks Out New Brand Identity

SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […]

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US Continues To Push For Grid Resiliency With $250 Million Financing For Georgia

The Georgia Environmental Finance Authority (GEFA) and application partners Oglethorpe Power, Georgia Transmission, Georgia System Operations and Green Power EMC have joined the U.S. Department of Energy (DOE) Secretary Jennifer Granholm to announce that the partners have been selected as a grant recipient in the DOE’s Grid Resilience and Innovation Partnerships (GRIP) Program. The GRIP […]

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Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth

Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […]

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