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Hala Mobility, Sieger Technologies Collaborate For 18,000 EV Two-Wheelers In Hyderabad

E-Mobility-as-a-Service (E-MaaS) solutions provider Hala Mobility has partnered with lithium-ion battery producer Sieger Technologies for accelerating the establishment of EV fast charging infrastructure in Hyderabad, Telangana. Under the multi-year agreement, the focus of the two firms lies on rolling out EV fast charge/battery swap stations. Hala Mobility said that the partnership will be commencing with […]

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South Korean University Research Aims At Boosting Lithium-Ion Battery Efficiency

Researchers at the Chung-Ang University in South Korea have worked on improving the efficiency of Lithium-ion batteries. Their work mainly involved in the electrolyte solutions. Lithium-ion batteries, essential for electric vehicles, face safety concerns due to polarization effects during fast charging. These researchers have now studied the impact of high-concentration electrolytes on their interface kinetics and […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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Re-strategizing To Meet The Growing Demand For Power

Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […]

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EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round

Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […]

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Latest Solar Auction in Germany Oversubscribed by 3.5 Times

The latest solar PV auction for ground-mounted capacity in Germany concluded with three and half times oversubscription with 574 bids totalling 5.5 gigawatts (GW), surpassing the 1.6 GW of capacity up for auction. The German Federal Network Agency, the Bundesnetzagentur,  published the results for the tender that sought 1.61GW of solar PV capacity. According to […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market

Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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