battery

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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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Uttar Pradesh Floats Tender for 7 MW Rooftop Solar Systems

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated three tenders to install a cumulative capacity of 7 MW on-grid rooftop solar systems...

July 8, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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NTPC Invites Bids for Vanadium Redox Flow Battery Storage System

NTPC has invited bids for the supply, installation, commissioning, and integration of a 600 kW/3000 kWh Vanadium Redox Flow Battery (VRFB) storage system at the NTPC...

June 18, 2024

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Arshreet Singh

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Energy Storage

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Tenders & Auctions
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EU Slaps Additional Duties of Up to 38.1% on Chinese EVs

The European Commission has announced it will impose additional tariffs of up to 38.1% on Chinese Battery Electric Vehicles (BEV) from July on grounds that they were...

June 17, 2024

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B.S. Nagaraj

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Electric Vehicles
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Project Finance Brief: British Solar Secures Funding for Solar and Storage Projects

From: Mercom Capital Group British Solar Renewables (BSR), an integrated solar project developer in the UK, secured an undisclosed amount of funding for solar PV and...

June 12, 2024

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Staff

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Finance and M&A

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Other
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Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears

Solid Power, which develops solid-state battery technology for electric vehicles, reported a net loss for the first quarter (Q1) of 2024 that widened to $21.2 million...

May 8, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Falling Battery Prices Hurt Stem’s Q1 Revenue, Loss Widens by 61%

Smart energy storage company Stem reported a net loss of $72.3 million for the first quarter of 2024, up 61% from the net loss of $44.8 million last year, as extended...

May 6, 2024

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Arshreet Singh

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Finance and M&A
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Seven Companies in Race for 10 GWh Advanced Chemistry Cells Capacity Under PLI

The Ministry of Heavy Industries’ (MHI) tender to select manufacturers for Advanced Chemistry Cells (ACC) under the Production Linked Incentive (PLI) program has...

April 23, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Ministry Issues Viability Gap Funding Guidelines for Battery Storage

The Ministry of Power (MoP) has issued the operational guidelines for the ₹94 billion (~$1.1 billion) program to provide viability gap funding (VGF) of up to 40% to...

March 20, 2024

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Arshreet Singh

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Energy Storage

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Market & Policy
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GUVNL Issues Tender for 500 MWh of Standalone Battery Energy Storage Systems

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat under...

March 18, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Project Finance Brief: Strata Clean Energy Secures $559 Million for Storage Project

From: Mercom Capital Group Strata Clean Energy, a developer, owner, and operator of renewable energy projects, secured $559 million in financing for a 255 MW/1,020 MWh...

February 28, 2024

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Staff

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Finance and M&A

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Other
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New Technology May Help EV Batteries Charge Faster, Last Longer

Scientists at the U.S. National Renewable Energy Laboratory (NREL) have developed a new manufacturing process called BatMan that could improve electric vehicle (EV)...

February 27, 2024

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Arshreet Singh

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Technology
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Parliamentary Standing Committee Calls for Uniform Electric Vehicle Policy

The Parliamentary Standing Committee on Industry has recommended that the government formulate a consistent and stable national policy on electric mobility to create a...

December 22, 2023

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Battery Recycling Firm BatX Secures $5 Million to Fund Expansion Plans

BatX Energies, an India-based sustainable and circular Lithium-ion (Li-ion) battery recycling company, has raised $5 million in pre-series A Funding. The funds will be...

December 19, 2023

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Staff

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Energy Storage

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Market & Policy
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Himadri Chemical to Set Up Li-ion Battery Components Plant in Odisha

Mumbai-based Himadri Speciality Chemical is setting up a facility in Odisha to produce Lithium-ion Battery (LiB) components with a total annual production capacity of...

December 7, 2023

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Staff

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Energy Storage

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Market & Policy

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