battery

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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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Staff

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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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GUVNL Floats 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...

November 30, 2023

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Electric Mobility Company Baaz Bikes Raises $8 Million

New Delhi-based electric vehicle company Baaz Bikes has announced the completion of its Series A funding round, raising $8 million. The funding round was led by...

November 22, 2023

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Staff

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Electric Vehicles

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Grid
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Project Finance Brief: Leeward Secures $580 Million for Solar and Wind Projects

From: Mercom Capital Group Leeward Renewable Energy, a solar, wind, and energy storage project developer, closed $580 million of tax equity commitments and debt...

November 22, 2023

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Staff

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Finance and M&A

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Other
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Amara Raja’s Q2 FY24 Profit Up 12.5% YoY as Sales Volume Grows

Amara Raja Energy & Mobility recorded a profit of ₹2.26 billion (~$27.1 million) during the second quarter (Q2) of the financial year (FY) 2024, a year-over-year...

November 3, 2023

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Gautamee Hazarika

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Energy Storage

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Markets & Policy
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Toyota Announces $8 Billion Investment in its US Battery Facility

Automobile manufacturer Toyota has announced an $8 billion investment in its United States-based facility, Toyota Battery Manufacturing North Carolina (TBMNC), aiming to...

November 3, 2023

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Staff

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Electric Vehicles

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Grid
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Canadian Solar to Set Up 5 GW Cell Production Facility in the US

Solar module manufacturer Canadian Solar has announced it is setting up a 5 GW solar photovoltaic cell production facility in Jeffersonville, Indiana in the United...

October 30, 2023

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Staff

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Manufacturing

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Solar
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Project Finance Brief: Energy Storage Firm Plus Power Secures $1.8 Billion

From: Mercom Capital Group Plus Power, a developer and owner of energy storage projects, announced the completion of $1.8 billion in new financing for the construction...

October 25, 2023

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Sohini Aich

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Finance and M&A

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Solar
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LG Energy to Invest $3 Billion to Expand its Battery Manufacturing Unit in US

Battery manufacturer LG Energy Solution will invest KRW4 trillion (~$3 billion) in its Michigan facility to establish new production lines for battery cells and modules...

October 6, 2023

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Arjun Joshi

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Energy Storage

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Other
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Epsilon to Acquire Cathode Active Material Research Center in Germany

India-based Epsilon Group, a battery materials manufacturer, has entered into an agreement to acquire John Matthey’s Technology Center focused on lithium-ion...

October 4, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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US Grid-Scale Energy Storage Installations Rise 172% in Q2 2023

The energy storage market in the United States, including grid-scale, residential and community, commercial, and industrial segments, experienced an 80% year-over-year...

September 25, 2023

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Arjun Joshi

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Energy Storage

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Market & Policy

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