ev-charging

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Relux Secures ₹2.5 Billion to Expand Hyper EV Charging Stations in South India

Relux Electric, an India-based electric vehicle (EV) charging infrastructure firm, has secured ₹2.5 billion (~$29.93 million) in project financing from a group of real...

May 13, 2024

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Satish Shetty

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Electric Vehicles

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Finance and M&A
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responsAbility Injects $25 Million in BluSmart to Expand EV Charging Network

Switzerland-based responsAbility, an impact-investment firm with over $4.7 billion in assets under management, said it would invest up to $25 million in BluSmart, an...

January 30, 2024

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Arshreet Singh

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Electric Vehicles

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Finance and M&A
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Exponent Energy Secures $26.4 Million in Series B Funding to Propel Expansion

Bengaluru-based electric vehicle (EV) charging and battery startup Exponent Energy has raised $26.4 million in a series B funding round led by Eight Roads Ventures and a...

December 14, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid

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Market & Policy
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Daily News Wrap-Up: Ministry Allows Multiple Users Under Group Captive Model

The Ministry of Power, in recent amendments to the Electricity Rules, 2005, has reverted to the previous regulation, allowing collective captive users to hold the...

September 7, 2023

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SECI’s Tender for 1.3 GW of ISTS-Connected Wind Projects

The Solar Energy Corporation of India (SECI) has issued a tender for selecting project developers to set up 1.3 GW inter-state transmission system (ISTS)-connected wind...

August 16, 2023

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Mercom Staff

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Daily Wrap-up
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EV Charging Startup chargeMOD Raises ₹25 Million to Accelerate Product Growth

Kerala-based electric vehicle (EV) charging solutions startup chargeMOD has raised ₹25 million (~$301,291) from Phoenix Angels in a pre-seed investment round. The...

August 14, 2023

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Gourav Mishra

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Electric Vehicles

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Grid
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Daily News Wrap-Up: India Added 2.5 GW of Solar Open Access in 2022

India added 2.5 GW of solar open access in the calendar year (CY) 2022, a year-over-year (YoY) increase of 92% from the 1.3 GW installed in CY 2021, according to the...

March 16, 2023

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Mercom Staff

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Daily Wrap-up
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US Opens Applications for $2.5 Billion Program to Build EV Infrastructure

The Biden-Harris Administration opened applications for a new multi-billion-dollar program to fund electric vehicle (EV) charging and alternative-fuelling infrastructure...

March 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Carlyle Acquires Majority Stake in Aspen Power for $350 Million

From: Mercom Capital Group Carlyle, a global investment firm, acquired a majority stake in Aspen Power Partners, a distributed generation platform focused on solar and...

November 9, 2022

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Power Ministry Amends License Rules to Distribute Electricity

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power recently amended the Distribution of Electricity License...

September 19, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: POSOCO Appointed Nodal Agency for Green Energy Open Access

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power (MoP), in a recent notification, appointed the Power System...

July 13, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: Inox Wind Subsidiary to Raise ₹9 Billion Through an IPO

Here are some noteworthy cleantech announcements of the day from around the world: Inox Wind announced that its board has approved the proposal for the initial public...

May 11, 2022

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Satish Shetty

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Other

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Renewable Energy
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Tender Floated for Setting Up 810 EV Charging Stations Along Highways

Convergence Energy Services Limited (CESL) has issued a request for proposal (RfP) from Charge Point Operators for the installation and maintenance of 810 electric...

April 25, 2022

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Satish Shetty

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Electric Vehicles

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Grid
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Daily News Wrap-Up: Adani Total Gas Forays into E-mobility, Installs EV Charging Station

Here are some noteworthy cleantech announcements of the day from around the world: Gas Distribution company Adani Total Gas has forayed into Electric Mobility by...

March 29, 2022

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Arjun Joshi

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Other

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Renewable Energy
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EverSource Capital Buys Majority Stake in EV Operator Lithium Urban

EverSource Capital, a climate impact fund, has announced an investment in Lithium Urban Technologies, an electric vehicles (EV) company, for a majority stake. Lithium...

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