EV Charging Firm Terawatt In $1 Billion Funding Deal

San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure  came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […]

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Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem

Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […]

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Urban Mining Startup Metastable Materials Raises Pre-Seed Funding

In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […]

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Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries

Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […]

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Husk Secures Funding For Solar Microgrids in Rural India

Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores  ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […]

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ARENA Grants $100 M to Support Grid Scale Batteries

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced a $100 million competitive funding round for grid scale batteries equipped with advanced inverters to support the grid. ARENA’s Large Scale Battery Storage Funding Round will provide up to $100 million in funding to new battery energy storage projects of 70 […]

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Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2

California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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Waaree Energy Storage System Secures Seed Funding of USD 2 Million

Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […]

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