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Around 54 GW of RE Projects Under-Construction in India: CEA Report

  Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […]

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Developing Countries Yet To Explore Critical Minerals: IRENA Report

A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’.  The report said that developing countries with higher reserves […]

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EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding

EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […]

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SVOLT Expands Global Footprint with Battery Module and Pack Plant in Thailand

SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. The firm has begun the construction of a module and pack factory at Sri Racha […]

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UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing

DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […]

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LOHUM & Altigreen Sign Strategic Partnership for Low Carbon Recycling of 1 GWh EV Batteries

LOHUM, a producer of sustainable energy transition materials and Altigreen, a manufacturer of commercial cargo electric vehicles, have announced a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. Under the partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM™ technology, recovering […]

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Minda Corporation Bags INR 750 Cr Contract for Battery Chargers for EVs

The flagship firm of Spark Minda, a maker of auto parts, Minda Corporation Ltd, has won a contract worth INR 750 crore from a leading OEM. The contract will require it to produce battery chargers for the electric vehicles for the OEM, the name of which has not been disclosed. The Executive Director of Minda […]

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REIL Issues Tender for Implementation of 50 MW Solar Power Plants

Rajasthan Electronics and Instruments Limited has issued a tender for the implementation of 50 MWp grid connected rooftop and small ground mounted solar power plants for Government buildings in different states/ Union Territories of India under RESCO Model. The last date for online submission of bids is July 28, 2023. The last date for offline […]

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