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Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others

Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures.  Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […]

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Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil

Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […]

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SUN Mobility, Pilipinas Shell to Bring Battery Swapping Technology to Philippines

A provider of energy infrastructure and services for electric vehicles (EVs), SUN Mobility, has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for two and wheel-wheel electric vehicles. Philippines-based Pilipinas Shell Petroleum […]

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1400 EV Chargers Supplied by Servotech Power Systems in Three Months

NSE-listed EV Charging and solar power solutions provider Servotech Power Systems Ltd, has supplied 1400 EV chargers in a span of three months of November to January at different locations across the country. These chargers include public sector projects, retail customers, and other strategic alliances that Servotech has taken up and entered into. Of these […]

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SolarEdge Launches New Battery Cell Line for Stationary Energy Storage

Israel-based maker of solar inverters, power optimizers and monitoring systems, SolarEdge Technologies has announced that its Energy Storage Division has begun shipping new battery cells designed for stationary energy storage applications. SolarEdge said in its official statement that the new line of Nickel Manganese Cobalt (NMC) pouch cells, manufactured at Sella 2, the Company’s new […]

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Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety

Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […]

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EV Battery-Tech Startup Log9 Materials Sweeps Over $11 Mn in Series B Round

Battery platform for electric vehicles Log9 Materials has scooped up over $11 million in a Series B round, which was led by PTV International Ventures. Participants in the Series B round included SiriusOne Capital, Cornerstone Ventures, among others. This is seemingly an extension of the Series B round, which is followed by the the Rs […]

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MUSE, KRAZE & M1KA 1.0: Launches by Omega Seiki Mobility at Auto Expo ’23

New-Delhi based electric vehicle manufacturer Omega Seiki Mobility (OSM) has expanded its electric truck and passenger vehicles offerings. At Auto Expo 2023, the firm has launched new SCV OSM M1KA 1.0, which it claims to be India’s first IOT integrated, four door with cosmic roof electric passenger vehicles ‘MUSE’ and industry first air-conditioned electric passenger vehicle […]

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