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Battery Smart Raises $25 Million Funding Led by Tiger Global

Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global.  Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […]

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China’s CATL Launches Battery With 1000 km Range On A Single Charge

Leading battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL) has launched its Qilin battery technology which has a volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg. CATL claims that it has recorded the highest integration level worldwide so far by delivering a range of over 1,000 km . The […]

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HPCL Tender For Feasibility Study Of 100-150 MW Wind-Solar Hybrid BESS

Hindustan Petroleum Corporation has invited bids from consultants to conduct a feasibility study for development of a 100-150 MW hybrid battery energy storage system on vacant land at Anantapuram Solar Park for captive use in Andhra Pradesh. HPCL had floated a similar tender in July 2022 for selection of a project management consultant to supervise […]

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SUN Mobility & Amazon Launch Battery Swapping Network in Maharashtra

Bengaluru-based Energy infrastructure and services provider, SUN Mobility has announced the launch of its battery-swapping network for electric vehicles in Mumbai, Maharashtra. The company is installing these battery swapping stations in collaboration with Amazon India. With the first set of stations placed at Amazon’s sites in Mumbai and Pune, SUN Mobility plans to deploy over […]

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Servotech And GIZ Develop ComPort, A Solar Performance Monitoring Device

Servotech Power Systems claims to have developed a first-of-its-kind solar performance monitoring and controlling device, dubbed as ComPort. This was in association with the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit GmbH (GIZ). The device can not only detect the defects, issue notifications but also diagnose the problems and suggest O&M (operation and maintenance) […]

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EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End

EDF Renewables, UK, has begun to prepare and construct the site on two approved solar farms in the UK, with the projects totaling almost 100 MW every year. The solar projects are 49.9 MW each in different parts of UK. The first solar project will begin to generate power in the end of 2022. EDF […]

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Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe

Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […]

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Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business

Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […]

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Crayon Motors And Bounce Infinity Collaborate For Battery Swapping Stations

Crayon Motors, an Indian manufacturer of e-mobility solutions, and Bounce Infinity have joined their hands to establish the “first interoperated battery swapping network” for the convenience of the prospective customers across the country. According to a press release issued by Crayon Motors, the customers can choose to buy a 2W or 3W without battery and […]

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