AES Corp, the Virginia-based global power company recently announced that it has made a strategic investment in 5B, a Sydney-based solar technology innovator, to help client accelerate their use of solar energy. 5B raised $8.6 million in the latest investment round that included AES. 5B's MAVERICK... Read more
Contemporary Amperex Technology Co. Limited (CATL) and Trailer Dynamics GmbH (Trailer Dynamics) have announced that they have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton... Read more
Singareni Collieries Company Ltd (SCCL) commissioned a 30 MW solar power plant at Manguru, on Thursday, July 30. The solar plant near the old Manuguru village is spread across an area of 150 acres and developed at a cost of Rs 125 crore. Under the first phase, the government-owned coal mining compa... Read more
Swedish battery manufacturing company, Northvolt yesterday announced that it has raised $1.6 billion through debt financing provided by a consortium of pension funds, commercial banks, and public financial institutions.The latest round of debt financing initiated by the company for the development ... Read more
Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) has announced that they have strengthened their obligation to the electrification of transport with the authorization of a strategic alliance agreement to mutually encourage the positioning of sustainable mobility and e-mobility in Spain... Read more
The government has announced that it has extended the safeguard duty on Chinese solar power equipment by another one year till July 29, 2021, to help enhance local manufacturing. A duty of 14.9 percent will be imposed on such imports for six months from July 30, 2020, to January 28, 2021, while the... Read more
India Energy Storage Alliance (IESA) concluded its 2nd roundtable virtual meet on AatmaNirbhar Bharat - Energy Storage Manufacturing Roadmap for India on a high note. Attended by over 100 key industry stakeholders, the roundtable was graced by some eminent dignitaries like Mr. Suresh Prabhu, India's... Read more
Pacific Gas and Electric Company and Tesla Inc. (PG&E) have started the construction of a 182.5 MW lithium-ion battery energy storage system at PG&E’s electric substation in Monterey County, California.Once operational, the project at Moss Landing substation system, in Monterey County, w... Read more
Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, yesterday commemorated the completion of 800 MW of wind power projects from the first three wind tenders held by Solar Energy Corporation of India.With the full commissioning of its 300 MW SECI 3 wind project, S... Read more
Praj Industries (Praj) and Automotive Research Association of India (ARAI) have entered into MoU to jointly drive application development of advanced biofuels that will find usage in industry and transportation. Biofuels developed for the mobility sector will have a positive impact on the environmen... Read more
Octillion Power Systems, a provider of advanced lithium-ion storage systems for e-mobility, has announced that it has accomplished two milestones of 100,000 electric vehicles globally powered by its batteries and 2 billion kilometers driven, respectively. Octillion has seen swift growth in producti... Read more
Schneider Electric Solar has launched Insight, its new powerful yet simple energy management platform for residential and commercial users. It is available through their local, cloud, and mobile interfaces. Digital technologies have been changing energy management. Digitalization employs communicat... Read more
