US DoE announces $100 million funding for non-lithium batteries

Sodium-ion batteries from Acculon

The US Department of Energy (DoE) has floated a notice of intent aimed at projects and developers of non-lithium batteries. In the notice, the agency has offered to fund pilot-scal...

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EU backs Orlen project to set up hydrogen refueling stations in Poland

Polish energy company Orlen has won EU backing and €62 million in support for its Clean Cities – Hydrogen mobility project in Poland, which comprises a green hydrogen plant and mul...

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World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

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The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

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EIB approves €4.3 bn in transition funding, including €805 mn for clean power

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The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

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Tata Group invests in Boston-based non-lithium battery startup Alsym Energy

The Tata group has invested in non-lithium battery start-up Alsym Energy. Tata Ltd, a wholly-owned subsidiary of Tata Sons, led investment in the Boston-based company's Series C fu...

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Europe offers $400 mn for Italian green H2 valley that will decarbonize steel

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European authorities have decided to offer up to €370 million ($400 million) to Italian companies seeking to set up a 'Green Hydrogen Valley' in the country's southern region of Pu...

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Cleantech funding hits record, but falls short of what net zero pathways require

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Brookfield's latest fundraise and the record money pumped into the energy transition sector last year show investors have an appetite for cleantech risk. The world needs more of it...

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US DoE announces $72 million to upgrade 46 hydroelectric projects

The US Department of Energy has announced major investments in the country's hydroelectric sector, with funding to upgrade 46 projects across 19 states. In a release, the DoE said ...

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BASF bags German funding approval for 54 MW electrolyzer

German chemical company BASF has received funding approval for a 54 MW proton exchange membrane (PEM) electrolyzer that will have produce up to 8,000 metric tons of hydrogen per ye...

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Daily Shorts: Indian cities to get 10,000 e-buses, HSBC allocates $1 bn for climate tech and more

India and the US will collaborate to deploy 10,000 made-in-India electric buses across Indian cities as part of their co-operation agreements. Under the agreement, US government ag...

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Cygni Energy secures $12.5 million for setting up EV battery mfg. facility

Energy storage startup Cygni Energy Pvt. Ltd has announced that it has secured $12.5 million (around Rs 97 crore) from Meridian Global Ventures and Indian Overseas Bank in a mix of...

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Marsh launches world’s first insurance facility for green and blue H2 project risks

Insurance broker and risk advisor Marsh have announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and e...

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U.S DOE announces $96 million funding for advancing clean vehicle technologies

The U.S. Department of Energy (DOE) has announced a $96 million funding opportunity to support decarbonizing the domestic transportation sector. The funding will focus on expanding...

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DOE announces $18 million to streamline the commercialization of clean energy tech

The U.S. Department of Energy (DOE) has announced $18.4 million through the Technology Commercialization Fund (TCF) for seven national laboratory projects to get more clean energy ...

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ReMo Energy secures $5.25 million to demonstrate distributed renewable materials production

ReMo Energy, an innovator and manufacturer of industrial materials through the use of renewable energy in place of fossil fuels, has announced that it has raised an additional $5.2...

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Wildcat Discovery Tech secures $90 million in funding for EV battery commercialization

Wildcat Discovery Technologies (Wildcat) has announced that it has raised $90 million in a Series D funding round led by Koch Strategic Platforms (KSP), an investment subsidiary of...

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SiTration secures $2.5 million in pre-seed funding for EV batteries recycling

SiTration, the MIT spinoff pioneering new separation processes for materials extraction, has announced it has raised $2.35 million in pre-seed funding led by Azolla Ventures with p...

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Tech startup Matter secures $10 million in funding round for scaling e-mobility, ES innovations

Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, based out of Ahmedabad has announced that it has raised an initial US$ 10 mil...

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EH2 secures funding worth $198 million to support the production of low-cost fossil-free H2

Electric Hydrogen (EH2) has announced a $198 million financing to support its efforts in making cost-competitive fossil-free hydrogen. The round consisted of Series B equity and ve...

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India requires investments worth $250 billion to meet its 2030 RE targets: Moody’s report

India needs $225-250 billion over the next eight years if it is to meet its renewable energy targets, according to Moody's Investors Service. "The required investment assumes a pro...

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Indian RE sector records investment worth $14.5 billion in FY2021-22: IEEFA report

Investment in renewable energy in India reached a record US$14.5 billion in the last financial year (FY2021-22), an increase of 125 percent compared to FY2020-21 and 72 percent ove...

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Ather Energy raises $128 million in Series E funding round from NIIFL’s SOF, Hero MotoCorp

Ather Energy has announced the completion of its Series E round of funding with the signing of investment agreements amounting to $128 million with National Investment and Infrastr...

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