EMEC bags over £500,000 funding from Scottish government for green H2 projects

EMEC hydrogen storage cylinders. Image for representation purposes only. Source: Colin Keldie

The European Marine Energy Centre (EMEC) has been awarded funding of over £500,000 for four feasibility projects supporting green hydrogen innovation and development.&nbs...

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US DoE announces $42 mn funding for 22 clean hydrogen projects

Image for representation purposes only. Source: Aranca

The U.S. Department of Energy (DOE) has announced nearly $42 million in funding for 22 projects in 14 states to advance critical technologies for producing, storing, and deplo...

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IRENA launches 'NewGen' initiative to promote youth-led RE start-ups, projects

At the recently held Youth Energy Forum at World Utilities Congress 2023, Abu Dhabi last week, the International Renewable Energy Agency (IRENA) launched a new initi...

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IndiGrid raises ₹ 1,140 Crores via long-term NCDs from IFC

IndiGrid, India's first listed power sector Infrastructure Investment Trust (InvIT), has announced that International Finance Corporation (IFC) has subscribed to a listed NCD (non-...

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EV Battery startup Swap Energy raises $ 7.2 M in Indonesia

Image Indonesian start-up Swap Energy that specializes in providing battery-swapping solutions for E2Ws has raised about  $7.2 million in a pre-Series A funding round led...

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Mahindra's new Last Mile Mobility firm 'NewCo' bags ₹ 600 crores from IFC

Global development institution IFC is investing ₹ 600 crores in a new last mile mobility (LMM) company that Mahindra & Mahindra has newly incorporated "NewCo". A...

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Australia's Recharge Industries acquires battery start-up Britishvolt

Recharge Industries has announced its successful bid for ownership of Britishvolt. The company is a leading provider of battery technology, specializing in productio...

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Geely's Zeekr raises US $750m funding for global development of EV solutions

China's largest private-owned automotive group Zhejiang Geely Holding Group (Geely Holding) has announced a USD 750 million A-Series fundraising at ZEEKR Intelligent Tech...

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Enerpoly, EET get €870K EU grant for 'ZincMate' energy storage device project

Swedish zinc-battery startup Enerpoly and Austrian smart photovoltaic startup EET (Efficient Energy Technology) have received € 870K in grant funding under the EU's Eurostars-...

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VFlowTech raises US $10 M for Vanadium-based battery LDES solutions

Singapore-based manufacturer of Vanadium-based redox flow batteries, VFlowTech, has raised US $10 million in a series A funding round, led by Japan-based venture capital ...

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Hecate Energy secures US $ 550 m credit facility for solar, energy storage projects

Chicago-based Hecate Energy, a developer of renewable power projects and energy storage solutions in the United States, has recently announced the close of a five-year $5...

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US DoE $125 million for next-gen Batteries and Energy Storage research

To support Energy Innovation Hub projects that emphasize multi-disciplinary fundamental research to address long-standing and emerging challenges for rechargeable batteries, the U....

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US DoE allocates $750m for accelerating Clean Hydrogen technologies

As part of President Biden's Bipartisan Infrastructure Law to dramatically reduce the cost of clean-hydrogen technologies, the U.S. Department of Energy (DOE) has recentl...

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Nickel-Zinc battery startup ZincFive raises $13.1 million in series C funding

US-based company innovating in nickel-zinc batteries ZincFive has raised $13.1 million in Series C funding, bringing its total funding to $40 million since its inception....

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Sonatus raises 2nd round funding led by Foxconn towards EV software innovation

American automotive software company Sonatus has raised $75 million in a second round of funding. Global technology company Hon Hai Technology Group (Foxconn) led th...

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Zinc-ion battery developer Enerpoly raises $ 1.5 million seed funding

Swedish firm Enerpoly that develop develops zinc-ion batteries as a sustainable solution for stationary energy storage has recently  closed a $1.5 million ...

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US DoE awards $350 million for Long-Duration Energy Storage demo projects

The Biden-Harris Administration, through the U.S. Department of Energy (DOE), has announced nearly $350 million for emerging Long-Duration Energy Storage (LDES) demonstration proje...

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E2W startup BattRE raises fresh investment; targets ₹ 1,000 crore revenue by 2025

Indian EV startup BattRE has recently announced that it has raised an undisclosed amount of seed fund from a group of investors led by Agility Ventures and former Tata Motors' Top ...

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GreenCell bags $55 million for developing electric inter-city bus services in India

Electric mass-mobility startup GreenCell Mobility has recently announced a series of fresh financial support and grants from DFIs and investors for its inter-city electric bus tran...

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Aramco sets up $1.5bn Sustainability Fund to support global energy transition

Saudi Arabian oil major Aramco has announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition. I...

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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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