International Battery Company raises $35 M; looks to expand its India giga factory

US-based lithium-ion battery maker, International Battery Company (IBC) has completed a Pre-Series A funding round and raised $35 million for building a lithium-ion cell manufactur... Read More

IESA pre-Budget recommendations to strengthen India's energy security

The India Energy Storage Alliance (IESA), the country's premier industry body for companies operating in the energy transition space, has submitted its pre-Budget recommendati... Read More

GODI plans 12.5 Gwh cell factory in Telangana

GODI India Private Ltd has signed an MoU with Telangana to set up a 12.5 GWh cell manufacturing facility with an investment of ₹8,000 crore, the parties announced. The agreement wa... Read More

Clean Hydrogen Mission: Forging a united front to tackle climate change

About two-thirds of global emissions arise from transportation and hard-to-abate industries such as steel. Clean hydrogen serves as a promising solution for decarbonizing these sec... Read More

Decarbonizing healthcare: Envision to supply 200 GWh RE power to Roche, four others

Chinese greentech company Envision Energy has announced a three-year renewable energy supply with five global leading healthcare companies in a collaboration that helps decarbonize... Read More

The Year in Review: Stories that defined the cleantech industry in 2023

From multilateral climate talks at COP28 to the commissioning of groundbreaking cleantech projects, 2023 witnessed some momentous developments giving us hope and keeping alive the ... Read More

Northvolt secures $5 billion loan for the expansion of homegrown giga factory and battery recycling plant

Swedish battery manufacturer, Northvolt AB has secured a $5 billion loan package that will enable further expansion of its cell manufacturing and battery recycling plant ... Read More

ACC, Circulor tie-up for supply chain, emissions mapping ahead of European battery passport rules

Battery manufacturing company Automotive Cells Co (ACC) and UK startup Circulor announced a partnership to verify the green credentials of raw materials that ACC uses to manufactur... Read More

What’s next for India’s battery manufacturing industry in 2024?

The year 2024 will prove to be a notable year for India's domestic cell manufacturing industry. After years of laying the policy and regulatory groundwork for building a domestic c... Read More

Coal-fired Poland changes stance, plans to set end date for fossil fuels

Poland's new government plans to set an end date for generating power from coal, the country's Secretary of State for Climate Urszula Zielinska said on Monday, reversing the previo... Read More

Mitsubishi plans 80,000 TPA GH2 plant – world’s largest – in Netherlands

Reports say the Japanese company will invest over $700 million and use the project as a test bed to develop know-how for mass production of green hydrogen. Mitsubishi Corp pla... Read More

Exagen gets nod for 500 MW / 1 GWh battery in Leicestershire, UK

UK renewable energy developer Exagen announced it had been granted planning permission for a 500 MW / 1 GWh grid-scale battery energy storage project in Leicestershire by the Blaby... Read More

NIIF's India-Japan Fund invests INR 400 Cr. in Mahindra's last mile mobility business

Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of automotive major Mahindra & Mahindra, has attracted investment of INR 400 crore from the India-Japan Fund (IJF... Read More

Veolia eyes 8 GW of green capacity, top spot in Europe’s district heating, building efficiency

French water-waste-and-district heating company Veolia has a target to increase its energy production capacity from biofuels and renewables by 50 percent to 8 GW by 2030, the compa... Read More

BASF, Stena Recycling partner to recycle EV batteries across Europe

BASF, a leading battery materials company announced that it has signed a black mass purchase agreement with Stena Recycling, a European recycling firm to recycle EV batteries ... Read More

A pioneering grid-scale battery storage project comes online in Hawaii

Plus Power, a US-based developer and operator of utility-scale battery storage projects, on Thursday announced that it has started operations of a pioneering grid-scale batter... Read More

BYD begins construction of 30GWh sodium-ion battery plant in China

After concluding 2023, with record-break sales of 3 million new energy vehicles, Chinese automotive major, BYD has achieved yet another milestone with the groundbreaking ... Read More

New lithium extraction technology set for commerialization: Canada's IBAT leases portable DLE plant to client in US

Lithium mining company International Battery Metals (IBAT) announced that it had leased its portable direct lithium extraction plant to a customer in the Western United States. "Th... Read More

Sainsbury's forays into ultra-rapid EV charging with 150kW bays from Kempower

British supermarket giant Sainsbury's announced its foray into EV charging, launching an ultra-rapid EV charging venture that aims to set up over 750 charging bays at more than 100... Read More

NineDot Energy secures $225 million in equity financing; new funding to support its battery energy storage projects

Community-scale battery energy storage system (BESS) provider in the New York City metropolitan area, NineDot Energy secured an additional $225 million in equity capital from its e... Read More

Europe's energy mix turns greener as wind surpasses coal

Wind has surpassed coal in Europe's energy mix, marking a key shift in the continent's energy transition efforts, data from the climate think tank Ember shows. The shift occurred d... Read More

Tata Power Renewable Energy to invest INR 70, 800 crore in renewable energy projects

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power has announced plans to invest worth INR 70,800 crore in renewable energy projects in the Southern Indian state of Ta... Read More

US utility-scale battery storage to double, led by additions in California, Texas

America's battery storage capacity is likely to double in 2024, the US Energy Information Administration (EIA) said. Data shows battery storage capacity in the US would increase by... Read More

Telangana govt. to support Amara Raja's Giga Corridor project

Automotive and industrial battery major, Amara Raja Batteries Ltd (ARBL) will receive the necessary support from the Telangana government for its INR 9,500 crore Giga Corridor... Read More

e-STORAGE to supply 220 MWh DC battery for Epic Energy's Mannum solar project

Canadian Solar announced that its battery subsidiary e-STORAGE will deliver 220 MWh DC of energy storage solutions to a standalone energy storage project owned by Epic Energy in Ma... Read More

EU approves €902 mn aid for Northvolt's EV battery plant in Germany

Decision helps keep the plant in Europe in the face of competing incentives from America The European Union has approved €902 million in aid for Swedish company Northvolt to set up... Read More

Lakshadweep gets region’s first on-grid solar project with battery storage

India's Prime Minister, Narendra Modi on Wednesday (January 3) inaugurated Lakshadweep's first on-grid solar project with a battery energy storage system enabling the Union Territo... Read More

Tamil Nadu draws green investments from Reliance, JSW Energy

India's southern state of Tamil Nadu inaugurated its Global Investor Meet (GIM) on Sunday and announced more than ₹55,000 crore of investments from Day 1, with industrial conglomer... Read More

Green progress: Germany’s CO2 emissions fall to 1950s levels after RE dominates energy mix

Germany's carbon dioxide emissions fell to their lowest in 70 years in 2023, touching levels last seen in the 1950s, the think tank Agora Energiewende announced. This was largely d... Read More

Smartphone-maker Xiaomi strides into electric vehicle market: Launches Xiaomi SU7

Chinese smartphone maker Xiaomi Corp. on Thursday (Dec. 28) unveiled its first electric car, Xiaomi SU7, and announced its ambition of becoming a top global carmaker in t... Read More
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