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News
Heron plans $100M factory for next-gen power electronics in US
2+ hour, 14+ min ago (205+ words) Heron Power, an American advanced power electronics manufacturer, has said that it plans to build a USD 100 million factory in California to make advanced transformers for the US electric grid. The company has selected Morgan Hill, California as the home…...
Indian electric mobility startup Yulu secures $93 million
22+ hour, 47+ min ago (201+ words) Indian electric mobility-as-a-service (MaaS) platform Yulu has announced the successful completion of its Series C funding round, raising USD 93 million through a combination of USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt. The capital…...
India’s CESC unit to buy solar portfolio from ReNewfor $510M
2+ day, 22+ hour ago (307+ words) Evertiq Indiaâs RP-Sanjiv Goenka Group (RPSG) has announced that the groupâs subsidiary Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited,…...
Base Power raises $1 billion, launches home battery
1+ week, 2+ day ago (322+ words) Texas-based energy startup Base Power has announced USD 1 billion Series D financing at a USD 13 billion post-money valuation, alongside the launch of Base Core: a home battery designed from the ground up to support the grid, now in production at…...
ChargePoint, Mercedes-Benz partner to simplify fleet electrification
1+ week, 2+ day ago (268+ words) Evertiq ChargePoint has announced an extended partnership with Mercedes-Benz to deliver comprehensive charging solutions for fleet operators in the UK and Germany The partnership provides Mercedes-Benz business customers with a fully integrated charging solution, from initial site planning through to…...
Factorial, SK On to explore solid-state battery manufacturing
2+ week, 2+ hour ago (289+ words) Factorial Energy, a US-based solid-state battery technology firm, has announced it has signed an MOU with South Korean battery manufacturer SK On. This partnership brings together Factorial’s advanced cell technology and scale-up expertise with SK On’s global manufacturing network and…...
Hitachi Energy wins €770 million contract for converter stations
3+ week, 3+ hour ago (240+ words) Terna, the company that manages the Italian national electricity transmission grid, led by Pasqualino Monti, and Steg, the Tunisian electricity and gas grid operator, have awarded Hitachi Energy a contract worth approximately EUR 770 million for the construction of the converter…...
Korkia receives environmental permit for solar, BESS project
1+ mon, 4+ day ago (212+ words) Korkia Renewables Development Sweden has received an environmental permit for the Smedjebacken hybrid project in Dalarna, paving the way for a 150 MWp solar PV plant and a 150 MW / 600 MWh BESS. The Environmental Assessment Delegation (Miljöprövningsdelegationen) at the County Administrative Board…...
OCSiAl to supply single wall carbon nanotubes to PowerCo facility
1+ mon, 5+ day ago (230+ words) Evertiq OCSiAl, a Luxembourg-based manufacturer of single wall carbon nanotubes, has been named as a supplier to PowerCo, the battery manufacturing subsidiary of Volkswagen Group, for its Unified Cell battery platform.Nanotubes for PowerCo will be supplied from OCSiAlâs…...
EnergyX secures $225M investment from Eni for lithium project
1+ mon, 6+ day ago (380+ words) Evertiq Energy Exploration Technologies, Inc (EnergyX), an energy technology company focused on advanced lithium production and critical mineral supply chain infrastructure has announced a USD 225 million strategic investment from Eni, the Italian-based energy company, for a minority stake in Project…...