BattRE was founded in 2017 in Jaipur by Nischal Choudhary and Pankaj Sharma to take electric mobility across the country; currently it has a network of 400 plus dealerships in 21 states and 276 towns. Two-wheeler mobility start-up BattRE has raised an undisclosed amount for its seed fund from a group of investors led by […]
Adnoc Secures Funding For Offshore HVDC Connection – EQ Mag Pro
The Japan Bank for International Cooperation (JBIC) has committed to providing $1.201bn project financing for Adnoc’s plans to connect its offshore operations to the onshore grid. In a 28 September announcement, JBIC said “the loan is co-financed with the Export-Import Bank of Korea, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, BNP Paribas Fortis, and Standard […]
BIRD Energy Announces Opportunities for Funding U.S.-Israel Cooperation for Clean Energy, energy efficiency, and technologies that reduce carbon emissions – EQ Mag Pro
TEL AVIV, Israel : BIRD Energy announced its next funding cycle for U.S.-Israel joint project proposals with a focus on Renewable Energy, Efficiency, and Technologies that reduce carbon emissions. To be considered, a project proposal must include joint R&D cooperation between two companies or between a company and a university/research institution (one from the U.S. […]
Testing grid forming capabilities with AGL’s Broken Hill Battery – EQ Mag Pro
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $14.84 million in funding to AGL to build a 50 MW / 50 MWh lithium-ion large scale battery storage system with grid forming capabilities at Broken Hill, New South Wales. Energy storage technology provider Fluence and its consortium partner Valmec […]
Renewable Energy Startup Span.IO Raises $90 Million in Funding – EQ Mag Pro
Renewable energy startup Span.IO Inc. wants to give consumers more control over how their cars and homes are powered. Founded in 2018, Span is best known for its smart electrical panel, which allows homeowners to use an app to monitor power consumption and optimize it by adjusting and prioritizing their electrical circuits. The San Francisco-based […]
UK-India joint research and innovation funding led to 258 projects: Report – EQ Mag Pro
The UK-India research and innovation relationship has resulted in 258 projects with a joint investment of around 330 million pounds, UK Research and Innovation (UKRI) India said in a new report. The UK-India research and innovation relationship has resulted in 258 projects with a joint investment of around 330 million pounds, UK Research and Innovation […]
Solar lending company Loanpal raises $800 million
Renewable investment wave continues as solar lending company Loanpal raises $800 million Days after the billionaire investor Chamath Palihapitiya announced his involvement in the $1.3 billion acquisition of the solar and home improvement lending business Sunlight Financial, a collection of investors announced a nearly $1 billion cash infusion into Loanpal, another renewable energy and home […]
Sterlite Power successfully raises Rs 200 cr from Allianz Global Investors
Mumbai: Sterlite Power, a leading global power transmission player, on Monday said that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – one of the world’s leading investment managers with focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI […]
ADB to Invest $15 Million in Avaada Energy to Expand Renewable Energy Capacity in India
NEW DELHI, INDIA: The Asian Development Bank (ADB) has signed an agreement to invest $15 million in INR equivalent in Avaada Energy Private Limited (AEPL) to help the company to scale up photovoltaic solar energy generation capacity in India. This is ADB’s second investment in AEPL after a first round of $50 million invested in […]
Funding secured for ‘smart’ electric vehicle charging project
An electric vehicle (EV) charging project that will facilitate the installation of over 100 smart charging points has been granted funding by the Department for Business, Energy and Industrial Strategy (BEIS).Read More… Source : newcivilengineer
