Battery materials firm Echion raises £29 million in series B investment round

Source: Echion Technologies

Leading developer of niobium-based, fast-charging battery materials Echion Technologies has recently completed its series B funding round, raising about £29 million in in...

Read More

John Cockerill secures €230 mn for deployment of its electrolyzers strategy

Image for representation purposes only. Source: John Cockerill

urceJohn Cockerill Hydrogen has recently announced the signing of binding commitments by its strategic partners SLB, SFPIM and Wallonie Entreprendre (WE), two leading Bel...

Read More

Verkor secures over €1.3 bn in green financing for its battery gigafactory

Source: Verkor

Verkor has recently secured over €1.3 billion euros in green financing with the support of 16 commercial banks and 3 public banks. These funds will be directly allocated to th...

Read More

Plug Power bags $1.66 bn loan from US DoE for up to six green hydrogen projects

Image for representation purposes only. Source: Plug Power

Hydrogen solutions firm Plug Power recently secured a conditional commitment of $1.66 billion loan guarantee from the United States Department of Energy's (DOE)...

Read More

Netherlands announces €250 mn in subsidies to 7 green hydrogen projects

In an effort to boost the production of green hydrogen in the country, the Dutch government opened an incentive scheme last autumn. After the successful completion of the comp...

Read More

Exide Industries invests an additional Rs. 40 cr. in its battery manufacturing unit

India's leading battery maker, Exide Industries Ltd has invested an additional Rs. 40 crore in its advanced battery manufacturing arm, Exide Energy Solutions Ltd through a rights i...

Read More

Austria set to invest €400 mn for domestic green hydrogen projects

Image for representation purposes only. Source: Austria

Austria is working on a new subsidy package that aims to pump in €400 million for renewable hydrogen production in the country, via the EU sponsored European Hy...

Read More

Indian CAM manufacturer Altmin announces an investment outlay $100 mn

The first batch at LFP from Altmin's pilot plant. Image for representation purposes only. Source: Altmin

Hyderabad based Altmin Private Limited, an early pioneer manufacturing of cathode active material (CAM) for lithium-ion batteries in India, has announced an overall inves...

Read More

VinFast to invest $2 billion for EV manufacturing in Tamil Nadu

Image for representation purposes only. Source: VinFast US

Vietnamese EV maker VinFast has chosen the Indian state of Tamil Nadu to set up a 'first-class electric vehicle production hub' in the South Asian region. The construction of ...

Read More

KABIL to invest ₹211 crore for exploration of lithium blocks in Argentina

Image for representation purposes only. Source: Kseniya Ragozina via

India's KABIL (Khanij Bidesh India Ltd) has announced an investment of ₹211 crore ($25.712 million) over a period of five years for exploration stage activities...

Read More

ADS-TEC Energy announces private investment from Svelland Capital

Image for representation purposes only. Source: ADS-TEC Energy

Battery-buffered, ultra-fast EV charging technology firm ADS-TEC Energy has announced the signing of a definitive agreement for a private investment by Svelland Capital, a dis...

Read More

EKA Mobility, Mitsui, VDL Groep pledge $100 mn for EV manufacturing in India

Image for representation purposes only. Source: EKA Mobility

Indian EV maker EKA Mobility has announced strategic partnership with Mitsui & Co. of Japan and VDL Groep  of Netherlands. The long-term alliance ...

Read More

Japan gets its first dedicated investment fund for grid-scale energy storage

Image for representation purposes only.

The emerging energy storage market in Japan is flexing its arms even further, with the recent launch of its first-ever dedicated fund for grid storage batteries. The inve...

Read More

Iberdrola, Masdar to invest €15 bn in offshore wind, green H2 projects

Source: Masdar

At COP28 in Dubai, energy firms Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydro...

Read More

Northvolt raises $1.2 bn for market expansion; rolls out first BESS at Dwa

Northvolt has announced that it has raised $1.2 billion in convertible notes to finance plans for its further European and North American expansion. The latest developmen...

Read More

Acer expands into energy storage biz; picks up 11% stake in C-Life Technologies

Image for representation purposes only.

Multinational hardware and electronics company, Acer Inc on Thursday (August 3) announced that its Board of Directors have given approval for the investment in C-Lif...

Read More

onsemi, Magna Invest in Silicon Carbide Manufacturing to tap global EV markets

Image for representation purposes only. Source: Magna

Image Power and sensing tech firm onsemi and autocomp firm Magna have announced a long-term supply agreement for Magna to integrate onsemi's EliteSiC intelligen...

Read More

BorgWarner invests on production capabilities of e-mobility techs in Mexico

Automotive technology firm BorgWarner has recently announced an investment package for San Luis Potosi in Mexico that includes a new manufacturing plant focusing on power...

Read More

Cummins strengthens fuel cell, electrolyzer portfolio with buyout of Hydrogenics

Image for representation purposes only. Source: Cummins

Cummins Inc. has recently announced the complete  buyout of Air Liquide's 19 percent interest in Hydrogenics Corporation, resulting in the company assuming full...

Read More

Epsilon Advanced Materials to invest $650M for a new battery material facility in the United States

Leading battery material company, Epsilon Advanced Materials (EAM) has announced that is planning to invest $650 million for establishing a 50,000 TPA synthetic graphite anode manu...

Read More

NIO secures about $1.1 billion investment from Abu Dhabi state-owned fund

Image for representation purposes only. Source: NIO

Chinese EV maker NIO has recently signed a share subscription agreement with CYVN Holdings, an Abu Dhabi government majority-owned investment firm, which will invest ...

Read More

Shell to invest in hydrogen, CCS and EV charging to develop options for future

In its Capital Markets Day 2023 presentation that took place in New York, Shell has revealed its business strategy on downstream, renewables and energy solutions, with an...

Read More

IRA boosts US's battery gigafactory capacity pipeline overtaking Europe

Image for representation purposes only. Source: Proterra

The battery cell manufacturing capacity pipeline in the US at present is said to be larger than that of the entire Europe, according to two independent reports broug...

Read More

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-...

Read More

India-Australia Critical Minerals Partnership eyes 5 Lithium, Cobalt projects

India and Australia have reached a major milestone in working towards investment in critical minerals projects to develop supply chains between the two countries. The countries hav...

Read More

Stellantis to invest $155 million for North American Electrification goals

Stellantis has announced that it will invest a total of $155 million in three facilities located in Kokomo, Indiana, US to produce new electric drive modules (EDM) that w...

Read More

Log9 Materials to invest ₹ 2,350 crores for EV battery manufacturing

Indian battery startup Log9 Materials is reportedly ramping up investments to the tune of ₹ 2,350 crores over the coming years to strengthen its local EV battery man...

Read More

EBA calls for action to prevent battery investment outflows from Europe to US

In a recently held high-level meeting by European Battery Alliance (EBA) with European Commission Vice-President Šefčovič, the stakeholders discussed on the impact of the...

Read More

ADB assists VinFast with $135 million to support e-mobility in Vietnam

The Asian Development Bank (ADB) has mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam's...

Read More

Fujifilm capitalizes $20 million in 24M Technologies, developer of semisolid batteries

Japan's Fujifilm Holdings has announced that it will invest an additional $20 million into 24M Technologies, a U.S. developer of next-generation "semisolid" lithium-ion batteries. ...

Read More