Power electronics startup Dynolt secures $1.7 million in seed funding round led by Transition VC
Dynolt plans to use the funds for expanding its footprint in mobility through higher power chargers for fast charging stations. The company also plans to enter new sectors like solar and hydrogen with its solutions for high-frequency inverters and DC-DC converters application.
Credit Fair secures $5 million from BII to fund rooftop solar projects in India
Credit Fair has raised $5 million in debt from from the $75-million Green Basket Bond issued by Symbiotics Investments and subscribed to by British International Investment. It will deploy the amount to fund 2,500 new rooftop solar projects.
U.S. Environmental Protection Agency seeks to ‘instantly terminate’ $20 billion in clean energy grants
Administrator Zeldin said there will be “zero tolerance of any waste and abuse,” saying financial agreements under the Greenhouse Gas Reduction Fund must be “instantly terminated.”
Germany hits 100 GW solar milestone
The country installed around 1.12 GW of new PV capacity in January, thus raising its cumulative installed solar power over the 100 GW threshold.
Alpex Solar wins INR 45-crore solar pumps order from MSEDCL
Alpex Solar will supply 2,000 solar-powered water pumps under Magel Tyal Saur Krushi Scheme in Maharashtra.
Sodium-ion vs. lithium-iron-phosphate batteries
Researchers in Germany have compared the electrical behaviour of sodium-ion batteries with that of lithium-iron-phosphate batteries under varying temperatures and state-of-charges. Their work shows how state-of-charge during cycling significantly affects the efficiency of sodium-ion devices.
Reliance Industries awarded 10 GWh advanced chemistry battery capacity under PLI Scheme
India’s Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Ltd for 10 GWh capacity under the production-linked incentives (PLI) Scheme for advanced chemistry cells.
Reliance Infrastructure to enter solar, battery manufacturing
Reliance Infrastructure Ltd (RInfra) has announced its plans to set up integrated solar equipment and battery manufacturing units. It has appointed Ivan Saha as chief executive officer (CEO) for the renewable manufacturing business, and Mushtaque Hussain as CEO for battery manufacturing.
Volks Energie to help Power Grid switch to Ni-Cd batteries for energy storage
Volks Energie has secured a project from Power Grid Corp. of India Ltd (PGCIL) to deploy Nickel-Cadmium (Ni-Cd) batteries for energy storage.
Enhanced Innovations develops solar-powered cold storage unit for ‘last mile’ vaccine transport
India’s Enhanced Innovations has developed the Phloton active cooling vaccine carrier with a 14-hour lithium battery backup and solar charging support.
