Bengaluru-based power electronics startup Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with participation from angel investor Yashovardhan Shah. The company plans to use the investment to expand its product portfolio in mobility, renewable energy, and hydrogen applications. Founded in 2022 by engineers Rajesh Sura and Teja Kumar, […]
H.G. Infra Engineering Limited has announced the incorporation of a wholly owned subsidiary, H.G. Gujarat Bess Private Limited, as a Special Purpose Vehicle (SPV) for business operations in the battery energy storage system sector. The subsidiary was incorporated on February 5, 2025. According to the company’s filing with stock exchanges, the new entity has an […]
Larsen & Toubro (L&T) has been named as one of the preferred Engineering, Procurement, and Construction (EPC) contractors by Masdar for the north site of a solar photovoltaic (PV) and battery energy storage system (BESS) gigascale project in Abu Dhabi. The project, developed by Masdar in collaboration with the Emirates Water and Electricity Company (EWEC), […]
Neuron Energy has announced the launch of a new manufacturing facility in Chakan, Pune, during the Bharat Mobility Global Expo 2025. The facility, which represents an investment of ₹25 crore, is designed to produce 1.5 GWh of lithium-ion batteries annually. The company aims to address the growing demand for electric vehicle (EV) batteries and energy […]
Gensol Engineering Ltd. announced that its order book for engineering, procurement, and construction (EPC) services in the solar sector has reached Rs 5,424 crore as of October 31, 2024. The company stated that these projects include work for both Public Sector Undertakings (PSUs) and private sector clients, with completion expected within the next 12 to […]
