Geothermal Energy Firm Eavor Banks $40M From Temasek, And Others Geothermal tech firm Eavor Technologies announced it has raised US$40 million in a new financing round from BP Ventures, Chevron Technology Ventures, Temasek, BDC Capital, Eversource Retirement Plan Master Trust, and Vickers Venture Partners.
India’s Ayana Renewable Gets $390m Funding From CDC, NIIF, and EverSource Bangalore-based renewable energy platform Ayana Renewable Power has secured $390 million (about Rs 2,800 crore) in fresh funding from UK’s development finance institution CDC Group, National Investment and Infrastructure Fund (NIIF) and EverSource Capital.
SG's SolarHome Extends Its Series A with US$2M to Grow The Customer Base of Its Pay-As-You-Go Solar Solution SolarHome offers off-grid households a solar lighting system at a low-cost 24-month subscription plan, with an initial US$10 down payment, followed by daily, weekly, or monthly repayments through scratch cards or mobile money.
Malaysian JM Newton Secures US$700K+ in Crowdfunding to Help Enterprises Save Energy Using Its Green-Tech Solutions JM Newton started its operations in 2019 as a one-stop integrated total energy management solutions provider, focused on the development of energy efficiency enhancement technology using green technology applications.
Israeli Government Agencies Invest More Than $3 Million in Alternative Energy R&D The funds will be divided into two groups: the first NIS 10 million will focus on the energy market and the remaining NIS 2 million will fund research in promoting renewable energy and energy efficiency in the manufacturing industry.
Indian Solar Saas Startup Sensehawk Raises $5.1M in Series A Round Led by Alpha Wave Incubation SenseHawk’s cloud-based platform modules enable solar companies to reduce costs, enhance workforce productivity, and improve solar site performance by leveraging sophisticated AI and machine learning models.
Chinese Electric Vehicle Maker Li Auto Launches IPO of Up to $950m Alongside the IPO, Li Auto will also raise $380 million from a concurrent private placement of shares to investors including Meituan Dianping via its British Virgin Islands-incorporated unit, and TikTok owner ByteDance via a Hong Kong unit.