In Short : Actis’ plan to invest up to $2.5 billion in Indian energy and warehousing reflects their confidence in the potential of these sectors in India. In Detail : Targeting sustainable infrastructure opportunities in energy transition, digital infrastructure, and logistics and warehousing. Actis plans to invest up to USD 2.5 billion in India over […]
Gov’t opens $2.5 billion for EV chargers in rural and underserved areas – EQ Mag
This is in addition to $5 billion being spent on fast chargers along highways. Today, the federal government’s Joint Office of Energy and Transportation opened up applications for a $2.5 billion program to expand electric vehicle charging infrastructure in underserved communities. The Charging and Fueling Infrastructure Discretionary Grant Program was authorized along with the $5 […]
India mulls $2.5 billion aid to manufacture grid-scale batteries – EQ Mag Pro
Worried over rival China’s dominance in lithium, the nation is in talks with countries including Australia to secure supplies of the battery metal, he said India’s power ministry is proposing a nearly $2.5 billion incentive plan to encourage domestic manufacturing of grid-scale batteries, aiming at bringing down the cost of energy storage to speed up […]
L&T will operate along the entire green energy value chain; pump $ 2.5 billion in 3-4 years – EQ Mag Pro
Chief engineer Larsen & Toubro is committed to working along the entire green energy value chain and plans to invest up to $ 2.5 billion over the next 3-4 years, a company representative said. Investments on such a large scale in the green energy sector depend on market development. The announcement comes after Larsen and […]
US Energy Department set to loan GM battery joint venture $2.5 billion – EQ Mag Pro
The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion loan issued to GM and LG Energy will be used to help finance the construction of new lithium-ion battery cell manufacturing facilities. The loan to […]