Softwear Automation, the global pioneer in autonomous sewing technology, has raised $20 million in Series B1 funding, led by a strategic investment from BESTSELLER, the Danish fashion giant behind brands like JACK & JONES, VERO MODA, and ONLY. Also Read: https://webnewsaddiction.com/ocean-spa-hotel-marks-18-years-as-a-top-caribbean-vacation-destination-in-cancun/ The funding made through BESTSELLER’s innovation platform Invest FWD…

Hindware, one of India’s most trusted and innovative bathware brands, has launched its latest Brand Store in Jaipur, marking a significant step in its nationwide retail expansion strategy. Strategically located in Jagatpura, the new outlet, Shiv Sanitary is Hindware’s 7th Brand Store in Jaipur and 33rd in Rajasthan, underscoring the…

Mangalore-based Maav Industries Ltd., a pioneer in sustainable manufacturing, has significantly expanded its recycling operations to advance India’s circular economy goals. The company now processes over 225 tons of plastic waste every month and aims to scale up to 300+ tons per month by 2026 — a critical step in…

Energy Vault Holdings, Inc., a global leader in grid-scale energy storage solutions, has announced that it has entered into an exclusivity agreement for a $300 million preferred equity investment. The funding will support the launch of Asset Vault, a fully consolidated subsidiary dedicated to developing, building, owning, and operating energy…

The Solar Energy Corporation of India (SECI) has issued a Request for Proposals (RfP) for the selection of a supplier for a 600 MW/1200 MWh Battery Energy Storage System (BESS) project to be implemented in Andhra Pradesh. The scope also includes a 15-year comprehensive service and maintenance contract (DC Package).…

Clean energy provider Gentari and Amazon Web Services (AWS) have entered a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, a milestone in their shared commitment to large-scale renewable energy deployment. Building on a 2023 collaboration agreement, this new PPA marks a significant step…

SolarEdge Technologies, Inc., a global leader in smart energy solutions, has announced a strategic collaboration with Schaeffler, a top-tier automotive and industrial supplier, to roll out electric vehicle (EV) charging infrastructure and software across Schaeffler’s European sites. The partnership will enable the deployment of approximately 2,300 EV charging points, enhancing…

BioConsortia, Inc., a leader in microbial solutions for sustainable agriculture, announced the closure of a $15 million funding round from long-standing internal investors, led by Otter Capital and affiliated funds. This investment brings BioConsortia’s total funding to $95 million. “This investment, one in a series of recurring financings from our…

Suzlon Group, India’s leading provider of wind energy solutions, has secured a 381 MW wind energy order from Zelestra India and its affiliates, marking a major milestone in Zelestra’s renewable energy journey. This project represents Zelestra’s first firm and dispatchable renewable energy (FDRE) venture and reflects a broader shift toward…

NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy Ltd (NGEL), has floated an Invitation for Bids (IFB) for the supply of solar photovoltaic (PV) modules to facilitate its forthcoming 1,000 MW solar power projects at Lalitpur and Chitrakoot solar parks in Uttar Pradesh. The projects…

Peak Energy, a U.S.-based developer of low-cost, gigawatt-scale energy storage technology, has launched and shipped the country’s first grid-scale sodium-ion battery energy storage system (ESS). Featuring a patent-pending passive cooling design, the system significantly reduces lifetime energy costs while eliminating components linked to most battery storage system fires, as identified…

Sungrow, a global leader in PV inverter and energy storage solutions, has unveiled its next-generation residential energy storage system (ESS) at the 2025 Southeast Asia Distribution Summit. Central to this launch is the upgraded MG Series inverter lineup, spanning from 5kW to 10kW, designed to deliver unmatched reliability, even in…