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ABB increases stake in InCharge Energy to 60%; fleet electrification services

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ABB has increased its stake in InCharge Energy, a provider of fleet electrification services ( earlier post ), to 60%. InCharge Energy will maintain its leadership team and tech neutrality as it joins ABB’s E-Mobility Division. Financial terms of this agreement were not disclosed.

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Volkswagen Group sets up new group company for energy and charging: Elli

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The Volkswagen Group is establishing a Group company for energy offerings and charging solutions, underlining its strategic goal of becoming a leading provider of sustainable mobility. Elli Group GmbH , with headquartered in Berlin, is to develop products and services connected with energy and charging for the brands of the Group.

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Waste gasification company Sierra Energy closes $33M Series A funding; FastOx

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Sierra Energy Corporation closed a $33-million Series A investment round led by Breakthrough Energy Ventures and joined by Cox Investment Holdings, Inc., This reaction is highly exothermic, meaning that it releases a large amount of energy in the form of heat. —Mike Hart, Sierra Energy’s CEO.

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PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

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PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. Existing investor Fenice Investment Group led the round, with participation from current major investors and new investor Energy Transition Ventures. Green hydrogen will play a critical role in our clean energy future.

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ANGI Energy Systems dispatches first hydrogen dispensers for Chart Industries’ transportable refuelers

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ANGI Energy Systems, a Vontier business, has dispatched the first two of six hydrogen dispensers from its headquarters in Janesville, Wisconsin to Chart Industries. By partnering with companies like ANGI, who have decades of experience in compressed gas, we can deploy vital solutions sooner and meet the needs of fleets today.

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Leclanché and Medha partner on high-energy battery packs for railroad and commercial vehicle markets

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Medha Group, a supplier of vehicle traction systems and related electronics based in Hyderabad, India, and Leclanché SA, a provider of energy storage solutions, have agreed to market their technologies jointly in the railroad and commercial truck markets. The collaboration covers the European, Middle Eastern and African markets. Its ECE R100.2

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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

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MOBIUS will use the funds to scale-up battery module production to support electric aircraft customers through a subscription model including maintenance and salvage services. MOBIUS has issued warrants to GEM, exercisable upon public listing, to purchase up to 3% of the common stock of the company. —Eugene Choi, MOBIUS CEO.

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