Dutch long-duration energy-storage company Ore Energy has raised $43 million backed by Plural and HV Capital, as investor capital continues to flow into technologies aimed at smoothing renewable energy supply across extended periods.
India's climate-tech sector attracted $791 million across 74 funding rounds in the first five months of 2026, with late-stage transactions dominating capital deployment as policy measures including the PM E-DRIVE scheme and the upcoming Carbon Credit Trading Scheme reinforce investor confidence.
German solar inverter manufacturer SMA Group swung to a €72.8 million net profit in the first half of 2026, from a €42.4 million loss a year earlier, and raised its full-year guidance as restructuring measures and a rebound in its Home & Business Solutions division took hold.
Honeywell Technologies is expanding its India education and skilling programmes through new partnerships with IIT Bombay, BharatCares, the Ladli Foundation and an IISc-Bengaluru affiliate, building on a decade of work that has already reached 1.3 million beneficiaries.
The Industrial Transition Accelerator has selected 11 Indian clean-industry projects — led by Jindal Steel, JSW Steel, ACME Group, Yamna, Circular Urban Energy and ReNew — representing more than $18 billion in potential investment and an estimated 7.8 million tonnes of annual carbon abatement.
The Ministry of Heavy Industries has approved a revised five-year PLI timeline for Ola Electric's battery cell subsidiary, unlocking up to Rs 7,240 crore in incentives through 2031 as the company scales domestic cell manufacturing.
Boeing has named seven teams of university students and early-stage entrepreneurs as winners of the fifth edition of its BUILD program, each receiving Rs 10 lakh in grants across aerospace, sustainability and social impact.
Honeywell Technologies is expanding its education and skilling programmes through new partnerships with IIT Bombay, BharatCares, the Ladli Foundation and an IISc-Bengaluru affiliate, building on a decade that has reached 13 lakh beneficiaries.
Indore-based RoadGrid India has received Rs 13 crore from the government's Technology Development Board to build a manufacturing facility for its patented 140 kW Universal EV Charger, a project expected to produce 2,000 chargers annually and create over 100 direct jobs.
Omnichannel diagnostics provider Redcliffe Labs has acquired Pune-based Megavision Diagnostics Centre for approximately Rs 40 crore, bringing MRI, CT and other imaging services into its network as part of a broader push toward integrated, more accessible diagnostic care across western India.