BENGALURU : Lightspeed Venture Partners is in advanced discussions to lead a $30 million funding round in SolarSquare, a rooftop solar startup, alongside other investors, two people familiar with the matter told Mint. The investment follows a $4.2 million round raised by SolarSquare earlier this year from investors including Zerodha’s Rainmatter Capital, Gruhas Proptech led by Zerodha co-founder Nikhil Kamath, …
Finance minister Nirmala Sitharaman identified manufacturing and services, and energy security among her budget priorities. To capitalise on these priorities, India must heed developments in international trade and its growing — but increasingly complex — links with energy security, the climate crisis, and environmental regulation. India must prepare strategic responses for four kinds of trade barriers that will impact its …
CAI MENG/CHINA DAILY Two recent events have indicated escalating trade tensions in the clean-tech sector. On June 13, the European Commission announced the preliminary results of its ongoing investigation into so-called Chinese NEV subsidies, concluding that China's NEV value chain benefits from "unfair subsidization" that hurts EU rivals, and planning tentatively to impose extra tariffs ranging from 17.4 percent to …
As the buoyancy drained out of the tech sector last year, leading to almost 100,000 job cuts in the US, cleantech looked like a bright spot. “Most banks, they’re banking against assets or cash flow,” said Tom Steyer, co-founder of the Galvanize Climate Solutions investment firm and a former Democratic presidential candidate. Eric Archambeau, co-founder at Astanor Ventures, which has …
