Latest news with #Battery
Business Standard
4 days ago
- Business
- Business Standard
Tata Power Renewable Energy secures BESS project for Kerala State Electricity Board
NHPC (has been nominated as a Battery Energy Storage System (BESS) Implementing Agency (BIA) by Ministry of Power), through an International Bidding process, has selected Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power Company for setting up BESS of capacity 30MW/120MWhr to be utilized by Kerala State Electricity Board (KSEBL) for optimizing their excess energy by storing it in the said storage asset. The said BESS asset shall be established at the Area code Substation of KSEBL located in Mulleria, District Kasaragod, Kerala. The estimated project cost is Rs 110 crore approximately.
Mint
5 days ago
- Business
- Mint
Waaree Renewable Tech share price spikes another 5% after Q1 net profit surges 3-fold
Waaree Renewable Technologies, the solar EPC subsidiary of Waaree Group, saw its shares jump another 5% intraday on Friday, July 18, to reach 1,240 ₹ apiece, which came in response to the company's healthy performance in the June quarter. The company, on Thursday, reported a net profit of ₹ 86 crore in Q1FY26, a 207% increase compared to ₹ 28 crore in the same period last year, while the revenue from operations came in at ₹ in at ₹ 603 crore, compared to ₹ 236.35 crore in Q1 FY25, which is a 155% YoY growth. Looking at the segment wise performance, its revenue from its EPC contracts, which contributes over 95% of the company's total revenue, surged to ₹ 594.3 crore in Q1 FY25 from ₹ 228 crore in the same period last year, while power sales revenue also rose sharply to ₹ 9 crore, compared to ₹ 2.3 crore a year ago, as per the company's earnings' filing. On the operating front, the company reported EBITDA of ₹ 117.54 crore for the quarter, marking a significant jump from ₹ 41 crore in Q1 FY25. EBITDA margin expanded to 19.5% from 17.4%, reflecting improved operating efficiency. The company's unexecuted order book at the end of the quarter stood at 3.15 GWp, which it expects to execute over the next 12–15 months. The bidding pipeline remains robust at over 25 GWp. In terms of recent wins, the company secured a 435 MWp ground-mounted solar power project and a 131.6 MWp ground-mounted solar power project, both awarded in the first quarter of FY26. Commenting on the results, Mr. Manmohan Sharma, CFO, Waaree Renewable Technologies Limited, said, In response to the expanding renewable energy capacity, we have broadened our portfolio to include Battery Energy Storage System (BESS) EPC solutions, reinforcing our position as a full-spectrum clean energy provider. With a strong order book of 3.15 GWp in Solar EPC and 40 MWh in BESS EPC, we are well-equipped to deliver next-generation, large-scale integrated energy projects."
Bloomberg
5 days ago
- Business
- Bloomberg
Battery Material Maker Stocks Jump as US Eyes 93% China Duty
Battery material makers' stocks climbed after the US Commerce Department imposed preliminary anti-dumping duties of 93.5% on graphite imports from China. Shares of Australian graphite miner Syrah Resources Ltd. surged as much as 38%, while shares of South Korea's Posco Future M Co. climbed 24%. Gains in these and other Asian stocks tracked earlier jumps in Canadian peers including Nouveau Monde Graphite Inc.
Business Journals
6 days ago
- Sport
- Business Journals
MLB All-Star Game gives Atlanta national spotlight
Expand Major League Baseball held the 2025 All-Star Game at Truist Park. Baseball fans from across the country filed into the Battery for the game. Byron E. Small
Business Wire
15-07-2025
- Business
- Business Wire
Unify Raises $40 Million Series B to Transform Go-To-Market with AI
SAN FRANCISCO--(BUSINESS WIRE)--Unify, an AI-native platform transforming go-to-market and accelerating pipeline growth, today announced it closed $40 million in Series B funding led by Battery Ventures. The round included participation from OpenAI Startup Fund, Thrive Capital, Emergence Capital, Abstract Ventures, The Cannon Project and Capital49, and follows a $12 million Series A raised just nine months prior. Unify helps go-to-market teams identify the right prospects, personalize outreach at scale and automate repetitive tasks typically handled by humans. Share "In today's extremely competitive sales environment, distribution has become the barrier to success. Even great products can still fail to gain traction because prospects are overwhelmed with noise: constant outreach across email, social media, search and more. The status quo for growth doesn't work anymore,' said Austin Hughes, Unify's co-founder and CEO. 'We believe growth should be a science, not an art. Unify turns growth into a repeatable, scalable motion, combining real-time intent signals with AI agents to run powerful workflows that scale creative sales tactics. With Unify, sellers can then focus on what they uniquely do best: building relationships with humans." Unify helps go-to-market teams identify the right prospects, personalize outreach at scale and automate repetitive tasks typically handled by humans. The system of action uses AI agents to surface high-intent leads and orchestrate targeted campaigns — allowing reps to focus on closing deals, not chasing signals. The platform serves as a unified layer of intelligence that enables growth and outbound sales teams to reach out to the right customer, at the right time, with the right message, at scale. Customers including Airwallex, Cursor, Flock Safety, Perplexity and Together AI use Unify to bring intelligence and scale to outbound and drive measurable results. The company's revenue has grown 8x over the past year, with customers generating hundreds of millions of dollars in sales pipeline through the platform. "Unify drives pipeline directly into our sales team's inbox,' said Jenny Sung, product marketing lead at Perplexity. 'The platform's intent triggers and touch points give us the opportunity to talk to prospects at the right time." As part of the new round, Battery General Partner Dharmesh Thakker has joined Unify's board. 'Unify's approach represents the next evolution in go-to-market (GTM) technology, a trend Battery has backed through previous investments in companies such as Marketo, Gong and Braze,' said Thakker. 'The Unify team has built an innovative AI platform that uncovers and prioritizes signals buried deep in disconnected systems, facilitating targeted outreach with relevant, personalized messages. We're thrilled to back this team as it continues to revolutionize the GTM process.' About Unify Unify ( is an AI-native platform for modern go-to-market teams. By combining prospecting data, AI agents, and email sequencing in one unified workflow, Unify helps go-to-market teams generate qualified pipeline at scale. Founded in 2023, the company has grown revenue 8x year-over-year and is used by hundreds of teams globally. Learn more at
