Cassetex Ltd., Bangladesh’s pioneering Battery-as-a-Service (BaaS) startup, has successfully raised $1.6 million in investment, led by Infusion Partners Ltd. and Waverider International Consulting Co. Ltd. This funding will enable the company to accelerate the electrification of transport, agriculture, and light industry across Bangladesh, Nepal, and East Africa. By eliminating the high cost of battery ownership and providing an efficient, sustainable solution, Cassetex is breaking affordability barriers and transforming the clean energy sector. The funding will support the rapid deployment of Cassetex’s innovative battery-swapping technology, allowing for the integration of 50,000 new electric vehicles by 2026. In addition, the company aims…
Energy
Students and educators, led by eco-delegate Demir Çolak, call for urgent action on clean energy and sustainability. On 26 January, Türkiye’s capital, Ankara, hosted this year’s International Clean Energy Day with a global panel themed ‘An Urgent Call: A Fair and Inclusive Transition to Clean Energy’. The event brought together educators and students from around the world to discuss challenges and opportunities for a sustainable energy future. Moderating the panel was Demir Çolak, a high school student from Lycée Français Charles de Gaulle in Ankara and an eco-delegate. In his opening remarks, Demir highlighted the crucial role of education in…
Tosyalı has announced a major renewable energy milestone, partnering with GE Vernova and Inogen to launch a 1.2 GW self-consumption Solar Power Plant (SPP) project. The first phase, featuring a capacity of 120 MWp, will use N-Type Topcon 725 Wp panels manufactured under the Tosyalı V-Solar brand. Sustainability in Green Steel Production With a production capacity of 15 million tonnes of crude steel annually, Tosyalı is a leader in green steel. The company integrates renewable energy and advanced technology to reduce its environmental impact and enhance eco-efficiency. Building on its 235 MW rooftop solar capacity—the largest globally—Tosyalı is embarking on…