Battery recycling company Lohum raises $54 million in Series B funding

Battery recycling and reuse company Lohum Cleantech has raised ₹450 crore (about $54 million) as a part of its ongoing Series B round of funding, according to multiple media report... Read More

ACEN, Marubeni to develop 400 MWh battery in New South Wales, Australia

ACEN Australia announced the company had signed an agreement with Marubeni Asian Power (Singapore) to jointly develop a 200 MW/ 400 MWh battery energy storage system (BESS) in New ... Read More

Circular Economy: Li-Cycle secures an additional $75 million from Glencore

Li-Cycle Holdings Corp. (LiCycle), a leading lithium-ion battery resource recovery company on Tuesday (March 12) announced that it has secured $75 million from Glencore plc (Glenco... Read More

India's coal ministry targets 9 GW renewable capacity of its own by 2030

India's coal ministry is looking to ramp-up deployment of renewable power to reduce its carbon footprint. It is aiming to have 9 GW of renewable capacity by 2030, and a roadmap to ... Read More

Toyota eyes mass production of diverse EV batteries; Plans to acquire PEVE soon

Japanese automotive giant, Toyota Motor Corp. (TMC), has agreed with Panasonic Holdings Corp. (Panasonic HD) to make Primearth EV Energy Co, Ltd (PEVE), a wholly owned subsidi... Read More

NGEL and RVUNL to jointly develop RE projects, green hydrogen derivatives in Rajasthan

NTPC's renewable energy arm, NGEL, on Sunday (March 10) signed an agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for developing renewable energy and ... Read More

Yara Growth Ventures invests in Denmark-based startup, Dynelectro

Yara Growth Ventures, a Venture Capital firm focused on enabling a green hydrogen economy, on Friday said it has invested in Dynelectro ApS (Dynelectro), a Denmark-based startup th... Read More

India to call stakeholder meeting for specialized cylinders for storing GH2

India's Union Ministry of New and Renewable Energy (MNRE) is looking to convene a meeting of stakeholders to discuss the development of specialized cylinders that can store green h... Read More

SSE Renewables picks OCU Energy, Fluence for 150 MW Fiddler’s Ferry BESS

SSE Renewables announced that OCU Energy would be its principal contractor for the 150 MW battery energy storage system (BESS) project at Fiddler's Ferry, Warrington in north-weste... Read More

UAE’s EWEC invites EOI for 400MW BESS power project

The EWEC (Emirates Water and Electricity Company), the sole procurer and supplier of water and electricity in the emirate of Abu Dhabi on Thursday (March 7) invited developers and ... Read More

BESS turns cheaper: Gensol, IndiGrid win Gujarat's 250 MW auction at ₹ 4.49 lakh / MW per month

Gensol Engineering and IndiGrid 2 Ltd were declared the winners of Gujarat's auction for the development of 250 MW/ 500 MWh Standalone Battery Energy Storage Systems in the state.G... Read More

Exide Industries invests an additional Rs. 40 cr. in its battery manufacturing unit

India's leading battery maker, Exide Industries Ltd has invested an additional Rs. 40 crore in its advanced battery manufacturing arm, Exide Energy Solutions Ltd through a rights i... Read More

NatPower reveals £10 billion plan for 60 GWh battery storage capacity across UK

NatPower UK, the British arm of European clean energy developer NatPower Group, has announced plans to invest over £10 billion developing battery energy storage systems across the ... Read More

Repono, an EU-backed new player enters the European storage market

EIT InnoEnergy, a leading cleantech investment firm supported by the European Union on Wednesday launched a pan-European company, Repono, to deploy and operate 100GWh of ... Read More

JSW Energy's arm signs agreement for 250MW/500MWh standalone battery energy storage system

JSW Energy Ltd on Tuesday announced that its 100% step-down subsidiary, JSW Renew Energy Five Ltd has signed a battery energy storage purchase agreement (BESPA) for a 250MW/50... Read More

24M launches direct-material recycling process for semi-solid Li-ion batteries

24M Technologies (24M), a Massachusetts-based battery technology firm has unveiled 'Liforever' – a direct material recycling process for semi-solid lithium-ion batteries for e... Read More

GH2 hurdle: electrolyzer costs have jumped 50 percent, warns BloombergNEF

Rising material costs have made electrolyzers more expensive, in turn making green hydrogen a more expensive proposition, BloombergNEF reports in its Electrolyzer Price Survey 2024... Read More

Jindal Stainless starts using green hydrogen at Hisar plant

Jindal Stainless (JSL) announced it has commenced the maiden usage of green hydrogen in the company's stainless steel plant in Hisar, Haryana, from what is India's first commercial... Read More

India cuts royalties for mining 12 critical minerals, including Vanadium

India's Cabinet has approved new royalty rates for mining of 12 critical and strategic minerals -- Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Telluri... Read More

Hydrovolt, Fortum Battery Recycling partner to champion battery recycling in the Nordic region

Hydrovolt and Fortum Battery Recycling, two battery recycling pioneers have signed an agreement to facilitate clean electrification and advance the Nordic battery recycling in... Read More

Bekaert and Toshiba ink MoU on MEA technology for PEM electrolyzers

Bekaert and Toshiba Corporation's energy arm, Toshiba Energy Systems and Solutions (Toshiba ESS)have entered into a global partnership that includes a strategic cooperation agreeme... Read More

Sosteneo to acquire 49 percent of Enel’s battery business

Multinational power company, Enel S.p.(Enel) on Friday announced that it has signed an agreement with Sosteneo Fund 1 HoldCo (Sosteneo) to acquire 49 percent of ... Read More

L&T commissions its first indigenously manufactured hydrogen electrolyzer

Homegrown multinational company, L&T on Friday (March 1) said that it commissioned its first indigenously manufactured electrolyzer at the Green Hydrogen Plant at A M Naik Heav... Read More

India gets first indigenous green hydrogen fuel cell inland waterway vessel

Prime Minister Modi on Wednesday (Feb. 28) launched the country's first indigenous green hydrogen fuel cell inland waterway vessel under the Harit Nauka initiative in Tamil Nadu's ... Read More

India to launch second tranche of auction of critical and strategic mineral blocks

India will launch the second tranche of auction of critical and strategic mineral blocks on February 29, the government informed in a press release. Union Minister of Coal, Mines &... Read More

BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S... Read More

SECI commissions India's largest BESS project in Rajnandgaon, Chhattisgarh

India has successfully commissioned the country's largest energy storage project, a 40 MW / 120 MWh battery energy storage system (BESS) connected to a 152 MWh solar photovoltaic p... Read More

Lyten’s lithium-sulfur batteries to power Chrysler’s Halcyon Concept EV

Lithium-sulfur battery technology developer, Lyten on Monday said it has been selected to power Chrysler's visionary Halcyon Concept electric vehicle. The supermaterial applic... Read More

Strata secures $559 million in financing for 1GWh battery energy storage project

Grid-scale energy storage solution provider, Strata Clean Energy (Strata) has secured $559 million in financing from a consortium of leading financial institutions for the construc... Read More

Indus Towers in partnership with IIT Madras launches green hydrogen and BMS R&D labs

Indus Towers, one of the leading telecom towers companies in the world in partnership with the Indian Institute of Technology, Madras (IIT-M) launched R&D labs for gr... Read More
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