Battery recycling in India: Unlocking the value in used EV batteries

The electric vehicle industry in India has reached an inflection point. In FY 2023, over a million EVs were sold in India accounting for 6.38 percent of the total auto sales in the...

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Electric carmaker Rimac expands into stationary energy storage biz

Image for representation purposes only.

Croatian electric carmaker Rimac Technology on Wednesday announced it is expanding into producing stationary energy storage systems through its new subdivision, Rimac Ene...

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NGEL signs MoU with Maharashtra Govt. for development of RE, pumped storage, and GH2 projects

Chief Executive Officer, NGEL, Mohit Bhargava, and Deputy Secretary (Energy), Narayan Karad exchanged MoU with the Government of Maharashtra in the presence of Chief Minister of Maharashtra Eknath Shinde, Deputy Chief Minister of Maharashtra, Devendra Fadnavis and other senior officials on January 29, 2024.

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC on Tuesday (Jan. 30) signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for developin...

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Iveco selects BASF as a recycling partner for its electric vehicle batteries

Italian multinational transport vehicle manufacturing company, Iveco Group announced it has selected the world's leading chemical company, BASF as its partner to provide recycling ...

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Archer Aviation, NASA join forces for mission-critical eVTOL aircraft technologies

Archer Aviation's production aircraft, Midnight -- a pilot-plus-four-passenger eVTOL aircraft.

Archer Aviation, a Santa Clara-based leading developer of electric vehicle takeoff and landing (eVTOL) aircraft for use in urban air mobility, has signed a Space Act Agreement...

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Govt. invites bids for 10GWh Advanced Chemistry Cell (ACC) battery manufacturing

India's Ministry of Heavy Industries (MHI) on Wednesday (Jan. 24) opened the re-bidding process for the remaining 10GWh capacity under the Production Linked Incentive (PLI)&nb...

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Hyundai Motor signs four-year battery material supply deal with Ganfeng Lithium

Korean auto giant, Hyundai Motor Group has signed a four-year supply agreement with China-based, Ganfeng Lithium, to acquire battery-grade lithium hydroxide -- a key electric vehic...

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ACME Group signs pact with Japanese heavy industry major, IHI for the supply of green ammonia

ACME Group, a leading renewable energy company in India on Tuesday (Jan. 23) signed an offtake term sheet for the supply of green ammonia to Japanese heavy-industry manufacturer, I...

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TotalEnergies acquires German battery storage developer, Kyon Energy

Leading multi-energy producer and marketer, TotalEnergies announced it has acquired Kyon Energy, a leading battery energy storage developer in Germany. The latest acquisition is in...

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India could easily surpass 150GWh ACC battery manufacturing target

Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C) and IT, Govt of Telangana addressing teh iaugural session at India Battery Manufacturing 7 Supply Chain Summit 2024 in Hyderabad on Tuesday (Jan. 23, 2024).

India Energy Storage Alliance (IESA) on Tuesday kicked off its third annual battery manufacturing and supply chain convention in Hyderabad city on Tuesday (Jan. 23) to deliber...

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SK On, Solid Power partner to speed up development of all-solid-state batteries

SK On's Chief Commercial Officer Sung Min-suk and Solid Power Chief Executive Officer John Van Scoter at the signing ceremony held at CES 2024 Las Vegas Convention Center in Las Vegas, Nevada, on Jan. 10.

SK On, a leading electric vehicle manufacturer has signed an agreement with a US-based developer of solid-state batteries, Solid Power, to speed up the development of all-soli...

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Cleantech Startups in the MENA Region

Brilliant Planet's current pilot site in Morocco, in operation since 2018. Source: Brilliant Planet.

Cleantech startups in the MENA region are helping their countries transition towards a sustainable and low-carbon future. Backed by government-led initiatives, venture capital fund...

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International Battery Company raises $35 M; looks to expand its India giga factory

US-based lithium-ion battery maker, International Battery Company (IBC) has completed a Pre-Series A funding round and raised $35 million for building a lithium-ion cell manufactur...

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Clean Hydrogen Mission: Forging a united front to tackle climate change

About two-thirds of global emissions arise from transportation and hard-to-abate industries such as steel. Clean hydrogen serves as a promising solution for decarbonizing these sec...

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The Year in Review: Stories that defined the cleantech industry in 2023

From multilateral climate talks at COP28 to the commissioning of groundbreaking cleantech projects, 2023 witnessed some momentous developments giving us hope and keeping alive the ...

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Northvolt secures $5 billion loan for the expansion of homegrown giga factory and battery recycling plant

Swedish battery manufacturer, Northvolt AB has secured a $5 billion loan package that will enable further expansion of its cell manufacturing and battery recycling plant ...

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What’s next for India’s battery manufacturing industry in 2024?

An artistic rendition of Ola Giga Factory. Source: Ola Electric Mobility.

The year 2024 will prove to be a notable year for India's domestic cell manufacturing industry. After years of laying the policy and regulatory groundwork for building a domestic c...

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NIIF's India-Japan Fund invests INR 400 Cr. in Mahindra's last mile mobility business

Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of automotive major Mahindra & Mahindra, has attracted investment of INR 400 crore from the India-Japan Fund (IJF...

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BASF, Stena Recycling partner to recycle EV batteries across Europe

BASF, a leading battery materials company announced that it has signed a black mass purchase agreement with Stena Recycling, a European recycling firm to recycle EV batteries ...

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A pioneering grid-scale battery storage project comes online in Hawaii

An aerial view of Plus Power's KES Facility in Hawaii.

Plus Power, a US-based developer and operator of utility-scale battery storage projects, on Thursday announced that it has started operations of a pioneering grid-scale batter...

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BYD begins construction of 30GWh sodium-ion battery plant in China

Song Lewei, secretary of the Municipal Party Committee, and Wang Chuanfu, chairman and president of BYD, signing of 10 billion sodium-ion battery project between Huaihai, Nov. 2023

After concluding 2023, with record-break sales of 3 million new energy vehicles, Chinese automotive major, BYD has achieved yet another milestone with the groundbreaking ...

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NineDot Energy secures $225 million in equity financing; new funding to support its battery energy storage projects

NineDot Energy's 5MW/20MWh Staten Island battery storage project

Community-scale battery energy storage system (BESS) provider in the New York City metropolitan area, NineDot Energy secured an additional $225 million in equity capital from its e...

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Tata Power Renewable Energy to invest INR 70, 800 crore in renewable energy projects

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power has announced plans to invest worth INR 70,800 crore in renewable energy projects in the Southern Indian state of Ta...

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Telangana govt. to support Amara Raja's Giga Corridor project

Automotive and industrial battery major, Amara Raja Batteries Ltd (ARBL) will receive the necessary support from the Telangana government for its INR 9,500 crore Giga Corridor...

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Lakshadweep gets region’s first on-grid solar project with battery storage

Solar Panels at Kavaratti Islands, Lakshadweep

India's Prime Minister, Narendra Modi on Wednesday (January 3) inaugurated Lakshadweep's first on-grid solar project with a battery energy storage system enabling the Union Territo...

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Smartphone-maker Xiaomi strides into electric vehicle market: Launches Xiaomi SU7

Chinese smartphone maker Xiaomi Corp. on Thursday (Dec. 28) unveiled its first electric car, Xiaomi SU7, and announced its ambition of becoming a top global carmaker in t...

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Chilean govt. retains majority stake in lithium production in Chile

Salar de Atacama [geometric shapes at the bottom right] – Chile’s largest salt flat. At about 3000 sq km, it is the world’s third-largest salt flat as well as one of the largest active sources of lithium. Image courtesy: European Space Agency.

The Chilean government on Thursday (Dec. 28) announced that the State will have a historic 50%+1 stake in lithium production in the country with the State-owned Copper Company...

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Bengaluru city inducts 100 e-buses; plans to add 1,400 e-buses by April

Karnataka Chief Minister Siddaramaiah on Tuesday said that 1,400 new electric buses will be added to the Bengaluru Metropolitan Transport Corporation by April next year. In the fir...

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Bloom Energy, SK ecoplant partner for a major hydrogen demonstration project

Leading solid-oxide electrolyzer (SOEC) technology manufacturer, Bloom Energy on Wednesday announced that it has tied up with SK ecoplant, a subsidiary of South Korean conglomerate...

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Wardwizard partners with BEEAH Group to bring electric mobility to GCC countries and African Nations

Electric vehicle manufacturer under the 'Joy e-bike' brand in India, Ward Wizard Innovation and Mobility Ltd (Wardwizard) has signed an agreement with the BEEAH Group co-owned by t...

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