Battery

J&K Discom Issues Tender To Expand Rooftop Solar Projects

The Kashmir Power Distribution Corporation Limited (KPDCL) has released a tender seeking vendors to boost rooftop solar. KPDCL has issued the tender to expedite the growth of rooftop solar in the state. The bid seeks end-to-end solutions to develop rooftop solar projects in the state. The last date for tender submission is December 15, 2024. […]

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Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA

The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […]

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Global Investments In Battery To Decline In 2024: Rystad Report

Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […]

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Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research

CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […]

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Saft Uses Nickel Technology In Backup Batteries For J&K Rail Tunnels

Saft, a subsidiary of TotalEnergies, delivered backup batteries for critical safety systems in tunnels along a new stretch of the Udhampur-Srinagar- Baramula Rail Link (USBRL). This battery is used between Banihal and Sangaldan towns in the Kashmir valley. Prime Minister Narendra Modi opened the new section of the USBRL in February 2024, laying importance on […]

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German Battery Firm Theion Receives Validation for Ultra-Fast Charging

Berlin-based battery company theion announced innovation in battery technology, with its reported breakthrough anode chemistry. theion has developed a lightweight polymer host with special coatings to replace anode chemistries such as graphite, silicon-rich graphite or lithium metal foils, and successfully reached over 2,000 charging and discharging cycles. This has been validated by a leading independent […]

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Clean Energy Investments Driving Global Job Creation, Finds Study

Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […]

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CATL To Power Beijing Hyundai Electric Models With CTP Technology

Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […]

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Poland Battery Firms Form JV To Setup EV Battery Recycling Facility

Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility in Zawiercie, Poland. According to the Ascend Elements statement, the […]

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