Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology Updated On Tue, Mar 11th, 2025 by Saurenergy Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
IESA Projects $500M Investments in 2025 For Battery, Mobility Startups Updated On Thu, Jan 23rd, 2025 by Saurenergy The India Energy Storage Alliance (IESA) recently organized the Start-Up Connect program during the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025. IESA projects that the industry will attract over $500 million in investments within a year. Several startups, including Polyprotic, Scharge, bridge green UpCycle, Zero footprint, Neuron Energy, Calton Energy, Qmax […] Read more
Repurposing Over Recycling A Big Opportunity In Last Two Years- Gaurav Dolwani, LICO Materials Updated On Mon, Dec 30th, 2024 by Saurenergy LICO Materials – A Mumbai-based Recycling Company in the lithium-ion battery supply chain is one of the cohort of recycling firms that will play a crucial role in India’s plans for recovery of critical materials such as lithium, cobalt, manganese, and nickel to be given back to battery manufacturers to give the materials a second […] Read more
IBMA Argues Against Inclusion of Recycling Cost In Guidelines From CPCB Updated On Tue, Dec 10th, 2024 by Saurenergy The Indian Battery Manufacturers Association (IBMA), representing an industry with a significant annual turnover of Rs. 50,000 Crores, while acknowledging the introduction of new Environmental Compensation (EC) guidelines by the Central Pollution Control Board (CPCB) has made a case for some key changes needed in it. These guidelines are crucial for advancing sustainable waste management […] Read more
Battery Smart Appoints Amit Bhardwaj Its New CFO Updated On Tue, Nov 26th, 2024 by Saurenergy Indian battery recycling company Battery Smart today announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). The firm which provides its swapping technologies for electric two- and three-wheelers said that Amit’s appointment will aid in strengthening its leadership. Amit has a degree in Chartered Accountancy and brings expertise from key financial roles […] Read more
Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy 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 […] Read more
The Emissions Impact of Repurposed EV Battery Packs in Residential Settings Updated On Tue, Nov 12th, 2024 by Saurenergy The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […] Read more
Mercedes-Benz Opens Its Recycling Factory In Germany Updated On Tue, Oct 22nd, 2024 by Saurenergy German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […] Read more
