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Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment

Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […]

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SJVN & Indian Oil to Form JV for Renewable Energy Projects

CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […]

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Ascend Elements to Supply 5,000 Metric Tons of Recycled Lithium to Koura

Westborough-based Ascend Elements, a lithium-ion battery recycling and engineered materials company, will supply Koura with up to 5,000 metric tons of recycled and recovered lithium carbonate per year. Manhattan-based Koura is an Orbia business and one of the world’s largest producers of fluoroproducts and advanced technologies. Ascend Elements said that Koura will use the recycled […]

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Thailand’s EV Pivot gathers Pace as BYD, Neta Break Ground For New Plants

Thailand, which has made the continuation of its status as a key auto hub key in the face of the EV transition, has just welcomed two Chinese giants, BYD and Neta Auto to the country, as the two firms broken ground on planned auto factories in Thailand for electric vehicles. The Thai government is pushing […]

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Rajasthan State Mines & Minerals Issues Tender for O&M of 4.9 MW Wind Power Project

Public sector enterprise Rajasthan State Mines and Minerals Limited (RSMML) has issued a tender for comprehensive operation and maintenance (O&M) of the 4.9 MW wind power project at Village Barabagh, District Jaisalmer in the state of Rajasthan. This is for Phase I of the project. The bid submission end date is 10.04.2023. Bids open on […]

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Green Li-ion Secures $20.5 Million for Battery Recycling Technology

Singapore-based lithium-ion battery recycling technology player Green Li-ion has secured $20.5 million in the recent round of pre-series B funding. The investment backers included venture capital firm TRIREC, solar firm Banpu NEXT and energy company Equinor Ventures. Green Li-ion has developed a prototype of its GLMC technology and is expecting to start the commercial production […]

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Australia India Trade Association Inks MoU with SMART Energy Council of Australia

The Australia India Trade Association (AITA) welcomed to India more than 20 clean energy firms based in Australia. The delegates are visiting the country as part of SMART energy council that is being led by Australian Prime Minister Anthony Albanese. On the occasion, the delegates interacted with Kanubhai Desai, who is the minister for energy […]

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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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Purdue University Creates Safer Solid-State Lithium-Ion Batteries

Indiana-based Purdue University has said that its engineers are making one of the most-used power sources safer and more efficient. High-voltage, solid-state lithium-ion batteries are the go-to power source for high-end technologies like electric and hybrid vehicles, wearable devices, pacemakers, radio-frequency identification systems and more. One of their most dramatic drawbacks is that they often […]

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