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lithium ion

Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone

Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […]

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Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain

Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […]

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Forsee Power Starts Light EV Battery Production In India

European multinational producer of smart lithium-ion electric vehicle (EV) battery systems, Forsee Power, that entered the Indian market in 2020, has begun the production of a series of EV batteries for electric two and three-wheelers at its Pune plant. As a manufacturer and supplier of energy management systems in Europe, Asia, and North America, Forsee […]

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IDtechex Predicts Bigger Role For RFB Batteries Over Lithium Storage By 2030

“We are looking at the solution, but most of the time we forget the problem.” The energy scenario is changing as a result of years of green policies adopted by the major countries in the world. With energy storage playing a key role toward the integration of variable renewable energy (VRE) in the power grid, […]

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Uttar Pradesh-based Lithium Urban Acquires SmartCommute

UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart […]

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Schneider Electric Solar and Discover Battery Get UL 9540 Certification

Canada headquartered solar solutions provider, Schneider Electric Solar has announced getting UL 9540 Certification along with the batteries producer Discover Battery. Both the firms have got the certification for the safety standards of UL 9540 for energy storage systems (ESS) for Schneider Electric’s XW Pro hybrid inverter and Discover Battery’s Advanced Energy System (AES) LiFePO4 […]

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“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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Ruchira Green to Setup Rs 200 Cr Li-Ion Battery Plant

A leading manufacturer of lithium batteries and allied products, Ruchira Green Earth has announced that it is looking to double its manufacturing capacity of Lithium-ion batteries by setting up a Li-ion batteries plant worth Rs 200 Crores. This will support the Aatmanirbhar Bharat Abhiyan and increase the domestic EV manufacturing opportunities in the country. As […]

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