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lithium

JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects

Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […]

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EIT InnoEnergy and Demeter Launched Battery Raw Material Fund

EIT InnoEnergy, the innovation wing for sustainable energy supported by the European Institute of Innovation & Technology (EIT), is a body of the European Union (EU), Demeter Investment Managers, a major European private equity and venture capital firm. Recently, they announced the launch of a fund dedicated to the development of a resilient and diverse […]

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Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report

A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […]

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International Battery Company Raises $35mn In Pre-Series A Round

International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […]

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Our Atomic Energy Batteries Can Last For 50 Years Without Charge: Betavolt

A Chinese company, ‘Betavolt New Energy Technology’ recently developed a miniature atomic energy battery. This product combined nickel 63 nuclear isotope decay technology and China’s first diamond semiconductor (4th generation semiconductor) module. It was combined to realize the miniaturization of atomic energy batteries, modularization and low cost, starting the process of civilian use. This marked […]

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5 Ways Lower Storage Costs Will Affect Solar Deployment

Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […]

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Harvard Develops Fast Charging Batteries Lasting 6,000 Cycles

Researchers from Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new lithium metal battery with improved charging speed. This battery can be charged and discharged at least 6,000 times — more than any other pouch battery cell — and can be recharged within minutes. The research, published in Nature Materials, not only describes a […]

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Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat

Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […]

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EVIFY Raises $1.3 Million From Piper Serica Angel Fund

EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round.  The startup, EVIFY […]

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