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Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding

Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others.  Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […]

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Pune-Based KPIT Technologies Unveils Sodium-Ion Battery Technology

Pune-based KPIT Technologies, a partner to the automotive and mobility ecosystem, introduced its Sodium (Na)-ion battery technology. The new technology by the battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium batteries. Its builds on and compliments KPIT expertise in software development, integration […]

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Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie

A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […]

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Honeywell to Supply BESS of 124 MWh to US Virgin Islands

Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […]

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LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant

LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […]

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Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility

Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […]

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US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana

United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […]

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Last-mile Micro-mobility Firm inGO Electric Unveils InGO Flee 2.0 At This Price

inGo Electric, a last-mile micro-mobility firm, has launched its latest electric vehicle model inGO Flee 2.0. Priced at INR 62,000 onwards, inGO Flee 2.0 has been designed with a focus on ergonomic design and comfort. inGO Flee 2.0’s shocks stand offer zero maintenance and ensure a smooth ride. It can carry 25kgs on the carrier […]

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ZEVO Introduces Electric Refrigerated Vehicle in Partnership with IIT

Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. Machphy Solutions is a tech firm from […]

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