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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […]

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CNGR, Al Mada Partner For $2 Billion EV Battery Plant in Morocco

Chinese battery components manufacturer CNGR Advanced Material and the African private investment firm Al Mada have unveiled plans to establish an industrial hub in Jorf Lasfar, Morocco. This project will entail an investment of $2 billion. This collaborative endeavor was officially disclosed through a joint statement by the two firms. The two entities are currently […]

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Sterlite Power Acquires Beawar Transmission Limited Project from REC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited- a wholly owned subsidiary of Rural Electricity Corporation. The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) […]

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Suzlon Bags 29.4 MW Wind Power Order from BrightNight

Suzlon Group, a renewable energy solutions provider, has announced a new order win for the development of a 29.4 MW of wind installed capacity for 100 MW co‐located wind‐solar hybrid project of BrightNight, a global renewable power producer. Suzlon will install 14 units of their S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials

LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […]

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2023 To See China, India EV Sales Go Beyond 10 Million For First Time

Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […]

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Japan Researchers Study Potential Of Potassium-Ion Batteries

A research team from the Tokyo University of Science- (TUS), Japan, has recently conducted a study to gain insights into Potassium-ion batteries (KIBs), an alternative to conventional Lithium-ion batteries. The results of the study was recently published in Angewandte Chemie International Edition. Lithium-ion batteries have gained major traction with the increased deployment of electric vehicles (EVs) […]

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