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A stock market filing by Oracle Power has revealed that the Sindh state government of Pakistan has accorded ‘comprehensive permission’ to Oracle Energy for the development of a 400 MW green hydrogen project. The carbon-free hydrogen facility will be supplied with electricity by 500 MW of wind energy and 700 MW of solar facilities that […]
DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […]
The researchers from Skoltech and Lomonosov Moscow State University have developed a material for sodium-ion batteries which offer an alternative to the increasingly expensive lithium-ion tech. In an official statement, the University said that the new material is a powder of sodium-vanadium phosphate fluoride with a particular crystal structure. It’s used in the battery cathode […]
Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […]
Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […]
Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […]
British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the […]
Bengaluru-headquartered EV start-up company, Exponent Energy has announced partnership with Alitigreen for launching a new EV three-wheeler. Through this collaboration, both the companies (Exponent Energy and Alitigreen) will make rapid charging a reality for EVs on Indian roads. They claim that the fastest charging electric 3- wheeler rapid charges from 0-100% battery capacity within 15 […]
Leading tyre manufacturer, Apollo Tyres has announced that it has launched specific tyres for electric vehicles for both passenger vehicles and two-wheelers. The company has introduced Apollo Amperion range of tyres for the PV segment while the Apollo WAV range for the two-wheelers, have been added to the Indian market. Apollo claims that Amperion has […]
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