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Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe

Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the  increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […]

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Fluence Energy Announces Technology Center in Bangalore for Global Support

Energy storage technology and services provider, Fluence Energy has announced its new global technology center in Bangalore, India. Fluence India Technology Centre will mark local presence in India. Along with this initiative, the company is also looking to enhance its technical capabilities and expand global talent to support product strategy execution. As per the company, […]

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ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A

A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […]

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NTPC, GACL will collaborate for renewable energy, green chemicals

NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by […]

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Jakson Group Launches Jakson Green, Signaling New Green Reality

Jakson Group, one of India’s leading energy and infrastructure company, has today announced its new venture Jakson Green Pvt Limited (JGPL).  Jakson Green Pvt Limited will focus on Green Hydrogen & Ammonia, Waste to Energy, Electrolysers and Fuel cells, Utility-scale Battery Energy Storage Systems(BESS), Solar and related Operation & Maintenance services across all these lines […]

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Hindustan Power Exchange Commences Operations

India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […]

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GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region

The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […]

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Delhi’s Roads Get New 200 EV Three Wheelers From Three Wheels United

Karnataka-based EV tech-enhanced financier, Three Wheels United (TWU) is strengthening its presence in the Delhi EV industry with the deployment of 200 EV three-wheelers in its fleet. To make the transition from conventional to EV three-wheelers as seamless as possible, Three Wheels United has been actively engaging with Delhi auto-rickshaw drivers over the past few […]

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Meta Materials and Coulometrics Join Hands to Develop Next-Generation Batteries

Canada-based smart materials developer, Meta Materials has recently announced collaboration with lithium-ion battery material development company, Coulometrics. Through this partnership, Meta Materials will independently assess its platform technologies for battery applications and make it more powerful next-generation batteries.   President & CEO of Meta Materials, George Palikaras stated, “With the recent strategic acquisitions of Plasma App […]

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