Eos Energy secures $398.6M conditional loan from U.S. DOE’s Loan Program Office

Eos Energy Enterprises (Eos) on Thursday said it has secured a conditional commitment for a loan up to $398.6 million from the U.S. Department of Energy's (US DOE) Loan Program Off...

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Battery materials recycling firm Redwood Materials raises $1 billion

US-based battery materials recycling firm, Redwood Materials on Tuesday announced it has raised $1 billion in the latest equity funding round. Founded by former Tesla executive Jef...

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Automotive battery provider Clarios to acquire Paragon’s battery unit

Automotive battery solutions provider, Clarios on Wednesday (August 30) announced it will purchase Paragon GmbH & Co. KGaA's power business that produces batteries and bat...

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Reliance Industries battery giga factory to be set up by 2026; to produce LFP battery solutions

Reliance Industries Ltd (RIL) on Monday (August 28) announced that it will enter battery manufacturing ecosystem with LFP (lithium iron phosphate) battery solutions and will&n...

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Auto-electrical components manufacturer, Lucas TVS eyes li-ion battery manufacturing

Joining the growing list of companies venturing into battery cell manufacturing in India, motor vehicle manufacturing company, Lucas TVS on Saturday (August 26) announced it will b...

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MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ...

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Bengaluru-based Nsure to foray into lithium-ion cell manufacturing; 1GWh plant set to come up in Karnataka

Nsure Energy and International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) signed an agreement for Technical Know-How Transfer and Training in November 2021 to support indigenization efforts.

Bengaluru-based Nsure Reliable Power Solutions (Nsure) on Wednesday announced it will soon be entering into lithium-ion cell manufacturing in India with an initial production ...

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GM invests in AI-enabled battery material innovator Mitra Chem

AI-enabled battery materials innovator, Mitra Future Technologies (Mitra Chem) has completed a $40 million first close of $60 million Series B funding round led by General Motors (...

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JLR’s used EV batteries to power one of the largest energy storage systems in the UK

With its ambition to adopt circular economy principles, Jaguar Land Rover (JLR) has announced it will use second-life Jaguar I-PACE batteries to develop one of the largest ene...

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EarthEn secures U.S. DOE support for its supercritical CO2-based energy storage technology

US-based energy storage startup, EarthEn recently announced that it has secured first-of-its-kind funding by the Office of Electricity, U.S. Department of Energy (DOE) along with t...

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Stellantis bolsters electric future with $100M investment in CTR

Leading multinational automaker Stellantis N.V. has announced an investment of more than $100 million in battery-grade lithium producer, Controlled Thermal Resources Holdings (CTR)...

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In a first, NTPC begins trial run of hydrogen buses in Leh

With the aim of achieving a carbon neutral Ladakh, India's state-run power giant, NTPC on Friday (August 18) announced it has started trial run of hydrogen buses in Leh. As pa...

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Long duration energy storage: NYSERDA awards nearly $15 million to four demonstration projects

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The Governor of New York, Kathy Hochul on Thursday (August 17) announced nearly $15 million awards to four demonstration projects for advancing long duration energy storage (LDES) ...

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Acer expands into energy storage biz; picks up 11% stake in C-Life Technologies

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Multinational hardware and electronics company, Acer Inc on Thursday (August 3) announced that its Board of Directors have given approval for the investment in C-Lif...

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Temasek invests INR 1200 crore in Mahindra’s EV subsidiary; raises stake

Global investment firm head-quartered in Singapore, Temasek has signed an agreement to invest INR 1,200 crore in Mahindra's electric vehicle subsidiary Mahindra Electric Automobile...

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IBC to set up recyclable lithium-ion battery manufacturing unit in Karnataka

International Battery Company signs MoU with Govt. of Karnataka on Tuesday, August 1.

US-based International Battery Company (IBC) has signed an investment pact with the Government of Karnataka to build a recyclable lithium-ion battery manufacturing f...

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World’s first EVx gravity energy storage system begins operations in China

Gravity-based energy storage solutions provider, Energy Vault announced that the world's first grid-scale gravity energy storage system EVx has entered the first phase of...

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Vistra completes phase III expansion of Moss Landing Energy Storage Facility

The Moss Landing Energy Storage Facility in California. Source: Vistra

Texas-based power company Vistra Corp. on Tuesday announced the completion of phase III 350MW/1400MWh expansion of the Moss Landing Energy Storage Facility in California.The phase ...

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What after FAME II? IEMC brings industry stakeholders together to discuss way forward

With the objective to ensure sustained growth of EV adoption in India, more than 80 EV industry players have gathered in New Delhi today to propose a holistic reconsideration of de...

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BMTC introduces Tata Motor's smart e-buses in its fleet

TML Smart City Mobility Solutions a wholly owned subsidiary of Tata Motors has signed an order to supply, operate, and maintain 921 electric buses from the Bengaluru Metropolitan T...

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Brookfield and Reliance Industries to manufacture clean energy equipment in Australia

Leading global asset management company, Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with India's largest private sector company, Reliance Industries...

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In a first, IFC to lend US$180 million to develop greenfield lithium operations

The International Finance Corporation (IFC) has announced that it will give a loan of up to $180 million to Alkem Ltd., a leading producer of lithium, for the development of Sal de...

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The largest solar battery energy storage project in Latin America begins operations

In a historic milestone, AES Andes began commercial operations of Andes Solar llb, a 180MW solar/112MW battery storage system – the largest in Latin America -- earlier th...

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Next-gen energy storage: Asahi Kasei licenses manufacturing technology for lithium-ion capacitors

Understanding well that the demand for energy storage devices will continue to grow owing to the adoption of electric mobility and increased integration of renewables into the grid...

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WEX Venture Capital seeks to invest up to $100M in startups focused on fleet electrification

The Board of Directors of Portland-based WEX on Thursday announced the establishment of its new investment arm, WEX Venture Capital to invest up to $100 million by the end of 2025 ...

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IBIS research project unveils breakthrough battery for auto and stationary storage applications

Intelligent Battery Integrated System (IBIS) a joint corporate and academic research project by CNRS (French National Center for Scientific Research), Stellantis and Saft unveiled ...

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ProLogium, MAHLE partner for solid-state battery solutions

Taiwanese solid-state battery manufacturer, ProLogium Technology Co. (ProLogium) on Tuesday signed a memorandum of understanding with MAHLE GmbH (MAHLE) for the development of the ...

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Nexeon’s silicon anode materials to power Panasonic’s EV batteries in the US

UK-based leading manufacturer of advanced silicon anode materials for lithium-ion batteries, Nexeon on Tuesday announced that it has entered a long-term supply agreement ...

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Corre Energy expands into US Market with 280MW energy storage project in Texas

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Corre Energy's North American subsidiary on Tuesday announced it has entered in an exclusive agreement to acquire a 280MW/4.2GWh compressed air energy storage project from Texas-ba...

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Electrovaya launches Infinity-HV battery for heavy-duty applications

Ontario-based lithium-ion battery manufacturer Electrovaya Inc. (Electrovaya) has launched Infinity-HV battery systems for heavy duty applications. Building on its existi...

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