Sosteneo to acquire 49 percent of Enel’s battery business

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Multinational power company, Enel S.p.(Enel) on Friday announced that it has signed an agreement with Sosteneo Fund 1 HoldCo (Sosteneo) to acquire 49 percent of ...

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Bekaert and Toshiba ink MoU on MEA technology for PEM electrolyzers

Bekaert and Toshiba Corporation's energy arm, Toshiba Energy Systems and Solutions (Toshiba ESS)have entered into a global partnership that includes a strategic cooperation agreeme...

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L&T commissions its first indigenously manufactured hydrogen electrolyzer

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Homegrown multinational company, L&T on Friday (March 1) said that it commissioned its first indigenously manufactured electrolyzer at the Green Hydrogen Plant at A M Naik Heav...

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India gets first indigenous green hydrogen fuel cell inland waterway vessel

Prime Minister Modi on Wednesday (Feb. 28) launched the country's first indigenous green hydrogen fuel cell inland waterway vessel under the Harit Nauka initiative in Tamil Nadu's ...

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Hydrovolt, Fortum Battery Recycling partner to champion battery recycling in the Nordic region

Hydrovolt and Fortum Battery Recycling, two battery recycling pioneers have signed an agreement to facilitate clean electrification and advance the Nordic battery recycling in...

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Strata secures $559 million in financing for 1GWh battery energy storage project

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Grid-scale energy storage solution provider, Strata Clean Energy (Strata) has secured $559 million in financing from a consortium of leading financial institutions for the construc...

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Lyten’s lithium-sulfur batteries to power Chrysler’s Halcyon Concept EV

Lithium-sulfur battery technology developer, Lyten on Monday said it has been selected to power Chrysler's visionary Halcyon Concept electric vehicle. The supermaterial applic...

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Indus Towers in partnership with IIT Madras launches green hydrogen and BMS R&D labs

Indus Towers, one of the leading telecom towers companies in the world in partnership with the Indian Institute of Technology, Madras (IIT-M) launched R&D labs for gr...

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TVS Motor Company's Singapore arm increases stake in Germany’s Killwatt GmbH to 49 percent

Leading two-wheeler and three-wheeler manufacturer globally, TVS Motor Company's Singapore-based arm has acquired an additional 8,000 equity shares for €4 million in Killwatt GmbH,...

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South 8 Technologies demonstrates LMNO battery electrolyte

South 8 Technologies Inc (South 8), a San Diego-based developer of LiGas, a novel liquefied gas electrolyte used for advanced lithium-ion batteries announced that it has demon...

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Yulu raises $19.25 million from existing investors Magna and Bajaj Auto

Yulu, India's leading shared micro-mobility service provider has raised $19.25 million in equity funding from its existing strategic investors Magna and Bajaj Auto Ltd. The company...

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India finalizes mechanism for operationalizing VGF for the deployment of battery energy storage

The Union Minister of Power, New & Renewable Energy, R. K. Singh, on Thursday (Feb. 22) held a meeting to finalize the structure for operationalizing the Viability Gap Funding ...

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VinFast gears up to break ground for an integrated EV facility in Tamil Nadu

Vietnam's leading electric auto manufacturer, VinFast, has announced that will break ground for its integrated electric vehicle manufacturing facility in Thoothukudi City...

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Blue Planet acquires majority stake in Mahindra Waste to Energy Solutions

Singapore-based waste management company, Blue Planet Environmental Solutions (Blue Planet) announced that it has acquired a majority stake in Mahindra Waste To...

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LG Energy signs second offtake agreement with WesCEF to secure stable supply of lithium

LG Energy Solutions, one of the leading producers of lithium-ion batteries for automotive, IT, and energy storage systems on Wednesday announced that it has sig...

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IOC increases holdings in Phinergy to 17%; Move to fortify Phinergy’s telecom backup power biz

Indian Oil Corporation Ltd (IOC), India's state-owned multinational energy company has completed the second round of investment in Israel-based, Phinergy, bringing its holding in t...

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ACC PLI: MHI convenes pre-bid meeting for remaining 10GWh of ACC manufacturing

The Ministry of Heavy Industries has successfully concluded a pre-bid meeting for the remaining 10GWh of advanced chemistry cells (ACC) manufacturing capacity under the A...

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Joby set to soar Dubai skyline; Secures six-year exclusive deal to operate air taxis in Dubai

An image of Joby Aircraft at the recently held World Government Summit in Dubai.

Joby Aviation Inc. (Joby), a California-based developer of all-electric aircraft for commercial passenger service has signed a definitive agreement with the Dubai Road and Transpor...

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Panasonic Energy partners with NOVONIX for securing supply of synthetic graphite

An image of Novonix's proprietary graphite furnace.

Panasonic Energy (Panasonic Group), the global leader in innovative battery technology said that it has signed a binding offtake agreement with Australia-based NOVONIX Lt...

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GFL to invest ₹60 billion in GFCL EV; eyes global EV/ ESS battery supply chain

GFCL EV Products Ltd (GFCL EV), a wholly owned subsidiary of leading Indian chemical company, Gujarat Fluorochemicals Ltd (GFL), has announced an investment of a whopping INR 6000 ...

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Galp and Powin join forces for a major energy storage project in Portugal

Portuguese multinational energy corporation, Galp, and US-based energy storage system provider, Powin LLC, (Powin) have partnered to install a 5MW/20MWh utility-scale battery ...

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Omega Seiki and Attero join forces to tackle EV battery waste

Electric vehicle manufacturing firm, Omega Seiki Mobility (Omega Seiki) on Tuesday announced it has signed an agreement with Attero, India's largest lithium-ion battery recycl...

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Recyclekaro partners with BARC to produce copper oxide nanoparticles from e-waste

Battery Recycling firm, Recyclekaro has signed a Memorandum of Understanding (MoU) with India's premier nuclear research facility, Bhabha Atomic Research Centre (BARC), for produci...

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Gensol Engineering raises INR 9 billion in equity capital

Solar EPC, EV manufacturing, and EV leasing service provider Gensol Engineering Ltd (Gensol) on Tuesday announced it has raised INR 9 billion in equity capital through a preferenti...

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Alcemi secures permission for 3GWh battery energy storage projects

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UK-based battery storage developer, Alcemi has secured planning permission for 1.5GW of battery energy storage projects, including one of the largest projects of its kind. The two ...

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Battery recycling in India: Unlocking the value in used EV batteries

The electric vehicle industry in India has reached an inflection point. In FY 2023, over a million EVs were sold in India accounting for 6.38 percent of the total auto sales in the...

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Electric carmaker Rimac expands into stationary energy storage biz

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Croatian electric carmaker Rimac Technology on Wednesday announced it is expanding into producing stationary energy storage systems through its new subdivision, Rimac Ene...

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NGEL signs MoU with Maharashtra Govt. for development of RE, pumped storage, and GH2 projects

Chief Executive Officer, NGEL, Mohit Bhargava, and Deputy Secretary (Energy), Narayan Karad exchanged MoU with the Government of Maharashtra in the presence of Chief Minister of Maharashtra Eknath Shinde, Deputy Chief Minister of Maharashtra, Devendra Fadnavis and other senior officials on January 29, 2024.

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC on Tuesday (Jan. 30) signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for developin...

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Iveco selects BASF as a recycling partner for its electric vehicle batteries

Italian multinational transport vehicle manufacturing company, Iveco Group announced it has selected the world's leading chemical company, BASF as its partner to provide recycling ...

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Archer Aviation, NASA join forces for mission-critical eVTOL aircraft technologies

Archer Aviation's production aircraft, Midnight -- a pilot-plus-four-passenger eVTOL aircraft.

Archer Aviation, a Santa Clara-based leading developer of electric vehicle takeoff and landing (eVTOL) aircraft for use in urban air mobility, has signed a Space Act Agreement...

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