RCRS Innovations to scale lithium battery manufacturing capacity, launch new product lines
Noida-based RCRS Innovations Ltd, the parent company of lithium-ion battery manufacturer EXEGI, plans giga-scale expansion. It will also launch container-sized energy storage solutions with megawatt-hour level capacities and add TOPCon products to its range of solar panels.
Himadri Speciality Chemical acquires 40% stake in Invati Creations
Himadri Speciality Chemical has acquired 40% stake in Invati Creations, a company focused on engineering Lithium-ion electrode materials. The acquisition was done for a consideration of INR 45.16 crore.
GoodEnough Energy to set up 20 GWh battery storage factory in Jammu & Kashmir
Noida-based GoodEnough Energy will set up a battery energy storage gigafactory with an annual capacity of 20 GWh in Jammu & Kashmir. The factory’s initial capacity of 7 GWh will commence operations by October 2024.
5 ways to recycle Li-ion batteries
Recycling end-of-life lithium-ion batteries can help address the problem of material scarcity by reducing dependence on lithium mining by 25%, and cobalt by 35%. It would also ensure the local availability of recycled critical materials. Here’s a look at the different ways to recycle batteries.
Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany
Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China
Govt tenders 10 GWh of battery cell manufacturing under PLI Scheme
India’s Ministry of Heavy Industries has invited global bids to set up a cumulative 10 GWh of giga-scale advanced chemistry cell (ACC) manufacturing facilities under production-linked incentives scheme. Bidding closes on April 22 and bids will be opened on April 23, 2024.
GODI India to build 12.5 GWh battery cell manufacturing unit in Telangana
GODI India has signed a memorandum of understanding with the state government of Telangana to set up a 12.5 GWh lithium-ion battery cell manufacturing unit with an investment of INR 8,000 crore in Telangana.
Reliance’ green energy giga complex will be ready for commissioning this year, Adani announces further investment in Gujarat
Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Wall-mount lithium battery inverters from Exide
Exide has forayed into lithium-ion-based home power backup systems with the launch of wall-mount lithium battery inverters in 450 W and 720 W sizes.
Investigators still uncertain about cause of 30 kWh battery explosion in Germany
A lithium iron phosphate (LFP) battery system recently exploded in a home in central Germany, preventing police and insurance investigators from entering due to the high risk of collapse. The explosion may have been preceded by off-gassing, but it remains unclear whether an external ignition source was the cause. Some scientists say thermal runaway may have triggered the blast.
