Amara Raja signs LFP battery technology deal with China’s Gotion
Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.
Fire at South Korea primary lithium battery factory kills 22
At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.
Waaree Energies to supply bifacial modules for Acciona Energy’s 412.5 MWp solar project in Rajasthan
Waaree Energies has secured a contract to supply its p-type bifacial solar modules for Acciona Energy’s 412.5 MWp (335 MW AC) project in Rajasthan.
Brookfield targets $10 billion of renewable assets under management in India in four years
Brookfield Asset Management targets to more than triple renewable energy assets under management in India to over $10 billion within the next three to four years.
Larsen & Toubro wins 185MW/254MWh solar-plus-storage project in Bihar
Larsen & Toubro (L&T) has secured the contract to build a 185 MW grid-connected solar PV plant along with a 254 MWh battery energy storage system in the Lakshisarai district of Bihar.
GP Eco Solutions makes a stellar debut, lists at 299% premium
Noida-based GP Eco Solutions India Ltd has made a stellar debut on NSE Emerge as its stock was listed at INR 375 against a price band of INR 94 per share. The company will use the funds raised through the IPO to fuel its growth in the solar sector.
China’s battery price war catalyses global energy storage innovation
The plummeting costs of energy storage, driven by China’s relentless price war, are expected to catalyse more economic deployments worldwide. Lithium iron phosphate (LFP) batteries are surging in market share due to their lower costs and higher cycle life compared to nickel-based lithium-ion batteries.
Hindustan Zinc secures supply deal with US-based battery developer
Hindustan Zinc will be the preferred supplier of zinc for the US-based battery company AEsir Technologies.
Amara Raja increases stake in InoBat to 9.32%
Amara Raja Energy & Mobility has increased its stake in EV battery specialist InoBat to 9.32% with a further investment of EUR 20 million into the company.
AMPIN Energy Transition wins its third consecutive utility bid within a month
AMPIN Energy Transition (formerly Amp Energy India) has won a 246 MWp wind-solar hybrid project in an auction by Solar Energy Corp. of India (SECI). This marks its third utility-scale renewable energy project win within a month.
