Battery | 28 December 2023
Exide Industries increases investment in Exide Energy Solutions
Total investment made by the company in EESL stands to Rs. 1,820.01 crore
Total investment made by the company in EESL stands to Rs. 1,820.01 crore
At least 85% of power from VGF-funded BESS projects to be first offered to Discoms
Neogen will set up the plant on this greenfield site to manufacture 30,000 MT of electrolytes and 4,000 MT of electrolyte salts and additives in the first phase
Aligns its strategy with the transformative industry trends in battery chemicals space
The Tennessee plant with 60,000-ton annual production capacity supports U.S. Inflation Reduction Act (IRA) compliance by securing a supply chain from FTA nations for EV tax credit eligibility
The agreement includes the commercial supply finalization of one specific electrolyte additive and initiates the discussion on three others
Hindalco will provide up to 2,000 tons of battery foil to C4V
The company will initially produce 25,000 tonnes of the resilient product which forms the backbone of Lithium ion and Sodium-ion cells
Honeywell’s solution will help enable solar company VIElectron to provide cleaner and more affordable energy
Aleees and IFFCO are also exploring opportunities to build factories in Jordan
Total annual production capacity of the plant will be 200,000 MT
Phase I of the capacity expansion will be of 40,000 MTPA at an estimated cost of Rs. 1,125 crores and to be operational in 27 to 36 months at Odisha
First production expected in 2024
Godi India’s technologies include Aqueous Electrode Processing, Active Dry Coating, and Pranic Binder which are environment friendly and carbon neutral processes
Aims to benefit efficiently from the lithium market and strengthen margin of its additives business
Development of Korea’s first ‘separator coating material manufacturing technology’ based on polymer solid electrolyte
The JV Company shall own the intellectual properties of nano-silicon based products for battery applications
Waaree Technologies will gain the capability to indigenously manufacture high-performance, rechargeable energy storage solutions
FCL now owns 100% of the Georgia Facility and all infrastructure
This facility, with start-up scheduled for 2027, subject to a final investment decision expected by the end of 2024
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