Envirostream eyes increased recycling revenues after boosting battery volumes
Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.
Sterling Generators, Tecnicas Reunidas to jointly develop electrolyzers for green hydrogen production
India’s Sterling Generators and Spain’s Tecnicas Reunidas have signed an agreement to jointly develop electrolyzers for green hydrogen production in India.
Electrolyzer prices – what to expect
In addition to the cost of electricity, the price of hydrogen depends largely on the up-front investment cost of the electrolyzer. The lower the full-load hours, the greater the impact. Analyst BloombergNEF (BNEF) sees a number of different possible pathways for the market to develop.
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.
Tesla’s new power play
The first installations featuring the Tesla Powerwall 3 are currently being completed in the United States, with the company promoting a fully integrated solar-plus-storage and electric vehicle (EV) residential system, with big backup power capacity. While the first Powerwall created a new market segment, the latest iteration enters a marketplace in oversupply.
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.
The hydrogen stream: Tata Cummins arm inaugurates hydrogen-based internal combustion engine manufacturing facility
TCPL Green Energy Solutions has inaugurated a new manufacturing facility to produce hydrogen-based internal combustion engines for medium and heavy commercial vehicles.
Evaluating the profitability of vanadium flow batteries
Researchers in Italy have estimated the profitability of future vanadium redox flow batteries based on real device and market parameters and found that market evolutions are heading to much more competitive systems, with capital costs down to €260/kWh at a storage duration of 10 hours.
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.
GUVNL tenders for 250 MW/500 MWh standalone battery storage, 1 GW of solar projects
Gujarat Urja Vikas Nigam Ltd (GUVNL) has invited bids to set up 250 MW/500 MWh of standalone battery energy storage systems connected with the State grid. It has also tendered for the development of up to 1 GW of solar power projects.
