Energy storage

Bhago Mobility Solutions, the green energy vertical of automotive parts manufacturer Modern Automotive, will invest $16 million in a partnership with Pastiche. They plan to jointly develop solid-state and lithium-ion batteries for electric mobility and energy storage.

India should focus on developing and manufacturing battery storage chemistries that are locally suitable in terms of economic, environmental and social considerations, Minister of Road Transport Nitin Gadkari said at India Energy Storage Week 2022 in New Delhi.

The IIT Kanpur-incubated startup has introduced ZincGel battery technology that offers energy efficiency at par with lithium-ion products but with twice the lifecycle and negligible operational cost, which can lead to significant savings for two-wheeler EV operators.

India’s Gautam Solar says its gel batteries provide a safer, cost-effective, and long-lasting alternative for the energy storage space.

Those put under the waiting list include Mahindra & Mahindra Limited, Exide Industries Limited, Larsen & Toubro Limited, Amara Raja Batteries Limited, and India Power Corporation Limited.

The two nations together supply 96% of India’s lithium-ion cell and battery imports and almost 70% of non-rechargeable lithium products.

Under their clean energy partnership, both countries also agreed to cooperate in the disposal, recycling, and reclamation of valuable materials from batteries, solar panels, turbine blades, and electronics.

The Indian multinational business conglomerate has signed the agreement to buy Netherlands-headquartered lithium iron phosphate (LFP) battery specialist Lithium Werks for US$ 61 million, including funding for future growth.

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.

Luminous’ Li-ON series 1250 inverter with integrated lithium-ion battery is a compact, safe, efficient power backup solution for retail and domestic applications. Its lithium battery has three times longer life than conventional batteries.