lithium

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Tata Invests in Lithium-Free Battery Startup Alsym in Boston

Boston-area startup Alsym Energy has raised $78 million in new funding to increase headcount and ramp up prototyping of its non-flammable rechargeable battery technology....

April 4, 2024

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Arshreet Singh

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Energy Storage

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Market & Policy
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Renewables Account for a Record 59.7% of Germany’s Electricity Consumption

In a first, renewables covered the majority of electricity consumption in Germany, accounting for nearly 59.7% of the net public electricity generation in 2023. The...

January 19, 2024

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Arshreet Singh

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Other

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Renewable Energy
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Battery Startup IBC Raises $35 Million to Fund Factory in Bengaluru

International Battery Company (IBC), a lithium-ion battery startup, raised $35 million (₹2.91 billion) in a pre-series A round led by RTP Global, a venture capital firm...

January 18, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Open Access Solar Surge in Chhattisgarh

Chhattisgarh, which has traditionally relied on coal sources for its energy requirements, has recently seen a surge in solar capacity additions, accounting for about 5%...

January 17, 2024

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Mercom Staff

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Daily Wrap-up
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India Signs ₹2 Billion Lithium Exploration Pact with Argentina

Khanij Bidesh India (KABIL) has signed an agreement with the Argentina-based mining company Catamarca Minera Y Energetica Sociedad Del Estado (CAMYEN SE) for the...

January 16, 2024

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Arshreet Singh

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Other

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Renewable Energy
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Daily News Wrap-Up: Draft Eligibility Criteria For Accredited Carbon Verification Agencies

The Bureau of Energy Efficiency (BEE) issued a draft Accreditation Procedure and Eligibility Criteria for Accredited Carbon Verification Agencies (ACV). Stakeholders can...

November 15, 2023

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Mercom Staff

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Daily Wrap-up
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ExxonMobil Drills for Lithium in Arkansas, Targets First Production for 2027

Global energy and petrochemicals company ExxonMobil Corporation has initiated the lithium drilling process in southwest Arkansas, in the United States, which houses...

November 14, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: Solar Accounts for 16% of Total Installed Power Capacity in Q3

Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....

November 13, 2023

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Mercom Staff

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Daily Wrap-up
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Union Cabinet Approves Reduced Royalty Rates for Critical Minerals

The Union Cabinet has approved the amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act), setting reduced royalty...

October 11, 2023

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Staff

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Other

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Renewable Energy
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Government Announces 25% of Project Cost as Incentive for Critical Mineral Exploration

In a bid to enhance the exploration of critical minerals within the country, the government of India has announced a 25% incentive on the approved project cost for...

September 13, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Government Pilots Bill to Allow Private Sector to Mine Critical Minerals

The government introduced a Bill in the Lok Sabha to amend the Mines and Minerals (Development and Regulation) Act to allow the private sector to explore and mine...

July 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Australia Global Leader in Battery Energy Storage Systems: Report

Australia is a leader in the global battery energy storage systems (BESS) market, with the total pipeline of announced projects surpassing 40 GW, according to the latest...

July 25, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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CATL Commits $1.4 Billion to Develop Lithium Production Plants in Bolivia

China-based battery manufacturing and technology company Contemporary Amperex Technology (CATL) has pledged an investment of $1.4 billion to build two lithium production...

June 20, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Daily News-Wrap Up: The TOPCon vs. MonoPERC Conundrum for Module Makers

Solar module technology has been evolving so rapidly that Indian manufacturers, relying on importing the production lines mainly from China, are caught between the fear...

May 10, 2023

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Mercom Staff

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Daily Wrap-up
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Large Lithium Deposits Discovered in Rajasthan, say GSI Officials

Months after the Geological Survey of India (GSI) announced the discovery of lithium reserves in Jammu and Kashmir (J&K), officials in the Rajasthan government said...

May 9, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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