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KPIT Technologies, Trentar Energy collaborate on sodium-ion battery technology

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KPIT Technologies and Trentar Energy Solutions have entered into a collaboration for the development and commercialisation of sodium-ion battery technology. As part of this agreement, KPIT will transfer its sodium-ion battery technology to Trentar, which will focus on scaling up production and operationalising the technology. Under the technology transfer agreement, Trentar will invest in the establishment of a 3 GWh sodium-ion battery manufacturing facility. In return, KPIT will receive upfront technology transfer fees along with…

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Andhra Pradesh unveils Sustainable Electric Mobility Policy 4.0

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Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0 (2024-2029) to establish itself as a global hub for electric vehicle (EV) manufacturing and achieve carbon neutrality (Scope 1 emissions) by 2047.  The policy targets the registration of 200,000 electric two-wheelers, 10,000 electric three-wheelers, and 20,000 four-wheeler battery EVs, along with a robust charging infrastructure featuring stations every 30 km along green corridors and within a 3×3 km grid in e-mobility cities. A Rs 5…

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Atul Greentech partners with Exide Energy Solutions for lithium-ion battery supply

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Atul Greentech, a subsidiary of Atul Auto, has signed an agreement with Exide Energy Solutions (EESL) to source lithium-ion battery packs from EESL’s facility in Prantij, Gujarat. The agreement also includes sourcing lithium-ion cells once EESL begins production at its Bangalore facility. This partnership aims to enhance India’s self-reliance in the EV sector, integrating domestically manufactured lithium-ion cells to promote sustainable and innovative electric mobility solutions.  Atul Auto, known for its three-wheelers, operates in both…

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EIB grants €120 million loan to Iberdrola for energy innovation in Spain

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The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support research and innovation in energy technologies, focusing on accelerating electrification and decarbonisation. The total investment associated with these initiatives amounts to €250 million. The funding will be directed toward the development of renewable energy technologies, including solar photovoltaic, hydro, wind power, hybrid, and agrovoltaic projects. It will also support research into decarbonisation technologies such as green hydrogen and heat…

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India to drive global energy demand by 2035, says IEA

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India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024.  The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase oil demand by nearly 2…