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Exide and Leclanché launch Li-ion battery JV in India

Green Car Congress

Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. Additional to China, Brazil ($7.6 As in previous years, the market in 2014 was dominated by record investments in solar and wind, which accounted for 92% of overall investment in renewable power and fuels.

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