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Algae.Tec to form JV in China for algae for renewable transportation fuels and carbon capture facility; raising A$5M

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The Kerui Group, based in Shandong Province, in the second-largest oil province in China, has extensive business interests in the People’s Republic of China (PRC) primarily in the manufacturing of oilfield and petroleum industry equipment, and power generation and building facilities. Separately, Algae.Tec Ltd. million shares.

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Exide and Leclanché launch Li-ion battery JV in India

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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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