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Rincell Corporation raises USD 1.2 m seed round investment – ET Auto

Baua Electric

About the investment in Rincell, Sandiip Bhammer said, “Our investment in Rincell reflects a commitment to pioneering technologies that are set to revolutionize global energy storage and supply.” ” New Delhi: Rincell Corporation , an advanced chemistry battery cell manufacturer, has raised USD 1.2

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). Commercializing 3D Printable Feedstocks for the Advanced Manufacturing of Energy Products, $300,000 MilliporeSigma, St. Louis , Mo. Niskayuna, N.Y.

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Hyundai Motor and Kia collaborate with Next Hydrogen to develop advanced alkaline water electrolysis system

Green Car Congress

Hyundai Motor Company and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., Hyundai Motor and Kia will also oversee the test performance of the new stack.

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Haldor Topsøe acquires 18% of Na-ion battery company Faradion Ltd

Green Car Congress

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

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GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

GE Chairman and CEO Jeff Immelt shows a sodium-metal halide battery cell at the press conference announcing the battery plant. GE says the planned facility will produce approximately 10 million sodium-metal halide cells each year—equivalent to 900 MWh of energy storage, or enough to support 1,000 GE hybrid locomotives. Earlier post.).

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Skyonic awards $117M construction contract to Toyo-Thai-USA for commercial-scale carbon capture and utilization plant

Green Car Congress

Skyonic Corporation, developer of the SkyMine mineralization process which can serve as a potential replacement for existing scrubber technology ( earlier post ), recently awarded the $117M construction contract for the Capitol SkyMine plant in San Antonio, Texas, to Toyo-Thai-USA Corporation (TTUS).

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Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

Baua Electric

The two companies signed a Memorandum of Understanding to become leasing partners and ensure more BYD passenger and light commercial EVs are available to drivers. BYD’s advanced innovations in electric technology for vehicles and Arval’s expertise in long-term corporate car leasing are mutually beneficial.

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