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Hynfra and Amarenco MENA form strategic partnership to produce hydrogen and ammonia in MENA region

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Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North Africa and part of Amarenco Group. The area has high solar radiation levels, making it an ideal location for large-scale solar energy production.

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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

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Estonian startup UP Catalyst secures €2.09M; sustainable carbon nanomaterials and graphite from CO2

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The pre-seed round was led by Sunly, a developer of wind and solar parks in the Baltics and Poland, and joined by Scottish Baltic Invest, an investment company linked to Interconnect Product Assembly (IPA), which specializes in the production of electro-mechanical solutions; and Little Green Fund that focuses on investments in cleantech innovation.

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Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network

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Together with the local partners Thonburi Automotive Assembly Plant (TAAP) and Thonburi Energy Storage Systems (TESM), Mercedes-Benz AG has invested a total of more than €100 million in the battery production and a plant expansion of the existing vehicle production plant. The plant works closely with the Mercedes-Benz Energy GmbH.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

Semiconductors, green hydrogen, renewable energy, electronics, MSMEs, and electric mobility are some of the focus areas for the summit. Mukesh Ambani, Chairperson of Reliance Industries said USD 150 billion was invested in creating capacities in India and more than one third of Reliance’s total investment has been routed to the state.

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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

The latter two have witnessed a much stronger traction in the industry due to the government’s FAME (Faster Adoption of Manufacturing of Hybrid and Electric Vehicles) policy. Moreover, TACO supplies battery energy storage systems to Tata Power, capitalising on their knowledge of making battery packs and BMS.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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A similar plant in China and Poland would cost an estimated $112 million and $65 million, respectively. Precursor material produced at plants in the DRC could be cost competitive with material produced in China and Poland but with a lower environmental footprint. —James Frith, head of energy storage at BNEF.

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