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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

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Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide. Lithium processing is presently concentrated in a small number of regions in the world. —Mangrove’s CEO Saad Dara.

Sodium 221
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Top 5 Electric Vehicle Start-Ups in India

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Gadkari also stated that 100 % lithium-ion batteries, which are a critical component in electric vehicles, will be manufactured in India, while the government also conducts research on other readily available materials for batteries such as aluminium ion, sodium ion, steel ion, and zinc ion.

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CalSEED awards $4.2M to early-stage clean energy innovations

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This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. Gridware Inc is developing industrial IOT systems and risk simulation software for utilities that own and maintain electricity distribution grids.

Clean 371