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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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Making battery energy storage an integral part of ‘Net-Zero’ – ET Auto

Baua Electric

A McKinsey report estimates that the market size of global BES systems industry can touch USD 150 billion by 2030. With this background, Sodium-ion (Na-ion) technology is emerging as a credible alternative. Additionally, it is important to pool in low-cost financing options for renewable energy projects consisting of BES.

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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.

India 52
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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