Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up
Norway's Freyr battery (no connection to solar EPC Freyr Energy Solutions in India) has received a grant from Norway's ministry of climate as well as atmosphere, through Enova SF, of NOK-142-million (Rs 1300 crores) to start service a clean battery cell production plant in Mo i Rana, Nordland region. Freyr AS has actually set a target of ending up being a leading battery supplier in Europe, with a 40 GW/h capacity by 2025.
Mar 4, 2021 // Storage, Europe, Norway, ReNew Power, Li-ion Battery, SPAC, EV subsidy, Freyr battery
Exide Boost Risk in Li-ion Battery JV With Leclanche to 80.15%.
Battery manufacturer Exide Industries has actually increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with an additional financial investment of Rs 33.17 crore.
Nov 24, 2020 // Manufacturing News, Storage, India, Asia, Leclanché, EVs, Exide, Exide Stake in Leclanche JV, Li-ion Battery