BATX gets funding for battery recycling expansion
POWER & RENEWABLE ENERGY

BATX gets funding for battery recycling expansion

BATX, a trailblazer in sustainable battery solutions, has successfully secured a ?5 million funding boost to accelerate its mission of advancing battery recycling technology. The investment comes at a crucial time when the need for eco-friendly disposal of batteries is paramount. The funds will be instrumental in scaling up BATX's operations, enhancing recycling infrastructure, and promoting environmental sustainability. This significant financial injection positions BATX at the forefront of the battery recycling industry. The company is set to utilise the funds to further develop cutting-edge technologies that ensure the responsible disposal of batteries, addressing the growing concern of electronic waste. With a commitment to reducing environmental impact, BATX aims to establish itself as a key player in the global movement towards a circular economy. The ?5 million investment is a testament to BATX's dedication to environmental stewardship and the circular economy model. The company envisions a future where battery recycling is not only a necessity but a seamless and eco-conscious process. Key areas of focus for BATX include research and development, infrastructure enhancement, and strategic partnerships to create a robust and sustainable battery recycling ecosystem.

BATX, a trailblazer in sustainable battery solutions, has successfully secured a ?5 million funding boost to accelerate its mission of advancing battery recycling technology. The investment comes at a crucial time when the need for eco-friendly disposal of batteries is paramount. The funds will be instrumental in scaling up BATX's operations, enhancing recycling infrastructure, and promoting environmental sustainability. This significant financial injection positions BATX at the forefront of the battery recycling industry. The company is set to utilise the funds to further develop cutting-edge technologies that ensure the responsible disposal of batteries, addressing the growing concern of electronic waste. With a commitment to reducing environmental impact, BATX aims to establish itself as a key player in the global movement towards a circular economy. The ?5 million investment is a testament to BATX's dedication to environmental stewardship and the circular economy model. The company envisions a future where battery recycling is not only a necessity but a seamless and eco-conscious process. Key areas of focus for BATX include research and development, infrastructure enhancement, and strategic partnerships to create a robust and sustainable battery recycling ecosystem.

Next Story
Infrastructure Energy

EDF Eyes Renewable Partnerships with NTPC, CIL, and Actis

EDF India has signed non-binding term sheets with NTPC, Coal India Ltd (CIL), and global investor Actis to advance renewable energy projects in India. Under this collaboration, NTPC will develop, own, and operate pumped storage projects (PSPs), standalone hydropower, and hybrid renewable energy projects. EDF has proposed a 50:50 joint venture with NTPC and a separate JV with CIL to pursue PSPs and renewable projects in India and neighboring countries. India’s National Electricity Plan 2023 estimates a need for 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from ..

Next Story
Infrastructure Energy

West Bengal Seeks O&M Bids for 1.891 MW Solar Project

The West Bengal Power Development Corporation (WBPDCL) has invited bids for the comprehensive operation and maintenance (O&M) of a 1.891 MW rooftop solar project at Kolaghat Thermal Power Station for two years. Bids must be submitted by March 29, 2025, and will be opened on April 2. An earnest money deposit of Rs 89,332 is required, and successful bidders must provide a performance bank guarantee of 10% of the contract value within 30 days of the work order issuance. If the accepted bid value is 80% or lower than the estimated value, an additional performance security of 10% is mandatory. ..

Next Story
Infrastructure Energy

EDF Eyes Renewable Partnerships with NTPC, CIL, and Actis

EDF India has signed non-binding term sheets with NTPC, Coal India Ltd (CIL), and global investor Actis to advance renewable energy projects in India. Under this collaboration, NTPC will develop, own, and operate pumped storage projects (PSPs), standalone hydropower, and hybrid renewable energy projects. EDF has proposed a 50:50 joint venture with NTPC and a separate JV with CIL to pursue PSPs and renewable projects in India and neighboring countries. India’s National Electricity Plan 2023 estimates a need for 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?