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End user recap: Altech boosts silumina anodes 8x for rising demand in silicon-powered EV batteries

EDITED BY : 4MINS READ

Altech Batteries is dramatically growing its silumina anodes battery project, boosting production from 15 gigawatt hours (GWh) to an astonishing 120 GWh. This capacity increase, achieved during the final phases of the definitive feasibility study (DFS), is intended to address the increasing demand for silicon-type anodes in the electric vehicle (EV) industry. Satish Pai, Managing Director of Hindalco Industries, said the business intends to invest between INR 4,000 and INR 5,000 crore yearly. To the greatest extent feasible, the aluminium manufacturer is attempting to finish the projects using funds produced by the company's activities. Hindalco is planning a significant capital expenditure effort in addition to the previously announced INR 8,000 crore investments in a new alumina refinery and a 150-MW captive power plant. Mingdao Aluminium Taizhou Base's rooftop solar project's second phase was recently completed and fully deployed. It will provide a consistent supply of clean energy to the industrial sector, ushering in a new age of green energy promotion for the company.

End user recap: Altech boosts silumina anodes 8x for rising demand in silicon-powered EV batteries

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Altech Batteries is significantly expanding its silumina anodes battery project, increasing its output from 15 gigawatt hours (GWh) to an impressive 120 GWh. This surge in capacity, achieved during the final stages of the definitive feasibility study (DFS), is aimed at meeting the growing demand for silicon-type anodes in the electric vehicle (EV) market.

To know more: https://bitly.ws/32DNi

According to the Managing Director of Hindalco Industries, Satish Pai, the company plans to inject between INR 4,000 and INR 5,000 crore annually. As much as possible, the aluminium producer is trying to complete the projects with cash generated from the company's operations

To know more: https://bitly.ws/32DNm

The second phase of Mingdao Aluminum Taizhou Base's rooftop solar project was recently finished and formally implemented. It will offer the manufacturing industry a constant source of clean energy, ushering in a new era of green energy promotion for the firm.

To know more: https://bitly.ws/32DNw

On November 15, announcements emerged from low-carbon aluminium maker Hydro's headquarters that the company will now aid Watt Electric Vehicle Company (WEVC) in manufacturing their flagship electric vans. The commercial electric van startup will be exploring the feasibility of the Norwegian giant's recycled and low-carbon aluminium.

To know more: https://bitly.ws/32DNI

The pressure is escalating on the United States carmaker Tesla in Sweden from unions supporting mechanics to reach a collective bargaining agreement, with workers at one of Tesla's suppliers poised to initiate a strike next week, amplifying the challenges for the company.

To know more: https://bitly.ws/32DNP

Aluminium shipbuilder Austal Australia and Harland & Wolff Group have signed a MoU to explore shipbuilding opportunities in the UK. An agreement was signed at the 2023 Indo-Pacific Maritime Exposition in Sydney, which outlines the transfer of technology, skills, and shipyard capabilities required to build the next generation of patrol vessels for the United Kingdom's maritime security agencies.

To know more: https://bitly.ws/32DP6

Lorillard's Fusia redefines mixed wood-aluminium joinery with patented innovations, offering a blend of aesthetics and durability. The modular design of Fusia allows flexible glazing compositions, ranging from 28mm to 40mm thick while achieving a seamless alignment of fixed and opening parts for a contemporary appearance.

To know more: https://bitly.ws/32DPe

SolarAfrica, a renewable energy company, is set to commence the construction of its solar farm project in the Northern Cape following the allocation of an Eskom grid budget quote (BQ). This BQ is a key component of Eskom's strategy to integrate additional renewable energy megawatts from independent power producers into the grid, aiming to meet demand and enhance the national energy supply security.

To know more: https://bitly.ws/32DPq

Ex-Apple employees' brand Humane showcased its AI Pin in an international event on November 9. The Coperni SS24 show in Paris was enlightened by the presence of co-founder Imran Chaudhri, who presented the device on a global platform. Humane's AI Pin sports an anodized aluminium outer casing, which makes it sustainable and eco-friendly.

To know more: https://bitly.ws/32DP

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