Russia’s Rosatom has established an industry integrator in the energy storage business area, to be known as RENERA, based on Fuel Company Tvel’s Cathode Materials enterprise. The main product will be lithium-ion traction batteries for electric transport, as well as stationary systems for energy storage (products for emergency and uninterrupted power supply), storage systems for […]
Russian nuclear power major Rosatom enters energy storage business
The newly incorporated RENERA will develop and trade module type lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency power supply, renewable energy resources and smoothing load demand. Chennai: Russia’s integrated nuclear power major Rosatom has floated a new subsidiary RENERA to develop and market lithium-ion traction batteries for electric […]
Uzbekistan to double power generating capacity, go heavy on renewables
The former Soviet republic of 34 million aims to increase its capacity to 29.3 gigawatts (GW) from the current 12.9 GW, and rely less on natural gas, which dominates its power mix at present, it said in a strategic plan\ TASHKENT: Uzbekistan plans to more than double its power generating capacity over the next 10 […]
Australia’s Prospect Resources in talks to sell stake, lithium supply to Russia’s Rosatom
Australian lithium developer Prospect Resources Ltd (PSC.AX) said on Thursday it has signed a memorandum of understanding with a unit of Russia’s Rosatom that could see the latter buy a stake in Prospect as well as supplies of the sought-after metal. The discussions are with Uranium One, a wholly owned subsidiary of the Russian state […]
Russia’s Rosatom may buy controlling stake in Chile lithium project
MOSCOW/SANTIAGO: Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd (WML.V), the Canada-listed company said on Tuesday. Under a deal struck with Wealth, the Russian nuclear firm has the option to purchase up to a […]