Lithium-Ion Battery Market to Reach Worth $93.1 Billion by 2025: Grand View Research Updated On Fri, Nov 3rd, 2017 by Saurenergy The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […] Read more
Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
US Allocates $1.3 Bn To Boost Lithium-ion Domestic Manufacturing Updated On Mon, Nov 25th, 2024 by Saurenergy To meet the growing domestic demand for electric vehicles (EVs), the United States (US) government has allocated a loan to finance a new facility in Terre Haute, Indiana, for manufacturing of lithium-ion battery separators. The government recently allocated a $1.3 billion direct loan ($1.2 billion in principal and $139.3 million in capitalized interest) to ENTEK […] Read more
UP To Use Hybrid Rooftop Solar For Govt Buildings, Issues Tender Updated On Tue, Nov 19th, 2024 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender to accelerate the adoption of hybrid rooftop solar systems. The state’s nodal agency for clean energy plans to deploy these systems on government buildings. Hybrid rooftop solar systems integrate grid-connected rooftop solar installations with additional battery backup. This setup enables the […] Read more
Amara Raja, Ather Plan Li-Ion Gigafactory At Telangana Updated On Thu, Aug 1st, 2024 by Saurenergy Ather Energy has established two manufacturing facilities in Hosur, Tamil Nadu: one for battery production and another for vehicle assembly. Recently, the company announced plans to build a new plant in Maharashtra and has now decided to collaborate with Amara Raja Advanced Cell Technologies to set up a facility in Telangana. This new facility will […] Read more
Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report Updated On Fri, Jul 19th, 2024 by Saurenergy Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […] Read more
Canadian Solar Delivers 498 MWH DC BESS For AYPA Power Project Updated On Wed, Jul 10th, 2024 by Saurenergy Canadian Solar secured a contract from Aypa Power (Aypa) to deliver a 498 MWh DC standalone battery energy storage system to the company. The Bypass Project is scheduled for completion in the third quarter of 2025, with e-STORAGE, being a part of its majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar). Located in Fort Bend […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] Read more
