$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked Updated On Mon, Jun 11th, 2018 by Saurenergy The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […] Read more
India-made Li-Ion Batteries to Cut Dependence on China, says Anant Geete Updated On Thu, Jun 7th, 2018 by Saurenergy “At present, the world needs to import lithium-ion batteries from China and Rs 50-60 lakh is only the cost of the battery (for buses). If the battery cost is reduced the total cost of electric vehicles will become affordable and commuters will also have to pay less” To cut its dependence on China and strengthen […] Read more
BHEL to Develop Space Grade Lithium-ion Cells using ISRO Technology Updated On Fri, Mar 23rd, 2018 by Saurenergy This transfer of technology will enable BHEL to manufacture Lithium-ion cells in-house for ISRO and other suitable applications. As part of its diversification strategy, power equipment maker Bharat Heavy Electricals Ltd (BHEL) has entered into a Technology Transfer Agreement (TTA) with Indian Space Research Organisation (ISRO) for the manufacturing of space-grade Lithium-ion cells of various […] Read more
Narada Power Established Lower Level Lithium Battery Recycler Updated On Wed, Nov 15th, 2017 by Saurenergy The technology will carry out lithium recycling and new materials business and to open up the lithium battery industry chain. The Narada Power which is headquartered in China’s Hangzhou, known for using various types of lead acid and lithium batteries in its storage systems, along with other technologies such as fuel cells announced of establishing […] Read more
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
Enerwhere powers DIFC construction site with largest lithium-ion battery in the Middle East Updated On Fri, Sep 29th, 2017 by Saurenergy This is Enerwhere’s second installation for Multiplex in the UAE. Enerwhere provides this solution on a lease basis, requiring no upfront investment by Multiplex. Enerwhere recently completed the installation of a solar hybrid generator system for Multiplex’ site offices at ICD Brookfield Place in the Dubai International Financial Centre. A first in the Middle […] Read more
Samsung SDI Launches New Lineup of ESS Batteries at Energy Storage Europe 2017 Updated On Wed, Mar 15th, 2017 by Saurenergy The common feature of Samsung SDI’s E2 and P3 Batteries is that their energy density is improved by increasing capacity while retaining the size of previous ESS containers. Samsung SDI launched new lineup of its comprehensive ESS solutions at the Energy Storage Europe 2017, an international exhibition dedicated to ESS batteries and renewable energies. The […] Read more
