India Signs MoU to Share Bolivia’s Vast Lithium Deposit Updated On Mon, Apr 1st, 2019 by Saurenergy Both sides agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making batteries that India needs for its clean technology initiatives such as increased use of electric cars. India after signing a Memorandum of Understanding (MoU) with Bolivia, has leveraged its way […] Read more
Volvo Researches on E-Bus Batteries Used to Store Solar Energy Updated On Thu, Dec 6th, 2018 by Saurenergy Volvo Buses is taking part in a research project whereby used electric bus batteries get a second lease of life as solar energy storage units. The inauguration of what is probably Europe’s first ever energy warehouse using electric bus batteries is currently under way. The batteries from electric bus in Gothenburg and Sweden, are getting a […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$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
