Swedish Battery Materials Firm Altris AB Ventures Into China Updated On Fri, Nov 26th, 2021 by Saurenergy China’s vice like grip on battery manufacturing means that firms find it simply impossible to ignore the massive manufacturing and consumption market. The latest is Swedish battery materials company Altris AB which has officially opened its first office in China. The Guangzhou-based team will work to promote the company’s innovative cathode material, Fennac®, to the Chinese […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
RWE Picks SMA Technology to Build Major German Storage Facility Updated On Wed, Nov 24th, 2021 by Saurenergy Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […] Read more
Mitra Chem Raises $20 M Series A to Fund Li-ion Battery Materials R&D Updated On Tue, Nov 23rd, 2021 by Saurenergy Mitra Future Technologies (Mitra Chem), a North American producer of lithium-ion battery materials, has announced the completion of a $20 million Series A round that was led by Social Capital, a California investment firm. The firm plans to use the capital from the round to invest in product R&D and expand North American pre-pilot production […] Read more
Rio Tinto Invests in InoBat to Support Battery Ecosystem in Europe Updated On Thu, Nov 18th, 2021 by Saurenergy UK-headquartered mining firm Rio Tinto is investing in Inobat Auto, a battery technology and manufacturing company, to support the development of a battery ecosystem in Europe. This investment will support the completion of InoBat’s research and development centre and pilot battery line in Voderady, Slovakia. It follows a Memorandum of Understanding signed in May, outlining an […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Corrit Electric Goes For The Teen Market With Hover E-Bike Updated On Thu, Oct 28th, 2021 by Saurenergy Gurgaon-based Corrit Electric states that it is on a mission to drive sustainable solutions in the automobile industry. The company is now set to launch their first electric scooter — Hover — for the “younger generation.” With a 110 km range, 25Kmph speed and a 60V 20Ah lithium-ion battery, the scooter will be available in […] Read more
Honeywell Debuts Flow Battery For Formal Testing, 12 Hours Power Discharge Promised Updated On Wed, Oct 27th, 2021 by Saurenergy US-based multinational Honeywell has announced the development of a new flow battery for providing long duration power of up to 12 hours. The firm says the technology will be first tested by US utility major Duke Energy in a 400kWh system configuration in 2022, before being scaled upto a 60MWh pilot project by 2023. The […] Read more
Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study Updated On Wed, Oct 20th, 2021 by Saurenergy “Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […] Read more
