US Election May Lead To Hike In BESS Costs By 10%: Report Updated On Fri, Dec 13th, 2024 by Saurenergy The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […] Read more
EVE Energy To Mass Produce Large Battery Cell For Energy Storage Updated On Fri, Dec 13th, 2024 by Saurenergy In the energy storage industry, both systems and battery cells are expanding at an astonishing pace. While the global market is rapidly adopting the 300Ah+ battery cells primarily based on 314Ah, research and mass production of the next-generation 500Ah+ large-capacity battery cells are already in full swing. As many companies rush to enter the market for […] 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
LG Energy, GM To Develop Prismatic Battery Cell Technology For EVs Updated On Tue, Dec 3rd, 2024 by Saurenergy LG Energy Solution has announced a new partnership agreement with General Motors (GM) for prismatic battery cell technology. The firms partnered for the initiative to deploy these batteries for use in electric vehicles (EVs). Prismatic battery cell technology refers to the alternate design form of Lithium-ion batteries which are flat and rectangular in shape. This […] Read more
Battery Smart Appoints Amit Bhardwaj Its New CFO Updated On Tue, Nov 26th, 2024 by Saurenergy Indian battery recycling company Battery Smart today announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). The firm which provides its swapping technologies for electric two- and three-wheelers said that Amit’s appointment will aid in strengthening its leadership. Amit has a degree in Chartered Accountancy and brings expertise from key financial roles […] Read more
The Emissions Impact of Repurposed EV Battery Packs in Residential Settings Updated On Tue, Nov 12th, 2024 by Saurenergy The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report Updated On Fri, Oct 4th, 2024 by Saurenergy EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […] Read more
India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared Updated On Tue, Oct 1st, 2024 by Saurenergy September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […] Read more
