New Report Offers Insight on Lowering Commercial EV Battery Costs Updated On Wed, Dec 29th, 2021 by Saurenergy A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […] Read more
Viable Battery Costs Remain Critical to EV Penetration in India: Ind-Ra Updated On Mon, Oct 26th, 2020 by Saurenergy Ind-Ra claims that battery remains the most critical component of an EV due to both cost viability (30-40 percent of EV cost) and technological expertise. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric […] Read more
Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA Updated On Mon, Dec 18th, 2017 by Saurenergy The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
Mooving, HPCL Collaborate To Expand Battery Swapping Stations Updated On Thu, Aug 8th, 2024 by Saurenergy Mooving, a smart swapping network powered by Livguard and a brand under the SAR Group announced collaborating with Hindustan Petroleum Corporation Limited (HPCL), a government enterprise. Under the partnership, Mooving will get access to 22,000+ HPCL retail outlets across India to install its automated swapping stations. One of the key factors in HPCL’s decision to […] Read more
