Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
Pune-based BatteryPool Raises Funds from IAN & Others Updated On Fri, Aug 20th, 2021 by Saurenergy Pune-based BatteryPool has raised an undisclosed amount of growth capital as part of its seed funding round. The startup offers battery charging solutions for EV fleets and commercial vehicles. The round was led by Indian Angel Network (IAN) and the Pune-based Venture Center under the NIDHI-Seed Support Scheme, and lead investors, including Arjun Seth and Harshavardhan […] Read more
California Goes With Rule for Solar and Battery Storage on New Buildings Updated On Tue, Aug 17th, 2021 by Saurenergy The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
Form Energy Reveals Chemistry of its Long Duration Iron-air Battery Updated On Fri, Jul 23rd, 2021 by Saurenergy US technology firm Form Energy has announced the battery chemistry of its first commercial product and a $200 million Series D financing round led by ArcelorMittal’s XCarb™ innovation fund. The four-year-old startup claims that through the use of iron, one of the most common elements on Earth, it has built an inexpensive battery that can […] Read more
US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030 Updated On Thu, Jul 15th, 2021 by Saurenergy US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […] Read more
“Five Years Is A Very Long Time In The Battery business”, Ak Shukla, Sanvaru Updated On Fri, Jul 2nd, 2021 by Saurenergy Sanvaru Technology CEO and founder AK Shukla seems to love doing the unconventional. From starting up a battery business when it wasn’t really the obvious thing to do, to setting up headquarters in the backwaters of Sonipat, Haryana. Today, the firm claims to be the leading manufacturer of Li ion/ Lifepo4battery pack for Solar/Electronic equipments […] Read more
Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
