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
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
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
We Are Set To Expand Battery Recycling: Anupam Kumar (MiniMines) Updated On Mon, Jul 22nd, 2024 by Saurenergy How did the journey of MiniMines start? We founded the company in 2021. I started the company with other co-founder Anupam Kumar and Arvind Bhardwaj. We were driven by a vision to tackle the dual challenges of high electric vehicle (EV) costs, lack of critical minerals, massive import dependency worth 7 billion USD, and environmental […] Read more
Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report Updated On Fri, Jul 19th, 2024 by Saurenergy Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […] Read more
Battery Recycling Can Slash EV Battery Cost By €3,000 In Europe, Says Report Updated On Thu, Jul 11th, 2024 by Saurenergy A recent report by Deloitte hinted at new opportunities in slashing electric car battery costs by up to €3,000 by roping in EV battery recycling techniques. It suggested that the adoption of a redesigned approach, spanning the entire product lifecycle is expected to bring the cost down while revenue is expected to see an increase […] Read more
Will China’s Price Woes In Lithium Battery, Module Sectors Mean Further Drops In India? Updated On Mon, Jul 8th, 2024 by Saurenergy For two of the biggest energy bets made by China in the past decade, namely, battery storage and solar manufacturing, June continued to bring bad news in terms of price trends. Lithium Prices Continue to Fall Taiwan based TrendForce has released a report saying that June saw a significant drop in lithium prices due to […] Read more