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battery costs

Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030

The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […]

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Amprius Introduces Lithium-Ion Battery in Electric Aviation and EV Industries

US based Amprius Technologies, a provider of next-generation lithium-ion batteries featuring its Silicon Anode Platform, has come up with an innovative battery technology. The newest ultra-high-power-high-energy lithium-ion battery has been introduced by the firm, benefiting from its advanced material system capability. With a discharge rate of 10C and an energy density of 400 Wh/kg, the […]

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I

GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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ProLogium to Unveil Next-Generation Solid-State Battery at ees Europe

ProLogium is attending ees Europe, Europe’s largest battery and energy storage technology event, in Munich, Germany, where it will unveil its next-generation solid-state battery and manufacturing technologies with industry experts. The event is also set to mark the world premiere of ProLogium’s latest breakthrough innovation called large-footprint lithium ceramic battery (LLCB) a brand new next-generation […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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How To Use Peak Shaving To Save On Electricity Costs

Background A “capacity tariff” is going to be introduced on residential properties where you will have to pay for the electrical capacity that you need. This tariff is expected in many European countries, such as Belgium and Italy, and may increase electricity bills for many families. 1.What is a “Capacity Tariff”? For consumers, including businesses […]

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Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark

Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […]

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Sodium-ion Battery EV Takes Over: JAC Auto Unveils First EV of its Kind

World’s first Sodium-ion Battery Powered Electric Vehicle (EV) has finally made its debut. A Chinese EV brand JAC Auto has unveiled an EV which has diverted its source of power from traditional Lithium-ion batteries to cheaper Sodium-ion batteries, one of the trending research themes in energy storage and innovations across the industry. The First Sodium-ion […]

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