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battery costs

Iron-based Batteries’ Future Looks Bright As Tesla Weighs In

Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […]

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India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050

During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […]

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Hyundai Partners with UL for Safe Deployment of Second Life BESS

The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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The 7-Point Checklist Before You Finalize Your Rooftop Solar System

Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […]

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BHP, TransAlta to Build $54 M Solar+Storage Project in Western Australia

Anglo-Australian mining company BHP and its power partner in the Goldfields, TransAlta, are to build two solar farms and a battery storage system to help power the Mt Keith and Leinster nickel mines in Western Australia. This will help BHP reduce emissions from electricity use at Mt Keith and Leinster by 12 per cent, based […]

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Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […]

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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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Hindustan Zinc To Use BEVs in Underground Mining, Partners with Normet Group

Indian mining major, Hindustan Zinc Ltd. (HZL), today announced its big plan for decarbonization of its mines. HZL has partnered with Normet Group that works for making underground mining and tunnelings digitalized and sustainable, to introduce India’s first battery electric vehicles (BEVs) in underground (UG) mines.  HZL’s CEO MR, Arun Misra has announced an investment […]

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