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battery manufacturers

The Top 5: EV Battery Manufacturers in the World

Advances in electric vehicle (EV) batteries and their associated technologies are finally attracting the interest of individuals to purchase EVs, contributing to the growth of EV batteries. The top EV Battery Manufacturers in the World are the frontline contributors to the growth of the industry. The scale of production forms a litmus test about market […]

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Solar Power Europe Revises Battery Regulation For PV Manufacturers

‘Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […]

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Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

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LG Energy, GM To Develop Prismatic Battery Cell Technology For EVs

LG Energy Solution has announced a new partnership agreement with General Motors (GM) for prismatic battery cell technology. The firms partnered for the initiative to deploy these batteries for use in electric vehicles (EVs). Prismatic battery cell technology refers to the alternate design form of Lithium-ion batteries which are flat and rectangular in shape. This […]

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Prozeal Gets SECI’s Solar Plus Battery Energy Storage Project In Leh

The Solar Energy Corporation of India (SECI) allotted Gujarat-based solar company Prozeal Green Energy a solar plus battery energy storage project at Leh. SECI, earlier had issued a tender for selection of project developers for a 25 MW (AC) Solar PV Power Plant (50 MWp) with a 20 MW/50 MWh battery energy storage system at […]

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UK’s Ilika Solid State Battery Claims Breakthrough in Safety and Innovation

Ilika, a startup specialising in solid state battery technology, has recently reported a major success in safety tests of its Goliath solid-state battery prototype. These tests, conducted by independent assessors at University College London, demonstrated that the safety of the Goliath P1 prototype cell is significantly superior to that of equivalent lithium-ion batteries. The tests […]

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IESA Backs Easier Visa Norms For Battery Professionals, Incentives for ACC Batteries

Industry body, India Energy Storage Alliance (IESA) has advocated for the ACC Battery industry and parity of policy between ACC-PLI bid winners and non-PLI companies for issuing business visas to foreign experts for the installation and commissioning of ACC Factories in India. IESA organized multiple stakeholder consultations to gather industry challenges faced by the Indian […]

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Global Investments In Battery To Decline In 2024: Rystad Report

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 […]

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News Briefs July 31- Chinese Manufacturers Make Global Moves

From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF  fund had also announced some major manufacturing plans for the kingdom with leading […]

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