Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity Updated On Tue, Aug 2nd, 2022 by Saurenergy BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […] Read more
Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe Updated On Thu, Jul 7th, 2022 by Saurenergy Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […] Read more
Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
Battery Swapping For Electric Vehicles And Ways To Lead The Change Updated On Tue, May 17th, 2022 by Saurenergy By Dr. Irfan Khan Electric vehicles are becoming more visible with the increasing use cases in the commercial vehicle space. Many manufacturers and solution providers are working on measures to make EVs more affordable, easy to charge and economical to operate. One such technology that gives all these benefits to fleet operators is battery swapping. […] Read more
Battery-powered Greek island bets on green future Updated On Thu, May 12th, 2022 by Saurenergy When deciding where to test green tech, Greek policymakers picked the remotest point on the map: tiny Tilos. Providing electricity and basic services, and even access by ferry, are all a challenge for this island of just 500 year-round inhabitants. Its most recent problem has been dealing with plastic. But authorities this week announced that […] Read more
US Federal Government to spend $3 billion to boost electric vehicles and battery production in USA Updated On Wed, May 4th, 2022 by Saurenergy The administration of the US President Joe Biden has announced that a $3.1 billion plan will be formulated to give a fillip to the manufacturing of domestic electric vehicles batteries to expedite the transition of the USA from gas powered vehicles to electric vehicles. The per capita greenhouse gases’ emission in the USA is the […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
India, Japan Partner for Electric Vehicles, battery storage, Biofuels, Green Hydrogen Updated On Tue, Mar 22nd, 2022 by Saurenergy Taking cooperation for net zero carbon emissions to the next level, India and Japan have instituted a ‘Clean Energy Partnership’ (CEP) by incorporating electric vehicles, EV charging infrastructure, solar sector development, biofuels, green hydrogen and battery storages. Japanese Prime Minister Kishida Fumio, was in India for the 14th India-Japan Annual Summit earlier this week. After […] Read more
The new age solution in energy storage: Sodium (Na)-ion Battery Updated On Sun, Feb 20th, 2022 by Saurenergy With the global focus on energy transition to nonconventional sources, the renewable energy sector has grabbed attention all over the world. The renewable energy (RE) sector has been experiencing continuous evolution in terms of technology, usage and regulations. A major concern in the RE sector is energy storage, wherein a lot of technology evolution has […] Read more