NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy 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 […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
Delhi to Welcome 140 Public Charging Points & 48 Battery Swapping Facilities Updated On Mon, Jun 26th, 2023 by Saurenergy In a move that will accelerate the Delhi’s EV (electric vehicle) segment, Delhi Chief Minister Arvind Kejriwal revealed recently that Delhi will welcome 140 new public charging points. 48 battery swapping facilities. These will come across 53 locations in the city. Officials say that the price of charging at all these points will be fixed […] Read more
Startup Profile-ZEVPoint E-Mobility Updated On Fri, Jun 23rd, 2023 by Saurenergy ZEVPoint E-Mobility is an Indian start-up into EV charging infrastructure space offering fast and secure charging solutions for home & commercial clients that suits their needs. Its flagship product is the Swift Pro EV charger that comes with features like monitoring usage, password protection, scheduling your charging time and power, and intelligent safety chip for […] Read more
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Battery Materials Firm Talga Gets €150million Funding For Its Swedish Battery Project Updated On Wed, Jun 21st, 2023 by Saurenergy Battery Materials company Talga has now bagged €150 million in senior debt funding from the European Investment Bank (EIB). This finding is meant for Talga’s Vittangi Anode Project in Sweden. As per the details, the project is set to use 100 percent renewable energy to produce 19,500 TPA of green anode for Lithium-ion batteries. It […] Read more
Toyota’s AI Technique To Aid In Faster Designing Of EVs Updated On Wed, Jun 21st, 2023 by Saurenergy The Toyota Research Institute (TRI) has now unveiled a generative artificial intelligence (AI) technique to amplify vehicle designers. The institute said that new technological intervention could aid in fighting the constraints in the development of designs of Electric Vehicles (EVs) manually. With the new technology, designers can leverage publicly available text-to-image generative AI tools as […] Read more
Errant EV Players Might Face More Trouble For Flouting FAME-II Updated On Tue, Jun 20th, 2023 by Saurenergy The Ministry of Heavy Industries is now mulling stringent actions against alleged errant two-wheeler Electric Vehicle (EV) players in India for falsely claiming subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II. The ministry is the nodal agency for disbursing FAME-II funds to EV players. As per reports, the ministry has planned to […] Read more
