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Five Trends Which Can Shape Lithium-Ion Market In 2024

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzies Lithium: Five things to watch in 2024 report. It stated, While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric []

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EIF Commits 150 Mn To White Summit Capital Infrastructure Fund II

The European Investment Fund (EIF) recently signed a 150 million commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II). European Investment Fund (EIF), a part of the European Investment Bank Group recently signed an agreement with White Summit Capital which forms a specialised energy transition infrastructure investment manager. The project has the []

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BatXs Strong Network Aided In Boosting Battery Recycling: Vikrant Singh

How did BatX Energies start its journey of recycling Lithium-ion batteries?  During one of our projects on making electric cars, we realized the importance of Lithium-ion batteries. The cost of making the car was around, and we were surprised to know that the cost of a Lithium-ion battery was almost the same. As India depends []

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Odisha Issues Bid To Convert Diesel/Petrol Boats To Solar Boats At Chilika

Odisha Renewable Energy Development Agency (OREDA), the state nodal renewable agency of Odisha issued a tender to further boost solar boats at Chilika Lake in the state. The latest tender sought solar developers to take care of the design, engineering and retrofitting of the existing diesel and petrol-powered 28 tourist boats and 100 fishing boats. []

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Taiwans FSP Group Launches PV Inverters, Energy Storage System

Taiwan-based FSP group has announced new green energy solutions include the LightUp off-grid PV Inverter and EnerX 3000 energy storage system. Founded in 1993, FSP Group (3015) is one of the worlds leading power supply manufacturers. LightUp Series PV Inverters Off-grid solar PV inverters are the most cost-effective solution for energy self-consumption for rural areas []

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Exide Launches Battery Range To Cater To Demands Of Data Centers

Exide Technologies an energy storage solution provider for stationary applications announced launching its new Sprinter Pure Power battery range. Developed specifically for use in data center UPSs, this latest generation of advanced AGM batteries also serves a wide variety of applications, the firm said. As the world becomes increasingly digital, data centers must manage exponentially []

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Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report

A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase []

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International Battery Company Raises $35mn In Pre-Series A Round

International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. []

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Our Atomic Energy Batteries Can Last For 50 Years Without Charge: Betavolt

A Chinese company, Betavolt New Energy Technology recently developed a miniature atomic energy battery. This product combined nickel 63 nuclear isotope decay technology and Chinas first diamond semiconductor (4th generation semiconductor) module. It was combined to realize the miniaturization of atomic energy batteries, modularization and low cost, starting the process of civilian use. This marked []

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