LG Energy Solution Vertech Secures 10 GWh ESS Project in US Updated On Fri, Dec 22nd, 2023 by Saurenergy LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […] Read more
SOFAR Powers 300 MW Utility Solar Project in Gansu, China Updated On Fri, Dec 22nd, 2023 by Saurenergy Solar energy solutions provider SOFAR has recently commissioned a 300 MW utility project. Located in the south edge of China’s fourth largest desert Tengger Desert, the plant is expected to generate 540 million kWh of clean electricity annually and restore 5.2 square kilometers of grassland after being fully connected to the grid this week, saving […] Read more
Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations Updated On Wed, Dec 20th, 2023 by Saurenergy Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […] Read more
Vinayak Kathare Joins Log9 Materials As Vice President, Stationary Energy Systems Updated On Tue, Dec 19th, 2023 by Saurenergy Vinayak Kathare has joined Log9 Materials as its new Vice President of Stationary Energy Systems. Headquartered in Bengaluru, Log9 Materials delves in batteries and energy storage solutions. Vinayak Kathare brings a wealth of experience in the renewable energy industry. His background includes heading new initiatives for one of India’s leading renewable energy firms. The firm […] Read more
Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding Updated On Tue, Dec 19th, 2023 by Saurenergy Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others. Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […] Read more
Pune-Based KPIT Technologies Unveils Sodium-Ion Battery Technology Updated On Mon, Dec 18th, 2023 by Saurenergy Pune-based KPIT Technologies, a partner to the automotive and mobility ecosystem, introduced its Sodium (Na)-ion battery technology. The new technology by the battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium batteries. Its builds on and compliments KPIT expertise in software development, integration […] Read more
LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant Updated On Wed, Dec 13th, 2023 by Saurenergy LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more