Australian Battery Recycling Start up Renewable Metals Scoops Up $8 Million Updated On Fri, Oct 6th, 2023 by Saurenergy Perth-based firm Renewable Metals has raised an AUD $8 million in funding from the Clean Energy Finance Corporation (CEFC), to scale up its battery recycling technology. Lithium ion battery recycling has been a focus area for many startups around the world, as the case is extremely strong on both environment and economic grounds, thanks to […] Read more
Inverter Firm SOFAR Launches PV & ESS Innovations at REI 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy SOFAR, a provider of all-scenario PV & ESS solutions, drew attention by showcasing its solar and storage solutions at Renewable Energy India (REI), held at Greater Noida from October 4 to 6. New Inverter Launched Currently, utility segment contributes to the major growth of the Indian RE industry. The firm unveiled its 350kW inverter PowerMega […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
First Ever Future Contract Written on Lithium Battery Space between LOHUM & Log9 Updated On Thu, Oct 5th, 2023 by Saurenergy LOHUM, a sustainable energy transition materials producer, based in India and Log9, an Indian Deep Tech company specialising in Advanced EV battery technology have announced a strategic partnership. This partnership locks in weighted battery buyback prices for Log9, powered by LOHUM’s DETX™ ‘future purchase price’ prediction index for battery assets. This partnership aimed at addressing […] Read more
ICE VS BEV: Which Contributes Higher Carbon Emissions Across Their Lifetime? Updated On Wed, Oct 4th, 2023 by Saurenergy Rystad, an energy research based organisation, has shared a report declaring batteries in electric vehicles (BEV), as a clear winner in reducing emissions in the transportation sector. The report says that despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, the […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium Updated On Fri, Sep 29th, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […] Read more
StoreDot in Strategic Collaboration with Volvo Cars for EV Cells Updated On Thu, Sep 28th, 2023 by Saurenergy StoreDot, which delves into extreme fast charging (XFC) battery technology for electric vehicles, has signed a ]multi-year agreement with Volvo Cars to develop an optimized battery for next generation Volvo cars. The collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and […] Read more
Li-ion Phosphate or Nickel Manganese Cobalt Oxide- Which Has More Potential? Updated On Thu, Sep 28th, 2023 by Saurenergy A report by the International Institute of Sustainable Development (IISD) titled ‘India’s Potential in the Midstream of Battery Production’ had shed light on the role of different technologies of batteries like Lithium-ion in the transition of automobile fuel. The report aims at mapping the EV adoption in India. The report says that the EV adoption […] Read more