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RWE Issues €2 billion Green bond For Renewable Play

In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices

Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as  even as traded lithium carbonate prices climbed 413 percent between January and December […]

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Locally Manufactured Batteries Can Prevent EV Fires

Indian industry is betting on locally manufactured battery cells to control the design and prevent the untoward incidents like recent spate of electric two-wheeler batteries causing vehicle fires. Suzuki, Toshiba and Denso have already announced a lithium-ion battery plant at their joint venture unit in Gujarat. Tata Group is drawing up plans to launch a […]

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Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […]

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Solis Unveils Sixth Generation Energy Storage Inverter at Intersolar Europe

Solis unveiled its two revolutionary Sixth Generation Energy Storage Inverters at Intersolar Europe in Messe München on 11-13th May. These are Single Phase S6-EH1P(3-6)K-L and the Three Phase S6-EH3P(5-10)K-H inverters. These inverters are intelligent and smart solutions that will provide more usable energy to customers. These newly revealed inverters are the products of Solis’s in-depth […]

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Promise To Reality- 5 Battery Breakthroughs That Could Make It To Market Soon

Innovation is inevitable. As any technology evolves, so do the expectations with it. Similarly, the battery technology has also been evolving, throughout history, in the desire to make it more efficient, powerful, dependable, sustainable, and whatnot. The lithium-ion batteries-saga itself is as old as 1970s, and is still improvising. However, a big complaint from industry […]

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Bhago Mobility Solutions Acquires Stake In Pastiche Energy Solutions

Bhago Mobility Solutions Private Limited (Bhago), the Green Energy Vertical for Modern Automotive Limited (MAL), has announced an equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the oldest players in the Energy Storage Sector in India, since 2015. The partnership will aggregate the strengths of both the companies towards the manufacturing of […]

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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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