Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
Amprius Introduces Lithium-Ion Battery in Electric Aviation and EV Industries Updated On Tue, Aug 8th, 2023 by Saurenergy US based Amprius Technologies, a provider of next-generation lithium-ion batteries featuring its Silicon Anode Platform, has come up with an innovative battery technology. The newest ultra-high-power-high-energy lithium-ion battery has been introduced by the firm, benefiting from its advanced material system capability. With a discharge rate of 10C and an energy density of 400 Wh/kg, the […] Read more
Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology Updated On Thu, Jul 6th, 2023 by Saurenergy The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […] Read more
Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia Updated On Wed, May 3rd, 2023 by Saurenergy RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […] Read more
Log9 Commissions Its Commercial Lithium-Ion Cell Manufacturing Line In Bengaluru Updated On Fri, Apr 21st, 2023 by Saurenergy Log 9 Materials, a Bengaluru-based advanced battery technology solutions company, on Friday, commissioned India’s first commercial Lithium-ion battery manufacturing line at its Jakkur plant in Bengaluru. It is said to have a production capacity of 50 Megawatt-hour (MwH) annually. “Log9’s commercial Li-ion cell manufacturing line has an initial capacity of 50 MWh. This facility […] Read more
Novalith Technologies Raises AU$23 Million to Revolutionise Lithium Production Updated On Wed, Apr 19th, 2023 by Saurenergy Sydney based Novalith Technologies has raised AU$23 million in Series A funding with an objective to revolutionise the production of lithium for EV sector from sources. The company claims to be the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches. Led […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara Updated On Mon, Mar 27th, 2023 by Saurenergy Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […] Read more
Can Solid-state Batteries Replace Lithium-ion Batteries in EV? Updated On Fri, Mar 24th, 2023 by Saurenergy Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […] Read more
