Charged Up! EV Sales to Hit One Million Per Month Mark Soon Updated On Tue, Feb 8th, 2022 by Saurenergy After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […] Read more
Energie Steiermark Installs Ultra-fast EV Charging Stations Updated On Sat, Feb 5th, 2022 by Saurenergy ADS-TEC Energy, a global leader in battery-buffered, ultrafast charging technology, recently announced that Energie Steiermark has deployed its ultra-fast EV charging stations. Austria-based Energie Steiermark has installed two ultra-fast charging stations opposite the main entrance of its corporate headquarters in Graz. The ADS-TEC Energy charger charging capacity is up to 320 kilowatts in a matter […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations Updated On Tue, Jan 25th, 2022 by Saurenergy Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […] Read more
Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy Updated On Mon, Jan 24th, 2022 by Saurenergy Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Scientists Design Lithium-air Batteries for Commercial Use in EVs, Drones Updated On Thu, Jan 13th, 2022 by Saurenergy The demand for the development of rechargeable batteries with high energy densities has been increasing in recent years. Although lithium-air batteries represent great potential theoretically to be employed in electric vehicles, drones and other storage applications that demand high energy, they haven’t yet demonstrated the requisite efficiency and cycle performance to be commercialised for practical use. […] Read more
Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff Updated On Mon, Jan 3rd, 2022 by Saurenergy In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […] Read more
