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Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi

Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […]

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Toyota-Panasonic JV to Begin Production of Prismatic Lithium-ion Batteries

Prime Planet Energy a JV of Toyota and Panasonic, has announced it will begin production of prismatic lithium-ion batteries for hybrid vehicles in Japan Prime Planet Energy & Solutions, a joint venture (JV) company of Toyota Motor Corporation and Panasonic, has announced that it will begin production of prismatic lithium-ion batteries for hybrid vehicles in […]

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MNRE Issues Specifications for Tech Neutral Lithium Batteries for Solar off-Grid Applications

MNRE has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. The Ministry of New and Renewable Energy (MNRE) has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. Stakeholders have been requested to submit […]

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Both Growth and Evolution Hand in Hand in Lithium Storage

A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […]

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Sungrow Debuts 1500V Lithium-ion Energy Storage Solution at SNEC 2020

Sungrow, a global leading inverter solution supplier for renewables, debuted its latest 1500V LFP Lithium-ion energy storage system (ESS) solutions for a full range of applications at the SNEC 2020. The Company unveiled the new 1500V LFP ESS solutions to meet growing demands across the globe. The ESS solutions allow the PCS capacity varying from […]

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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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Nissan Licenses Lithium-ion Battery Technology to APB Corporation

Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […]

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Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report

The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […]

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Iberdrola Commissions Lithium-ion Energy Storage System in Spain

Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […]

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