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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 To Stay Numero Uno Option for Storage, Say Researchers

A recent three day meeting between researchers from Germany and Israel has concluded  that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […]

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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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Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban

Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17)  marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […]

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Lithium Urban Fleet now Powered by 1000 Mahindra Electric Vehicles

Mahindra Electric, Lithium Urban Technologies have announced their partnership has crossed the milestone of 1,000 electric vehicles in the Lithium fleet Mahindra Electric, part of the USD 20.7 billion Mahindra Group and Lithium Urban Technologies, India’s largest zero-emission service for employee transportation, have announced that their partnership has crossed the significant milestone of 1,000 Mahindra […]

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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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Tata Motors Wins 500 EVs Order from Lithium Urban Technologies

Under this partnership, Tata Motors will supply its 400 newly launched Tigor Sedan EV, with an extended range of 213 km, by FY20, along with 100 other EVs like Nexon EV. Spanning development and supply of both commercial and passenger vehicles, Tata Motors said that it has received an order for 500 electric vehicles (EVs) […]

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