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
China’s Capacity Glut Likely To Keep Lithium Battery Prices Down-Trendforce Research Updated On Fri, Sep 8th, 2023 by Saurenergy Insufficient downstream demand has put a damper on both supply and demand in the EV battery market. TrendForce reveals that the ASP of EV cells in China fell below CNY 0.6/Wh in August. The average price drops of EV square ternary cells, LFP cells, and pouch ternary power cells reached 10%, with respective prices of CNY 0.65/Wh, […] 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
India Hints At Developing Lithium From Lab To Reality Updated On Tue, Aug 1st, 2023 by Saurenergy Union Minister of Mines and Coal Pralhad Joshi, in his recent reply made before the Lok Sabha, said that India has already made successful attempts to extract Lithium from the mineral concentrate on a laboratory scale. He also said that the country was able to develop technologies to utilize the Lithium sources present in the […] Read more
India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals Updated On Thu, Jul 13th, 2023 by Saurenergy The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […] 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
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years Updated On Mon, May 22nd, 2023 by Saurenergy As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […] Read more
Axpo to Deliver 25 MW Lithium Battery Storage Project in Sweden Updated On Tue, May 16th, 2023 by Saurenergy Renewable energy developer Axpo will develop one of Sweden’s largest battery storage facilities. Acquired from project developer SENS (Sustainable Energy Solutions Sweden), the 25 MW battery storage facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. Its construction is expected to start in early 2024. Axpo will develop a […] Read more
