LIB to Supply 50,000 Li-ion Batteries to VoltUp by 2024 Updated On Mon, Sep 25th, 2023 by Saurenergy A manufacturer of lithium-ion batteries, LIB, has joined hands by way of a major contract manufacturing deal with VoltUp, a Battery-as-a-Service (BaaS) start-up. The agreement will pave the way for LIB to provide 50,000 lithium-ion batteries in 2024. This will be followed by an additional 500,000 batteries over the span of the next three years. […] Read more
CNGR, Al Mada Partner For $2 Billion EV Battery Plant in Morocco Updated On Fri, Sep 22nd, 2023 by Saurenergy Chinese battery components manufacturer CNGR Advanced Material and the African private investment firm Al Mada have unveiled plans to establish an industrial hub in Jorf Lasfar, Morocco. This project will entail an investment of $2 billion. This collaborative endeavor was officially disclosed through a joint statement by the two firms. The two entities are currently […] Read more
RWE Decides To Build 35-MW Battery Storage For Biomass Plant Updated On Fri, Sep 22nd, 2023 by Saurenergy RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […] Read more
2023 To See China, India EV Sales Go Beyond 10 Million For First Time Updated On Thu, Sep 21st, 2023 by Saurenergy Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […] Read more
Japan Researchers Study Potential Of Potassium-Ion Batteries Updated On Wed, Sep 20th, 2023 by Saurenergy A research team from the Tokyo University of Science- (TUS), Japan, has recently conducted a study to gain insights into Potassium-ion batteries (KIBs), an alternative to conventional Lithium-ion batteries. The results of the study was recently published in Angewandte Chemie International Edition. Lithium-ion batteries have gained major traction with the increased deployment of electric vehicles (EVs) […] Read more
India’s Li-Ion Market Will Touch CAGR of 14.8% in 2023-’28: IMARC Updated On Tue, Sep 19th, 2023 by Saurenergy A study by IMARC Group, called “Indian Lithium-Ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” makes interesting observations about India’s lithium-ion battery market. As per the study, the Li-Ion market of the country reached US$ 2.5 Billion last year. The study says that the market will touch US$ 5.9 Billion by […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
EDF Renewables Sets Sights on Three Grid-Scale Battery Sites in UK Updated On Fri, Sep 15th, 2023 by Saurenergy EDF Renewables UK is in the process of establishing three grid-scale battery sites in Kent, Norwich and Essex. The firm has set sights on the deployment of battery storage units in 40 strategic locations across the UK. The three sites for battery storage entail the 50 MW / 100 MWh lithium-ion battery storage unit in […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
