NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
Uber Flagship EV Product Uber Green Rolled Out at Mumbai Airport Updated On Fri, Jun 23rd, 2023 by Saurenergy Travel aggregator Uber Technologies has presented its flagship electric vehicle (EV) Uber Green in the city of Mumbai. Last month, the firm had made known its plans to make an addition of 25,000 electric cars to its platform. Towards this, it had forged partnerships with Lithium, Everest and Moove- firms that provide fleet. Uber said, […] Read more
Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu Updated On Thu, Jun 22nd, 2023 by Saurenergy Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in a phase-wise manner. The firm has set sights on beginning operations by next […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Battery Materials Firm Talga Gets €150million Funding For Its Swedish Battery Project Updated On Wed, Jun 21st, 2023 by Saurenergy Battery Materials company Talga has now bagged €150 million in senior debt funding from the European Investment Bank (EIB). This finding is meant for Talga’s Vittangi Anode Project in Sweden. As per the details, the project is set to use 100 percent renewable energy to produce 19,500 TPA of green anode for Lithium-ion batteries. It […] Read more
University of Freiburg Leads Breakthrough in Aluminum-Ion Battery Research Updated On Wed, Jun 21st, 2023 by Saurenergy A team led by the University of Freiburg has made remarkable strides in aluminium ion battery chemistry, bringing us closer to a viable alternative to traditional batteries that rely on rare and challenging-to-recycle resources like lithium. Aluminium, being abundantly available in the Earth’s crust, offers a more sustainable and cost-effective solution, along with improved safety […] Read more
Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal Updated On Tue, Jun 20th, 2023 by Saurenergy China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from Eve for its grid-scale energy storage […] Read more
ProLogium to Unveil Next-Generation Solid-State Battery at ees Europe Updated On Thu, Jun 15th, 2023 by Saurenergy ProLogium is attending ees Europe, Europe’s largest battery and energy storage technology event, in Munich, Germany, where it will unveil its next-generation solid-state battery and manufacturing technologies with industry experts. The event is also set to mark the world premiere of ProLogium’s latest breakthrough innovation called large-footprint lithium ceramic battery (LLCB) a brand new next-generation […] Read more