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Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level. In a release to the media, the firm said that it had raised seed funding through the programme. […]
As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […]
LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […]
John Grimes leads the Smart Energy Council – Australia as its CEO. The council is an independent body that gives an impetus to the renewables sector in Australia by offering energy solutions. In March this year, John led an over 34 member delegation representing over 29 Australian smart energy firms to India. This visit saw […]
Background PV systems have become a reliable source of clean energy by utilizing energy storage units. In many countries and regions, PV + storage systems have become the preferred source of energy for a variety of reasons. What are the main structures of PV + energy storage systems? What are their benefits? This Solis workshop […]
Pune-based ARENQ, a manufacturer and distributor of storage batteries for all industries, is a subsidiary of Sunlit Power. The CEO of ARENQ, V G Anil, speaks to Saur Energy about the battery storage industry in India and the ambitions of the firm. What are some alternatives to li-ion batteries that the industry can […]
Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […]
Chinese solar manufacturer JinkoSolar has announced the launch of its new liquid cooling energy storage system called SunGiga for C&I application and showcased it in this year’s PV Japan Expo 2023. JinkoSolar had launched the SunTank residential ESS in Japan in 2022. JinkoSolar said that the liquid cooling system for more even heat dissipation and […]
Electric vehicles started competing with conventional fossil fuel-run vehicles in the last few years. The year 2022 was a significant year for EVs, as it saw the addition of over 10 million new BEVs and PHEVs to the global EV fleet, a 55 percent increase from 2021. Just like many other major economies, India too […]
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