Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Draft Battery Swapping Policy From Niti Aayog- Key Points Updated On Fri, Apr 22nd, 2022 by Saurenergy The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […] Read more
PolyJoule Promises Plastic Batteries To Store Renewable Energy on Grid Updated On Mon, Apr 18th, 2022 by Saurenergy Battery storage forms a crucial link in the renewable energy system, given the intermittent nature of renewables. Amid many technologies that are emerging in the domain, Boston-based energy start up PolyJoule has created a battery which is made up of plastic – electrically conductive polymers – which makes the energy storage on the grid not […] Read more
Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
Offgrid Energy Labs Unveils ZincGel Battery Technology for Electric Vehicles in India Updated On Fri, Apr 8th, 2022 by Saurenergy IIT Kanpur backed Offgrid Energy Labs has announced the launch of innovative ZincGel Battery Technology to strengthen India’s EV battery swapping segment with its sustainable batteries. The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and […] Read more
Rise In Key Input Metals Sends EV Prices Up in China Updated On Fri, Apr 8th, 2022 by Saurenergy Leading China-based EV manufacturers, that have sprouted to take advantage of the world’s largest EV market, have surprised potential customers with price hikes in recent weeks. The hikes come as a surprise to many people who have taken a drop in battery prices, which account for almost 40-50% of EV costs, for granted. As it […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
51 MWh Vanadium Flow Battery Goes Online In Japan Updated On Thu, Apr 7th, 2022 by Saurenergy Japanese technology major and part of the eponymous conglomerate, Sumitomo Electric has announced the start of the largest vanadium redox flow battery (VRFB) energy storage systems in the northern Japanese island of Hokkaido from April 1. The battery is also one of the largest worldwide of its type. Sumitomo Electric said that the 17MW/51MWh VRFB […] Read more
