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Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme

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. […]

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Can Solid-state Batteries Replace Lithium-ion Batteries in EV?

Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […]

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Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage

Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […]

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Electric Vehicle Growth Continues: Outlook for 2023

Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […]

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Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […]

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Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver

Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […]

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“A thriving urban mining ecosystem is essential to reduce reliance on imports”, Saurav Goyal, Metastable Materials

Bengaluru-based battery recycling startup Metastable Materials is pioneering a first-of-its-kind, chemical-free technology and system named ‘Integrated Carbonthermal Reduction’ (ICR) for ‘recycling’ of Li-Ion batteries in a sustainable and eco-friendly manner that can extract a wide range of materials from batteries, with more than 90% recovery rate. We caught up with co-founder and COO Saurav Goyal […]

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SolarEdge Launches New Battery Cell Line for Stationary Energy Storage

Israel-based maker of solar inverters, power optimizers and monitoring systems, SolarEdge Technologies has announced that its Energy Storage Division has begun shipping new battery cells designed for stationary energy storage applications. SolarEdge said in its official statement that the new line of Nickel Manganese Cobalt (NMC) pouch cells, manufactured at Sella 2, the Company’s new […]

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Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell

Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […]

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