At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech Updated On Thu, Aug 25th, 2022 by Saurenergy Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […] Read more
We Should Soon Witness Large Solar+Storage Offgrid Setups In India. Updated On Fri, Jun 3rd, 2022 by Saurenergy The electric mobility space has been a hotbed for startups, who saw the opportunity in the green transition. It helped that the transition is calling for a virtual reinvention of multiple aspects of the way mobility was done, right from vehicles, to vehicle batteries, to charging and more. One such startup in the news has […] Read more
Govt Calls EV Manufacturers To Explain Recent EV fires Updated On Mon, May 23rd, 2022 by Saurenergy The Centre for Fire, Explosive and Environment Safety (CFEES), DRDO‘s lab, has blamed the EV manufacturing companies for the recent spate of fires. The report has found that recent electric scooter fires were caused by defects in their batteries, including in the designs of the battery packs and modules. Published on May 23, the report […] Read more
Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries Updated On Fri, May 13th, 2022 by Saurenergy Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […] Read more
Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries Updated On Tue, Mar 22nd, 2022 by Saurenergy Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […] Read more
Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021 Updated On Mon, May 3rd, 2021 by Saurenergy At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […] Read more
