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
Amplus Solar Announces the Finalists of ‘The MILES Challenge’ Updated On Thu, Mar 18th, 2021 by Saurenergy Amplus Solar has announced the Green List i.e. the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. Amplus Solar has announced the Green List, the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. The challenge was launched in January 2021 for start-ups with ready to deploy innovations […] Read more
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Focus on Energy Storage: The Technologies Leading the Charge Updated On Thu, Aug 1st, 2019 by Saurenergy Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […] Read more
India has a Game Plan for Electric Vehicles: Amitabh Kant Updated On Mon, Jul 29th, 2019 by Saurenergy India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […] Read more
