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Govt & Firms Join Hands For 50 GWh Capacity Battery Storage Under PLI Scheme

Reliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited have signed the Programme Agreement under the PLI scheme  (Production Linked Incentive) for Advanced Chemistry Cell (ACC) battery storage, the Ministry of Heavy Industries has announced. Earlier in the year, Reliance New Energy Solar, Hyundai Global Motors, Ola Electric Mobility, Rajesh Exports […]

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Govt Mulls Law To Privatise Lithium Mining For Battery Production

The Union Government may introduce a change in the law to permit private miners extraction of Lithium, a crucial component of batteries used in electric vehicles, without which, energy independence in green technologies is difficult to achieve. It is being said that the Modi government aims to change current laws during the current session of […]

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Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru

Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […]

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Watch Out For World’s First Solar-Powered Mass Market Electric Car

Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […]

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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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The Global Battle for Solid-State Battery Leadership

With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […]

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Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia

Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […]

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ZapBatt, Toshiba Collaborate On Lithium Titanium Oxide Battery Technology For Micro-Mobility

California-based ZapBatt has joined hands with Toshiba (TOSBF). The former will be fusing its AI software technology and battery hardware with Toshiba’s lithium titanium oxide (LTO) battery cells. This will make way for a new battery option for the micro-mobility marketplace. Toshiba has said that this solution will make lithium titanium oxide a faster, smarter, […]

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