Energy Storage Market Predicted to hit $500 Billion by 2035: Lux Research Updated On Thu, Feb 27th, 2020 by Saurenergy The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
AES Distributed Energy Secures $341 Million in Debt Financing Updated On Fri, Feb 21st, 2020 by Saurenergy AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […] Read more
New Breakthrough Capacitor With Fast Charging and Longer Battery Life Updated On Wed, Feb 19th, 2020 by Saurenergy A new bendable super capacitor made from graphene, which charges quickly & safely stores a record-high level of energy for use over a long period, has been developed A new bendable super capacitor made from graphene, which charges quickly and safely stores a record-high level of energy for use over a long period, has been […] Read more
Renewable Device That Can Generate Electricity out of Thin Air Updated On Tue, Feb 18th, 2020 by Saurenergy Scientists at UMass Amherst have developed a device that uses a natural protein to create electricity from moisture in the air Scientists at the University of Massachusetts Amherst have developed a device that uses a natural protein to create electricity from moisture in the air, a new technology they say could have significant implications for […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
Fifteen Cleantech Startups Awarded for Unique Technology, Biz Model Updated On Fri, Feb 14th, 2020 by Saurenergy In a bid to encourage startup companies in the cleantech space, fifteen companies addressing climate change and energy access were awarded by the Government of India, BIRAC, Tata Trusts, Tata Power and Social Alpha. These companies were working on technologies for energy storage, smart metering, clean cooking, innovative electric vehicle (EV) solutions, battery technologies, energy monitoring […] Read more
