Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Czech Auto Major Skoda Runs Dealership on 2nd Life Lithium Ion Batteries Updated On Thu, Aug 12th, 2021 by Saurenergy Skoda, the Czech automobile manufacturer is powering its dealerships in Prague using power generated through second-life lithium-ion batteries from its PHEVs and BEV models. It has announced plans to install power hubs made from its own old electric vehicle (EV) batteries, across its retailer network around the country. This comes under a partnership of Skoda […] Read more
Sicona Secures AU$3.7 M to Expand Battery Supplies Tech Updated On Thu, Aug 12th, 2021 by Saurenergy Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […] Read more
Nanotech Energy Secures $64 M for Global Graphene Business Updated On Wed, Aug 11th, 2021 by Saurenergy American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […] Read more
Masdar & EDF led 400MW Wind Farm in Saudi Arabia Begins Generation Updated On Mon, Aug 9th, 2021 by Saurenergy The 400 MW utility-scale wind power project, developed by a consortium led by EDF Renewables and Masdar, two of the world’s leading renewable energy companies, has started to produce electricity. The wind farm is claimed to be the largest and first in the Kingdom of Saudi Arabia. Called Dumat Al Jandal, it has been successfully […] Read more
Indian Scientists Make Dendrite-free Zinc-iron Redox Flow Battery Updated On Fri, Aug 6th, 2021 by Saurenergy Indian scientists have created a redox flow battery based on zinc and iron, which showed strong storage characteristics and no signs of degradation over 30 charge-discharge cycles. Additionally, the battery did not show any signs of dendrite formation, overcoming one of the key challenges for redox-flow batteries based on these low-cost, abundant materials. The researchers […] Read more
Li-Ion to Stay The Dominant Storage Standard For India Upto 2030-Report Updated On Thu, Aug 5th, 2021 by Saurenergy According to a report by Gurugram-based research and consulting firm Praxis Global Alliance, Lithium-ion technology will drive growth of stationary storage within Battery Energy Storage Systems (BESS) of India over the next 10 years. The assertion comes even as progress on other battery chemistry’s, be it Sodium ion or even Iron, continues apace. The report […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
China’s CATL Reveals the First-generation Sodium-ion Battery Updated On Thu, Jul 29th, 2021 by Saurenergy Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […] Read more