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storage batteries

Japanese Firm to Build World’s 1st Power Transfer Vessel

PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […]

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eBikeGo Unveils New Electric Moto-scooter Starting at Rs. 79,999

eBikeGo, a leading electric two-wheeler mobility platform, has announced the debut of ‘RUGGED’, a sustainable and sturdy electric moto-scooter. With the government’s recent announcement that electric vehicles will not be subject to road tax, the G1’s base model could end up costing substantially less than fuel 2-wheelers, said the company. Beginning in November 2021, deliveries will […]

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Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh

Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […]

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Pune-based BatteryPool Raises Funds from IAN & Others

Pune-based BatteryPool has raised an undisclosed amount of growth capital as part of its seed funding round. The startup offers battery charging solutions for EV fleets and commercial vehicles. The round was led by Indian Angel Network (IAN) and the Pune-based Venture Center under the NIDHI-Seed Support Scheme, and lead investors, including Arjun Seth and Harshavardhan […]

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Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030

Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […]

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Over 5.17 Lakh EVs Registered over Three Years in India Under FAME

The Ministry of Heavy Industries of India declared that India registered a total of 5,17,322 electric vehicles (EVs) over three years under the FAME scheme.  Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was launched in 2015 to promote the adoption of EVs in the country. At present, Phase-II […]

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Nanotech Energy Secures $64 M for Global Graphene Business

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 […]

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Joe Biden Sets About Correcting Trump Largesse For ICE Auto Firms

US President Joe Biden’s recent order aimed at making half of all new vehicles sold in the US in 2030 electric is expected to make a dent in the country’s consumption and emission levels, even though it’s a non-binding deal with the country’s biggest automakers. The administration has also proposed new vehicle emissions standards that […]

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Hyundai Partners with UL for Safe Deployment of Second Life BESS

The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […]

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