Growatt Puts Spotlight On Solar Plus Energy Storage For Myanmar Updated On Tue, Apr 30th, 2024 by Saurenergy Leading inverter maker Growatt hosted an event in Myanmar recently centered on solar energy storage. With a comprehensive showcase of Growatt’s latest advancements across residential and commercial sectors , Growatt emphasized its tailored solar solutions for Myanmar. However, with abundant solar resources, Myanmar has been actively embracing solar energy solutions to tackle the challenges and […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries Updated On Mon, Apr 8th, 2024 by Saurenergy South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […] Read more
Log9 Materials Gets BIS Certification For Its LTO Batteries Updated On Tue, Apr 2nd, 2024 by Saurenergy Log9 Materials, an Indian company specializing in advanced battery solutions, announced today that its LTO (Lithium Titanate Oxide) batteries have received certification from the Bureau of Indian Standards (BIS). These Log9’s BIS-certified LTO batteries boast enhanced safety due to their inherent thermal and chemical stability, minimizing the risk of fire or explosion compared to conventional lithium-ion […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
Toyota, Panasonic Form Primearth For Mass Production Of EV Batteries Updated On Wed, Mar 6th, 2024 by Saurenergy Toyota Motor Corporation plans to mass-produce diverse EV batteries by making Primearth EV Energy Co., Ltd. (PEVE) with Panasonic Holdings Corporation a wholly owned subsidiary to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March. Toyota Motor Corporation has agreed with Panasonic Holdings Corporation (Panasonic HD) to […] Read more
Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece Updated On Wed, Feb 21st, 2024 by Saurenergy Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […] Read more
