Govt & Firms Join Hands For 50 GWh Capacity Battery Storage Under PLI Scheme Updated On Mon, Aug 1st, 2022 by Saurenergy 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 […] Read more
Nexcharge Starts Production of Li-ion Battery Packs and Modules Updated On Fri, May 6th, 2022 by Saurenergy Nexcharge has announced the inauguration of its manufacturing plant at Prantij, Gujarat which is spread across 6 lakh square feet for the production of Li-ion battery packs and modules (Pouch/ Prismatic/ Cylindrical Nexcharge says that the facility has 6 fully automated assembly lines and testing labs with an installed capacity of 1.5 GWh and will […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
Lohum Plans Integrated Li-Ion Unit f 3 GWh/3000 MWh At Gr. Noida Facility Updated On Wed, Jul 28th, 2021 by Saurenergy LOHUM, positioned as the world’s leading integrated lithium-ion battery player, has announced that it will set-up 3GWh capacity single-location integrated Li-ion battery manufacturing and recycling factory in Greater Noida, Uttar Pradesh within the next 18 months. The integrated factory will have the battery manufacturing capacity of 1 GWh/ 1,000 MWh and 2GWh/ 2,000 MWh of […] Read more
Vegas-based Barrel Energy Signs MoU for Lithium Battery Production in India Updated On Fri, Feb 12th, 2021 by Saurenergy Las Vegas-based Barrel Energy has signed an MoU to partner with Roshan Energy for Lithium Battery development and production in India and NA. Las Vegas-based Barrel Energy, an energy and minerals sector player, has announced that it has signed a Memorandum of Understanding (MoU) to enter a partnership with Roshan Energy Technologies, located in Hyderabad, […] Read more
Battery Mfg Startup Lohum Cleantech Raises $7 Million Updated On Mon, Jan 18th, 2021 by Saurenergy Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had […] Read more
Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad Updated On Thu, Dec 24th, 2020 by Saurenergy In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade. The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
