Lithium ion

MiniMines To Expand Battery Recycling In 3 New States: CEO

How has MiniMines been on its journey towards Lithium-ion battery recycling? Our journey started just before the COVID-19 pandemic. As a chemical engineer, I began my career at the Bhabha Atomic Research Centre, working on the recovery of uranium, cobalt, and nickel from deactivated waste liquor — which directly aligns with what we do today. […]

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MNRE Sets Norms For Solar Cold Storage With Thermal Energy Backup

The Ministry of New and Renewable Energy (MNRE) has established design, performance, and testing standards for Solar Cold Storage systems equipped with Thermal Energy Storage (TES) backup. These systems primarily operate on solar photovoltaic (PV) energy, providing a sustainable solution for preserving agricultural, fishery, dairy, and pharmaceutical products. The new regulations set performance requirements by […]

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Researchers Find New Way To Boost Lithium-ion Battery Performance

Researchers at the Seoul National University of Science and Technology (South Korea) have now found a new innovative way to boost the performance of Lithium-ion batteries. Lithium-ion batteries are considered key to the success of Electric Vehicles globally. The new research is likely to boost the use of Lithium-ion batteries in EVs and improve their […]

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Budget 2025: Experts Expect Spur In India’s Renewable Growth

The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […]

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Maxvolt Energy Launches Eco Series Li Battery For E-Scooters

Lithium battery pack supplier Maxvolt Energy announced launching Eco Series Lithium Battery for electric scooters. The firm said that Eco Series is designed to provide an accessible, high-performance, and hassle-free upgrade option for customers currently using lead-acid batteries. The Maxvolt Eco Series offers numerous benefits, including being lightweight, providing rapid charging, and ensuring 4-5 years […]

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Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

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EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report

India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […]

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Nissan Showcases All-Solid-State Battery Pilot Line In Japan

Japan-based Nissan has showcased its new in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture. At the media conference, the company showcased its pilot line which is aimed to further promote development and innovative manufacturing technologies for the batteries. Under Nissan’s 2030 long-term vision, it aims to […]

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Five Trends Which Can Shape Lithium-Ion Market In 2024

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […]

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