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Lithium batteries

India’s Li-Ion Market Will Touch CAGR of 14.8% in 2023-’28: IMARC

A study by IMARC Group, called “Indian Lithium-Ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” makes interesting observations about India’s lithium-ion battery market. As per the study, the Li-Ion market of the country reached US$ 2.5 Billion last year. The study says that the market will touch US$ 5.9 Billion by […]

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Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh

Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […]

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Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower

Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […]

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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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RecycleKaro Invests Rs 100 Cr to Set Up Nickel Facility in Maharashtra

RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced its plans to establish Nickel metal plant with a substantial investment of Rs 100 crores in Maharashtra. RecycleKaro maintains that it is committed to completing the value chain of a circular economy and meeting the surging demand for lithium-ion batteries in India’s electric vehicle market. […]

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Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030

The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […]

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Germany’s MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency

Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature’s patterns, the company’s engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical […]

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The Top 5: Improbable Energy Storage Possibilities Turned into Reality

The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […]

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USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit

The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […]

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