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Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark

Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […]

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Sodium-ion Battery EV Takes Over: JAC Auto Unveils First EV of its Kind

World’s first Sodium-ion Battery Powered Electric Vehicle (EV) has finally made its debut. A Chinese EV brand JAC Auto has unveiled an EV which has diverted its source of power from traditional Lithium-ion batteries to cheaper Sodium-ion batteries, one of the trending research themes in energy storage and innovations across the industry. The First Sodium-ion […]

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India Needs Rs 33,750 Cr To Set Up Li-ion Cell, Battery Mfg Plants: CEEW

Lithium is now a crucial element that would  drive the  world towards energy transition in a major way. In a recent study -‘How can India indigenise lithium-ion battery manufacturing?’ released by the Council on Energy, Environment and Water (CEEW) said that India needs investments to the tune of Rs 33,750 crore to achieve the government […]

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Canadian Solar Mulls Solar & Battery Storage Manufacturing Expansion in China

Global solar manufacturer Canadian Solar Inc. has announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar has entered into a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province, China. Under the agreement, Canadian Solar will add vertically integrated high efficiency wafer, cell, and module capacity in Yangzhou’s clean […]

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The Top 5: Steps To Ensure High Performance From Your EV Battery 

For an EV, the battery is the most critical component. Even from a cost viability perspective, the battery’s cost constitutes around 30-40 per cent of the total cost of an EV. Thus, getting the best possible performance and longevity from the battery certifies the worth of the EV too. This article outlines the five steps […]

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Growatt Has New Advanced Battery For Global Energy Storage Applications

Global distributed energy solution provider, Growatt has announced the release of one-fits-all APX HV Battery which it claims to be a leading innovation in performance, operation, protection and installation. Integrated with the soft-switching parallel connection technology, the new battery solution contributes more energy by eliminating the effect of the energy mismatch between packs. Growatt held […]

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Battery Swap Service At Bangalore Metro Rail Stations

Japan-based carmaker Honda Motor’s subsidiary for battery swap services, Honda Power Pack Energy India Private Limited (HEID), and Bangalore Metro Rail Corporation Limited (BMRCL), a partnership between the governments of India and Karnataka, announced the launch of Honda e-swap services recently. HEID will run these services at the BMRCL Metro stations. The battery exchange service […]

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NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […]

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ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia

The renewable energy penetration looks bullish in the South East Asia. The new evidence comes from the fact that the Asian Development Bank (ADB) has signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 GW of solar power in Cambodia. According to statement […]

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