Battery Resourcers Secures $70 M to Expand Recycling Tech Updated On Wed, Sep 22nd, 2021 by Saurenergy Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […] Read more
Battery Maker EnerVenue Raises $100 M in Series A Funding Updated On Thu, Sep 16th, 2021 by Saurenergy US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […] Read more
Vistra’s Moss Landing Storage Facility Offline Post “Overheating Incident” Updated On Tue, Sep 14th, 2021 by Saurenergy Texas-based energy company Vistra Corp has begun its preliminary assessment of Phase I (300 megawatts) of its Moss Landing Energy Storage Facility in California following an “overheating incident” that occurred on the evening of Sept. 4 and rendered Phase I of the facility out of service. Teams from Vistra, battery manufacturer LG Energy Solution, engineering […] Read more
GESCL Floats 35 MW/57 MWh Solar+Storage EPC Tender Updated On Wed, Sep 8th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has issued a Request for Proposal (RfP) to appoint contractors for the design, engineering, installation, construction, commissioning & operation and maintenance of a 35 MW (AC) solar PV grid-connected power plant along with a minimum 57 MWH battery energy storage system, with 12 years O&M, at its Kutch Lignite Thermal Power […] Read more
Toyota Plans $13.5 B Investment in EV Battery Tech by Decade End Updated On Wed, Sep 8th, 2021 by Saurenergy Japanese auto major Toyota Motor is planning to spend over $13.5 billion by 2030 to develop batteries and its battery supply system, aiming to head technological developments over the next decade, revealed an online briefing on batteries and carbon neutrality. The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, […] Read more
EDF, California Community Group Sign 300 MW Solar+Storage PPA Updated On Tue, Sep 7th, 2021 by Saurenergy EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year Power Purchase Agreement (PPA) for the Desert Quartzite Solar-plus-Storage project, which consists of of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system (BESS). The project is expected to begin delivery of clean electricity to […] Read more
Hungarian Village Gets Mobile Energy Storage Unit Updated On Mon, Sep 6th, 2021 by Saurenergy German electric utility E.ON has been developing large-scale mobile and flexible battery storage systems (BESS) in Hungary to facilitate the integration of new green power plants into existing grids at short notice. Last week the company connected the third such mobile storage system to the local distribution grid in Dúzs. The move was part of the EU-funded […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
RWE to Procure 200 MW of Storage from LG for US Solar Project Updated On Thu, Sep 2nd, 2021 by Saurenergy German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […] Read more
