US scientists discover way to improve battery efficiency for grid, transportation Updated On Mon, Mar 28th, 2022 by Saurenergy Battery-powered vehicles have made a significant dent in the transportation market. But that market still needs lower cost batteries that can power vehicles for greater ranges. Also desirable are low-cost batteries able to store on the grid the intermittent clean energy from solar and wind technologies and power hundreds of thousands of homes. To meet […] Read more
Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
Bounce Infinity partners with Greaves Retail for battery swapping stations Updated On Thu, Mar 24th, 2022 by Saurenergy Swappable battery infrastructure provider Bounce Infinity has partnered with Greaves Retail, the retail business division from Greaves Cotton, to provide battery swapping stations for its EV fleet to accelerate the adoption of affordable mobility with battery-as-a-service. The battery swapping service will be for both electric 2-wheelers (Ampere) and 3-wheelers. The company has identified Bengaluru as […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries Updated On Tue, Mar 22nd, 2022 by Saurenergy Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
BPE Launches Nrgx 5000 UPS with Li-ion Battery EXL Series Updated On Mon, Mar 21st, 2022 by Saurenergy Noida based Best Power Equipments (BPE) has launched its latest model Nrgx 5000 UPS with Li-ion Battery (ESS – Energy Storage Solution) for both home & small businesses. The company says that the product is a robust UPS that covers all aspects of home, office and small businesses’ power needs. BPE says products will be […] Read more
Jaguar I-Pace batteries find second life as Energy Storage Systems Updated On Wed, Mar 16th, 2022 by Saurenergy Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […] Read more
