China’s CATL Reveals the First-generation Sodium-ion Battery Updated On Thu, Jul 29th, 2021 by Saurenergy Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […] Read more
Natron Raises $35 Mn to Expand Sodium-Ion Battery Commercialisation Updated On Thu, Jul 9th, 2020 by Saurenergy Natron Energy, a leading developer of low-cost Sodium-ion batteries using Prussian Blue chemistry, has raised USD 35 million in Series D funding Natron Energy, a leading developer and supplier of high-power, long-life and low-cost Sodium-ion batteries using Prussian Blue chemistry, has announced that it has raised USD 35 million in Series D funding to further […] Read more
Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more
Waaree Technologies In MoU With 3DBattery For Advanced Energy Storage Solutions Updated On Thu, Nov 30th, 2023 by Saurenergy Waaree Technologies Ltd. (WTL), the energy storage division of the Waaree Group, has announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
CNGR, Al Mada Partner For $2 Billion EV Battery Plant in Morocco Updated On Fri, Sep 22nd, 2023 by Saurenergy Chinese battery components manufacturer CNGR Advanced Material and the African private investment firm Al Mada have unveiled plans to establish an industrial hub in Jorf Lasfar, Morocco. This project will entail an investment of $2 billion. This collaborative endeavor was officially disclosed through a joint statement by the two firms. The two entities are currently […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy 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 […] Read more
Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape Updated On Mon, Aug 28th, 2023 by Saurenergy In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […] Read more
