IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA Updated On Mon, Dec 18th, 2017 by Saurenergy The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […] Read more
Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
Lithium-Ion Battery Market to Reach Worth $93.1 Billion by 2025: Grand View Research Updated On Fri, Nov 3rd, 2017 by Saurenergy The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […] Read more
Cygni Opens 4.8 GWh BESS Gigafactory, To Double Output by 2027 Updated On Thu, May 1st, 2025 by Saurenergy Hyderabad-headquartered Cygni Energy, India’s largest independent energy storage solutions company, has announced the commencement of its Phase-I, fully operational and automated Battery Energy Storage System (BESS) Gigafactory on April 30. Located in E-Mobility Valley, at the Electronics Manufacturing Clusters (EMC) Maheshwaram, Hyderabad, it is also India’s first “Leadership in Energy and Environmental Design” (LEED) qualified […] Read more
Top 5: Largest BESS Projects in the World in 2025 Updated On Sat, Apr 12th, 2025 by Saurenergy As large battery projects become more and more common across the world, a new initiative, BESS100 has emerged to track the largest among them all. The BESS100, an open source visual database of the 100 largest operational batteries in the world based on rated power i.e. MW, and not on installed or usable energy – […] Read more
India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report Updated On Mon, Jan 27th, 2025 by Saurenergy The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […] Read more
Hindustan Zinc, JNCASR Collaborate For Zinc-Based Batteries Updated On Thu, Aug 22nd, 2024 by Saurenergy Hindustan Zinc Limited, one of India’s leading integrated zinc producer, has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an institute sponsored by the Department of Science and Technology. This collaboration aims to develop new variants of zinc materials to propel the commercialization of zinc-based batteries. “At present, […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
