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The Global Battle for Solid-State Battery Leadership

With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […]

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Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia

Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […]

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ZapBatt, Toshiba Collaborate On Lithium Titanium Oxide Battery Technology For Micro-Mobility

California-based ZapBatt has joined hands with Toshiba (TOSBF). The former will be fusing its AI software technology and battery hardware with Toshiba’s lithium titanium oxide (LTO) battery cells. This will make way for a new battery option for the micro-mobility marketplace. Toshiba has said that this solution will make lithium titanium oxide a faster, smarter, […]

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Battery Player Brill Power Raises $10.5 Million Series Funding

UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […]

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JIOS Aerogel Expands Innovation Program Battery Testing Laboratory in Singapore

World’s leading silica aerogel powder manufacturer, JIOS Aerogel has announced the expansion of its innovation program in partnership with VDE Renewables and its Battery Testing Laboratory in Singapore. JIOS said that it strongly believes in the value of leveraging third-party laboratories such as that of the VDE to provide confidence to its customers and complement […]

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IESA, FBICRC To Cooperate For Battery Supply Chain In India

India Energy Storage Alliance (IESA) has announced the signing of a Memorandum of Understanding (MoU) with Australia-based Future Battery Industries Cooperative Research Centre (FBICRC). The pact will focus on critical minerals and supply chain for advanced battery manufacturing in India. The two entities will cater to supply chain development and integration and Australian and India […]

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Portugal Largest Floating Solar Plant is Ready To Generate Energy

The Portugal-based electric utility company, Energias de Portugal’s (EDP) floating solar plant in Alqueva (South Portugal) is ready to produce electricity after seven months of construction work. According to the company, this is a significant step in the advancement of renewable energies has been made with the start of operation of this project. Along with […]

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Ola Will Invest $500 Mn In Battery Innovation Centre In Bengaluru

E-Mobility is catching the fancy of the companies across Asia Pacific region, thereby attracting ever higher investments. Following the trend, and adding its own ‘think big’ motto to it, Ola Electric recently announced an investment worth $500 million for setting up its futuristic Battery Innovation Centre (BIC) in the city of Bengaluru. A statement released […]

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REC Group gets EU grant for solar factory in France

REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […]

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