Government of India (“GoI”) in March 2019, launched the National Mission on Transformative Mobility & Battery Storage (the “Mission”), under the Chairmanship of the CEO, NITI Aayog. The Mission, apart from notifying various policy interventions to promote electric vehicle penetration in India, has proposed the National Programme on Advance...
Curtin University has developed a new battery technology, not only to bring down the cost of energy storage, but also to ensure the technolgy to become more sustainable and environmentally friendly. The technology does not include any rare earth elements and does not consume any of our planet’s resources. The...
CLEVELAND - A new Freedonia Group analysis projects global demand for batteries to rise 8.1% per year to $156 billion in 2024, driven by expansion of the hybrid and electric vehicle (HEV) industry, which makes use of high-value lithium-ion batteries. The automotive market is the largest outlet for battery sales worldwide, accounting for 36% of...
SAN FRANCISCO - Direct Energy Business has announced recent changes in its energy strategy to offer the benefits of battery storage in California. Over the course of 2020, Direct Energy Business entered into a portfolio of agreements with LS Power to obtain resource adequacy and energy storage swaps from their 250 megawatt (MW) Gateway...
TOKYO- RS Components, a trading brand of Electrocomponents plc, a global omni-channel solutions partner for industrial customers and suppliers, is now stocking CeraCharge, the industry's first rechargeable solid-state SMD battery from TDK. Small, easy to assemble, and intrinsically safe, CeraCharge combines the capacity of Lithium-ion (Li-ion) batteries with the safety...
SEOUL, South Korea- Clarios Delkor Corporation has won the KS-QEI award, with this year's results demonstrating success for both the Usage Quality Index and Emotional Quality Index. Clarios Delkor Corporation received the highest scores in consumer evaluation, once again confirming customer confidence in the company. The KS-QEI is Korea's only comprehensive index...
NEW YORK- The lithium-ion battery recycling market is growing on account of the limited availability of the said metal and rising adoption of electric vehicles (EV). As a result, the industry revenue will surge from $165.3 million in 2019 at a substantial CAGR of 18.3% during 2020–2030. In such energy storage devices, the...
CHARLOTTESVILLE, Va. and SCOTTSDALE, Ariz - Storz Power has created a strategic alliance with Lumin, maker of the leading energy management platform in the U.S. and Caribbean. The pairing enhances Storz Power's AI+Smart Access by providing grid-responsive load shedding technology, automating off-grid back up operation. "We want to better forecast...
Toyota City, Aichi/Kadoma City, Osaka, Japan//―Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic batteries. This decision comes just over a year since the two companies announced on January...
KAWANISHI-CITY, Japan, Sept. 19, 2020 -- Rechargeable batteries are a very important device because they can store electricity produced by sustainable energy sources such as wind power and solar cells. So far, lithium ion batteries are the typical rechargeable battery in modern society. Therefore, the challenge to increase the capacity of lithium...