Tokyo University Research Demonstrates Efficacy of Magnesium Ion-Based Batteries
Researchers from Japan have developed a novel Mg2+ (magnesium ions) conductor with practically applicable superconductivity, which overcomes their poor conductivity in solids at room temperature. Solid-state rechargeable lithium-ion (Li+) batteries ...
Exide to Procure 80 Acres of Land in Bengaluru to Set Up Lithium-Ion Gigafactory
Exide Energy Solutions, a wholly owned subsidiary of Exide Industries, has signed a lease-cum-sale agreement with Karnataka Industrial Area Development Board (KIADB) to procure an 80-acre land parcel at Hitech ...
Researchers Develop Metal-Free Electrolyte to Make Large-Capacity Batteries
Two researchers from the University of Arizona have developed a metal-free electrolyte that they plan to use to make non-toxic batteries that can store large amounts of electricity. The team ...
Battery Storage Company Flux Power’s Revenue Up by 89% YoY in Q3 FY 2022
U.S.-based lithium-ion storage solutions provider Flux Power Holdings recorded $13.2 million in revenue in the third quarter (Q3) of the fiscal year 2022, an increase of 89% from $7 million ...
Researchers Develop a Solid Electrolyte to Create Safer and Efficient Batteries
Researchers at the University of Waterloo, Canada, who are members of the Joint Center for Energy Storage Research in the U.S. (JCESR), claimed that they had developed a new solid electrolyte ...
India’s Annual Battery Market Could Surpass $15 Billion by 2030: NITI Aayog Report
NITI Aayog, in collaboration with the Rocky Mountain Institute (RMI), recently published a report, which estimates India's future demand for batteries under an 'accelerated scenario' and a 'conservative scenario,’ to ...
US Department of Energy to Invest $2.91 Billion to Boost Advanced Batteries’ Production
The U.S. Department of Energy (DOE) issued two notices of intent to invest $2.91 billion to enhance the production of advanced batteries, critical to the fast-growing clean energy industries, including ...
Energy Storage Company Flux Power Logs $7.7 Million Revenue in Q2 FY 2022, a 19% Growth YoY
Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, has reported a revenue of $7.7 million in the second quarter (Q2) of the fiscal year (FY) 2022, a 19% year-over-year ...
Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million
From: Mercom Capital Group Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social Capital led the round with the ...
Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million
From: Mercom Capital Group Enpal, a German-based solar PV and battery leasing solutions company, secured senior debt commitments of €275 million (~$322 million) from BlackRock, Pricoa Private Capital, and UniCredit. In addition, ...
GODI Energy Raises Funds from Blue Ashva to Set Up Supercapacitor & Li-ion Cell Facility
Hyderabad-based energy technology company GODI India has raised funds from Blue Ashva Capital through its Blue Ashva Sampada Fund. The company will use the funds to set up supercapacitor and lithium-ion (Li-ion) cell ...
New Electrolyte Found to Achieve Greater Energy Density in Lithium-Ion Batteries
A team of researchers at the Massachusetts Institute of Technology (MIT) and other organizations have found a novel electrolyte that could make it possible for lithium-ion batteries, which now typically ...
Ather Energy Begins Electric Two-Wheeler Production at its Facility in Tamil Nadu
Indian electric two-wheeler manufacturer, Ather Energy, has commenced operations from its facility in Hosur, Tamil Nadu. Ather has also started deliveries in Mumbai, Pune, Ahmedabad, Bangalore, Chennai, and Hyderabad, and ...
Molten Salt Metal-Air Battery Can Extend the Range of Electric Vehicles
A team of researchers from the University of Nottingham, in collaboration with six research institutes of China, has designed a new rechargeable battery using salt as a key ingredient to ...
Karnataka Allocates Over $3 Billion for Setting up EV Base, Solar-Wind Hybrid Projects
The Karnataka government has approved ₹224.19 billion (~$3.03 billion) to establish an electric vehicle (EV) manufacturing base in the state. It also approved ₹42.40 billion (~$574 million) for two wind-solar ...
Large Consumer Electronics Players are Leading Battery Storage Innovations Globally
Asian consumer electronics players and carmakers are driving research and development in the battery and energy storage arena, according to a joint study by the European Patent Office (EPO) and ...
Average Cost of Lithium-ion Battery Cell Likely to Plummet to $100/kWh in 2023: Report
Average lithium-ion (Li-ion) battery cell cost will fall below $100/kWh in the next three years, while improved cheaper technologies and economies of scale will drive it down to $73/kWh by ...
China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study
Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, ...
C-MET Seeks Co-funding Partners for Li-ion and Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The ...
This Machine Learning Algorithm Could Improve Lithium-Ion, Fuel Cell Performance
Researchers at Imperial College London claim to have developed a new machine-learning algorithm that could improve the design and performance of lithium-ion batteries and fuel cells. They claimed that the algorithm would ...
Researchers Announce Cheaper Sodium-ion Battery to Compete with Lithium-ion
Researchers at the Washington State University (WSU) and Pacific Northwest National Laboratory (PNNL) announced that they have created a sodium-ion battery that can be made with widely and cheaply available ...
Researchers Develop New Way to Turn Polymers into Battery Components Using Microwaves
Researchers at Purdue University, in collaboration with researchers from the Indian Institute of Technology and Tufts University, have developed a technique to turn polymers into components for batteries using microwave ...
Indian Oil Partners with Israeli Battery Manufacturer to Produce Metal-Air Batteries
The Indian Oil Corporation Limited (IOCL) has announced that it has partnered with Phinergy, an Israeli battery manufacturer, to produce metal-air batteries which could potentially be used in electric vehicles ...
Tata Chemicals Sets Up Lithium-Ion Recycling Plant in India
Tata Chemicals, a company with interests in chemicals, crop nutrition, and consumer products, has entered the battery recycling industry. The company has started commercial operations to recover active cathode materials ...