The outbreak of COVID-19 in 2020 has had a major impact on the global economy, PV market environment and user consumption patterns. As the world’s top provider of PV storage inverters, batteries and charging solutions, SOFARSOLAR has gone against the current in the domestic and foreign markets and has achieved a hasty sales growth of […]
TNG to Develop Vanadium Redox Flow Batteries in Malaysian Green Energy Collaboration
Resource and mineral processing technology company TNG Limited (ASX: TNG) has inked a deal to work with Malaysian green energy company AGV Energy & Technology to develop vanadium redox flow batteries (VRFB) and hydrogen technology. According to a heads of agreement, the pair will collaborate on the proposed integration of VRFB with AGV Energy’s green […]
Samsung SDI Plans to Mass Produce All-Solid-State Batteries in 2027
According to reporting by BusinessKorea and other news agencies, Samsung SDI, which is the battery manufacturing subsidiary of Samsung, announced on May 25 that it will begin developing large-sized, all-solid-state battery cells in 2025 and have prototypes ready by the end of the same year. Furthermore, the mass production of all-solid-state cells is scheduled for […]
Autumn Tender For RES Power Storage Batteries
Greece plans to invite investors to build batteries for renewable energy power, with a total storage capacity of 700 megawatts, later this year, Energy Minister Kostas Skrekas said late on Tuesday. Speaking at a digital conference, Skrekas said that Greece will launch a tender for storage batteries in autumn, budgeted at 200 million euros. Greece […]
PLI Scheme to Help Reduce Cost of Electric Vehicles in Long Term
Analysts said this scheme would drive a substantial reduction in the cost of batteries, which would prove critical in driving electrification. PLI incentive coupled with expected decline in lithium prices, would lower the cost of lithium cells to below USD70/Kwh within the next 4–5 years New Delhi: The production linked incentive (PLI) scheme, announced by […]
Amara Raja Batteries to Diversify Into New Energy Opportunities
It announced expansion of lead acid batteries business and establishment of a new energy strategic business unit encompassing lithium cell and battery pack, EV chargers, energy storage systems, advanced home energy solutions and related products and services. Hyderabad: Amara Raja Batteries Ltd (ARBL) on Monday announced energy and mobility as its strategic focus going forward […]
Roadmap Needed to Develop ‘Clean’ Auto Industry
To develop electric vehicle industry, charging stations, batteries and reasonable prices are all needed. But an overall policy for these issues is not yet available in Vietnam, particularly battery waste disposal and treatment. Electric cars are cleaner than internal combustion engine cars (fueled by petrol and oil). This is considered a global solution to the […]
BYD Installed 2.17 GWh of Batteries for New Energy Vehicles and Energy Storage in April
BYD, a major electronics assembler and manufacturer of new energy vehicles (NEVs) in China, made a voluntary announcement on the Hong Kong Stock Exchange on May 7 to present its vehicle production and sales figures for April. The announcement also noted that the installed capacity of BYD’s power batteries for NEVs and energy storage batteries […]
Tesla to Buy More Than $1 Billion of Australian Battery Minerals a Year
Tesla already sources three quarters of its lithium feedstock from Australia and over a third of its nickel, Denham said, without specifying a dollar figure. MELBOURNE – Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. […]
Batteries Used in Hearing Aids Could be Key to The Future of Renewable Energy
If necessity is the mother of invention, potential profit has to be the father. Both incentives are driving an effort to transform zinc batteries from small, throwaway cells often used in hearing aids into rechargeable behemoths that could be attached to the power grid, storing solar or wind power for nighttime or when the wind […]