SoftBank Group Corp.’s massive Vision Fund is making its first-ever energy storage bet — and it’s on a rather unconventional type of battery. The fund, created by Japanese tech giant SoftBank Group Corp., is investing $110 million in Energy Vault, a Swiss startup that’s using cranes and concrete to store energy. An electric crane hoists […]
Battery-powered ships next up in battle to tackle emissions
Four Japanese companies have teamed up to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries TOKYO: The electric battery boom has a new target: ships. Four Japanese companies have teamed up to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and […]
Europe is beating the US in the battery race—with China’s help
The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car—that is, upfront cost plus lifetime fuel cost—will be […]
Bavarian solar-plus-storage subsidy scheme launches today
A new subsidy scheme for residential solar-plus-storage installs is now live in Bavaria. The state in southern Germany will provide €500 (US$550) for a storage system of at least 3kWh and a further €100 (US$110) for each additional 1kWh up to a maximum of €3200 (US$3530). The storage system must be paired with a solar […]
Los Angeles County gas plant to be partially replaced by batteries and solar
An aging gas power plant in Glendale, California will soon be repowered by a combination of distributed solar, energy storage, and geothermal energy. Municipal utility Glendale Water & Power (GWP) received approval to move ahead with the project from Glendale City Council on July 23. Its original proposal, which consisted primarily of thermal generation and […]
Lithium-ion Battery Manufacturing Heating Up In India
Interest in electric vehicles (EVs) is getting super hot in India. Having missed out on building its own manufacturing base for solar PV, India seems conscious about not missing the EV opportunity, especially for lithium-ion battery manufacturing (LIB). Through programs like “Make in India” and by providing special manufacturing zones with infrastructure, connectivity, and cheap […]
GEDA invites EOI for Authorization of Manufacturers For Marketing & Distribution of Battery Operated Vehicles (BOVs) Low speed & High speed Two wheelers
Authorization of Manufacturers For Marketing & Distribution of Battery Operated Vehicles (BOVs) Low speed & High speed Two wheelers with advance battery in Gujarat State under GEDA Subsidy scheme Ye For more information please see below link:
GEDA invites EOI for Authorization of Manufacturers For Marketing & Distribution of Battery Operated Three Wheelers
Authorization of Manufacturers For Marketing & Distribution of Battery Operated Three Wheelers (E-Rickshaws) with advance battery in Gujarat State under GEDA Subsidy scheme 2019-20 For more information please see below link:
MG says sales of full battery electric car to begin in September
MG has just announced that the all-electric version of its ZS SUV/crossover will go on sale in the UK in September this year, with an on-the-road starting price of £28,495 (around $A50,500 plus the usual Australian mark-ups). After deducting the UK Government’s low emission vehicle grant of £3500 (plus a matching discount from MG), that […]
EV Giants Vie For Battery Dominance
While researchers seek alternatives to lithium ion dominance in the battery space and European carmakers and governments pour billions into local battery production capacity to reduce import dependence, the leaders in the EV space cement their position with—that’s right—batteries. Tesla is the most sold battery electric vehicle globally as of end-2018. Nissan with its Leaf […]
