Electric mobility start-up Oye! Rickshaw plans to invest up to $500 million (over Rs 3,700 crore) in the next three years to set up battery swapping infrastructure for electric three-wheelers across India, according to a top company official. The company, which is backed by investors such as Matrix Partners, Chiratae Ventures, Xiaomi and industrialist Pawan […]
DNV Opening Battery Safety Lab in Netherlands
Testing and accreditation group DNV is going to build a Battery Safety Laboratory at Twente Safety Campus, a specialised complex in the east Netherlands dedicated to developing safety innovations and procedures. Twente Safety Campus pools knowledge and expertise on safety from a broad range of groups, including emergency services. DNV said last week that it […]
Tesla Expects to Procure Over USD 1 Billion of Battery Materials From Australia Every Year
At a recent event hosted by the Minerals Council of Australia, Robyn Denholm, chairperson of Tesla, said her company plans to spend more than USD 1 billion a year to procure raw materials from Australia. Tesla especially wants to tap into the country’s rich reserves of lithium and nickel. Presently, Tesla sources three-fourths of its […]
The Future of Battery-Free Stationary Energy Storage
Energy storage technology is key to the transition from fossil fuels to clean, sustainable power. Renewables such as solar and wind will have a greater role in electricity generation, but their intermittent nature means they cannot be relied upon 24/7; effective storage techniques must be found to ensure we reap the full benefits. Batteries currently […]
Electric Vehicles & DC Fast Charging: Moving to the Next Level
The IDTechEx report “Charging Infrastructure for Electric Vehicles and Fleets 2021-2031” finds that the total number of electric vehicle charging outlets surpassed 1 million in 2020, with both China and Europe at or below the optimum 10 electric vehicles per charging outlet. The US is lagging at ~17 electric vehicles per outlet, but with a […]
Reliance to Invest Rs 60,000 Cr to Build Integrated Solar Photovolatic Factory, Battery Making Unit, Green Hydrogen Unit: Mukesh Ambani
Reliance to invest Rs 60,000 cr to build integrated solar photovoltaic factory, battery making unit, green hydrogen unit: Mukesh Ambani. “We are launching our new energy business with aim of bridging the green energy divide in India, globally,” Mukesh Ambani said during the event. Source: devdiscourse
Honeywell Launches Battery Energy Storage System Platform to Help Users Forecast and Optimize Energy Costs
Battery storage will play a crucial role in grid stability as organizations transition to clean power generation – Scalable platform can improve resiliency, reduce supply costs and support corporate sustainability goals. Honeywell (Nasdaq: HON) announced today its Battery Energy Storage System (BESS) Platform, which integrates Honeywell asset monitoring, distributed energy resource management, supervisory control and […]
Europe Powers Up Electric Car Battery Drive
Automakers, which are under pressure to transition out of fossil fuel vehicles, are putting money into battery production. Paris: As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia. China, Japan and South Korea produce most […]
This Australian State Scraps Taxes on Electric Vehicles
The government said the state will invest A$171 million in infrastructure for charging EVs. Last year, only 0.7% of battery-powered models were sold out of Australia’s total vehicle sales. Australia’s largest state economy will waive levies on electric vehicles and will offer other incentives, which add up to as much as A$490 million ($366.5 million), […]
Manufacturer Reveals Involvement in World’s Biggest Battery Energy Storage System So Far
LG Energy Solution has said that it was the supplier of battery storage systems and equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California. Moss Landing Energy Storage Facility has the world’s largest battery energy storage system (BESS) with 300MW / 1,200MWh of lithium-ion batteries. It began operations in December last year, […]