BYD Company Ltd. is a leading high-tech multinational company based in Shenzhen, China. Since its establishment in 1995, BYD has developed solid expertise in rechargeable batteries, becoming a relentless advocate of sustainable development.BYD has successfully expanded its renewable energy solutions globally with operations in over 50 countries and regions. After Read more…
The battery industry in India that comprises automobile, sealed maintenance free (SMF), tubular and lead acid batteries, has been registering an annual growth rate of 25 per cent year on year. While China still remains the world’s largest battery market, India is expected to register the strongest growth in sales Read more…
A lithium-ion (Li-ion) battery is an advanced battery technology that uses lithium ions as a key component of its electrochemistry. During a discharge cycle, lithium atoms in the anode are ionized and separated from their electrons. The lithium ions move from the anode and pass through the electrolyte until they Read more…
Solar panel systems have become one of the fastest-growing sources of energy in the United States. According to the Solar Energy Industries Association, the solar market is expected to double in size by 2023, becoming a $4.5 billion market by that time. The popularity of solar power has led to Read more…
Project will provide low-cost solar power and grid reliability support to California Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power LLC (“GSRP”). Revenue from the transaction will be recognized in Q1 2021 and Read more…
Image: European Battery Alliance he European Battery Innovation project has been approved for up to €2.9 billion in funding by the European Commission. The project, which was jointly prepared by 12 member states and involves 42 participants, is planned to cover the entire battery value chain from extraction of raw Read more…
The California-based battery technology company, Romeo Power, announced that it has completed its ‘business combination’ with RMG Acquisition, becoming a public entity in the process. RMG Acquisition is a special purpose acquisition company (SPAC). According to the announcement, the merger is worth $900 million (~₹65.97 billion). Romeo Power raised approximately Read more…
Energy Efficiency Services Limited (EESL) has plans to install 500 electric vehicle (EV) charging stations in the country during FY 2020-21. Mr Rajat Sud, EESL Managing Director said that around 207 EESL charging stations have been installed around the country.He also said “The beginning of the financial year was difficult Read more…
Automatically identifies, repairs defects in lithium-ion batteriesThe IIT Hyderabad-incubated startup PURE EV has developed an artificial intelligence-driven hardware that automates identification and repair of defects in lithium-ion batteries of electric vehicles. This next-generation technology completely does away with the requirement for customers to visit service centres to address battery defects. Read more…
To promote the use of electric vehicles (e-vehicles) in Haryana, the first e-charging station in the state was inaugurated here on Monday by Ministry of Petroleum and Natural Gas Secretary Tarun Kapoor. The station is housed at the Renewable Energy Building here. In this e-charging station, free charging facilities will Read more…