In Short : Battery pack prices have dropped to \$55/kWh, potentially sparking a boom in India’s energy storage market. With strong government support, cost-effective storage could accelerate renewable integration and reduce coal reliance. India aims to become the third-largest market for utility-scale batteries by 2030, supported by major investments from firms like Reliance and JSW […]
VIABILITY GAP FUNDING FOR BATTERY ENERGY STORAGE SYSTEMS – EQ
In Short : India has approved Viability Gap Funding (VGF) to support the development of 4,000 MWh Battery Energy Storage Systems (BESS) by 2030-31. The initiative aims to enhance grid reliability, enable renewable energy integration, and make storage solutions commercially viable. VGF will reduce project costs, accelerating India’s transition towards a clean, sustainable, and energy-secure […]
Battery Energy Storage Systems: A Clean Energy Solution NY Needs -EQ
Battery Energy Storage Systems: A Clean Energy Solution NY Needs In Short – Battery Energy Storage Systems: A Clean Energy Solution NY Needs In Details– Battery Energy Storage Systems (BESS) are an increasingly important and increasingly discussed component of the renewable energy future needed to displace fossil fuels. As we make the transition to wind, solar […]
Flexible geothermal power approach combines clean energy with a built-in ‘battery’-EQ
In Short -Innovative geothermal power strategy merges clean energy with an integrated ‘battery,’ offering flexibility in energy provision. In Detail-Many consider geothermal to be an around-the-clock clean energy resource, but according to a Princeton-led study in collaboration with startup Fervo Energy, operating new geothermal plants flexibly could provide the best value for the grid. By […]
Govt. to re-auction of PLI for batteries soon – EQ Mag
In India’s Rs 18,100 crore project to increase domestic battery cell production, the government announced the re-bidding of production-linked incentives for 20 GWh Advanced Chemistry Cell manufacturing. Before the rebidding process for the final 20 GWh of capacity begins, the Ministry of Heavy Industries (MHI) will host a stakeholder engagement with industry representatives on July […]
Chery Submits Trademark Application for Battery, Thus Revealing Its Alliance with CATL in Product Development – EQ Mag
Several Chinese business information websites recently reported that compatriot carmaker CHERY has submitted an international trademark application for “Yuanqi Battery by CHERY and CATL”. The class that this trademark belongs to is 09, which encompasses scientific instruments. Currently, the application is still pending. As the trademark suggests, CHERY and CATL have formed a very close […]
Battery News Today — Water In Texas, Hydrogen In Kentucky – EQ Mag
Battery technology continues to advance by leaps and bounds. The latest trend is water and hydrogen batteries that last longer and cost less. The search for longer lasting, higher power, less expensive batteries is ongoing in laboratories around the world. The lithium-ion battery is a marvelous thing, but it takes too long to charge, its […]
Why It’s Time to Officially Get Over Your EV Range Anxiety – EQ Mag
New research looks at driving patterns, EV range and charging times, and comes to some surprising conclusions that should put consumers’ minds at ease. Electric vehicle batteries keep getting larger, and the typical driving range between charges keeps growing. The shift is partly a response to “range anxiety”—the fear of being stranded because EV batteries […]
UK electric vehicle production up by a fifth in October – EQ Mag
But trade body SMMT warns supply chain turbulence and economic headwinds still pose major challenges for the UK car sector and its transition to EVs. UK production of electric vehicles (EVs) continues to rise, with volumes up more than a fifth as domestic car production returned to growth in October, according to the latest industry […]
Lithium frenzy sees China ceramics hub refocus on battery metals – EQ Mag Pro
Here’s one other signal of the world’s lithium frenzy: Chinese factories that sometimes make ceramics for toilet tiles are switching to produce the electric-vehicle battery materials as an alternative. Lithium has turn into super-expensive this 12 months as automobile and battery producers scour the planet for scarce provides, and because the trade has hit limits […]
