Distributed Storage

A new report by JMK Research says annual electric vehicle sales in India touched 1.67 million units in FY 2024, 42% up year-on-year. Among all segments, electric cars registered maximum YoY growth of 90% despite the availability of limited models in this segment.

The certification signifies that Log9’s lithium titanate oxide (LTO) batteries comply with India’s stringent safety and performance standards for EV batteries.

Panasonic Energy and IndianOil have started discussing the framework for the formation of joint venture to manufacture cylindrical lithium-ion batteries in India. The JV will cater to the battery demand for two- and three-wheel vehicles and energy storage systems in the Indian market.

Energy storage is the new solar for an increasing number of Chinese PV manufacturers. However, China still requires enabling policies for storage to provide the end-market volumes needed to bolster the fortunes of manufacturers old and new.

Researchers in Australia have compared the technical and financial performances of a hydrogen battery storage system and a lithium-ion battery when coupled with rooftop PV. They evaluated two commercially available systems – LAVO and Tesla Powerwall 2 – and found that the lithium-ion battery provides better financial profits, whereas the hydrogen battery offers more battery lifespan for long duration of energy storage.

While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under way, it remains unclear whether this promising technology can tip the scales on supply and demand. Marija Maisch reports.

Tata Power, in collaboration with Ayodhya Development Authority (ADA), has made Ayodhya electric vehicle (EV) ready by establishing EV charging points in and around the city.

Industry experts at the 4th Edition of the International Conference on Stationary Energy Storage India (SESI) 2024 emphasised the rapid deployment of battery energy storage system (BESS) and pumped hydro in India.

Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.

Noida-based RCRS Innovations Ltd, the parent company of lithium-ion battery manufacturer EXEGI, plans giga-scale expansion. It will also launch container-sized energy storage solutions with megawatt-hour level capacities and add TOPCon products to its range of solar panels.