Loom Solar unveils energy storage system for homes and businesses
India’s Loom Solar has unveiled IoT-based all-in-one energy storage solutions for homes and businesses. The systems use lithium iron phosphate (LFP) batteries and are available in storage capacities of 5 kWh and 10 kWh.
Epsilon Group acquires LFP cathode technology centre in Germany
The purchase follows Epsilon’s recent $1.1 billion investment in the establishment of a 100,000-ton cathode battery materials manufacturing facility in Karnataka, India.
RecycleKaro invests INR 100 crore to set up nickel metal facility in Maharashtra
Maharashtra-based RecycleKaro will set up a plant to produce nickel metal from scrap lithium-ion batteries and nickel hydroxide. The plant is set for commissioning by December end and is expected to produce 1,200 tonnes of nickel metal annually.
OGO Energy launches residential battery storage solutions
India’s OGO Energy has launched battery energy storage systems with indigenously developed smart battery management system. These systems feature a modular design. Up to five battery modules of 5.12 kWh each can be combined to give a storage capacity of 25.6 kWh.
Servotech launches new unit for key EV charger components and lithium batteries
Servotech Power Systems has launched Techbec Green Energy to produce EV charger components and lithium-ion batteries. The new unit will have a 40,000 sq.ft. manufacturing facility in Haryana.
IIT Kanpur, UK’s H.E.L to collaborate on battery testing
UK-based H.E.L Group will provide IIT Kanpur with the latest battery testing technology under a collaboration agreement signed with IIT Kanpur.
Exide Energy secured $85.3 million of orders for lithium-ion battery packs, modules in fiscal 2022-23
Exide Energy (Nexcharge), which started commercial production last year, received a healthy order inflow for lithium-ion-based battery packs and modules during FY 2022-23.
Sodium-ion vs lithium-ion batteries
Lithium-ion batteries remain the preferred choice for electric mobility applications in India due to their higher energy density, well-established infrastructure, and safety record. However, the development of sodium-ion batteries continues, and they may have potential advantages in terms of cost and environmental impact, making them a promising alternative in the future.
New high-performance anode material for lithium-ion batteries
Indian researchers have synthesized an amorphous manganese dioxide-modified iron oxyhydroxide ternary composite as an anode material for lithium-ion batteries. The ternary composite anode exhibited stable cycling performance at high rates.
Epsilon Advanced Materials plans $650 million EV battery anode facility in USA
India’s Epsilon Advanced Materials will invest $650 million to set up a graphite anode processing facility in the USA. The facility will produce high-capacity synthetic anode materials for electric vehicle (EV) batteries.
