Saturday, March 2

Tag: Energy

LFP Battery: Future of Electric Vehicle
Automobile

LFP Battery: Future of Electric Vehicle

The battery manufacturing technology is rapidly evolving by the day to offer the features required to facilitate the shift to a more sustainable way of storing and using power. In this process of the development of new technologies, Lithium Iron Phosphate (LFP) is the one that is gaining popularity among consumers today. Recently, Tesla changed its battery chemistry and made a shift to LFP battery with an aim to increase vehicles efficiency and make them cheaper. Roughly speaking, affordable lithium-ion batteries typically have between 500 and 3000 life cycles. While premium Lithium Iron Phosphate LFP batteries can last anywhere from 3500 to over 4000 cycles. LFP batteries are manufactured by using lithium iron phosphate (LiFePO4) as the cathode material and a graphite carbon electr...
Venture Capital funding in Green Energy Raises $1.3 billion in Jan-Mar 2021
BUSINESS

Venture Capital funding in Green Energy Raises $1.3 billion in Jan-Mar 2021

Paris, Apr 30th, 2021: Global venture capital funding in energy storage, smart grid, and energy efficiency rose to USD 1.3 billion during January-March 2021, registering a whopping 410 percent year-on-year growth, a report released on Friday said. According to the report by Mercom Capital Group, the said segments had saw a combined funding of USD 252 million in same period of 2020. The venture capital (VC) funding (including private equity and corporate venture capital) raised by battery storage companies in Q1 or January-March quarter of 2021 came to USD 994 million in 13 deals compared to USD 164 million in six deals in Q1 2020, it said. The report said 33 VC investors participated in battery storage funding during the said quarter. The VC funding for smart grid companies in...
Atomberg – A fan made by IIT-Bombay Alumni Selling 2000 Fans Monthly, Tie-up With Tata Powers
Story

Atomberg – A fan made by IIT-Bombay Alumni Selling 2000 Fans Monthly, Tie-up With Tata Powers

Atomberg Technologies, a Mumbai based fan manufacturing startup launched by IIT-Bombay alumni, has created an innovative and highly energy efficient fan called "Gorilla Fans". Gorilla Fans are based on the state-of-the-art Brushless DC technology that is more energy efficient than even the five-star ceiling fans available in the market. The Gorilla Fans consume just 28 watts of energy, even when operated at their highest speed. Multi-award winning startup Atomberg started manufacturing these fans back in November 2015, and within six months, their sales reached 1,000 fans per month and currently, the company is selling 12,000 fans per month, with a capacity to produce 30,000 fans per month. The Gorilla Fans are one of the highest rated and reviewed products on e-commerce giants like Ama...