EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
Lohum Inducts Exide Energy’s Arun Mittal As CEO Updated On Thu, Nov 14th, 2024 by Saurenergy Lohum, India’s largest producer and processor of sustainable critical minerals and one of the largest outside China, has announced the appointment of Arun Mittal as the new Chief Executive Officer (CEO) of Lohum India, a part of Lohum Corporation, effective immediately. Mittal joins from Exide Energy, where he served as Managing Director & CEO. Mr. […] Read more
BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India Updated On Wed, Nov 13th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and standalone Battery Energy Storage System (BESS) projects in India. The […] Read more
The Emissions Impact of Repurposed EV Battery Packs in Residential Settings Updated On Tue, Nov 12th, 2024 by Saurenergy The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […] Read more
RRUVNL Launches Rajasthan’s First BESS Tender For 1000MWh Updated On Thu, Nov 7th, 2024 by Saurenergy To meet its expanding energy needs, Rajasthan’s state power generation company, Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL), has announced its first standalone Battery Energy Storage System (BESS) tender. This 500 MW/1000 MWh tender, which includes a greenshoe option, will be developed across six locations: Giral Lignite Power Project in Barmer; Suratgarh Thermal Power Station; RVPNL […] Read more
Energy Storage All Charged Up For A Boom In India, Says SBI Caps Updated On Wed, Nov 6th, 2024 by Saurenergy A new report from Investment bank SBI Caps on Energy Storage Systems paints a bright picture for the future. Building on the inevitability of energy storage requirements as the share of renewable energy in the grid rises, the report takes a deep look at the technologies likely to emerge winners, the size of the opportunity, […] Read more
Powering India’s Net-Zero: Navigating Challenges in Renewable Integration Updated On Mon, Nov 4th, 2024 by Saurenergy India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More Updated On Mon, Oct 28th, 2024 by Saurenergy Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […] Read more