Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio Updated On Wed, Aug 3rd, 2022 by Saurenergy Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […] Read more
e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year Updated On Tue, Aug 2nd, 2022 by Saurenergy Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […] Read more
HOP Electric Receives Strong Response Before Commercial Launch Updated On Tue, Aug 2nd, 2022 by Saurenergy Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batch’s pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the product’s official […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
Govt & Firms Join Hands For 50 GWh Capacity Battery Storage Under PLI Scheme Updated On Mon, Aug 1st, 2022 by Saurenergy Reliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited have signed the Programme Agreement under the PLI scheme (Production Linked Incentive) for Advanced Chemistry Cell (ACC) battery storage, the Ministry of Heavy Industries has announced. Earlier in the year, Reliance New Energy Solar, Hyundai Global Motors, Ola Electric Mobility, Rajesh Exports […] Read more
Omega Seiki Mobility & Log9 Launch E-Three Wheeler Updated On Fri, Jul 29th, 2022 by Saurenergy Electric Vehicle manufacturer Omega Seiki Mobility and Bengaluru based battery maker Log9 Materials have unveiled the longer-range version of Rage+ electric 3-wheeler called ‘Rage+ RapidEV Pro’. The e-vehicle has been developed by the two players jointly. The Rage+ RapidEV Pro, available in two variants with different cargo body volumes, comes with the RapidX 8000 battery […] Read more
Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru Updated On Fri, Jul 29th, 2022 by Saurenergy Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […] Read more
Convergence Energy Services Expands Charging Stations On Highways Across India Updated On Fri, Jul 29th, 2022 by Saurenergy A wholly owned subsidiary of Energy Efficiency Services Limited (EESL) under the Ministry of Power, Convergence Energy Services Limited (CESL) will establish public charging stations on expressways and national highways. CESL will install 810 electric vehicle charging stations (EVCSs) throughout 16 expressways and national highways, traversing10,275 km across the nation. Convergence Energy Services Limited (CESL) […] Read more
500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more