BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round Updated On Mon, Jul 15th, 2024 by Saurenergy BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […] Read more
As EV Infra Charges Up, Expect EVs To Follow Suit Updated On Mon, Jul 15th, 2024 by Saurenergy The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […] Read more
Quantumscape Moves A Step Forward With Its Solid State Battery Updated On Thu, Jul 11th, 2024 by Saurenergy In an important development, QuantumScape just shipped its latest solid-state battery cell, dubber Alpha-2 to prospective customers. This is considered a massive stride for solid-state cell technology, demonstrating that the technology is close to ready for mass-deployment. QuantumScape has been widely credited with pushing the case for solid state batteries until now, although recently Chinese […] Read more
2x More Efficient Lithium Metal Batteries Closer To Reality Updated On Thu, Jul 11th, 2024 by Saurenergy Poised as the replacement for the standard that are lithium-ion batteries, Lithium metal batteries offer double the energy storage per unit volume. This technology could enable lower charging rates, with electric vehicles covering double the distance and phones lasting twice as long. At present, lithium metal batteries are unable to go into production because of […] Read more
Canadian Solar Delivers 498 MWH DC BESS For AYPA Power Project Updated On Wed, Jul 10th, 2024 by Saurenergy Canadian Solar secured a contract from Aypa Power (Aypa) to deliver a 498 MWh DC standalone battery energy storage system to the company. The Bypass Project is scheduled for completion in the third quarter of 2025, with e-STORAGE, being a part of its majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar). Located in Fort Bend […] Read more
SECI Plans To Add 500 MW Solar Thermal Capacity By FY25, Says Chairman Updated On Thu, Jul 4th, 2024 by Saurenergy In a recent event organized by the India Energy Storage Alliance (IESA) in Delhi various dignitaries aimed to showcase Indian innovations to the international battery and energy storage community. The event also offered to facilitate partnerships for global companies entering India’s burgeoning battery market. R P Gupta, Chairman and Managing Director of the Solar Energy […] Read more
Govt Proposes Timelines For Activating EV Charging Connections Updated On Tue, Jul 2nd, 2024 by Saurenergy The Ministry of Power has now issued a new draft notification to expedite the growth of installation of electric vehicle charging stations. The ministry has also specified a minimum time period for the electricity distribution companies (discoms) to supply electricity connections to the EV charging points/stations which goes to as low as three days for […] Read more
Tata Motors Acquires Ford’s Sanand EV Facility Updated On Fri, Jun 28th, 2024 by Saurenergy To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […] Read more
e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Updated On Fri, Jun 28th, 2024 by Saurenergy e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […] Read more
