Delhi Gets First Commercial Utility-Scale BESS Project After DERC Approval, Backed By GEAPP Updated On Wed, May 8th, 2024 by Saurenergy In a significant step, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India’s first commercial standalone Battery Energy Storage System (BESS) project. This groundbreaking initiative is supported by The Global Energy Alliance for People and Planet (GEAPP’s) concessional loan amounting to 70% of the total project cost and is in partnership with IndiGrid and BSES Rajdhani […] Read more
Zen Mobility Opens MicroPods Making Facility In Manesar Updated On Tue, May 7th, 2024 by Saurenergy EV manufacturing company Zen Mobility has launched its manufacturing plant in Manesar, near Gurugram in Haryana. With a capacity of 50,000 units per year, the facility is dedicated to the production and assembling of the Zen Micro Pods, the company’s flagship electric vehicles tailored for urban commuters, said Zen Mobility in a statement. According to […] Read more
BII Invest $19 Mn To Expand CHARGE Zone Network In India Updated On Wed, May 1st, 2024 by Saurenergy CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UK’s development finance institution. This collaboration forms part of their long-term plan to create a network of one million […] Read more
Audi Opens First EV Charging Hub Outside Europe In Tokyo Updated On Tue, Apr 30th, 2024 by Saurenergy Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […] Read more
EMobility Firm BluSmart Crosses Rs 500 Crore In Annual Run Rate Updated On Tue, Apr 30th, 2024 by Saurenergy EMobility ride-hailing service BluSmart has announced that it has crossed the Annual Run Rate (ARR) of Rs 500 Crore ($60 Million) achieving 102% growth over the previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last three years, and is well poised for continued growth. The growth […] Read more
Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia Updated On Mon, Apr 29th, 2024 by Saurenergy French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […] Read more
CATL To Power Beijing Hyundai Electric Models With CTP Technology Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […] Read more
RecycLiCo Secures Patent For Battery Recycling In India Updated On Fri, Apr 26th, 2024 by Saurenergy RecycLiCo Battery Materials Inc. (RecycLiCo), recently received patent No. 478749 for RecycLiCo’s “Processing of cobaltous sulphate/dithionate liquors derived from cobalt resource” by the Indian Patent Office. The Indian patent follows the form of existing patents previously granted for the same invention in other jurisdictions. The patent incorporated 18 claims, including separation of cobalt compounds from […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
