Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
China’s CATL Launches Battery With 1000 km Range On A Single Charge Updated On Mon, Jun 27th, 2022 by Saurenergy Leading battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL) has launched its Qilin battery technology which has a volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg. CATL claims that it has recorded the highest integration level worldwide so far by delivering a range of over 1,000 km . The […] Read more
Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more
Gridtential to Supply Battery Technology to Camel Energy and Leading U.S. Automaker Updated On Tue, Apr 5th, 2022 by Saurenergy Gridtential Energy, the firm behind the of Silicon Joule bipole battery technology, has announced a product development agreement with car batteries manufacturer Camel Energy and a top-three U.S. automaker for the delivery of start/stop batteries for internal combustion engine (ICE) vehicles. The same technology architecture can be used for low-voltage batteries in electric vehicles and […] Read more
Sulfur Batteries of Theion Offers 3X Energy Capacity, Affordability Updated On Tue, Apr 5th, 2022 by Saurenergy Berlin based battery start up Theion is coming up with its ‘Crystal Battery’ which – in comparison to lithium-ion batteries – increases the energy density of the cell by three times, requires 90 per cent less energy to produce them and costs far less. According to Theion, the Crystal Batteries employ lithium-sulphur cathode technology and […] Read more
Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
NHEV adds Its Inputs on Proposed Battery Swapping Policy to NITI Aayog Updated On Mon, Feb 7th, 2022 by Saurenergy The working group of tech-piloting agency ‘Ease of Doing Business’ of National Highway for Electric Vehicle (NHEV) has met with NITI Ayog to discuss the details of the ‘Battery Swapping’ policy. The new scheme was announced by Finance Minister Nirmala Sitharaman in the Union Budget on February 1 to enhance the electric vehicle adoption in […] Read more
Canadian Solar Concall Highlights Global Concerns for Large Solar Manufacturers Updated On Mon, Nov 22nd, 2021 by Saurenergy Canadian Solar Inc.’s CEO, Shawn Qu speaking at an analyst concall after its Q3 numbers expressed confidence in the growth of solar market as a result of ‘real action, globally in the sector’. The firm saw its manufacturing division recover well after Q2, even as its projects division lagged. On revenues of $1.23 billion, the […] Read more
