Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more
Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand Updated On Tue, May 18th, 2021 by Saurenergy Switzerland-headquartered Hitachi ABB Power Grids Ltd. recently announced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to provide Battery Energy Storage System (BESS) and controls technology to a “smart industrial park” project in Thailand, which is a part of the country’s largest private microgrid at Saha Industrial Park in Sriracha. Once commissioned, the park […] Read more
ReNew Power Goes with Gujarat For Solar Component Manufacturing Plant Updated On Tue, May 18th, 2021 by Saurenergy Leading renewable energy firm ReNew Power has announced that it will be going to Gujarat for the development of a solar cell and module manufacturing plant. The manufacturing plans had been announced by ReNew Power last year, and it has picked the Dholera Special Industrial Region (DSIR), about 100 km away from Ahmedabad . Gujarat, […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
DGTR’s Third Anti Dumping Investigation. Too Little, Too Late? Updated On Tue, May 18th, 2021 by Saurenergy The announcement by the ministry of commerce and industry of the Directorate General of Trade Remedies (DGTR) starting an anti-dumping probe on imports of solar cells imported from China, Vietnam, and Thailand was made yesterday. The move, while following due process as one would hope, leads to several questions regarding its relevance. Perhaps the only […] Read more
Vestas Leads Industry-Academic Wind Blade Recycling Coalition Updated On Mon, May 17th, 2021 by Saurenergy Danish wind turbine company Vestas Wind Systems, along with Olin Corporation, Danish Technological Institute, and Aarhus University, announced today that a coalition of industry and academic leaders has developed a new technology to enable circularity for thermoset composites, the material used to make wind turbine blades. To enable the adoption of this new technology, and […] Read more
SkySpecs Acquires Wind Energy Tech Companies Fincovi and Vertikal AI Updated On Mon, May 17th, 2021 by Saurenergy Michigan-headquartered wind energy technology company SkySpecs announced today that it has acquired two of Europe’s premier wind energy companies: Fincovi, a leader in financial asset management, and Vertikal AI, a pioneer in predictive maintenance for wind energy. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to […] Read more
DST Raises $100 Million In Series C Funding Round Updated On Mon, May 17th, 2021 by Saurenergy Chinese electric vehicle logistics provider, DST Car Rentals has announced that it has closed its latest round of investment for Series C funding. This final round of investment has raised a total of USD 100 million. The investment was led by the Ingka Investments (part of Ingka Group), followed by SMRT Ventures, China Securities Investment […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
