Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia Updated On Fri, Jul 22nd, 2022 by Saurenergy Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […] Read more
TVS Motor Lines Up Fresh Investments Of Rs 1,000 Crore In EV Push Updated On Fri, Jul 22nd, 2022 by Saurenergy India took one step closer to green energy transition with TVS Motor committing Rs 1,000 crore to electric vehicles, a sizeable part of which will go into capacity expansion and building the EV product portfolio. The automobile major has decided to invest Rs 1,000 crore investment for the second consecutive year, gearing up to double […] Read more
EDP To Add Battery Storage To Floating Hydro-Solar Hybrid Plant In Portugal Updated On Fri, Jul 22nd, 2022 by Saurenergy Hybrid renewable energy projects are on the rise the world over and in the latest addition to this expansion is the combination of a hydropower and floating solar power in Portugal. The Portuguese utility firm Energias de Portugal (EDP), which has developed the hybrid project, has announced that it will add an energy storage system […] Read more
93% of MSEDCL Tender For 535 MW Solar Power Goes To Railways Firm Updated On Fri, Jul 22nd, 2022 by Saurenergy In an interesting development, Braithwaite India and Co. Limited, a firm under the Ministry of Railways, has got an allotment of 500 MW out of a 535 MW of bids accepted by MSEDCL (Maharashtra State Electricity Distribution Company Limited), under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ from 2 to 10 MW capacity projects. For the […] Read more
China’s Solar Power Installations Touch Record High Of 31 GW In First Half Of 2022 Updated On Fri, Jul 22nd, 2022 by Saurenergy Installing solar power projects at breakneck speed, China built nearly 31 GW from January to June 2022. This is 137% more than last year during the same period. This trend, unless stopped midway, is extrapolated to clock between 75 GW and 90 GW by the end of this year. According to Wang Bohua, the honorary […] Read more
HPX Crosses 100 MUs Of Traded Power In Month 1 Updated On Thu, Jul 21st, 2022 by Saurenergy The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […] Read more
CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
ZapBatt, Toshiba Collaborate On Lithium Titanium Oxide Battery Technology For Micro-Mobility Updated On Thu, Jul 21st, 2022 by Saurenergy California-based ZapBatt has joined hands with Toshiba (TOSBF). The former will be fusing its AI software technology and battery hardware with Toshiba’s lithium titanium oxide (LTO) battery cells. This will make way for a new battery option for the micro-mobility marketplace. Toshiba has said that this solution will make lithium titanium oxide a faster, smarter, […] Read more
More Than 13 Lakh EVs Registered In India: Gadkari Updated On Thu, Jul 21st, 2022 by Saurenergy More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […] Read more
