ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
As Usage Increases, 30% of Two-Wheelers Will Be Electrified by 2030 Updated On Tue, Oct 4th, 2022 by Saurenergy According to a recently published survey report, new manufacturers will drive the transition toward electric two-wheelers, which will account for 30% of the country’s market by 2030. By 2030, passenger cars will be 15% electric, and three-wheelers would be 75% electric, according to a BNP Paribas analysis entitled “India Autos—Electric vehicles: Minutes to midnight.” The […] Read more
We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years Updated On Mon, Oct 3rd, 2022 by Saurenergy EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […] Read more
Lohum Cleantech In 5 Year Supply Deal With Glencore Updated On Fri, Sep 30th, 2022 by Saurenergy Lohum, one of India’s largest lithium-ion battery lifecycle management firm and Glencore, among the largest globally diversified metals and resources firms have announced a strategic partnership to advance circularity in the Li-ion battery supply chain. Under the alliance, Lohum will supply Glencore with 10,000 MT of specialty chemicals for the battery supply chain over the […] Read more
Understanding The $84 Billion Global Carbon Pricing Market Updated On Thu, Sep 29th, 2022 by Saurenergy Global carbon pricing revenue in 2021 increased by almost 60 per cent from 2020 to around $84 billion, as per the latest “State and Trends of Carbon Pricing” report. The world needs funds to carry on with its efforts to shift to sustainable development, finance broader fiscal reforms, or invest in communities as part of […] Read more
DRE In Solar Provides Employment Boost says PowerForAll Report Updated On Wed, Sep 28th, 2022 by Saurenergy Power for All, the global campaign to end energy poverty, today released its second Decentralized Renewable Energy (DRE) jobs report supported by GET.invest, Good Energies Foundation, and The Rockefeller Foundation. The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs. The […] Read more
AutoNxt Automation Enriches Board, Founding Team with Industry Professionals Updated On Mon, Sep 26th, 2022 by Saurenergy AutoNxt Automation, which claims to be India’s first electric tractor, has recently boosted its Board and founding team with seasoned industry professionals. While Pankaj Goyal is now onboard as a Co-Founder and COO, I.V. Rao is the Board Director of AutoNxt Automation. About Pankaj Goyal Pankaj Goyal joined the firm as the Co-Founder and COO […] Read more
Examining the Biggest Polluters: Report Card of Shipping Industry Updated On Mon, Sep 26th, 2022 by Saurenergy Nearly 80 per cent of the world’s trade is carried out by sea. Indeed, shipping offers an environmentally efficient means of transport per unit of cargo when compared to other highly polluting media such as air and road transport. Yet, the sheer volume of maritime trade results in a significant contribution to the world’s greenhouse […] Read more