Tesla Decision To Scrap Charging Equipment with Electric Vehicles Draws Protests Updated On Tue, Apr 19th, 2022 by Saurenergy In a surprising move leading electric vehicle manufacturer Tesla has announced that it will no longer be providing charging equipment with its electric vehicles. This implies that electric vehicles can’t be charged at households. Founder Elon Musk said the new strategy is adopted because statistics show low usage of charging electric vehicles at homes. He […] Read more
Maruti Suzuki to roll out EVs by 2025, Expects EV Share At Third Of Government Targets Updated On Tue, Apr 19th, 2022 by Saurenergy Maruti Suzuki Chief Executive Officer, (CEO) Hisashi Takeuchi has announced that the company will launch several EV models by 2025 in India to catch up with competition and take the company to leadership position in the sector. Maruti Suzuki says that the first EV model of the company will come in 2025 and other models […] Read more
Green H2 firm Ohmium closes $45 M Series B financing Updated On Mon, Apr 18th, 2022 by Saurenergy US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […] Read more
Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala Updated On Mon, Apr 18th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […] Read more
NeuConnect Undersea Project to Link Energy Markets of Germany and UK Updated On Thu, Apr 14th, 2022 by Saurenergy The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […] Read more
BPCL will invest Rs 200 crore on fast EV charging corridors Updated On Thu, Apr 14th, 2022 by Saurenergy Bharat Petroleum (BPCL) has announced that it will invest Rs 200 crore to ramp up electric vehicle (EV) charging infrastructure in India. This was confirmed by BPCL Executive Director for Retail, BS Ravi, who said that BPCL will set up 100 fast electric vehicle charging corridors having 2,000 stations along the busiest 100 national highways […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal Updated On Tue, Apr 12th, 2022 by Saurenergy A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond. Pyramid Electricals is one of those rare Indian firms that have come up the hard way in the electronics sector. With their own R&D, technocrat founders, and now, plans to scale up to large […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
