Hindustan Zinc, AEsir Technologies Join Hands To Develop Zinc Batteries Updated On Fri, Jun 21st, 2024 by Saurenergy As part of its efforts to bolster the ongoing global energy transition, Hindustan Zinc Limited (HZL), an Indian-based zinc producer, has signed an MoU (memorandum of understanding) with AEsir Technologies. AEsir Technologies Inc. is a US-based company specializing in zinc battery technologies. Under this MoU, Hindustan Zinc becomes the preferred supplier of Zinc, a key […] Read more
Amara Raja Invests €20mn to Increase Stake In Battery Tech Firm InoBat Updated On Fri, Jun 21st, 2024 by Saurenergy Battery manufacturer Amara Raja Energy & Mobility (ARE&M) has further invested EUR 20mn, which includes a subscription for an additional 4.5% equity stake in InoBat AS, Norway. With the above, Amara Raja Energy & Mobility Limited’s total holding will be around 9.32% of its equity stake in InoBat AS, including its previous investment of EUR […] Read more
Top 5 Non-Chinese Solar Inverter Manufacturers Updated On Thu, Jun 20th, 2024 by Saurenergy A Solar inverter is one of the crucial components of solar panel systems, which converts the direct current (DC) generated by solar panels into alternating current (AC), which is suitable for powering household appliances, businesses, and the electrical grid. Needless to say, the solar inverter market growth is analogous to the growth of solar power […] Read more
Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
Top 5 Non-Chinese Solar Manufacturers Disrupting China’s Stronghold Updated On Fri, Jun 14th, 2024 by Saurenergy Non-Chinese solar manufacturers are making significant strides across various regions, challenging the long-standing dominance of Chinese companies in the solar market. Currently, China leads the world in solar panel manufacturing, with major players like JA Solar, Trina Solar, and JinkoSolar at the forefront. Chinese companies control over 80 per cent of the global market share […] Read more
EKA Mobility Inducts Three Seasoned Executives To Drive Growth Updated On Thu, Jun 6th, 2024 by Saurenergy EKA (Pinnacle Mobility Solutions Pvt. Ltd.), a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners, today announced the appointment of three senior executives to its leadership team: Zoeb Karampurwala as Chief Product Officer, Murali Raju as Chief Commercial Officer, and Vijaykumar Yelne as President […] Read more
Uno Minda Signs Deal With Chinese Firm For Making EV Parts Updated On Thu, Jun 6th, 2024 by Saurenergy Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […] Read more
In A First, Volvo To Bring Vehicles With EV Battery Passport Updated On Wed, Jun 5th, 2024 by Saurenergy The Volvo EX90 electric SUV—which has the “world’s first EV battery passport”—will go on sale. Volvo is introducing the EV battery passport to provide important details to prospective purchasers, such as the composition, the source of the battery’s ingredients, and the battery’s carbon footprint. The automaker’s dedication has paid off as new all-electric vehicles are […] Read more
Courier Company Blue Dart To Expand EV Fleet Updated On Mon, Jun 3rd, 2024 by Saurenergy Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […] Read more
