Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
Carnegie Mellon University Signs Multiyear RE Agreements With Engie Updated On Tue, Oct 1st, 2019 by Saurenergy Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […] Read more
Renault to Launch Budget-Friendly Kwid Electric in India Updated On Wed, Sep 11th, 2019 by Saurenergy Renault is set to launch its Kwid EV that could fill the gap for an affordable, functional and aesthetic electric car in India. French carmaker Renault is bringing a new electric hatchback. Renault Kwid EV has already been launched in China as City K-ZE, and it costs less than $8,700 (Rs. 6,23,000). Its relatively cheap entry […] Read more
Australia to Invest $15 mn in Ultra Fast EV Charging Network Updated On Tue, Aug 27th, 2019 by Saurenergy Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […] Read more
EV’s Have Charmed The Government – Will The Markets Follow? Updated On Mon, Aug 26th, 2019 by Saurenergy On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […] Read more
Interview: Govt Can Create Better Awareness for Promotion of Energy Efficiency Updated On Thu, Aug 22nd, 2019 by Saurenergy The government could go one step further and create better awareness by highlighting various technologies that aid in improving energy efficiency in industries and buildings. In addition, the success of Bureau of Energy Efficiency’s Perform-Achieve-Trade (PAT) scheme can also be scaled up to other sectors at faster rate than is happening today. These coordinated activities […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Mahindra Plans More EVs This Year Updated On Thu, Aug 8th, 2019 by Saurenergy The GST rate cuts have not only reduced the prices of electric vehicles but also spurred companies like Mahindra to plan more rollouts. Mahindra and Mahindra said that it is expediting some of its new electric vehicles projects and now wants to work on all new electric vehicles made for India. While interacting with the media at […] Read more
4 Lakh EVs in India, Half of Them in Delhi & UP: Nitin Gadkari Updated On Mon, Jul 15th, 2019 by Saurenergy Nitin Gadkari has informed that at present there are nearly 4 lakh (3,97,184) registered EVs or battery operated vehicles in India The Minister for Road Transport and Highways, Nitin Gadkari, has informed that at present there are nearly 4 lakh (3,97,184) registered electric vehicles (EVs) or battery operated vehicles in India and that more than […] Read more
