EIT InnoEnergy and Demeter Launched Battery Raw Material Fund Updated On Mon, Jan 22nd, 2024 by Saurenergy EIT InnoEnergy, the innovation wing for sustainable energy supported by the European Institute of Innovation & Technology (EIT), is a body of the European Union (EU), Demeter Investment Managers, a major European private equity and venture capital firm. Recently, they announced the launch of a fund dedicated to the development of a resilient and diverse […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
International Battery Company Raises $35mn In Pre-Series A Round Updated On Thu, Jan 18th, 2024 by Saurenergy International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […] Read more
5 Ways Lower Storage Costs Will Affect Solar Deployment Updated On Tue, Jan 16th, 2024 by Saurenergy Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […] Read more
Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat Updated On Mon, Jan 15th, 2024 by Saurenergy Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […] Read more
Altris, Clarios Announce Collaboration To Boost Sodium-Ion Battery Technology Updated On Mon, Jan 8th, 2024 by Saurenergy Low-voltage battery solutions company Clarios and sodium-ion technology firm Altris announced the creation of an innovative partnership to develop low-voltage sodium-ion batteries for the automotive industry. Every vehicle, including hybrid and electric vehicles, requires a low-voltage energy source to power critical systems and functions. As hybrid and electric vehicles continue to evolve, a joint statement […] Read more
Top 5 Technologies Set To Make An Impact In Solar Deployment Updated On Fri, Jan 5th, 2024 by Saurenergy Solar has gone through a lot of changes in the past decade, going from barely viable to a technology that looks to be the future of energy generation. With that in mind, let’s have a look at the top 5 technologies that will play key roles in improving solar going into the future. Silicon heterojunction […] Read more
In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains Updated On Fri, Jan 5th, 2024 by Saurenergy Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […] Read more
Tesla Power India Launches Refurbished Battery Brand-‘Restore’ Updated On Thu, Jan 4th, 2024 by Saurenergy Tesla Power India today announced introducing ‘ReStore’, India’s first refurbished battery brand supporting self-reliance, skill development, and green technology. The initiative is led by Tesla Power India Private Limited, which is headquartered in Gurgaon and has global headquarters in Delaware, USA. Its Electro-Chemical Battery Enhancement Process (EBEP) is poised to transform the battery industry landscape, […] Read more
