EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding Updated On Wed, Jul 12th, 2023 by Saurenergy EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […] Read more
Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report Updated On Tue, Jul 11th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […] Read more
Latest CATL Electrolyte Innovation Improves EV Battery Efficiency in Cold Weather Updated On Fri, Jul 7th, 2023 by Saurenergy Chinese battery manufacturer CATL has revealed the development of materials for lithium-ion batteries which would augment the charging efficiency of electric vehicles (EVs), particularly in extremely cold conditions. During a forum in Shanghai, Wu Kai, the chi ef scientist at CATL, revealed that the firm has successfully created new electrolyte materials that can dramatically enhance […] Read more
Spinkraft Ventures & Roofsol Join Hands for 60 MW Solar Inverter Contract with Wattpower Updated On Fri, Jul 7th, 2023 by Saurenergy Spinkraft Ventures Private Limited and Roofsol Energy Pvt Ltd have joined hands for a supply contract with a capacity of 60 MW. The agreement has been forged with Wattpower Systems Pvt. Ltd. The contract will pave the path for the delivery of inverters and components that convert solar panel-generated direct current (DC) into alternating current […] Read more
US Agri Startup Aigen Brings Solar Powered Robotics To Farm Cleanup Updated On Thu, Jul 6th, 2023 by Saurenergy Aigen, a startup in the field of agricultural technology, based in Seattle, US has recently introduced a groundbreaking robotics platform that operates autonomously and can be scaled up easily. The USP of the platform is that it exploits solar and wind energy as its sole power sources. The firm claims that the Aigen Element Service […] Read more
Mini-Grids And The Rockefeller Experience Updated On Fri, Jun 30th, 2023 by Saurenergy Even as India made commendable progress connecting almost all households to the grid, the larger aim of 24×7 power for all is still some distance away. With a twin challenge of rising demand and the need to transition to a cleaner grid powered by renewables, the hopes of millions for continuous, dependable power are still […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu Updated On Thu, Jun 22nd, 2023 by Saurenergy Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in a phase-wise manner. The firm has set sights on beginning operations by next […] Read more
