NHEV adds Its Inputs on Proposed Battery Swapping Policy to NITI Aayog Updated On Mon, Feb 7th, 2022 by Saurenergy The working group of tech-piloting agency ‘Ease of Doing Business’ of National Highway for Electric Vehicle (NHEV) has met with NITI Ayog to discuss the details of the ‘Battery Swapping’ policy. The new scheme was announced by Finance Minister Nirmala Sitharaman in the Union Budget on February 1 to enhance the electric vehicle adoption in […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
Tube Investments to form Subsidiary to Increase Focus on Clean Mobility Updated On Tue, Jan 25th, 2022 by Saurenergy Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […] Read more
Growatt Launches battery System For Off Grid Storage Updated On Tue, Jan 25th, 2022 by Saurenergy Leading PV inverter and energy storage system provider Growatt has added the AXE LV battery system to its smart energy product portfolios, expanding market reach to meet the growing demand for residential off-grid lithium battery storage systems. Growatt is counted as the leading inverter form for residential inverters, and among the top 5 globally for […] Read more
Pune’s Nexzu Mobility Launches ‘Bazinga’ E-cycles Starting at ₹49,445 Updated On Mon, Jan 24th, 2022 by Saurenergy Indian EV maker Nexzu Mobility has unveiled its new Bazinga e-cycles for long-range daily commute, aiming to add to its growing portfolio of e-cycles in the country. The Bazinga e-cycle is priced at ₹49,445 and the Bazinga Cargo e-cycle is priced at ₹51,525, said the company. The online production launch ceremony was organized at the […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
President/Business Head – Solar Business Updated On Thu, Jan 20th, 2022 by Saurenergy We are a fast-growing company focused on the energy storage (lead acid and lithium- ion batteries), electric mobility and solar equipment space. We are looking for senior industry professionals (or existing entrepreneurs) from Power Electronics domain who are willing to take an entrepreneurial route and lead our new business segment focused on manufacturing and sales […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
