And the 2021 BNEF Pioneers Are… Updated On Fri, Apr 9th, 2021 by Saurenergy The BloombergNEF Pioneers Competition– an annual technology and innovation contest started in 2010has announced the 12 winners of the 2021 edition of the competition. The winners list includes Convoy, Nautilus Labs, and EConcrete among others which were chosen from over 250 applications received from 36 countries. Previous winners have ensured the award is a […] Read more
Waaree Energy Storage System Secures Seed Funding of USD 2 Million Updated On Thu, Apr 8th, 2021 by Saurenergy Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […] Read more
Taiwan Cement Announces NT$10 Billion Investment for Super Battery Factory Updated On Wed, Apr 7th, 2021 by Saurenergy As one of the top ten cement companies in the world, Taiwan Cement (TCC) greatly emphasizes on the climate and environmental impacts the cement industry causes. TCC Chairman Nelson Chang states, “Everyone has only one nationality, Earth.” In 2020, TCC joined industry peers to support the Climate Ambition to deliver carbon neutral concrete products in 2050 announced […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand Updated On Tue, Mar 30th, 2021 by Saurenergy The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […] Read more
Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […] Read more
The 12 States Welcoming EV Adoption With Policies To Match: WRI India Updated On Sat, Mar 27th, 2021 by Saurenergy 12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […] Read more
Goa Adds 50 Electric Buses to its Fleet Under FAME II Scheme Updated On Wed, Mar 24th, 2021 by Saurenergy Goa has added 50 ‘Make in India’ electric buses from Kadamba Transport under the FAME II Scheme. Chief Minister of Goa, Dr. Pramod Sawant, waved off the ‘Make in India’ Electric buses (e-buses). In a first-of-its-kind move, Goans will be now able to travel in zero-emission and noiseless e-buses deployed by Olectra Greentech Limited, a […] Read more
China’s Green Ambitions can Complement Energy Security and Economic Goals: WoodMac Updated On Mon, Mar 22nd, 2021 by Saurenergy Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals. Faced with a fractured global trading system, China’s leadership has responded with ‘dual circulation’, an economic manifesto focusing on more secure supply chains, growing the domestic market and improving export competitiveness. At the same […] Read more