Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
Amplus Solar Announces the Finalists of ‘The MILES Challenge’ Updated On Thu, Mar 18th, 2021 by Saurenergy Amplus Solar has announced the Green List i.e. the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. Amplus Solar has announced the Green List, the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. The challenge was launched in January 2021 for start-ups with ready to deploy innovations […] Read more
Noon Energy’s Breakthrough Renewable Energy Storage Technology Lands $3M Seed Investment Updated On Wed, Mar 17th, 2021 by Saurenergy Noon Energy Inc., developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment. Prime Impact Fund led the round and was joined by At One Ventures, Collaborative Fund, and Xplorer Capital. “Long duration storage is the missing link to a fully renewable electric grid. This is a difficult challenge because storage times must be […] Read more
Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025 Updated On Tue, Mar 16th, 2021 by Saurenergy Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […] Read more
StoreDot Appoints Former BP Ventures’ David Gilmour as Chairman Updated On Tue, Mar 16th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces the appointment of London-based Dr. David Gilmour as Executive Chairman. Gilmour is the former Vice President of Business Development at bp and the former Global Head of bp Ventures. He has served on StoreDot’s Board of Directors since 2018. […] Read more
TG Hylift Develops A Robotic Cleaner For Floating Solar Modules Updated On Mon, Mar 15th, 2021 by Saurenergy A German engineering manufacturer has developed a cleaning robot optimized for installed floating solar modules. It can also be used for solar modules installed on land. The robotic cleaner uses only water without any detergent and works with batteries, maikig it an optimum option for floating solar plants by avoiding any water pollution. With floating […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more
EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more