Zypp Electric to Deploy 5k Battery Swapping Stations Across 100 Cities Updated On Fri, Jan 22nd, 2021 by Saurenergy Zypp Electric is going to install EV battery swapping stations by investing Rs. 50 crores. Gurugram based provider of Electric Vehicles for last-mile delivery of essentials, Zypp Electric has set its goals of installing five thousand battery swapping stations in three years, across 100 cities. The company will install the battery swapping stations for electric […] Read more
European Renewable PPA Market Could Exceed 10 GW in 2021: Report Updated On Fri, Jan 22nd, 2021 by Saurenergy The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility Updated On Tue, Jan 19th, 2021 by Saurenergy Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […] Read more
ConnectDER Granted U.S. Patent for Leading Plug & Play Distributed Energy Resource Connection Updated On Mon, Jan 18th, 2021 by Saurenergy ConnectDER, the innovative company that enables utilities and homeowners to expand access to distributed energy resources, has received a patent for innovations to their ‘plug and play’ solutions for distributed energy resources (DER’s). The patent is for a reinvention of the standard utility power meter; one that combines the ubiquitous metering and communications of a “smart […] Read more
3rd Deadline Extension for Empanelment of Agencies in E-Mobility Space Updated On Mon, Jan 18th, 2021 by Saurenergy SECI has, for the third time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has, for now, the third time, extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the electric mobility (e-mobility) […] Read more
