StoreDot in Strategic Collaboration with Volvo Cars for EV Cells Updated On Thu, Sep 28th, 2023 by Saurenergy StoreDot, which delves into extreme fast charging (XFC) battery technology for electric vehicles, has signed a ]multi-year agreement with Volvo Cars to develop an optimized battery for next generation Volvo cars. The collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and […] Read more
Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding Updated On Thu, Sep 28th, 2023 by Saurenergy Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
JA Solar to Supply Solar Modules to 150 MW Solar Project in Bangladesh Updated On Mon, Sep 25th, 2023 by Saurenergy China’s solar firm JA Solar has entered into an agreement with Paramount Group- an energy conglomerate based in Bangladesh. The agreement paves the way for JA Solar to provide solar modules for solar power plant project of 150 MW capacity. Poised to be the largest solar project in Bangladesh in 2023, it is slated for […] Read more
LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials Updated On Thu, Sep 21st, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […] Read more
2023 To See China, India EV Sales Go Beyond 10 Million For First Time Updated On Thu, Sep 21st, 2023 by Saurenergy Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […] Read more
Trina Solar To Set Up US Plant To Hedge Against Tariff Risks Updated On Mon, Sep 18th, 2023 by Saurenergy Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market. Earlier, Trina has also […] Read more
Module Exports to India from China Slide from 9.8 GW H1 2022 to 2.3 GW in H1 2023 Updated On Thu, Sep 14th, 2023 by Saurenergy As per think-tank Ember, module exports to India from China have seen noteworthy slide. India is the only country to see a large fall in imports from China. The study finds that module exports to India declined by 76% (-7.5 GW) year-on-year, down from 9.8 GW in the first half of 2022 to 2.3 GW […] Read more